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Date: 24-Jan-2023 Category: Extra Ordinary State: Union Government Country: India

Coal

Issued by Ministry of Coal · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The gazette notification publishes a draft of rules to further amend the Coal Blocks Allocation Rules, 2017.
  • This is done in exercise of powers conferred by sub-section (1) of section 13 and clauses (d), (da), (db) and (dc) of sub-section (2) of section 13 of the Mines and Minerals (Development and Regulation) Act, 1957.
  • The notification invites objections and suggestions from affected parties within 30 days of the gazette being made available to the public.
  • The proposed rules are called the Coal Blocks Allocation (Amendment) Rules, 2023 and will come into force on the date of their publication in the Official Gazette.

Key Changes

  • The amendment removes the phrase 'in the form of bank guarantee' from sub-clause (iii) of clause (c) of sub-rule (5) of rule 5 in the Coal Blocks Allocation Rules, 2017.

Impact Analysis

Coal Block Allottees

  • Action Item: Review existing security arrangements and explore alternative options in light of this amendment.

Banks and Financial Institutions

  • Action Item: Assess the potential impact on bank guarantee portfolios and adjust strategies accordingly.

Government (Ministry of Coal)

  • Action Item: Monitor the implementation of the amended rules and assess their effectiveness in achieving the intended objectives.

General Public

  • Action Item: No direct action required, but stay informed about developments in the coal sector.

Key Entities Referenced

Mines and Minerals (Development and Regulation) Act, 1957: The principal legislation governing the regulation of mines and minerals in India. The amendment is made in exercise of powers conferred by this Act. Coal Blocks Allocation Rules, 2017: The rules that govern the allocation of coal blocks in India. These rules are being amended by the current notification. Ministry of Coal: The central government ministry responsible for the administration of the coal sector in India. The notification is issued by this ministry. G.S.R. 877(E), dated the 13th July, 2017: The original notification publishing the Coal Blocks Allocation Rules, 2017. G.S.R 300(E) dated the 18th May, 2020: The notification that last amended the Coal Blocks Allocation Rules, 2017.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-25012023-243198 xxxGIDHxxx CG-DL-E-25012023-243198 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 47] नई दिल्ली, मगं लवार, िनवरी 24, 2023/माघ 4, 1944 No. 47] NEW DELHI, TUESDAY, JANUARY 24, 2023/MAGHA 4, 1944 कोयला मत्रं ालय अजधसचू ना नई दिल्ली, 24 िनवरी, 2023 सा.का.जन. 48(अ).—खान और खजनि (जवकास और जवजनयमन) अजधजनयम, 1957 (1957 का 67) की धारा 13 की उप-धारा (2) के खडं (घ), (घ क) (घ ख) और (घ ग) तथा धारा 13 की उप-धारा (1) द्वारा प्रित्त िजियों का प्रयोग करत े हुए, केंद्र सरकार द्वारा कोयला ब्लॉक आवंटन जनयम, 2017 में और अजधक संिोधन करने के जलए कुछ जनयमों का जनम्नजलजखत मसौिा एद्तद्वारा प्रकाजित दकया िाता ह ै िैसा दक इसके द्वारा प्रभाजवत होने वाले सभी व्यजियों को सूजचत करन े के जलए उि धारा के तहत अपेजित ह ै और एद्तद्वारा नोटटस दिया िाता ह ै दक उि मसौिा जनयमों पर उस तारीख से तीस दिनों की अवजध की समाजि पर या उसके बाि जवचार दकया िाएगा जिस पर इन जनयमों वाले भारत के रािपत्र की प्रजतयां िनता को उपलब्ध करायी िाती ह;ैं उि जनर्िष्टि अवजध के भीतर दकसी भी व्यजि स े प्राि होन े वाली आपजत्तयों और सुझावों पर केंद्र सरकार द्वारा जवचार दकया िाएगा; आपजत्तयां और सुझाव, यदि कोई हों, अनुभाग अजधकारी (पी एडं एस-I अनुभाग), कोयला मंत्रालय, भारत सरकार, कि संख्या 514/2-डी, िास्त्री भवन, नई दिल्ली 110001 को भेिे िा सकते ह ैं या ca1.moc@nic.in पर ई-मेल दकए िा सकत े ह।ैं 561 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] मसौिा जनयम सजं िि नाम और प्रारंभ- (1) इन जनयमों को कोयला ब्लॉक आवंटन (संिोधन) जनयम, 2023 कहा िा सकता ह।ै (2) य ेभारत के रािपत्र में उनके प्रकािन की तारीख से लाग ूहोंगे। 1. कोयला ब्लॉक आवंटन जनयम, 2017 म,ें जनयम 5 के उप-जनयम (5) के खंड (ग) के उप-खडं (iii) में – (I) “बैंक गारंटी के रूप में” िब्िों को हटा दिया िाएगा। [फा. स.ं 11022/01/2015-सीए-III] एम. नागराि,ू अपर सजचव टटप्पणी: मूल जनयम भारत के रािपत्र, भाग II, खडं 3, उपखंड (i) म ें िीएसआर 877(ई), दिनांक 13 िुलाई, 2017 द्वारा प्रकाजित दकए गए थे और अंजतम बार िीएसआर 300(ई) दिनांक 18 मई, 2020 द्वारा संिोजधत दकए गए थे। MINISTRY OF COAL NOTIFICATION New Delhi, the 24th January, 2023 G.S.R. 48(E).⸺The following draft of certain rules further to amend the Coal Blocks Allocation Rules, 2017 which the Central Government proposes to make, in exercise of powers conferred by sub-section (1) of section 13 and clauses (d), (da), (db) and (dc) of sub-section (2) of section 13 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957), is hereby published as required under the said section for informing all persons likely to be affected thereby and notice is hereby given that the said draft rules shall be taken into consideration on or after the expiry of a period of thirty days from the date on which the copies of the Gazette of India containing these rules are made available to public; Objections and suggestions which may be received from any person within the period specified above will be considered by the Central Government; Objections and suggestions, if any, may be addressed to the Section Officer (P&S-I section), Ministry of Coal, Government of India, Room No. 514/2-D, Shastri Bhawan, New Delhi 110001 or emailed at ca1.moc@nic.in. DRAFT RULES Short title and commencement.⸺ (1) These rules may be called the Coal Blocks Allocation (Amendment) Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette. 1. In the Coal Blocks Allocation Rules, 2017, in sub-clause (iii) of clause (c) of sub-rule (5) of rule 5,⸺ (i) the words “in the form of bank guarantee” shall be omitted. [F. No. 11022/01/2015-CA-III] M. NAGARAJU, Addl. Secy. Note:- The principal rules were published in the Gazette of India, Part II, Section 3, Sub-section (i) vide number G.S.R. 877(E), dated the 13th July, 2017 and lastly amended vide number G.S.R 300(E) dated the 18th May, 2020. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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