Parliament passes MMDR Amendment Bill curbing states’ mineral levies; Kishan Reddy assures no revenue loss
The Indian Express reports that Parliament has passed the MMDR Amendment Bill, 2026, which aims to curb states' mineral levies and impose greater uniformity in the prices of major minerals. Union Mines Minister G Kishan Reddy assured that the legislation would not result in any revenue loss for states. The bill applies only to major minerals, such as coal, iron ore, bauxite, manganese, and copper, and is expected to affect around 11 mineral-producing states.
The government's intention is to prevent rising costs from feeding into inflation and infrastructure costs, and to keep mineral prices balanced across the country.
Brief written by urgent.news from The Indian Express's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
