https://www.taxtmi.com/caselaws?id=184260 Renewal of a mining lease beyond ordinary renewal periods under Section 8(3) requires the Central Government to record reasons establishing that renewal is necessary for mineral development. Relevant policy material, including the Rao Committee report and earlier findings, must be considered; any departure from recommendations requires reasons. Prospective applicants may be heard where renewal directly affects their potential entitlement and commercial interests. Mineral development may encompass captive requirements of needy industries and equitable allocation of scarce mineral resources, rather than concentration with one leaseholder. Expert technical and policy assessments may support renewal over a reduced area where based on reserves, captive needs and competing industrial claims. en-us Tue, 23 Jul 1996 00:00:00 +0530 Mon, 04 Jul 2016 14:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184260 Renewal of a mining lease beyond ordinary renewal periods under Section 8(3) requires the Central Government to record reasons establishing that renewal is necessary for mineral development. Relevant policy material, including the Rao Committee report and earlier findings, must be considered; any departure from recommendations requires reasons. Prospective applicants may be heard where renewal directly affects their potential entitlement and commercial interests. Mineral development may encompass captive requirements of needy industries and equitable allocation of scarce mineral resources, rather than concentration with one leaseholder. Expert technical and policy assessments may support renewal over a reduced area where based on reserves, captive needs and competing industrial claims. Case-Laws Indian Laws Tue, 23 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184260