The Ministry of Mines will launch the second tranche of the auction of limestone blocks in the Union Territory of Jammu and Kashmir on 12 May 2026 at Srinagar, advancing efforts to unlock the region's mineral potential. The move builds on an earlier initiation of mineral block auctions in the UT and aligns with national objectives of Viksit Bharat and Aatmanirbhar Bharat. The initiative aims to strengthen industrial capacity and broaden the economic base of the region.

Under Tranche II, the Ministry, in collaboration with the Government of Jammu and Kashmir, is offering 12 limestone blocks for auction located across the districts of Anantnag, Rajouri and Poonch. The package includes newly identified blocks and those being re?auctioned on the second attempt, reflecting a push for optimal resource utilisation and sustained industry participation. The deposits are broadly classified under the United Nations Framework Classification (UNFC) G3 and G4 stages of exploration, indicating promising geological potential and industrial?grade limestone resources.

The launch will be attended by Shri Piyush Goyal, Secretary, Ministry of Mines, and Shri Ashwani Kumar, Additional Chief Secretary, Government of Jammu and Kashmir, along with senior officials from both administrations, underscoring the joint Centre and UT commitment to accelerate mineral development. The auction process is being conducted under the Mines and Minerals (Development and Regulation) Act, 1957 and the Mineral (Auction) Rules, 2015, as amended, and is designed to be transparent and competitive. Bidding will be undertaken through a digital e?auction platform aligned with global best practices.

The Ministry emphasises the promotion of scientific and sustainable mining practices to ensure environmental safeguards and community benefits. Successful award and operationalisation of the blocks is projected to generate significant revenue, create employment opportunities and reinforce industrial growth in the UT. Officials anticipate that the development of limestone resources will support key sectors such as cement, construction and infrastructure, contributing to inclusive economic progress across Jammu and Kashmir.