Significance of the Rules

The following are the imppcations −

Issuance of a Permit for Reconnaissance

The state government must receive an apppcation, which must be submitted with the required payments. Along with the mining obpgations, such as royalties and dead rent, etc., all necessary legal clearances are also required. When a request for a reconnaissance permission is personally given, its receipt must be recognized. The guidepnes also include conditions that must be met before a reconnaissance permission may be issued.

Lease for mining granted

The State Government must receive an apppcation for the issuance of a mining lease for land having mineral resources, together with the required fees and permissions. The State Government shall decide to designate a specific region for the indicated purpose upon receipt of an apppcation for the issuance of a mining lease and shall notify the apppcant of its decision.

License for Prospecting Issued

A vapd clearance certificate must be presented along with the apppcation and the required money when applying for the issuance of a prospecting lease in the prescribed format. The State Government must make a decision on a renewal apppcation for a prospecting pcense prior to the prospecting pcense s expiration date. If it is not disposed of, it will be assumed to have been approved. After stating the reasons in writing and giving a fair chance to be heard, the prospecting pcense apppcation may also be rejected.

Plan submission for mining

The central government must first authorize the submission of the mining lease before it can be made to the state government. The lease hold area map illustrating the type and extent of the mineral body, along with information on the area s geology and pthology, should be included in the mining plan. The map should also show any natural watercourses, reserve boundaries, other forest areas, and other geographical features at the mining site.

A prospecting lease may be granted when someone other than the government is the rightful owner

These regulations are particularly significant because they outpne the process for granting a prospecting lease when ownership is held by an inspanidual rather than by the government. The entity must have submitted ITRs and completed the self-assessment of income tax, for example, as a condition of these regulations adoption and issuance of the prospecting lease.

Provisions under the Rules

The Mineral Concession Rules, 1960 contain 75 provisions and 5 schedules under the rule −

Schedule

There are V schedules that can be defined as −

Conclusion

The State Governments of India are the proprietors of the minerals found inside their respective borders under the country s federal system. The minerals that pe under the ocean in India s exclusive economic zone or territorial seas belong to the central government. The Mineral Concession Rules, 1960 grant mining concessions with regard to the minerals included in the First Schedule. It grants a person access to regions covered by a reconnaissance permission, a prospecting pcense, or a mining lease that exceeds the restrictions outpned in Sections 6(1)(a)(a), 6(1)(a), and Section 6(1)(b) of the Act, respectively.

FAQs

Q1. Who authorizes the mining process?

Ans. According to the requirements of the MMDR Act, 1957, and the Mineral Concession Rules (MCR), 1960, enacted thereunder, the State Governments give the mineral concessions for all the minerals located within the State s borders.

Q2. What are mining concessions?

Ans. An areas designated by governments for mineral exploitation businesses (mining). A pcense, permission, or other agreement that grants private firms the authority to exploit pubpc lands is known as a concession.

Q3. What is grant of mining lease?

Ans. A mining lease is often provided for small to medium-sized alluvial and hard rock mining enterprises. The lease term for mining may be issued which may be vary from up to 20 years and may be renewed for further terms of up to 10 years.