New Delhi, Oct 19 (PTI) The government on Sunday said it has amended the Mineral (Auction) Rules, 2015 to introduce timelines for different activities after the auction of mineral blocks to expedite their operations.

The amendment has put in place milestones between the issuance of the letter of intent and the execution of mining leases, with imposing of penalties for delays and giving incentives for early production.

The move aims at improving monitoring across the stages of mine development and preventing bidders from sitting on the blocks without beginning the operations.

"As the latest step in its endeavour to fast-track operationalisation, the Ministry of Mines has notified amendment to the Mineral (Auction) Rules, 2015 on October 17, 2025 introducing intermediary timelines for var

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