Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Karnataka’s illegal mining: Panel suggests to scrap 49 patently illegal licences    </title>
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-The Economic Times





A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;





Another 72 mining companies should be fined for operating..."/>
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-The Economic Times





A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;





Another 72 mining companies should be fined for operating..." />
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Another 72 mining companies should be fined for operating outside sanctioned areas. It also asks for Karnataka's iron ore output to be capped at 30 million tonnes, down a third from its 45-million-tonne level till the court banned all mining in the state.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">These strictures are welcome: they could help restart mining in the state and bring Karnataka's crony capitalism to heel. Till recently, Bellary stood for the worst excesses of Indian capitalism. The notorious Reddy brothers used their illegal mining wealth to buy into the BJP, into ministerships and local administration.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">That structure has been partially dismantled after CM Yeddyurappa was forced out and one of the Reddy brothers imprisoned. If the court upholds the panel's recommendations, much of the damage can be undone.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Central Empowered Committee (CEC) also says, correctly, that all mining licences should be auctioned. This will dismantle the shady first-come-first-served mechanism by which well-connected state politicians and businessmen jumped queues to grab mining leases.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Auctions will also help discover the correct price of mining licences. Finally, the CEC's suggestion, that all ore should be sold at market rates, is welcome. It has argued, correctly, that even ore from captive mines should be sold at market prices.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is no reason why this should be restricted to mines in Karnataka. The government must do the next logical thing: it should scrap the policy of granting captive mines to produces of metals or power across the country.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">India's steel and aluminium makers benchmark their metal prices against globallytraded prices, but have input costs close to zero, thanks to captive ore mines. This only serves to destroy value addition in mining or transfer it to metal-making, artificially boosting profits there.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">All captive mines now in operation should be handed back to the government, which can then hold global auctions for operating them.</div>                                                           
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        LATEST NEWS UPDATES | Karnataka’s illegal mining: Panel suggests to scrap 49 patently illegal licences    </title>
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-The Economic Times





A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;





Another 72 mining companies should be fined for operating..."/>
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-The Economic Times





A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;





Another 72 mining companies should be fined for operating..." />
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    <h1 class="cat-box-title">Karnataka’s illegal mining: Panel suggests to scrap 49 patently illegal licences</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Another 72 mining companies should be fined for operating outside sanctioned areas. It also asks for Karnataka's iron ore output to be capped at 30 million tonnes, down a third from its 45-million-tonne level till the court banned all mining in the state.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">These strictures are welcome: they could help restart mining in the state and bring Karnataka's crony capitalism to heel. Till recently, Bellary stood for the worst excesses of Indian capitalism. The notorious Reddy brothers used their illegal mining wealth to buy into the BJP, into ministerships and local administration.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">That structure has been partially dismantled after CM Yeddyurappa was forced out and one of the Reddy brothers imprisoned. If the court upholds the panel's recommendations, much of the damage can be undone.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Central Empowered Committee (CEC) also says, correctly, that all mining licences should be auctioned. This will dismantle the shady first-come-first-served mechanism by which well-connected state politicians and businessmen jumped queues to grab mining leases.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Auctions will also help discover the correct price of mining licences. Finally, the CEC's suggestion, that all ore should be sold at market rates, is welcome. It has argued, correctly, that even ore from captive mines should be sold at market prices.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is no reason why this should be restricted to mines in Karnataka. The government must do the next logical thing: it should scrap the policy of granting captive mines to produces of metals or power across the country.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">India's steel and aluminium makers benchmark their metal prices against globallytraded prices, but have input costs close to zero, thanks to captive ore mines. This only serves to destroy value addition in mining or transfer it to metal-making, artificially boosting profits there.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">All captive mines now in operation should be handed back to the government, which can then hold global auctions for operating them.</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/opinion/editorial/karnatakas-illegal-mining-panel-suggests-to-scrap-49-patently-illegal-licences/articleshow/11801393.cms" class="re" target="_blank">The Economic Times, 8 February, 2012, http://economictimes.indiatimes.com/opinion/editorial/karnatakas-illegal-mining-panel-suggests-to-scrap-49-patently-illegal-licences/articleshow/11801393.cms</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Karnataka’s illegal mining: Panel suggests to scrap 49 patently illegal licences    </title>
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-The Economic Times





A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;





Another 72 mining companies should be fined for operating..."/>
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-The Economic Times





A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;





Another 72 mining companies should be fined for operating..." />
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    <h1 class="cat-box-title">Karnataka’s illegal mining: Panel suggests to scrap 49 patently illegal licences</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Another 72 mining companies should be fined for operating outside sanctioned areas. It also asks for Karnataka's iron ore output to be capped at 30 million tonnes, down a third from its 45-million-tonne level till the court banned all mining in the state.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">These strictures are welcome: they could help restart mining in the state and bring Karnataka's crony capitalism to heel. Till recently, Bellary stood for the worst excesses of Indian capitalism. The notorious Reddy brothers used their illegal mining wealth to buy into the BJP, into ministerships and local administration.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">That structure has been partially dismantled after CM Yeddyurappa was forced out and one of the Reddy brothers imprisoned. If the court upholds the panel's recommendations, much of the damage can be undone.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Central Empowered Committee (CEC) also says, correctly, that all mining licences should be auctioned. This will dismantle the shady first-come-first-served mechanism by which well-connected state politicians and businessmen jumped queues to grab mining leases.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Auctions will also help discover the correct price of mining licences. Finally, the CEC's suggestion, that all ore should be sold at market rates, is welcome. It has argued, correctly, that even ore from captive mines should be sold at market prices.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is no reason why this should be restricted to mines in Karnataka. The government must do the next logical thing: it should scrap the policy of granting captive mines to produces of metals or power across the country.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">India's steel and aluminium makers benchmark their metal prices against globallytraded prices, but have input costs close to zero, thanks to captive ore mines. This only serves to destroy value addition in mining or transfer it to metal-making, artificially boosting profits there.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">All captive mines now in operation should be handed back to the government, which can then hold global auctions for operating them.</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/opinion/editorial/karnatakas-illegal-mining-panel-suggests-to-scrap-49-patently-illegal-licences/articleshow/11801393.cms" class="re" target="_blank">The Economic Times, 8 February, 2012, http://economictimes.indiatimes.com/opinion/editorial/karnatakas-illegal-mining-panel-suggests-to-scrap-49-patently-illegal-licences/articleshow/11801393.cms</a><div class="clear"></div>
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Karnataka’s illegal mining: Panel suggests to scrap 49 patently illegal licences

Published on Feb 8, 2012   Modified on Feb 8, 2012

-The Economic Times A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped.  Another 72 mining companies should be fined for operating outside sanctioned areas. It also asks for Karnataka's iron ore output to be capped at 30 million tonnes, down a third from its 45-million-tonne level till the court banned all mining in the state.  These strictures are welcome: they could help restart mining in the state and bring Karnataka's crony capitalism to heel. Till recently, Bellary stood for the worst excesses of Indian capitalism. The notorious Reddy brothers used their illegal mining wealth to buy into the BJP, into ministerships and local administration.  That structure has been partially dismantled after CM Yeddyurappa was forced out and one of the Reddy brothers imprisoned. If the court upholds the panel's recommendations, much of the damage can be undone.  The Central Empowered Committee (CEC) also says, correctly, that all mining licences should be auctioned. This will dismantle the shady first-come-first-served mechanism by which well-connected state politicians and businessmen jumped queues to grab mining leases.  Auctions will also help discover the correct price of mining licences. Finally, the CEC's suggestion, that all ore should be sold at market rates, is welcome. It has argued, correctly, that even ore from captive mines should be sold at market prices.  There is no reason why this should be restricted to mines in Karnataka. The government must do the next logical thing: it should scrap the policy of granting captive mines to produces of metals or power across the country.  India's steel and aluminium makers benchmark their metal prices against globallytraded prices, but have input costs close to zero, thanks to captive ore mines. This only serves to destroy value addition in mining or transfer it to metal-making, artificially boosting profits there.  All captive mines now in operation should be handed back to the government, which can then hold global auctions for operating them.

The Economic Times, 8 February, 2012, http://economictimes.indiatimes.com/opinion/editorial/karnatakas-illegal-mining-panel-suggests-to-scrap-49-patently-illegal-licences/articleshow/11801393.cms

Tagged with: Mining

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