Parliament has passed a crucial amendment to the Mines and Minerals Act, 1957, which restricts states' power to levy taxes on mineral rights and mineral-bearing lands. This is a major federalism-linked economic reform that will impact state revenues and the mining sector, making it a high-priority topic for UPSC, State PSCs, and Banking exams.
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- ›Bill Name: Mines and Minerals (Development and Regulation) Amendment Bill, 2026
- ›Lok Sabha Passage Date: August 12, 2026
- ›Target this Data: Mines and Minerals (Development and Regulation) Amendment Bill, 2026 passed by Parliament on August 13, 2026.
- ›Target this Nodal Body: Ministry of Mines (GoI) is the nodal ministry for the MMDR Act.
- ›Target this Legal Point: The amendment restricts states' powers to levy taxes on mineral rights and mineral-bearing lands.
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