Parliament passes The Mineral Laws (Amendment) Bill 2020

Infrastructure Energy

The Rajya Sabha and Lok Sabha recently passed The Mineral Laws (Amendment) Bill 2020 for amendments in Mines & Mineral (Development and Regulation) Act 1957 and The Coal Mines (Special Provisions) Act 2015.

The Mineral Laws (Amendment) Bill 2020 will usher in a new era in the Indian coal and mining sector, especially to promote ease of doing business. Union Coal & Mines Minister Pralhad Joshi said that this Bill will transform the mining sector in the country, boosting coal production and reducing dependence on imports, according to a release by PIB.

The amended provisions clearly provide that companies that do not possess any prior coal mining experience in India and/or have mining experience in other mi