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News 16 of 20

Mines Ministry Auctions 19 Blocks in 7th Tranche for Critical Minerals Under Two-Stage Ascending Process

Target:UPSC GS-IIIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
22 Mar 2026
~2 min
Source: The Hindu
Key Data:46 blocks auctioned19 blocks offeredMarch 23, 2026
Bodies:Ministry of Mines
Practice MCQs from today's news ▸
What This Article Covers

1.The Ministry of Mines launches its 7th tranche of auctions for critical and strategic mineral blocks on March 23, 2026.

2.This tranche offers 19 blocks under mining lease and composite licenses across several states.

3.The auction uses a two-stage ascending process, awarding blocks based on the highest percentage of mineral value dispatched.

The Big Picture
Prelims · HighMains · Medium

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.

Exam Lens

Quick Exam Facts From News

Total Blocks Auctioned (Previous Tranches)46 blocks
Blocks Offered (7th Tranche)19 blocks
Launch Date (7th Tranche)March 23, 2026
Auction ProcessTwo-stage ascending auction
Bid Selection CriteriaHighest percentage of value of mineral dispatched quoted

1-Minute Revision

  • ›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'.

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which ministry is responsible for the auction of critical and strategic mineral blocks in India?

Q2Statement-basedHard

Consider the following statements regarding the 7th tranche of critical mineral auctions:

1. It offers 19 blocks across several states.

2. The auction follows a single-stage process based on the highest monetary bid.

3. As of now, 46 blocks have been auctioned across six previous tranches.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the news, how many blocks of critical and strategic minerals had been auctioned by the Mines Ministry before the launch of the 7th tranche?

Q4Application/ImpactMedium

What is the primary objective behind the government's auction of critical and strategic mineral blocks?

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