Which is the first Indian state to launch auction of mines?
Which is the first Indian state to launch auction of mines?
[A]West Bengal
[B]Gujarat
[C]Tamil Nadu
[D]Karnataka
Gujarat
Gujarat has become the first state in the country to start mines auction. The Gujarat government has issued a notification for auction of five limestone blocks. Gujarat government has passed the Mines and Minerals (Development and Regulation) Amendment Act, 2015 in March this year. It stipulates auction as the only means to allow extraction of iron ore and other minerals.
Originally written on
November 13, 2015
and last modified on
November 13, 2015.