Maharashtra in India has rich deposits of bauxite, iron, and manganese since the new policy was introduced on January 8th.

The mines would be auctioned as they were under a new policy issued by the industry ministry. In addition to assisting the government and private lands and forested areas in disposing of low-grade ore and overloaded mines.

The policy was intended to promote mining development. At the same time, rising debt has forced the government to look for other sources to create income. In the case of private land mines, the landowner would be given priority to dispose of the mines at the highest auction price, but the highest bidder would be given the right to dispose of the mines if the owner failed to pay the equivalent amount within a week.