Existing and prospective industry and mining players of Jharkhand are apprehensive about the draft mining bill, which seeks to make them share 26 per cent of profits with locals. A group of ministers (GoM) approved the draft bill on September 17. Speaking to The Telegraph, Jindal Steel & Power Limited’s (JSPL) senior deputy general manager (corporate affairs) V.P. Sharan said: “The proposed clause — sharing profits with local people — sounds...

RAM KARUTURI, the world’s largest rose grower, calls it a situation that needs immediate intervention. Else, he is sure the rush of Indians to Africa will ebb to a trickle, which, in turn, could have serious implications as ethnic tensions with the locals are slowly, but steadily, rising in some parts of the continent. The hub of the crisis is Gambela, one of Ethiopia’s nine states, for long starved of investment....

A three-member central team reached the cholera-hit Rayagada district today to review measures being taken by the authorities to check the epidemic. The team visited Kalayansinghpur, the worst-affected block of the district. More cases of cholera deaths were also reported from across the district. While the official death toll stood at 40, unofficial sources claimed that the epidemic had already claimed more than 75 lives in Rayagada district alone. The number...

It approves 26 per cent share in profits for local people The draft bill proposes setting up of a fund to pay beneficiaries Final legislation likely to be introduced in the winter session of Parliament The Group of Ministers (GoM), headed by Union Finance Minister Pranab Mukherjee, on Friday approved the new Mining Draft Bill, including the provision that mining companies share 26 per cent of profits with local people affected by their...

Atleast 35 people, mostly adults, have died of various infections, including swine flu, at Warud in Amravati district in a month, with seven deaths occurring in the past 24 hours. The town, which is famous for its orange cultivation, is around 100 km from Nagpur. Health officials blamed the high casualty number on a recent policy change. The government centralised purchase of medicines for public hospitals earlier this year citing corruption...