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
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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
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
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
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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 | Naveen critical of new Mines Bill    </title>
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-PTI


&nbsp;


Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.

Mr. Patnaik&rsquo;s reaction came shortly after the union..."/>
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-PTI


&nbsp;


Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.

Mr. Patnaik&rsquo;s reaction came shortly after the union..." />
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                            <p>-PTI</p><p>&nbsp;</p><div align="justify">Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.<br /><br />Mr. Patnaik&rsquo;s reaction came shortly after the union cabinet approved the new Mines and Mineral Development and Regulation (MMDR) Bill, 2011.<br /><br />Stating that the new bill has provision for 26 per cent profit sharing on coal and an additional 10 per cent on iron ore, Mr. Patnaik said &ldquo;we had asked much more than what has been announced today.&rdquo;<br /><br />Earlier this month Mr. Patnaik in a letter to the prime minister had demanded 50 per cent share on the super-normal profit made by the private mines owners and imposition of a mineral resource tax on iron ore.<br /><br />Stating that insatiable demand for iron ore in export market has made it highly profitable with returns from mining being far in excess of economically acceptable rates, Mr. Patnaik had said the super normal profits being made was unheard in any other industry.<br /><br />This has led to a situation where in spite of the state being the owners of the resources, the mine owners were benefiting beyond any measure of reasonable returns, he said.<br /><br />&ldquo;I am concerned about the huge profits accruing to merchant mining companies, a large number of which are in private hands. In fact the large profits being made by private mining companies, disproportionate to any efforts made, has led to demand from various groups to nationalise mineral resources,&rdquo; the Chief Minister&rsquo;s letter had said.<br /><br />The state was the owner of iron ore resources which were non-renewable and could be extracted only once, he said adding that it was therefore important that the super normal profits from natural resources did not go to a few hands and that the community could get fair return.<br /><br />The surplus rent should accrue to the state which could be utilised for improving social and physical infrastructure, strengthen welfare measures besides improving livelihood of the people, Mr. Patnaik had said.<br /><br />&ldquo;The Australian Government has announced that Mineral Resource Rent Tax of 30 per cent on iron ore which will be applicable from July 1, 2012. On the same line, a Mineral Resource Rent Tax should be levied on iron ore, to be charged at 50 per cent of the surplus rent and should accrue to the states. As and when surplus rent decreases the tax too will automatically decrease,&rdquo; he had suggested.</div>                                                           
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    <br><a href="http://www.thehindu.com/news/national/article2500618.ece" class="re" target="_blank">The Hindu, 30 September, 2011, http://www.thehindu.com/news/national/article2500618.ece</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Naveen critical of new Mines Bill    </title>
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-PTI


&nbsp;


Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.

Mr. Patnaik&rsquo;s reaction came shortly after the union..."/>
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-PTI


&nbsp;


Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.

Mr. Patnaik&rsquo;s reaction came shortly after the union..." />
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                            <p>-PTI</p><p>&nbsp;</p><div align="justify">Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.<br /><br />Mr. Patnaik&rsquo;s reaction came shortly after the union cabinet approved the new Mines and Mineral Development and Regulation (MMDR) Bill, 2011.<br /><br />Stating that the new bill has provision for 26 per cent profit sharing on coal and an additional 10 per cent on iron ore, Mr. Patnaik said &ldquo;we had asked much more than what has been announced today.&rdquo;<br /><br />Earlier this month Mr. Patnaik in a letter to the prime minister had demanded 50 per cent share on the super-normal profit made by the private mines owners and imposition of a mineral resource tax on iron ore.<br /><br />Stating that insatiable demand for iron ore in export market has made it highly profitable with returns from mining being far in excess of economically acceptable rates, Mr. Patnaik had said the super normal profits being made was unheard in any other industry.<br /><br />This has led to a situation where in spite of the state being the owners of the resources, the mine owners were benefiting beyond any measure of reasonable returns, he said.<br /><br />&ldquo;I am concerned about the huge profits accruing to merchant mining companies, a large number of which are in private hands. In fact the large profits being made by private mining companies, disproportionate to any efforts made, has led to demand from various groups to nationalise mineral resources,&rdquo; the Chief Minister&rsquo;s letter had said.<br /><br />The state was the owner of iron ore resources which were non-renewable and could be extracted only once, he said adding that it was therefore important that the super normal profits from natural resources did not go to a few hands and that the community could get fair return.<br /><br />The surplus rent should accrue to the state which could be utilised for improving social and physical infrastructure, strengthen welfare measures besides improving livelihood of the people, Mr. Patnaik had said.<br /><br />&ldquo;The Australian Government has announced that Mineral Resource Rent Tax of 30 per cent on iron ore which will be applicable from July 1, 2012. On the same line, a Mineral Resource Rent Tax should be levied on iron ore, to be charged at 50 per cent of the surplus rent and should accrue to the states. As and when surplus rent decreases the tax too will automatically decrease,&rdquo; he had suggested.</div>                                                           
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    <br><a href="http://www.thehindu.com/news/national/article2500618.ece" class="re" target="_blank">The Hindu, 30 September, 2011, http://www.thehindu.com/news/national/article2500618.ece</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Naveen critical of new Mines Bill    </title>
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-PTI


&nbsp;


Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.

Mr. Patnaik&rsquo;s reaction came shortly after the union..."/>
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-PTI


&nbsp;


Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.

Mr. Patnaik&rsquo;s reaction came shortly after the union..." />
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    <h1 class="cat-box-title">Naveen critical of new Mines Bill</h1>
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                            <p>-PTI</p><p>&nbsp;</p><div align="justify">Dubbing union cabinet&rsquo;s approval of the Mines Bill, 2011 as &ldquo;too little and too late&rdquo;, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas.<br /><br />Mr. Patnaik&rsquo;s reaction came shortly after the union cabinet approved the new Mines and Mineral Development and Regulation (MMDR) Bill, 2011.<br /><br />Stating that the new bill has provision for 26 per cent profit sharing on coal and an additional 10 per cent on iron ore, Mr. Patnaik said &ldquo;we had asked much more than what has been announced today.&rdquo;<br /><br />Earlier this month Mr. Patnaik in a letter to the prime minister had demanded 50 per cent share on the super-normal profit made by the private mines owners and imposition of a mineral resource tax on iron ore.<br /><br />Stating that insatiable demand for iron ore in export market has made it highly profitable with returns from mining being far in excess of economically acceptable rates, Mr. Patnaik had said the super normal profits being made was unheard in any other industry.<br /><br />This has led to a situation where in spite of the state being the owners of the resources, the mine owners were benefiting beyond any measure of reasonable returns, he said.<br /><br />&ldquo;I am concerned about the huge profits accruing to merchant mining companies, a large number of which are in private hands. In fact the large profits being made by private mining companies, disproportionate to any efforts made, has led to demand from various groups to nationalise mineral resources,&rdquo; the Chief Minister&rsquo;s letter had said.<br /><br />The state was the owner of iron ore resources which were non-renewable and could be extracted only once, he said adding that it was therefore important that the super normal profits from natural resources did not go to a few hands and that the community could get fair return.<br /><br />The surplus rent should accrue to the state which could be utilised for improving social and physical infrastructure, strengthen welfare measures besides improving livelihood of the people, Mr. Patnaik had said.<br /><br />&ldquo;The Australian Government has announced that Mineral Resource Rent Tax of 30 per cent on iron ore which will be applicable from July 1, 2012. On the same line, a Mineral Resource Rent Tax should be levied on iron ore, to be charged at 50 per cent of the surplus rent and should accrue to the states. As and when surplus rent decreases the tax too will automatically decrease,&rdquo; he had suggested.</div>                                                           
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    <br><a href="http://www.thehindu.com/news/national/article2500618.ece" class="re" target="_blank">The Hindu, 30 September, 2011, http://www.thehindu.com/news/national/article2500618.ece</a><div class="clear"></div>
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Naveen critical of new Mines Bill

Published on Oct 4, 2011   Modified on Oct 4, 2011

-PTI   Dubbing union cabinet’s approval of the Mines Bill, 2011 as “too little and too late”, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas. Mr. Patnaik’s reaction came shortly after the union cabinet approved the new Mines and Mineral Development and Regulation (MMDR) Bill, 2011. Stating that the new bill has provision for 26 per cent profit sharing on coal and an additional 10 per cent on iron ore, Mr. Patnaik said “we had asked much more than what has been announced today.” Earlier this month Mr. Patnaik in a letter to the prime minister had demanded 50 per cent share on the super-normal profit made by the private mines owners and imposition of a mineral resource tax on iron ore. Stating that insatiable demand for iron ore in export market has made it highly profitable with returns from mining being far in excess of economically acceptable rates, Mr. Patnaik had said the super normal profits being made was unheard in any other industry. This has led to a situation where in spite of the state being the owners of the resources, the mine owners were benefiting beyond any measure of reasonable returns, he said. “I am concerned about the huge profits accruing to merchant mining companies, a large number of which are in private hands. In fact the large profits being made by private mining companies, disproportionate to any efforts made, has led to demand from various groups to nationalise mineral resources,” the Chief Minister’s letter had said. The state was the owner of iron ore resources which were non-renewable and could be extracted only once, he said adding that it was therefore important that the super normal profits from natural resources did not go to a few hands and that the community could get fair return. The surplus rent should accrue to the state which could be utilised for improving social and physical infrastructure, strengthen welfare measures besides improving livelihood of the people, Mr. Patnaik had said. “The Australian Government has announced that Mineral Resource Rent Tax of 30 per cent on iron ore which will be applicable from July 1, 2012. On the same line, a Mineral Resource Rent Tax should be levied on iron ore, to be charged at 50 per cent of the surplus rent and should accrue to the states. As and when surplus rent decreases the tax too will automatically decrease,” he had suggested.

The Hindu, 30 September, 2011, http://www.thehindu.com/news/national/article2500618.ece

Tagged with: Mining

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