Government to convert Mines Bill into legislation
COAL & MINING

Government to convert Mines Bill into legislation

The government intends to convert the draft Mines Bill into legislation for the benefit of the country’s tribal community. A ministerial panel on mine had in September last year unanimously approved the draft Mines and Mineral Development and Regulation (MMDR) Bill, 2011 obligating coal miners to share 26 per cent profit; and non-coal miners, 100 per cent royalty with project-affected people. It would replace the 54-year old legislation governing the sector. The changes in the bill were required as the existing ones did not provided a fair deal to those affected by the mining projects.

The government intends to convert the draft Mines Bill into legislation for the benefit of the country’s tribal community. A ministerial panel on mine had in September last year unanimously approved the draft Mines and Mineral Development and Regulation (MMDR) Bill, 2011 obligating coal miners to share 26 per cent profit; and non-coal miners, 100 per cent royalty with project-affected people. It would replace the 54-year old legislation governing the sector. The changes in the bill were required as the existing ones did not provided a fair deal to those affected by the mining projects.

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