The Ministry of Mines released India's first-ever State Mining Readiness Index (SMRI) on October 16, 2025, as announced in the Union Budget 2025–26. The SMRI benchmarks states on 17 reform areas and around 79 parameters for non-coal mineral governance including auction performance, mine operationalisation, exploration focus, and sustainable mining practices. States are divided into three categories based on mineral richness: Category A (resource-rich), B (medium), and C (limited). Madhya Pradesh, Rajasthan and Gujarat were the top three ranked states in Category A, in that order — significant for Rajasthan as it is India's largest producer of minerals like zinc, lead, marble, and sandstone. Punjab, Uttarakhand, and Tripura led Category C, in that order. Top-performing states in each category receive ₹100 crore incentives under SASCI 2025–26. The index aims to foster competitive federalism in mineral governance.