Parliament: 'Bill on the amendment of mines' approved from parliament to promote precious minerals, it approves of Rajya Sabha after Lok Sabha - Mines Amendment Bill approved by Parliament to promote precious minerals, has been approved to promote preciou

Parliament passed the Mine and Minerals (Development and Regulation) Amendment Bill on Tuesday. Its purpose is to make India’s mineral sector more generous and modern by paying special attention to important and strategic minerals. The Original Mine and Minerals Act (Development and Regulation) 1957 was amended by the bill. On Tuesday, it was also approved by the Rajya Sabha. Pti, New -Delhi. Parliament passed the Mines and Minerals (Development and Regulation) Amendment Bill on Tuesday, 2025. Its purpose is to make India’s mineral sector more generous and modern by paying special attention to important and strategic minerals. The Rajya Sabha was also approved by the bill by the original Mines and Minerals Bill (Development and Regulation), 1957. It was passed by the Lok Sabha earlier on August 12. On Tuesday, it was also approved by the Rajya Sabha. The minister emphasized the increasing importance of important minerals, and the government said that the government identified 24 important and strategic minerals and began the National Important Mineral Commission (NCMM) with a layout of Rs 34,000 crore to increase domestic production. The Amendment Bill has made several important changes to modernize the mining structure, with mining rentals, which now includes new minerals, especially important minerals such as lithium, cobalt and nickel in their existing operations without paying extra royalties. This bill will be taken with minerals. This bill allows a lump sum expansion of minerals for deep minerals and removes a 50 percent limit on the sale of minerals from captive mines. States also have the right to allow the sale of mineral reserves. The Lok Sabha, past the Gauhati Iim Bill Lok Sabha, approved the bill related to the opening of IIM in Gauhati. 550 Crore calls will be spent for this. The IIM (amendment) Bill, 2025, was approved in the home amid a heavy riot. It will be the second IIM to Shillong in the northeast.