The government of India is intensifying efforts to reduce import dependence and achieve self-reliance in the minerals sector. Union Coal and Mines Minister G. Kishan Reddy reaffirmed this commitment during a roadshow organized by the Ministry of Mines for the Seventh Tranche Auction of Critical Mineral Blocks and Tranche-2 Exploration Licences.
Government Focus: From Revenue to Resource Security
G.Kishan Reddy emphasized that the government’s approach goes beyond revenue generation. Instead, it focuses on ensuring that the country fully benefits from its mineral wealth. He stated that strategic reforms and policy measures are being implemented to make India “atma nirbhar” (self-reliant) in the minerals sector. As a result, the government is actively working to strengthen domestic exploration, extraction, and processing capabilities.
Opportunities in Urban Mining and Coal Gasification
The minister pointed out emerging opportunities in urban mining and coal gasification. These areas, he noted, will play a critical role in meeting future demand for critical minerals and energy resources. He urged the private sector to collaborate closely with public sector undertakings (PSUs), state governments, and other stakeholders to unlock the full potential of these opportunities.
Record Mineral Block Auctions in FY 2025–26
Piyush Goyal, Union Mines Secretary, highlighted a significant milestone. During FY 2025–26, the government successfully auctioned 212 mineral blocks, surpassing the combined total of 364 blocks auctioned over the previous four years. The total number of blocks auctioned since the introduction of the auction regime in 2015 has reached 684 blocks, reflecting strong momentum in sector reforms.
Progress in Critical Mineral Auctions
In the critical minerals segment, the government has made notable progress such as:
*22 critical mineral blocks were auctioned during FY 2025–26
*71 blocks have been auctioned so far
*46 by the Centre
*25 by state governments
Additionally, the 7th Tranche of critical and strategic mineral block auctions, launched on March 23, includes 19 blocks—comprising 17 composite licences and two mining leases.
Strengthening India’s Mineral Ecosystem
These initiatives underline the government’s commitment to building a robust and self-reliant mineral ecosystem. As reported by msn.com, by accelerating auctions, encouraging private participation, and exploring emerging technologies, India is positioning itself to secure critical mineral resources and support long-term industrial and energy needs.
