-Economic and Political Weekly Much has been claimed on behalf of the Mines and Minerals (Development and Regulation) Amendment Act that has been enacted by Parliament, but the legislation has introduced a watered-down version of auctions, has many exceptions to legalise the old first-cum-firstserve approach, and ignores previous Supreme Court rulings on measures to ensure sustainable development. E A S Sarma (eassarma@gmail.com) is a former Union Power Secretary. With a brute majority in...
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Hocking the family jewels for a song -Claude Alvares and Rahul Basu
-Hindustan Times The issue of recovering the full extent of the value of our natural resources from parties to whom they are being assigned has reverberated throughout the economy ever since the Supreme Court delivered its judgements in the 2G scam (dealing with the State's earnings from selling spectrum) and on coal block allocations. In both instances, past practice and legal provisions had unwittingly handed these resources to parties at a pittance. Under...
More »Tribunal rap for policy failure -Andrew W Lyngdoh
-The Telegraph Shillong: The National Green Tribunal (NGT) has "disapproved" of the Meghalaya government's not formulating appropriate policies and guidelines for coal mining while it found "no merit" in the government's defence for its inability to execute the tribunal's orders. "Without hesitation, we record our disapproval for the said conduct of the state of Meghalaya in not formulating appropriate policy and guidelines despite orders of the tribunal, even after lapse of a...
More »Tribunal relief for Meghalaya miners -Andrew W Lyngdoh
-The Telegraph Shillong: The National Green Tribunal (NGT) today allowed transportation of coal from Meghalaya while refusing to lift the interim ban on the mining of the "black diamond". After a series of hearings, the tribunal's principal bench provided partial relief to coal miners by permitting them to pay royalty on the extracted coal within 21 days from today. Transportation of the mineral would carry on until May 31, the bench ruled. "The...
More »Undermined -Srestha Banerjee
-Down to Earth Ordinance to reform the mining sector will do more harm than good SOON AFTER President Pranab Mukherjee signed the ordinance to amend the archaic Mines and Minerals (Development and Regulation) Act of 1957, Union minister for steel and mines, Narendra Singh Tomar, announced it is a revolutionary step towards reviving the country's mining sector. His ministry highlighted that the Mines and Minerals (Development and Regulation) Amendment Ordinance, 2015 will address...
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