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Polity & Governance2025
Consider the following statements: I. India has joined the Minerals Security Partnership as a member. II. India is resource-rich in all the 30 critical minerals that it has identified. III. Parliament in 2023 amended the Mines and Minerals (Development and Regulation) Act, 1957 empowering the Central Government to exclusively auction mining lease and composite license for certain critical minerals. Which of the statements given above are correct?

Explanation

The correct option is "I and III only" because statement I is accurate as India indeed joined the Minerals Security Partnership, aimed at ensuring a stable supply of critical minerals essential for various technologies and energy transitions. Statement III is also correct since the 2023 amendment to the Mines and Minerals (Development and Regulation) Act, 1957, allows the Central Government to auction critical minerals, thereby streamlining resource management and enhancing domestic production. However, statement II is incorrect, as India is not resource-rich in all identified critical minerals, with certain minerals still facing supply constraints. This evaluation aligns with the UPSC emphasis on governance and resource management, particularly in the context of India's strategic mineral needs for development.

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