New Delhi, August 13: The Mining and Minerals (Development and Regulation) Amendment Bill, 2026, has been passed in the Rajya Sabha. Union Minister for Mines G. Kishan Reddy presented the bill in the house. During the presentation and discussion, opposition members vocally protested. With the passage of this bill, the monsoon session has also come to a close.
In response to the discussion, G. Kishan Reddy stated that the revenue from the mining sector to states has increased during the tenure of the Narendra Modi government. He noted a significant rise in revenue from the oil sector as well. Reddy explained that previously, states received about 50 percent of the revenue, but now, under the Modi administration, they receive approximately 96 percent, leaving only 4 percent for the central government.
The minister criticized the opposition, asserting that they need not worry about the interests of the states. He emphasized that the Modi government is committed to working for the welfare of states. Reddy added that the central government is continuously striving to support the poor, farmers, and those in need.
He highlighted that taxation is a crucial tool for the development of any sector. If Parliament fails to reach consensus on taxation provisions, it will adversely affect the growth of the mining and minerals sector. The aim of this bill is to promote the development of the mining sector and enhance state revenues. He expressed confidence that the implementation of this bill will boost state revenues and strengthen the mining sector, stating, “I believe that the development of the mining sector will increase state revenues and benefit the country.”
Earlier, Rajya Sabha Chairman C.P. Radhakrishnan informed members that a request had been received from the Parliamentary Affairs Minister to consider and pass the Mining and Minerals (Development and Regulation) Amendment Bill, 2026, which had already been passed by the Lok Sabha. The request indicated that the subjects and questions scheduled for Zero Hour should be postponed to allow immediate consideration of the bill.
Given the significance of the bill and the fact that Question Hour was suspended on the last day of the monsoon session, the house was able to discuss the bill promptly. Meanwhile, responses to previously listed questions were deemed to have been placed on the table of the house.
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