The Economic Times

Government announces Rs 5K cr incentive for states to expedite mining blocks' auction, operationalisation

In an effort to boost the mining sector, the government is allocating a substantial Rs 5,000 crore to states that enhance the efficiency of mining block auctions and operations for the fiscal year 2026-27. This financial incentive encourages states to modernize their processes, utilize innovative technologies, and integrate with the national mining portal.