-The Deccan Chronicle The approval by the Cabinet of the Mines and Minerals Development Regulation Bill is clearly meant to facilitate the acquisition of land in the mineral-rich districts of the country. Several large projects, including those of the richest non-resident Indian, Mr Lakshmi Mittal (Arcelor), and the South Korean giant Posco have been held up because of serious objections and protests from the affected tribal populations. The bill stresses on...
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Land for landed by NC Saxena
The 12th Plan Approach Paper looks upon land more as raw material for mining and industrialisation than as a source of livelihood for the poor. DESPITE a fast economic growth, more than 60 per cent of the population of India is still dependent on land. The 12th Plan Approach Paper, however, looks upon land not as a source of livelihood for the poor but as raw material for mining and industrialisation....
More »No green nod if EIA reports copied: MoEF
-The Indian Express Taking a tough stand on rampant plagiarism in the preparation of Environment Impact Assessment (EIA) reports, the Environment Ministry has decided to scrap any project whose impact-assessment report is found to be a “copy-paste” job from other reports. EIA reports are a must to get mandatory ‘green clearances’ for projects. Project developers, which are mostly private firms, hire independent environmental consultants for the job. The decision to scrap such...
More »Mining sector needs large-scale reform
-The Economic Times India's new mining Bill has provisions which seek, rightly, to shovel money from mining companies to rural people affected by mining, but the devil could lie in the detail. The proposal has three defects. One, it seeks differential treatment for coal and other minerals - coal miners would share 26% of their profits, while miners of other minerals would give additional royalty payments. Pray, why? Two, it exempts...
More »Mining companies to take a hit of Rs 15,000 cr
-The Business Standard Mining companies have warned of a price spiral in commodities once the new mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty sharing impacting it by an estimated Rs 15,000 crore every year. This would include a Rs 12,200-crore hit on non-coal mining companies and Rs 2,800 crore on coal miners. “The provisions of this Bill will affect the industry badly,”...
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