Mining sector -- unburdening the legacy issues -Richa Mishra
-The Hindu Business Line
The government plans to bring in structural reforms in this crucial sector. But the devil lies in the detail
India has huge mineral deposits, but the country’s mining sector is still suffering from legacy issues. Making a fresh attempt for a course correction, the Union Cabinet recently approved a blueprint to usher in reforms in the mining sector.
This blueprint, which will be presented in the coming Parliament session, proposes to amend the Mines and Mineral (Development and Regulation) Act, 1957, clarifying doubts on double taxation, rationalising stamp duty and developing the National Mineral Index, among others.
Please click here to read more.
The Hindu Business Line, 22 January, 2021, https://www.thehindubusinessline.com/opinion/mining-sector-unburdening-the-legacy-issues/article33637030.ece?homepage=true