Q. As per the recent amendments made in Minerals Concession Rules, 2021, what percent of mineral produced from captive mines can be sold?
Answer:
50
Notes: The Mines ministry has notified the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession (Fourth Amendment) Rules, 2021
Under the new mechanism, 50 per cent of mineral produced from the captive mines can be sold. It also facilitates transfer of mines without any charges and partial surrender of a lease. Minimum area for grant of mining lease has been revised from 5 ha. (hectares) to 4 ha.