{"id":2876,"date":"2024-06-13T23:59:02","date_gmt":"2024-06-13T23:59:02","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=2876"},"modified":"2024-06-13T23:59:02","modified_gmt":"2024-06-13T23:59:02","slug":"unlocking-huge-potential-of-mineral-exploration","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/unlocking-huge-potential-of-mineral-exploration\/","title":{"rendered":"Unlocking Huge Potential of Mineral Exploration"},"content":{"rendered":"<p>The Geological Survey of India has designated 100 mineral blocks with geological potential for auction. Handing over of these a hundred Reports to the State Governments will ensure non-stop grant of <a href=\"https:\/\/exam.pscnotes.com\/minerals\">Minerals<\/a> in the country and extra revenue to the State Governments by bringing greater quantities of mineral blocks under auction.<\/p>\n<p> <strong><u>About MMDR Amendment Act, 2021:<\/u><\/strong><\/p>\n<p>The 2015 MMDR Amendment Act introduced transparency in the allocation of mineral concessions in mining leases and exploration licenses.<\/p>\n<p>In this non-stop endeavour, the Mines and Minerals (Development and Regulation) Amendment Act, has been further liberalized in March 2021.<\/p>\n<p>The latest amendment is anticipated to expand <a href=\"https:\/\/exam.pscnotes.com\/employment\">EMPLOYMENT<\/a> and funding in the mining sector, enlarge the income to the States, increase production and time bound operationalization of mines,maintain the continuity of mining operations after the tenant changes, and accelerate the pace of mineral exploration and auction <a href=\"https:\/\/exam.pscnotes.com\/resources\">Resources<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Geological Survey of India has designated 100 mineral blocks with geological potential for auction. Handing over of these a hundred Reports to the State Governments will ensure non-stop grant of Minerals in the country and extra revenue to the State Governments by bringing greater quantities of mineral blocks under auction. About MMDR Amendment Act, &#8230; <a title=\"Unlocking Huge Potential of Mineral Exploration\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/unlocking-huge-potential-of-mineral-exploration\/\" aria-label=\"Read more about Unlocking Huge Potential of Mineral Exploration\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[741],"class_list":["post-2876","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-09-09-21"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Unlocking Huge Potential of Mineral Exploration - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/unlocking-huge-potential-of-mineral-exploration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unlocking Huge Potential of Mineral Exploration\" \/>\n<meta property=\"og:description\" content=\"The Geological Survey of India has designated 100 mineral blocks with geological potential for auction. Handing over of these a hundred Reports to the State Governments will ensure non-stop grant of Minerals in the country and extra revenue to the State Governments by bringing greater quantities of mineral blocks under auction. About MMDR Amendment Act, ... 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Handing over of these a hundred Reports to the State Governments will ensure non-stop grant of Minerals in the country and extra revenue to the State Governments by bringing greater quantities of mineral blocks under auction. About MMDR Amendment Act, ... 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