The Centre has revised the 1957 Act, enhancing oversight of mineral resources and tightening rules on state taxes and levies. This aims to stabilize the mining industry's fiscal framework, invalidating challenged state levies. The legislative shift addresses unpredictable investment climates and lagging prospecting for critical minerals. While tighter central control is deemed necessary for a robust economy, the article stresses the crucial next step: ensuring equitable revenue distribution with states. A compensatory mechanism for forgone revenue is essential. The Centre has begun action against unilateralism, but must now actively involve states for full success.