Madras HC: Repeated Remand Orders U/S 37 A&C Act are Unworkable Without Reversing Merits  ||  Delhi High Court: Unproven Immoral Conduct of a Parent Cannot Influence Child Custody Decisions  ||  Delhi High Court: Counsel Cannot Treat Passovers or Adjournments as an Automatic Right  ||  Delhi HC: Landlord’s Rent Control Act Rights Cannot be Waived by Contract With Tenant  ||  Bom HC: Arbitrator Who Halts Proceedings over Unpaid Revised Fees Effectively Withdraws From Office  ||  SC Holds That if Some Offences Are Quashed On Compromise, The FIR Cannot Continue For Others  ||  SC Holds That Prior Opportunity to See Accused Can Render Test Identification Proceeding Unreliable  ||  Allahabad HC: Employees of Constituent Institutions are not Entitled to Central University Benefits  ||  Calcutta High Court: Juvenile Accused Eligible to Apply for Anticipatory Bail under Section 438 CrPC  ||  J&K & L HC: Departmental Proceedings Not Halted by Pending Criminal Case Without Showing Prejudice    

Cabinet approves National Mineral Exploration Policy - (29 Jun 2016)

MANU/PIBU/0510/2016

Mines and Minerals

The Union Cabinet approved the National Mineral Exploration Policy to encourage participation of the private sector.

Under the policy, the Ministry of Mines will auction exploration blocks to private sector entities. It will be done on a revenue sharing basis, in hopes that exploration will yield auction-able resources. Alternatively, failure to find resources will mean part reimbursement of costs by the government.

A National Geoscientific Data Repository will be set up collate all baseline and mineral exploration information generated by various government agencies and mineral concession holders in a geospatial database. The data will be placed in the public domain and will be available free of charge.

The Geological Survey of India already provides a wealth of geological maps for public consumption, however, many of the maps published are decades old.

Tags : NATIONAL MINERAL EXPLORATION POLICY   MINING   DATABASE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved