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Captive mining upsc

WebApr 10, 2024 · 2. It monitors progress of development of Captive Coal/Lignite blocks. 3. It hears any objection to the Government's notification relating to acquisition of coal-bearing areas. 4. It ensures that coal mining companies deliver the coal to end users in the prescribed time. Select the correct answer using the code given below: WebAnswer (1 of 6): Let's try to understand this with NTPC context. NTPC use coal for its thermal power projects to produce electricity. NTPC has contracts with many companies …

COMMERCIAL MINING OF COAL - Press Information Bureau

WebMay 4, 2024 · There is welcome policy overhaul in the pipeline in the minerals economy. The ministry of mines has reportedly proposed doing away with the concept of captive … WebJan 13, 2024 · The Centre plans to compensate for the mineral concessions which would get cancelled under this amendment. The Union Cabinet is learnt to have approved a reform package for the mineral mining sector which would entail amendments to three existing laws, pricing formula for minerals, exploration of mines and several taxes and duties … hayti hair store https://vindawopproductions.com

Policy Watch: Commercial Mining of Coal - INSIGHTSIAS

WebApr 26, 2024 · So, eventually, to meet the shortage, captive mining was allowed for power plants, steel plants and cement plants. The allocation of captive mines became a source of rent-seeking for the Neta-Babu ... WebMar 24, 2024 · The bill allows the leaseholders of captive mines to sell upto 50% of their ore into the open market. There is one caveat; additional charges will have to be paid to the government by the lessee for selling minerals in the open market. The 50% cap is flexible, the government can go above the cap if necessary. Transfer of Statutory Permissions ... WebDec 18, 2015 · Diploma in mining and mine surveying is added in qualification for full-time Mining Engineer. UPSC 2024 countdown has begun! Get your personal guidance plan … botw tona

Policy Watch: Commercial Mining of Coal - INSIGHTSIAS

Category:Boost to production and pvt investment as mining reforms get …

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Captive mining upsc

Policy Watch: Commercial Mining of Coal - INSIGHTSIAS

WebMar 4, 2024 · Options of captive mining were given in the past. Captive coal mining means the coal is taken out by a company ... InsightsIAS has redefined, revolutionised … WebThe Bill removes the distinction between captive and non-captive mines. It provides that no mine will be reserved for particular end-use. All mines will now be able to sell their extra …

Captive mining upsc

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WebJun 13, 2024 · The Parliament recently passed the Mineral Laws (Amendment) Bill, 2024. The mining sector in India has been going under a face change since last year as the government took a series of actions regarding the mining sector. In the fourth tranche of the Atmanirbhar economic package, the Finance Minister spelled out reforms in the Mining … WebMines and Minerals Development and Regulation Amendment Act 2024- UPSC Notes:- Download PDF Here. Aspirants should begin their preparation by solving UPSC Previous …

WebMar 12, 2024 · Recently, the Union Cabinet has approved a proposal to amend the Second Schedule to the MMDR (Mines and Minerals Development and Regulation) Act to specify … WebMar 13, 2024 · The way ahead is to scrap compulsory captive mining, which discourages scale economies. The policy forces non-specialists, say, metal producers, to foray into a …

WebCaptive Mines: Captive mines are the mines that are owned by companies. The coal or mineral produced from these mines is for the exclusive use of the owner company of the … WebMar 23, 2024 · Variety of benefits: The relaxation of mining restriction on Captive mines and the transfer of statutory clearances have few significant advantages, like, ...

WebTertiary coal: It is of younger age. It was formed from 15 to 60 million years ago. Lignite: It is the lowest grade coal with the least carbon content. It carries 40 to 55% carbon content. It is found in the regions of Rajasthan, Tamil Nadu, and Jammu & Kashmir. Peat: It has less than 40% carbon content.

WebMar 20, 2024 · MMDRA (Amendment) Act, 2015. Center can increase the area limits for mining, instead of providing additional leases.; The Bill creates a new category of mining license i.e. the prospecting license-cum-mining lease.The state govt shall grant prospecting license-cum-mining leases for both notified and other minerals.Prospecting license-cum … botw tingle outfit locationsWebJun 21, 2024 · About: The Mines and Minerals (Regulation and Development) Act (1957) is an Act of the Parliament of India enacted to regulate the mining sector in India. It was … botw tips for beginnersWebCommercial Mining of Coal4 coal mining leases was finalised and approved by the government in February 2024. Since Coal India Limited’s production is unable to meet the demand of non-captive industry requirement of coal, there has been a surge in import of coal. To meet this demand and to create a market botw tier listWebOct 13, 2024 · Initially a list of 143 coal blocks was prepared, later inflated to 216. At that time there were no concrete guidelines for allocation of blocks as coal mining was largely restricted to PSUs and many geographic locations were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003. hayti herald newspaperWebApr 10, 2024 · 2. It monitors progress of development of Captive Coal/Lignite blocks. 3. It hears any objection to the Government's notification relating to acquisition of coal … botw toh yahsa shrineWebApr 10, 2024 · As per the new mining law — Mines and Minerals (Development and Regulation) Amendment Act, 2015 — which came into effect from January 2015, the non-coal mines have to be auctioned by the respective state governments. ... UPSC Civil Services Phase III Interview Schedule out for 2024 cycle! The interview is scheduled … botw thunderblight ganon battle walkthroughWebNov 3, 2024 · Tata Steel, JSW Steel and others having captive non-coal, non-fuel mines are now eligible to sell 50% of their annual production in the open market, a move that will improve the availability of ... hayti heights mo zip code