State governments stand to potentially benefit from revenue generated by mining waste as the mines ministry has proposed to amend the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016 (MCR, 2016).
The proposed amendment to Rule 12(1)(k) of the MCR, 2016, would allow the dispatch of materials, such as overburden, waste rock, and minerals below a certain threshold value that cannot be used as a major mineral, in the normal course of mining, potentially enabling the government to generate revenue.
Rule 12(1)(k) of the MCR, 2016, outlines terms and conditions for a mining lease, including provisions for disposing of such materials below a certain threshold value that cannot be used as a major mineral.
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