E-Auction Begins for 31 M-Sand Units in Rajasthan
| Key Event/Highlight | Details |
|---|---|
| E-Auction Process Initiated | E-auction process for the establishment of 31 M-Sand units began on 10 January 2024. |
| Bidding Period | Bidding can be submitted from 28 January to 6 February 2024 as per the auction schedule on the Government of India portal. |
| New Policies Announced | New Mineral Policy and New M-Sand Policy were released by the Chief Minister and Mines Minister on 4 December 2023. Revised rules under these policies were issued on 3 January 2025. |
| Tender Notice Released | The department issued a tender notice within one week for the establishment of 31 M-Sand units. |
| Industrial Status for M-Sand | M-Sand units have been granted industrial status and special incentives under the Rajasthan Investment Promotion Scheme. |
| Eligibility Relaxations | Requirements of 3 years of experience and ₹3 crore turnover for setting up M-Sand units have been removed. |
| Royalty Reduction | Royalty on overburden has been reduced, and 5 plots (instead of 2) have been reserved for allocation during auctions. |
| DMFT Discount | Discount on the amount payable for District Mineral Foundation Trust (DMFT) on overburden has been introduced. |
| M-Sand Usage Mandate | 50% M-Sand usage has been made mandatory in government and government-funded construction projects requiring gravel. |
| E-Auction for 31 Plots | E-auction for 31 M-Sand plots across 15 districts was announced on 10 January 2024 via the Government of India portal. Detailed information is available on the department's website. |