New Delhi, April 24 -- The government on Friday incorporated an incentive mechanism on mining sector reforms with Rs 5,000 crore outlay in the Scheme for Special Assistance to States for Capital Investment (SASCI) for FY 2026-27.

According to an official press release issued by the Ministry of Mines, the operational guidelines for this scheme component have been issued recently by the said ministry. This is a significant step to encourage mining sector reforms in states.

The objective of this SASCI scheme component is to facilitate and expedite mine operationalisation, increase mineral production, enhance revenue collection by States from the mining sector, and improve overall governance of the mining sector.

Under the scheme, incentiv...