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.
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.