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Mining Sector Reforms Incentivized with Rs 5,000 Crore Scheme

Indian Community Editorial TeamBy Indian Community Editorial TeamApril 24, 20261 Min ReadNo Comments Add us to Google Preferred Sources
Mining Sector Reforms Incentivized with Rs 5,000 Crore Scheme
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The Ministry of Mines announced the incorporation of an incentive mechanism for mining sector reforms in the Scheme for Special Assistance to States for Capital Investment (SASCI) for FY 2026-27, with a Rs 5,000 crore outlay. Operational guidelines for this scheme component have been recently issued to encourage mining sector reforms and boost mineral production.

The objective of the SASCI scheme component is to expedite mine operationalisation, enhance mineral production, increase revenue collection by states from the mining sector, and improve overall governance of the mining sector. States and UTs will receive incentives under three reform areas, including integration with the Unified Mining Portal, constitution of committees for resolving issues, and adoption of technology-based measures.

States are required to undertake specific reform actions by December 15, 2026, to be eligible for incentives ranging from Rs 100 crore to Rs 250 crore based on successful auctioning and operationalisation of major mineral blocks. Additionally, top-performing states in the State Mining Readiness Index (SMRI) 2026-27 will be rewarded with amounts up to Rs 100 crore for securing top positions in different categories.

Ministry of Mines Scheme for Special Assistance to States for Capital Investment (SASCI) State Mining Readiness Index (SMRI) Unified Mining Portal
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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