The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to decriminalize its provisions. The MCR regulate the application and grant of mineral concessions such as reconnaissance permit, prospecting license, and mining lease. Coal Ministry said, these concessions are pre-requisites for development and operationalization of mines entailing several compliances on the part of businesses.<br />''<br />''Government has been taking initiatives for reducing compliances for business and citizens. To further promote and boost the Ease of Doing Business Policy of the government, the amendment in MCR decriminalized 68 provisions whereas penalty has been reduced for ten provisions of MCR.<br />''<br />''Express provision has been introduced for adjustment of additional or shortfall royalty. <br />''<br />''Further, rate of penal interest on delayed payment of rent, royalty, fee or other sums due to the government has been reduced from 24 percent to 12 percent. It is expected that these provisions shall afford the much-required economic relaxations in the coal mining sector.<br />