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actArchiveFriday, 11 August 2023

Mines and Minerals (Development and Regulation) Amendment Act, 2023

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Citations are auto-generated; verify before publishing. The act classification is PolicyDhara's, not the source's.

Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.

Summary

Amended the MMDR Act to allow private sector participation in exploration of critical and strategic minerals including lithium, cobalt, and rare earth elements. Introduced auction of exploration licences for deep-seated minerals.

Key Facts

TypeAct
SourceHistorical Record
PublishedFriday, 11 August 2023
Affected Population1.4 billion consumers, 300 million without reliable power

Key Numbers

500 GW non-fossil fuel capacity target by 2030
Saubhagya: 100% household electrification
175 GW renewable energy installed (2025)
R&D spending: 0.7% of GDP

Key Authorities

Ministry of PowerMinistry of New & Renewable EnergyCEAMinistry of Science & TechnologyDST

Key Stakeholders

Power ConsumersDISCOMsCoal IndustryResearchersR&D InstitutionsStartups

Government Context

NDA IIBJP-led NDA
Right
LeftCentreRight

Amendment History

1 change recorded for this policy.

TypeSunday, 19 July 2026via historical
policy
act

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