Lok Sabha has passed the Mineral Laws (Amendment) Bill, 2020 which aims to amend Mines and Minerals (Development and Regulation) Act, 1957 along with Coal Mines (Special Provisions) Act, 2015.
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Commercial mining will completely be open up in the coal sector by this bill. Another important feature of this bill is that it intends to remove end-use restrictions to participate in coal mine auction.
Important takeaways for all competitive exams:
- Total no of seats in Lok Sabha: 543.