Mining Bill lapses but industry not complaining

The MMDR Bill had proposed sharing of miner's profits with the project-affected people amongst other things

The UPA's attempt to overhaul the law governing malpractice-ridden mining sector by replacing a 50-year-old legislation, has been wasted with the new mining bill lapsing. The Mines and Minerals Development and Regulation (MMDR) Bill had proposed sharing of miner's profits with the project-affected people amongst other things, but with the last Lok Sabha being dissolved for elections, the Bill has lapsed.