In a bid to introduce competitive bidding for allocation of coal blocks and benefit consuming industries, the government will soon replace the Mines and Minerals Development Regulation Act. In which year this act was enacted?
Q. In a bid to introduce competitive bidding for allocation of coal blocks and benefit consuming industries, the government will soon replace the Mines and Minerals Development Regulation Act. In which year this act was enacted?
Answer: 1957
Notes: The Mines and Minerals (Regulation and Development) Act was enacted in the Parliament in 1957. The legislation forms the basic framework for mining regulation in India. It deals with the process of acquiring a mining license in India.