Mineral Blocks Auction To Pvt Companies in Last 5 Years
Mineral Blocks – The Mines and Mineral (Development and Regulation) Act, 1957, was amended with effect on January 12, 2015, to introduce an auction regime for the grant of mineral concessions, bringing greater transparency and removing discretion at all levels in the grant of mineral concessions.
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The auction is conducted by the governments of the respective states. Mineral concessions are also granted to government companies through area reservation under Section 17A of the MMDR Act 1957, in addition to auction.
133 mineral blocks have been auctioned off by various state governments to private companies over the last five years, and the Central Government has approved 16 proposals for reservation of area under Section 17A of the MMDR Act 1957 in favor of government companies.
Mineral Blocks
Annexure 1 contains a summary of the data by state and year.
According to data from the Ministry of Environment, Forestry, and Climate Change, mining activities have diverted a total of 19267.47 hectares of forest land in the last five years. Annexure II contains state-by-state information.
The respective state governments keep track of people who have been displaced or rehabilitated as a result of mining activities.
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