Ministry of Mines introduces intermediate timelines to fast-track operationalisation of auctioned Mineral blocks

New Delhi [India], October 19 (ANI): The Ministry of Mines has notified an amendment to the Mineral (Auction) Rules, 2015, introducing intermediary timelines for various activities to be completed after the issue of the Letter of Intent (LoI) till the execution of the mining lease.

Since the commencement of the auction regime in 2015, a total of 585 major mineral blocks have been successfully auctioned, includin