Cabinet approves royalty rates for mining of 12 critical minerals

Feb 29, 2024

The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its nod for the amendment of the Second Schedule to the Mines and...

Government cuts oil and gas royalty rates to spur upstream investments: CLSA

May 12, 2026

The Centre's decision to cut royalty rates on crude oil and natural gas production is aimed at encouraging upstream exploration and production activity in...

Rationalisation of royalty rates and auction of critical minerals blocks among top initiatives in FY2024-25: Mines Ministry

Dec 28, 2024

The Centre has brought amendments to rationalise the royalty rates and successfully auctioned 24 critical mineral blocks in four tranches, an effort to drive...

Rationalization of royalty under ORD Act marks new era for Oil & Gas regimes: Hardeep Singh Puri

May 12, 2026

Highlighting the need to remove long-standing inconsistencies across regimes and to ensure a stable framework for India's upstream sector, the government has rationalized royalty...

BJD demands special category status for Odisha, revision of coal royalty

Jun 29, 2024

BJD Vice President and Senior MLA Prasanna Acharya on Saturday urged Chief Minister Mohan Charan Majhi to prioritize two key issues concerning Odisha -...

Royalty reform of cabinet needs to be supplemented by setting up of domestic processing units: GTRI

Nov 13, 2025

The Union Cabinet's decision to amend royalty rates for key critical minerals may help attract more bidders in upcoming auctions, but the move will...