A Bill to consolidate and amend the law relating to the scientific development and regulation of mines and minerals under the control of the Union. This Act may be called the Mines and Minerals (Development and Regulation) Act, 2011.
Minerals are finite and non-renewable valuable natural resources being the basic raw material for infrastructure, capital goods and various other industries. The history of the mineral extraction in India dates back to the Harappan Civilization.
The draft Act starts with a declaration that it is expedient in the public interest that the Union (i.e. Central Government) should take under its control the regulation of mines and mineral development to the extent provided in the Act