LEGISLATIVE ENVIRONMENT
The Indian government is expected to put into play a new mineral policy, possibly before the end of August, aimed at a more investor-friendly alignment of exploration and development projects.
The Mines Ministry, which is the driver of the proposed policy changes, is expected to suggest amendments to the Mines, Minerals Development and Regulation Act (MMDRA) 2015 to align it with the new framework, ensuring a level playing field between investors in mineral exploration and mineral development projects.
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