-PTI Being a strategic mineral resource, indigenous production can save the much-needed foreign exchange, in which laterites can play a significant role, like bauxite, which is mined from south Goa. Panaji (Goa): Iron ore reserves in Goa may exhaust in another 10 years and if there are too many companies involved in mining and the pace of excavation is high, the stocks may not even last for five years, an expert said...
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PM's plan for free gas connections is failing its objective - as government had been warned it would -Nitin Sethi & Aroon Deep
-Scroll.in A study commissioned in 2015 said that for the Pradhan Mantri Ujjwala Yojana to succeed, the price of gas cylinders would have to be reduced. In an interview to TimesNow on the weekend, Prime Minister Narendra Modi extolled the virtues of the Pradhan Mantri Ujjwala Yojana, which offers free gas connections to the rural poor. “What will be the ease of living for a poor woman, who uses a stove...
More »How will India address illegal sand mining without any data? -Ishan Kukreti
-Down to Earth New laws to regulate sand mining have not had much impact Illegal sand mining is a perennial problem in India. But it assumes gargantuan proportions right before the onset of monsoon because swollen rivers make Extraction extremely difficult during the rainy season. To make most of the lean period, mine owners and hoarders try to dig out as much sand as possible, through legal and illegal means, in...
More »SC directs companies to pay Rs 17,576 crore for illegal mining in Odisha -Amit Anand Choudhary
-The Times of India NEW DELHI: In a major setback to mining companies indulged in illegal Extraction of iron and manganese ore in Odisha since 2001, the Supreme Court on Wednesday cracked the whip and directed them to pay a compensation of about Rs.17,576 crore. A bench of Justices Madan B Lokur and Deepak Gupta ruled that the companies would be liable to pay back 100 percent of the price of mineral...
More »Tiger reserves: Economic and environmental win-win -D Balasubramanian
-The Hindu The headline in a recent PTI report “Saving 2 tigers gives more value than Mangalyaan”’ was intriguing, since it said that saving two tigers yields a capital benefit of Rs. 520 crores, while Mangalyaan cost us Rs. 450 crores. The headline was both exciting and hurtful. Excited by it, I contacted Professor Madhu Verma of the Indian Institute of Forest Management (IIFM), Bhopal, and she shared with me both...
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