India’s Mining Regulation
The mining sector’s current situation, with socially and environmentally disruptive practices making news regularly, is a powerful reminder that change is required. The proposed Mines and Minerals (Development and Regulation) Bill offers a unique chance to lay a sound basis for responsible extraction of the country’s natural resources. A series of amendments in India’s legal framework over the past two decades have opened the mining sector to private investments. It was hoped that this would support economic development in some of India’s poorest states.