ReferIndia News 48-month approval delays keep India’s mining potential locked despite rich reserves

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48-month approval delays keep India’s mining potential locked despite rich reserves

Published on: June 24, 2026, 9:20 p.m. | Source: The Financial Express

An Icra report reveals that a typical coal mining project in India faces a massive 48-month approval and land acquisition cycle, stretching total gestation to 7-9 years despite the nation ranking among the world's top producers.

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