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Days of excessive profits are over-Ajay Dsouza

-The Hindu New, more fair and transparent norms for iron ore mining are now being put in place in many States Hit by debilitating mining curbs (including an outright ban in some States) and a clampdown on exports through high duties, India’s iron ore industry today is a pale shadow of what it was for much of the last decade, despite some recent forward movement on restarting iron ore mining in Karnataka,...

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Maoists out, another mining nod in Saranda-Anubhuti Vishnoi

-The Indian Express Forest clearance has been given to another mining project in Saranda forest, until recently a Naxal stronghold and part of core area of Singhbhum Elephant Reserve in Jharkhand. A month after the Environment Ministry’s Forest Advisory Committee gave the go-ahead for diversion of 500 hectares of forest land to Jindal Steel & Power Ltd for iron ore mining in fresh unbroken forest land, it has given clearance to SAIL...

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Jumbo con: Chhattisgarh fudges forest data for coal mining -Nitin Sethi

-The Times of India The Chhattisgarh government fudged records, concealed facts, changed policy and altered decisions while the Union environment ministry overlooked all such illegalities to open up 1,899 hectares for mining in Hasdeo Arand, one of the best patches of forests in central India. Initially, the Centre had decided to protect Hasdeo Arand by making it a no-go zone for Miners. The Chhattisgarh government too had moved to get the dense...

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India’s crackdown on illegal mining is a huge bonus for big Miners

-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

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The World Bank’s misdiagnosis-Himanshu

-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment  The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...

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