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Union Cabinet

Cabinet approves amendment of 2nd schedule to MMDR Act

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal of the Ministry of Mines for amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (hereinafter referred to as 'the Act') for specifying the rate of royalty in respect of Glauconite, Potash, Emerald, Platinum Group of Metals (PGM), Andalusite, Sillimanite and Molybdenum.