The Ministry of Mines is auctioning 19 new critical mineral blocks, expanding India's strategic resource base for clean energy and advanced technologies. This move is crucial for exam aspirants as it highlights a key government initiative in economic and strategic governance, directly relevant to GS-III topics.
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- ›Total Blocks Auctioned (Previous Tranches): 46 blocks
- ›Blocks Offered (7th Tranche): 19 blocks
- ›Target this Data: 46 blocks auctioned in previous tranches; 19 blocks offered in 7th tranche.
- ›Target this Nodal Body: Union Ministry of Mines.
- ›Target this Process: Two-stage ascending auction based on 'highest percentage of value of mineral dispatched quoted'.
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