What was the objective of the first mineral related law enacted after independence in india?
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Answer: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 amended in 2015 and 2016. This act forms the basic framework of mining regulation in India.
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The mineral policy came into act in 1993 at a full-fledged way to develop India at mining sector.
Mining is the second most wealth fetched resource of India.
In order to bring growth, to be cable to fight the upcoming challenges of economy and develop the countries per capita income all this rules and regulations were introduced.
This helped in regulating the mineral outsourcing and excess wastage also.
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