Amendment in part b of the 1st schedule to the mmdr act, 1957. Pdf national mineral policy and its impact on indian mineral sector. Department of justice, ministry of law and justice, is responsible for the administrative functions in relation to the appointment of various judges at various courts in india, maintenance and revision of the conditions and rules of service of the judges and other related areas. The amendment will allow transfer of captive mining leases not granted through auction.
Short title, extent and commencement 1this act may be called the mines act, 1952. Mines and minerals development and regulationamendment act, 2016. Although most persons who become infected with influenza viruses will recover without sequelae, influenza can cause serious illness and death, particularly among older adults, very young children, pregnant women, and those with chronic medical conditions. The mines and minerals development and regulation act, 1957, regulates the mining industry in india and specifies the requirement for obtaining and granting mining leases for mining operations. Short title, extent and commencement1 this act may be. This act forms the basic framework of mining regulation in india.
The mines and minerals development and regulation mmdr act 1957. It was passed in the lok sabha on 3 march 2015 and in the rajya sabha on 20 march 2015. Mines and minerals development and regulationamendment act. The key features of mines and minerals development and regulation act, 1957 are given in the annexure. Section 215 in the mines and minerals development and regulation act, 1957 5 whenever any person raises, without any lawful authority, any mineral from any land, the state government may recover from such person the mineral so raised, or, where such mineral has. According to the mines and mineral development and regulation mmdr bill, 2011, what percent of their net profits for a mineral development fund to be used for. A maharatna company net profit to net worth 45 42 40 37 37 35 36 36 34 33 percent 30 25 20 15 10 5 0 200910 201011 2011 12 2012 2014 201415 201516 year ratios salesnet to capital employed 2 1. Be it enacted by parliament in the sixtysecond year of the republic of india as follows. Important current affairs mar, 2020, read and download as pdf. An act to provide for the 1development and regulation of mines and minerals under the control of the union.
Mines and minerals development and regulation act wikipedia. Influenza viruses typically circulate widely in the united states annually, from the late fall through early spring. Important changes proposed in mmdr2010 free download as powerpoint presentation. Branch name, letter document no, year, subject, date, download. The 4 minerals are defined as notified minerals and their end use is specified by the central government under the newly released mineral auction rules. The dispute in this appeal relates to valuation under the customs act, 1962 of import of certain items made by the respondent steel authority of india ltd. Mines and mineral development and regulation mmdr amendment. Court in this case was aware and conscious of illegal and indiscriminate mining for which it did not interfere with state governments order suspending said mining leases.
The act was amended by the mines and minerals development and regulation amendment act, 2015 replacing the ordinance promulgated on 12 january 2015. The court never intended renewal of said mining leases but. The act specifies the requirement for obtaining and granting mining leases for minerals and streamlines a number of provisions related to this. Minerals development and regulation act, 1957 67 of 1957, the central government hereby notifies the central mine planning and design institute limited for the purposes of the second proviso to subsection 1 of section 4 of the said act. Jul 03, 2014 for example, the draft mines and minerals development and regulation mmdr bill 2011 which, if approved by parliament, will replace mmdr act 1957 as the countrys main mining law contains a number of provisions seeking to create new institutional mechanisms for addressing the problem of illegal mining. Part i general 1 evidence may be given of facts in issue and relevant facts.
The bill mandates the issue of a non transferable share to affected persons. Feb 12, 2019 mmdr act 1957 pdf the injectors are opened once for every revolution of the engine, injecting half the required fuel each time. The bill had been passed by the lok sabha on march 20th which replaced the ordinance and the new mmdr amendment act, 2015 would be considered effective from january 2015. For example, the draft mines and minerals development and regulation mmdr bill 2011 which, if approved by parliament, will replace mmdr act 1957 as the countrys main mining law contains a number of provisions seeking to create new institutional mechanisms for addressing the problem of illegal mining. Important changes proposed in mmdr2010 ad valorem tax taxes. Mines and minerals development and regulation act, 1957 no. This could put pressure on state government finances.
Download as pptx, pdf, txt or read online from scribd. Power of central government to amend first schedule and fourth schedule. Accordingly, bauxite, iron ore and limestone can only be. The mines and mineral development and regulation amendment act, 2015 was passed by parliament during the recently concluded budget session. Final key with detailed solutions upsc civil services preliminary exam 2019 paper 1 upsc civil services prelims examination set d answer key 1. Registers of prospecting licences and mining leases. Medical device user fee small business qualification fda. Be it enacted by parliament in the eighth year of the republic of india as follows. As per entry 54 of list i union list of the seventh schedule, the central government has powers for regulation of mines and mineral development to the. The amendment was proposed to bring transparency to the allocation of mining licence process by auctions. Mines and minerals development and regulation act 1957. Mmdr act amendments latest breaking news, pictures, videos, and special reports from the economic times. Be it enacted by parliament in the eighth year of the republic of india as follows chapter i preliminary 1.
Page 4 of 12 a brief outline of the companys csr policy, including overview of projects or programs proposed to be undertaken and a reference to the weblink to the csr policy and projects or programs. Provided that central mine planning and design institute limited shall make over the data generated. Government is examining the need for amendments to mmdr act, 1957, in consultation with stakeholders. The amendment adds a new schedule to the mmdr act, 1957, which includes bauxite, iron ore, limestone and manganese ore. Generally, an ebook can be downloaded in five minutes or less. The companies act, 1956 does not permit the issuance of nontransferable shares. The mines and minerals development and regulation bill, 2011. An act to provide for the 1 development and regulation of mines and minerals under the control of the union. May 05, 2015 the act specifies the requirement for obtaining and granting mining leases for minerals and streamlines a number of provisions related to this. Average net profit of the company for last three financial years. Final key with detailed solutions upsc civil services. Draft mines and minerals development and regulation bill, 2011 approved by cabinet on 30 th september 2011 the mines and minerals development and regulation bill, 2011 a bill to consolidate and amend the law relating to the scientific development and regulation of mines and minerals under the control of the union. An ordinance promulgated for amendment of mmdr act and cmsp act 2.
Eliminating such minerals from the atomic minerals list of the mmdr act, 2015 has the potential to create about 5 lakh jobs along with usd 1. Prescribed csr expenditure 2% of the amount of the net profit for the last 3. Ilmenite, rutile, leucoxene and zircon can be used in ceramics and hitech applications. Web to pdf convert any web pages to highquality pdf files while retaining page layout, images, text and.
Mom through its attached office, geological survey of india gsi facilitates exploration, geological mapping and mineral resource assessment in the country. Pdf against the backdrop of the recent mines and minerals development and regulation mmdr amendment bill 2015, this paper examines the political. Even though some practice tests are old dating as far back as 2005, the format of the act hasnt changed much since then except for the introduction of a redesigned writing section in 2015, so youre basically still taking the same. National mineral policy and its impact on indian mineral sector. With reference to asian infrastructure investment bank aiib, consider the following statements. Important note for submitters of prefy2019 small business. Be it enacted by parliament in the sixty fifth year of the republic of india as follows. The central government is seeking to amend the mmdr act to. The mines and minerals regulation and development act 1957 is an act of the parliament.
It details the process and conditions for acquiring a mining or. Pdf national mineral policy and its impact on indian. Realizing the shortcomings in the existing mines and minerals development and regulation act, 1957 referred 11 to as mmdr act as to allocation of natural resources having direct relevance to the grant of mineral concessions, resulting in multiple litigation and experiencing the counter productive effect thereof, and the decisions in centre for public interest. The policy recognizes that corporate social responsibility is not merely compliance. Disclosure of progressive mine closure plan of mining to panchayats mandatory at the outset of mining and every five year period section 324.
Important changes proposed in mmdr2010 ad valorem tax. Scribd is the worlds largest social reading and publishing site. Lease, amendment in part b of the 1st schedule to the mmdr act, 1957, 2016, amendment. Important current affairs mar, 2020, read and download. Watch live classes, take online mock tests, read study material, free questions practice, exam notifications, videos, previous years papers and more. Mines and minerals development and regulation amendment act, 2015 pdf. Mmdr act amendments blogs, comments and archive news on. Lease, mineral conservation and development amendment rules 2011. Any gap in the minimum compensation to be paid to affected families by the dmf is to be covered by the state government. Section 215 in the mines and minerals development and. Jun 09, 2019 final key with detailed solutions upsc civil services preliminary exam 2019 paper 1 upsc civil services prelims examination set d answer key 1. 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. Draft mines and minerals development and regulation bill.
Indian bureau of mines ibm, a subordinate office of. Pdf india has a vast economic potential in the mineral sector owing to its significant and diverse. Under the mines and minerals development and regulation act. This act is applicable to all mineral except minor minerals and atomic minerals. Prevention and control of seasonal influenza with vaccines. Regulation amendment bill, 2014 a bill further to amend the mines and minerals development and regulation act, 1957. Further, the order states that the state government has taken a policy decision to process renewal applications in terms of provisions under section 83 of mmdr act and has accordingly started.
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