A clutch of proposals to reform the rules governing non-coal minerals will likely come under the consideration of the Cabinet soon.
According to a draft Cabinet note prepared by the mines ministry, introduction of mining licences that offers with certainty tenure, ranging from the exploration to production stages, and removal of the distinction between captive and non-captive mines will be among the salient features of the new regime. The changes will also pave the way for re-auction of some 500 odd leases that are embroiled in legal disputes and legacy issues.
