The Ministry of Mines confirmed in a Press Information Bureau release on April 24, 2026 the operationalisation of the Special Assistance to States for Capital Investment (SASCI) Mining Sector Reform Incentive Scheme for FY 2026-27 with a total outlay of 5,000 crore rupees, transforming the mining sector from a resource-extraction model to a governance-led model. The Scheme has three incentive components. The Structural Reforms Component awards 100 crore rupees to a state for completing five mandated reforms by December 15, 2026, namely integration with the Unified Mining Portal for data coordination, establishment of a pre-auction committee to resolve land and title issues, formation of a state-level coordination committee for operationalisation monitoring, publication of an annual auction calendar and adoption of grade classification technology to prevent mineral misclassification. The Mine Operationalisation Rewards Component provides 20 crore rupees per block (capped at 200 crore rupees per state) for auctioning pre-cleared sites and a top-up of 250 crore rupees if a state operationalises at least ten per cent of major mineral blocks auctioned before March 31, 2026. The State Mining Readiness Index (SMRI) Component creates competitive rankings across three state categories A, B and C with prizes of 100 crore rupees for first place, 75 crore rupees for second and 50 crore rupees for third. By tying central transfers to verifiable milestones the Scheme aims to expedite production timelines, increase transparency in mineral rights and embed cooperative federalism in the strategic mining sector.
Ministry of Mines Confirms ₹5,000 Crore SASCI Mining Sector Reform Incentive Scheme for FY 2026-27 in PIB Release on April 24, 2026; State Mining Readiness Index, Operationalisation Rewards and Structural Reform Component to Run Until December 15, 2026 Eligibility Window
A PIB release on April 24, 2026 confirmed the Ministry of Mines' SASCI Mining Sector Reform Incentive Scheme for FY 2026-27 with a 5,000 crore rupees outlay. It has three components: a Structural Reforms grant (100 crore rupees per state) for completing five reforms by December 15, 2026; Mine Operationalisation Rewards (20 crore rupees per block, up to 200 crore rupees, plus 250 crore rupees top-up) and the State Mining Readiness Index with prizes of 100, 75 and 50 crore rupees.
Key facts
- PIB on April 24, 2026 confirmed the Ministry of Mines' SASCI Mining Sector Reform Incentive Scheme for FY 2026-27 with a 5,000 crore rupees outlay.
- The Structural Reforms Component awards 100 crore rupees to a state for completing five mandated reforms by December 15, 2026.
- The five reforms include integration with the Unified Mining Portal, a pre-auction committee, a state-level coordination committee, an annual auction calendar and grade classification technology.
- The Mine Operationalisation Rewards Component provides 20 crore rupees per block (capped at 200 crore rupees per state) for auctioning pre-cleared sites.
- A top-up of 250 crore rupees is granted if a state operationalises at least ten per cent of major mineral blocks auctioned before March 31, 2026.
- The State Mining Readiness Index (SMRI) Component ranks states across A, B and C categories with prizes of 100, 75 and 50 crore rupees.
- The Scheme transforms mining from a resource-extraction model to a governance-led model with verifiable milestones for central transfers.
6-axis classification
Appears in these topics
Practice MCQ from this story
SolveTap an option below. Correct or incorrect feedback appears instantly.
What is the total outlay of the Special Assistance to States for Capital Investment (SASCI) Mining Sector Reform Incentive Scheme for FY 2026-27, confirmed by the Ministry of Mines through a PIB release on April 24, 2026?
The PIB release on April 24, 2026 confirmed that the total outlay of the SASCI Mining Sector Reform Incentive Scheme for FY 2026-27 is 5,000 crore rupees, broken down across the Structural Reforms Component, Mine Operationalisation Rewards Component and the State Mining Readiness Index Component.
Source: PIB / Ministry of Mines (via Lukmaan IAS PIB Summary)
Frequently asked questions
What is the total outlay of the SASCI Mining Sector Reform Incentive Scheme for FY 2026-27?
The total outlay confirmed by PIB on April 24, 2026 is 5,000 crore rupees.
What is the deadline for states to complete the five mandated structural reforms?
States must complete the five reforms by December 15, 2026 to receive the 100 crore rupees Structural Reforms grant.
What incentive is given for operationalising mineral blocks auctioned before March 31, 2026?
A top-up of 250 crore rupees is granted if a state operationalises at least ten per cent of major mineral blocks auctioned before March 31, 2026.
What is the State Mining Readiness Index (SMRI)?
It is a competitive ranking of states under the SASCI Scheme across three categories A, B and C with prizes of 100 crore rupees, 75 crore rupees and 50 crore rupees for the top three positions.
What is the broader objective of the Scheme?
To transform the mining sector from a resource-extraction model to a governance-led model with faster production timelines and improved transparency.
Was this useful?
Share corrections or missing exam angles with the editorial team.
Send feedback