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The MMDR Act allows captive miners of both coal and other minerals to sell up to which per cent of their production?

Daily Current Affairs Quiz 21 March 2021

The MMDR Act allows captive miners of both coal and other minerals to sell up to which per cent of their production?

A. 40%

B. 50%

C. 60%

D. 70%

Explanation:

The Lok Sabha passed a Bill to amend the Mines and Mineral (Development and Regulation) Act (MMDR Act) through a voice vote, with Mines Minister Pralhad Joshi stating that the amendments will create jobs and allow private players with enhanced technology into the mining sector. The amendment proposes to allow captive miners of both coal and other minerals to sell up to 50 per cent of their production after meeting the requirements of the end-use plant and on paying additional royalty to the state government.

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