https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Ministry of Coal Amendst Existing Rule Allowing Coal PSUs To Lease Land To Commercial Miners

The change in policy guidelines is expected to lead the way for faster operationalisation of coal blocks auctioned for commercial coal mining
Indian Masterminds Stories

The Ministry of Coal has recently amended the guidelines for coal PSUs to allow them to lease parcels of land and grant mining rights to commercial coal miners in case the area of the coal block secured by the latter under the commercial coal mining regime overlaps with land whose ownership rests with these Central Public Sector Enterprises (CPSEs).

An official statement from the Coal Ministry read, “Ministry of Coal has found that several coal mines/blocks which have been allocated by Ministry of Coal are under allocation overlaps with lands acquired and vested in government companies… Since the ownership over such overlapping lands acquired under the CBA/CMN Act cannot be transferred or vested to private allocatees of coal mines/blocks, it creates an impediment for the private allocatees to undertake mining operations.

The change in policy guidelines is expected to lead the way for faster operationalisation of coal blocks auctioned for commercial coal mining. The new amendment ensures that the ownership of such parcels of land rests with coal PSUs while they also get revenue.

According to the new guidelines, a commercial coal miner who acquires surface rights and mining leases from a coal PSU for such land will pay rent for the surface lease to the PSU at the rate of Rs 1,000 per hectare of land per annum. They will also pay the cost of land acquisition, cost of rehabilitation and resettlement, cost of employment against land, other incidental or ancillary costs/expenses etc borne by the coal PSU at the present market rate.

Speaking on the matter, the incumbent Additional Coal Secretary, Mr. M Nagaraju (1993-batch IAS officer) said, “The amendment in the policy guidelines will help operationalise commercial coal mines quickly. It will remove difficulties faced by successful bidders. And coal PSUs will also get revenue.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Coconut
Gujarat Emerges as a Leading Coconut-Producing State with Over 26 Crore Units This Year, State-backed Programs Making Difference
Bihar Road
Bihar Secures Rs 675 Crore CRIF Approval for Road Projects Across Eight Districts, Centre & State Govt Collaborate To Develop Infra
Pushkar Singh Dhami CM
CM Pushkar Dhami Highlights Role of Women in Uttarakhand’s Decade of Progress, Highlights Improvement in Maternal Mortality Rate
Uttarakhand news
Uttarakhand CM Pushkar Singh Dhami Launches Key Educational & Infrastructure Projects, New Teachers To Be Appointed For Tribal Schools
National Mobility Summit 2025,
Gujarat Organizes National Mobility Summit 2025, Showcasing Green and Smart Transport- Key Details Inside
Chhattisgarh News
Chhattisgarh CM Vishnu Sai Inaugurates Rs 66.84 Crore Development Projects in Kharsia, Railway Overbridge To Be Constructed To Ease Traffic
Jharkhand News
Jharkhand to Establish Tourism Authority for Better Civic Amenities at Major Destinations, Rural Economy Boost Anticipated
Passing out Parade Gaya
Passing Out Parade at OTA Gaya, Commissions 207 New Officers into Indian Army
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
WhatsApp Image 2025-08-25 at 13.56
Operation Hunt: IPS Dr. Karanraj Vaghela’s Mission to Nab Valsad’s Most Wanted
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Coconut
Gujarat Emerges as a Leading Coconut-Producing State with Over 26 Crore Units This Year, State-backed Programs Making Difference
Bihar Road
Bihar Secures Rs 675 Crore CRIF Approval for Road Projects Across Eight Districts, Centre & State Govt Collaborate To Develop Infra
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
WhatsApp Image 2025-08-25 at 13.56
ADVERTISEMENT
ADVERTISEMENT