56. The Mineral Laws (Amendment) Bill, 2020 has recently been passed.
Consider the following regarding the same :
1. With the introduction of this Bill, companies which do not have any prior coal mining experience in India can also participate in the auction of coal blocks.
2. Private companies will now be able to undertake coal mining for commercial mining purposes, thereby ending the captive end-use criteria.
3. A composite license namely Prospecting Licence-Cum-Mining Lease has been introduced in the Bill.
4. The revenue sharing model detailed in the Bill is based on recommendations of an expert committee headed by Injeti Srinivas.

 

Which of the above are true ?

1. Only 2 and 3

2. Only 1 and 3

3. Only 1, 2 and 3

4. Only 2, 3 and 4

Correct Answer :

Only 1, 2 and 3