state remedies to preserve the minerals
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removing discretion in grant of mineral concessions, as mineral concessions will now be granted through auction by competitive bidding;
(ii) allowing opening of mines which were closed due to pendency of decision on applications for second or subsequent renewal through extension of validity of lease period of the existing leases;
(iii) providing security of tenure of mining lease period with a uniform lease period of 50 years;
(iv) simplification of procedure, and removal of delay by eliminating requirement of prior approval of Central Government for grant of mining lease through auction;
(v) establishment of National Mineral Exploration Trust, a dedicated fund to encourage exploration to augment mineral resources;
(vi) allowing easy transferability of mineral concessions granted through auction, which would facilitate investments into the mining sector;
(vii) establishment of District Mineral Foundation, which will work for the interest and benefit of persons, and areas, affected by mining related operations.
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(ii) allowing opening of mines which were closed due to pendency of decision on applications for second or subsequent renewal through extension of validity of lease period of the existing leases;
(iii) providing security of tenure of mining lease period with a uniform lease period of 50 years;
(iv) simplification of procedure, and removal of delay by eliminating requirement of prior approval of Central Government for grant of mining lease through auction;
(v) establishment of National Mineral Exploration Trust, a dedicated fund to encourage exploration to augment mineral resources;
(vi) allowing easy transferability of mineral concessions granted through auction, which would facilitate investments into the mining sector;
(vii) establishment of District Mineral Foundation, which will work for the interest and benefit of persons, and areas, affected by mining related operations.
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Ashmita28:
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