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The Economic Times

Economy / The Economic Times

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India considers tighter mining auction rules to deter laggards, sources say

India is looking at stricter rules for mining auctions. The government wants to ensure companies that win mining blocks start operations quickly. Many awarded blocks are not yet producing minerals. India may blacklist companies that delay mining. New rules could assess a firm's financials and past experience before bidding. This aims to boost the country's mineral output and economic contribution.

28 Jan 2026 12:56 pm