Page-3 of Minerals Current Affairs, GK & News

Parliament passes Mines and Minerals Amendment Bill, 2016

Parliament has passed Mines and Minerals (Development and Regulation) Amendment Bill, 2016. The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957. The amendment Bill was first passed in the Lok Sabha in March 2016 and later in the Rajya Sabha in May 2016. Key facts Transfer of mining leases: The Bill provides ..

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India looks for Belgian investment in NMIZs

India looked for investments from Belgium in the National Manufacturing and Investments Zones (NMIZs) primarily in the area of training and research. NMIZs will be mega industrial zones with world class supporting infrastructure. The government is providing a number of incentives like exemption from capital gains tax and relaxed labor and environment norms to encourage ..

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