Power of State Government to make reservation to area for conservation etc.

(1) The State Government may, if it is of opinion that with a view to conserving any mineral it is necessary, in the public interest, so to do, reserve any area which is not already held under any prospecting licence or mining lease, for the purpose of such conservation. Provided that before making any such reservation, the State Government shall specify by notification, the boundaries of such area and the mineral or minerals in respect of which such area is proposed to be reserved and shall take a decision after considering such objections with regard to the proposed action as may be received by it within thirty days from the date of publication of the notification aforesaid. (2) The State Government may, if it is of opinion that it is necessary in the public interest so to do, reserve any area, which is not already held under a prospecting licence or mining lease, for undertaking mining operations in that area through a Government company or corporation owned or controlled by the State Government. Provided that before making am such reservation, the State Government shall specify by notification, the boundaries of such area and the mineral or minerals in respect of which such area is proposed to he reserved for a Government company or corporation owned or controlled by the State Government to undertake mining operations in that area and no such reservation shall he made except after considering such objections as may he received by the State Government within thirty days from the date of publication of the notification a for said.