Parliament Approves Mines and Minerals Amendment Bill

IO_AdminAfrica3 hours ago4 Views

Rapid Summary

  • Bill Passed: Parliament passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2025, aimed at modernizing India’s mineral sector with a focus on critical and strategic minerals.
  • Legislative Process: passed by Lok sabha on August 12; cleared by Rajya Sabha through a voice vote. 19 members participated in the debate.
  • Key Changes:

– Renaming National Mineral Exploration Trust to the National Mineral Exploration and Development Trust.
– Expanded mandate to fund exploration domestically as well as internationally.

  • focus areas:

– Enhancing domestic critical mineral production while exploring overseas markets to reduce import dependency.
– Balancing development with environmental sustainability and ensuring community participation in mining areas.

  • Union Minister’s Statement: G Kishan Reddy emphasized revolutionary reforms in India’s coal and mine sectors under Prime Minister Narendra Modi’s government over the last decade.

Indian Opinion Analysis

The passing of the Mines and Minerals (Development and Regulation) Amendment Bill, 2025 reflects India’s strategic push toward enhancing its mineral sector amidst increasing demand for critical minerals. By focusing both on boosting domestic capabilities and securing global sources, this legislation aligns with national priorities-bolstering economic security while addressing sustainability concerns.

Notably, the Bill introduces measures like expanding exploration into international markets, reflecting India’s intent to reduce dependency on imports for essential resources such as rare-earth elements. Furthermore, renaming the trust underscores an emphasis on both exploration innovation and infrastructure development.While constructive suggestions from MPs signal inclusive debate during legislative sessions, execution of these ambitious goals will determine how effectively India leverages its mining potential for long-term growth without compromising ecological balance or community welfare.

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!proceeding of Rajya Sabha during monsoon Session.

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