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India's Mining Fiscal Regime 2020

India's Mining Fiscal Regime 2020

Summary

GlobalData's "India's Mining Fiscal Regime 2020" report outlines the governing bodies, governing laws, various mining licensing fees, taxes and royalty related information segregated in India.

The country's mining industry is governed by the Ministry of Mines, Ministry of Environment, Forests and Climate Change (MoEFCC), the Indian Bureau of Mines (IBM) and the Geological Survey of India (GSI). Each governing and regulatory body normally has attached offices, administrative departments, subordinate offices, and public sector undertakings to assist. These government bodies ensure effective administration and regulation of laws pertaining to mines and minerals in India. In March 2019, the Indian government introduced a new National Mineral Policy that replaced the previous 2018 policy.

The new policy will ensure more effective regulations, and will lead to the sustainable development of the mining sector. Subsequently, in January 2020, the Indian government eased mining laws, thereby opening doors for private companies in coal sector.

Scope

- The report outlines the governing bodies, governing laws, various mineral licenses and fees by state and territory

Reasons to Buy

- Enhance your decision making capability in a more rapid and time sensitive manner
- Find out India's governing bodies, major laws in the industry
- Identify various mineral licenses and fees
- To gain an overview of India's mining fiscal regime
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India's Mining Fiscal Regime 2020
Published By :GlobalData
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