Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

Gati Shakti to help speed up auction of critical minerals

Mint Mumbai

|

September 16, 2023

States allowed to access their own records or data from PM Gati Shakti to demarcate zones

- Subhash Narayan

Gati Shakti to help speed up auction of critical minerals

The central government has expedited the auctioning of vital minerals like lithium to the private sector by authorizing states to use their own records as well as the online resources of PM Gati Shakti National Master Plan for demarcating mining areas.

Around 90 mining blocks, comprising minerals such as lithium, cobalt, copper, nickel, titanium, phosphorus, gold and silver, are set to be auctioned by the Centre by the end of the year.

The revised land demarcation and classification rules are also expected to streamline the identification of well-defined mining zones, which will further facilitate the auction process.

“Through the amendment made on 1 September 2023, in the Mineral (Auction) Rules, 2015, it is provided that where details of the land is available on the PM Gati Shakti-National Master Plan for Multi-modal Connectivity platform or land record portal of state governments or other government authority, the state government may use such details for classification of land," a mines ministry spokesperson said in a reply to Mint’s queries.

“It will help in expediting the process of land demarcation and classification, and preparing blocks for auctions faster, as searching offline records takes considerable time."

MÁS HISTORIAS DE Mint Mumbai

Mint Mumbai

These firms will sell shovels during semaglutide gold rush

Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.

time to read

1 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

'First-gen founders take bigger investment risks'

India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.

time to read

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

time to read

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Candidates using AI? No, thanks, say IIT recruiters

As the annual placement season dawns at the Indian Institutes of Technology (IITs), colleges and recruiters are working to bar artificial intelligence (AI) tools and prevent cheating at test venues, a concern that first rose last year.

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Taxpayer base soars, but return filings lag sharply: CBDT data

India’s income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach of the tax deducted at source (TDS) system, according to latest data from the central board of direct taxes (CBDT).

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Market nears peak on dollar tailwind

Stocks jump 1.2%, but futures rollovers signal weak conviction

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

SP Eyes Tata exit to cut debt costs

Debt-laden Shapoorji Pallonji Group is banking on Tata Trusts softening the stance on its potential exit from Tata Sons to reduce its borrowing costs, two people aware of the matter said.

time to read

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

MO Alternates launches its maiden private credit fund

The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

HP to cut jobs after profit outlook miss

HP Inc.gave a profit outlook for current year that fell short of estimates and the company said it will cut 4,000 to 6,000 employees through fiscal 2028 by using more AI tools

time to read

1 mins

November 27, 2025

Mint Mumbai

Apple set to regain top smartphone maker spot after 14 yrs

Apple Inc.will retake its crown as the world’s largest smartphone maker for the first time in more than a decade, lifted by the successful debut of a new iPhone series and a rush of consumers upgrading devices, according to Counterpoint Research.

time to read

1 min

November 27, 2025

Translate

Share

-
+

Change font size