New mines bill to be brought in next Lok Sabha session

Update: 2014-09-19 22:22 GMT
Indian Steel and Mines minister Narendra Singh Tomar on Thursday said the Narendra Modi-led government is making all efforts to introduce a new mines bill in the next Lok Sabha session and bring out guidelines to remove bottlenecks in the mining sector in a week’s time. ‘We are making all our efforts to bring the new bill in next Lok Sabha session’.

The government has completed much of the work in drafting guidelines and it would be finished in a week’s time. ‘The work on preparing guidelines will be completed in a week’s time,’ he said.

Tomar said the government is holding talks with all stakeholders and discussing the issues with chief ministers and other officials of the states to come out with the new bill.‘The bill will serve the purpose of evolving a transparent and efficient system of allocation of leases, along with a robust regulatory framework that best serves India’s interests,’ he said, addressing an international convention at the Bangalore International Exhibition Centre.

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