JSB Market Research: Indias Mining Fiscal Regime: H1 2014

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JSB Market Research Indias Mining Fiscal Regime
H1 2014 
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Summary

• The mining industry in India is governed
  by Ministry of Mines, Indian Bureau of Mines
  (IBM) and Geological Survey of India (GSI). The
  Mines and Minerals (Development and Regulation)
  Act 1957, (MMDR) as amended up to May 10, 2012
  and the Mines Act 1952, together with the rules
  and regulations framed under them, constitute the
  basic laws governing the mining sector in India.
  The Union Cabinet approved the proposal to
  introduce the MMDR Bill 2011, which would
  eventually replace the 1957 Act once passed by
  parliament.

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Key Highlights

• The mining industry in India is governed by
  Ministry of Mines, Indian Bureau of Mines (IBM)
  and Geological Survey of India (GSI).
• The Central and the state governments are
  responsible for managing the mineral resources in
  India.
• The Ministry of Coal is an authorized body and
  oversees the administration and development
  policies and strategies, non-coking coal, lignite
  deposits and mining operations in India. It also
  supervises production, demand, supply,
  distribution and price-related matters for coal.
  The ministry is also in charge of the
  administration of the Coal Mines Provident Fund
  Organization (CMPFO) and Coal Mines Welfare
  Organization (CMWO).
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  -Indias-Mining-Fiscal-Regime-H1-2014-112972

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Indias Mining Fiscal Regime
The Indian Mining Industry Governing Bodies
The Indian Mining Industry Governing Laws
The Indian Mining Industry Rights and Obligations
The Indian Mining Industry Mining Ownership and
Licenses
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