
Offshore Areas Mineral (Development and Regulation) Amendment Act, 2023
For over ten years, India maintained a law aimed at allowing mineral development of its seabed, yet for the same period, very little occurred. The Offshore Areas Mineral (Development and Regulation) Act was enacted in 2002 and took effect in 2010, providing the government with a legal structure for mining in territorial waters, the continental shelf, and the Exclusive Economic Zone. However, when the Ministry of Mines was questioned about this in Parliament, their response was straightforward: no mining operation had ever started under the previous system. The Ministry was direct about the reason as well. It stated clearly that the distribution process allowed excessive discretion and failed to provide a fair, transparent method for assigning operating rights.






