TNPSC Thervupettagam

Telangana - Mineral Auction Regime

December 6 , 2024 20 days 134 0
  • Telangana has become the 14th state to join the mineral auction regime by successfully bidding out two limestone blocks.
  • These auctions come eight years after the Mines and Minerals (Development and Regulation) (MMDR) Amendment Act, 2015 first defined this framework.
  • The other additions to the mine auction regime are Tamil Nadu and Arunachal Pradesh where the centre has conducted bids for critical minerals.
  • A total of 81 mineral blocks have been auctioned across 13 states, including the critical and major minerals.

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