In 2025, the Ministry of Mines implemented comprehensive policy reforms to modernise India’s mining ecosystem and strengthen mineral security. Key measures included the enactment of the MMDRAmendment Act, 2025, expansion and renaming of NMET to NMEDT with enhanced funding, streamlined auction processes with defined timelines, removal of restrictions on captive mine sales, reclassification of select minerals as major minerals, notification of royalty rates for critical minerals, promotion of mineral exchanges, and implementation of offshore mining reforms. Together, these reforms aim to improve transparency, ease of doing business, accelerate mineral production, and support sustainable development, positioning the mining sector as a strategic pillar in achieving the vision of Viksit Bharat 2047.
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Prajith Kumar
