Mines and Minerals (Development and Regulation) Amendment Act, 2026

The PIB backgrounder details the Mines and Minerals (Development and Regulation) Amendment Act, 2026, through a series of frequently asked questions. It addresses revenue collection by state governments from mines, sharing of mining revenue between the Centre and States, and historical reforms since 2015 such as competitive e-auctions, growth in mineral production, the National Critical Mineral Mission, recycling incentives, and exploration ecosystems. The backgrounder clarifies that the 2026 Amendment Act aims to establish a stable and rational tax structure to attract investment, boost critical mineral production, reduce import dependency, prevent cascading tax effects on manufacturing, and provide long-term fiscal certainty without reducing state revenues or altering regulations concerning minor minerals.