Centre Launches India’s First State Mining Index to Drive Sectoral Reforms
COAL & MINING

Centre Launches India’s First State Mining Index to Drive Sectoral Reforms

The Ministry of Mines has unveiled India’s first-ever State Mining Index to promote transparency, efficiency, and competitiveness across the mineral sector. The index is designed to benchmark the performance of states and union territories in mineral exploration, resource management, and policy implementation.

Developed by the Indian Bureau of Mines (IBM), the index will assess states on parameters such as exploration output, auction process, environmental compliance, and revenue generation. It aims to encourage healthy competition among states while improving policy coordination and governance standards.

The initiative aligns with the Centre’s broader goal of driving reforms in the mining sector, enhancing ease of doing business, and supporting the nation’s vision for self-reliance in critical minerals and sustainable resource development.

The Ministry of Mines has unveiled India’s first-ever State Mining Index to promote transparency, efficiency, and competitiveness across the mineral sector. The index is designed to benchmark the performance of states and union territories in mineral exploration, resource management, and policy implementation. Developed by the Indian Bureau of Mines (IBM), the index will assess states on parameters such as exploration output, auction process, environmental compliance, and revenue generation. It aims to encourage healthy competition among states while improving policy coordination and governance standards. The initiative aligns with the Centre’s broader goal of driving reforms in the mining sector, enhancing ease of doing business, and supporting the nation’s vision for self-reliance in critical minerals and sustainable resource development.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Innovision Wins NHAI Toll Collection Contract at Aashpur Fee Plaza

Innovision Limited has informed stock exchanges that it has been awarded a user fee collection and facility maintenance contract by the National Highways Authority of India (NHAI). The letter of award was issued on 10 August 2026 for operations at Aashpur Fee Plaza at design kilometre 231.100 on National Highway number 91 between Aligarh and Kanpur in Uttar Pradesh. The engagement covers collection of user fees for four and more lane sections and the upkeep and maintenance of adjacent toilet blocks including replenishment of consumable items. The contract was secured through a competitive e-te..

Next Story
Infrastructure Urban

Bharat Electronics Secures Rs.5,410 mn In Orders

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth Rs.5,410 million (mn) since the last disclosure on 31 July 2026. The fresh awards raise the company's recently reported intake and were announced by way of a regulatory filing on 10 August 2026. The orders span multiple business verticals and are incremental to contracts already under execution. The update follows the company's routine disclosure obligations to the stock exchanges. Major orders received include communication equipment, electro optics, ammunition fuzes, Chemical B..

Next Story
Infrastructure Urban

United Drilling Tools Receives US Order For Gas Lift Mandrel

United Drilling Tools Limited said it has received an order from Tri Lift Services Inc of the United States for the supply of a gas lift mandrel to be used in the oil and gas industry. The company said the disclosure was made to listing authorities under the Securities and Exchange Board of India listing rules and the SEBI master circular of November 2024. The notice set out the nature of the contract as commercial and awarded by an international entity. The order is to be executed in the ordinary course of business and carries an estimated contract value of Rs four point eight three million (..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement