The Ministry of Environment and Forest’s decision to stall the Vedanta project in Orissa must be understood. The ‘story’ is about a powerful company breaking the law. But it is equally about a development puzzle in which the richest lands of India are where the poorest people subsist. The N.C. Saxena committee has indicted the mining conglomerate on three counts of breaking the environmental laws. One, it took over and...

Faced with allegations of illegal mining in at least seven states, the government has proposed an independent regulatory authority with powers to investigate and prosecute those indulging in such activities. The proposed National Mining Regulatory Authority (NMRA) will replace the Indian Bureau of Mines, the current regulatory body, which according to the law ministry has not been effective. The NMRA is set to be given sweeping powers, including rejection of orders passed by...

National Advisory Council member and former bureaucrat N C Saxena headed the four member panel which recommended that Orissa Mining Corporation (the company that was to supply bauxite ore to Vedanta’s Lanjigarh plant) not be permitted to mine on Niyamgiri hill. ET spoke to Mr Saxena a few hours after the environment ministry accepted his committee’s recommendations. Excerpts from the interview: What are the implications of today’s decision? Some sections of corporate India feel that laws such as...

National Advisory Council member and former bureaucrat N C Saxena headed the four member panel which recommended that Orissa Mining Corporation (the company that was to supply bauxite ore to Vedanta’s Lanjigarh plant) not be permitted to mine on Niyamgiri hill. ET spoke to Mr Saxena a few hours after the environment ministry accepted his committee’s recommendations. Excerpts from the interview: What are the implications of today’s decision? Some sections...

The draft Mines and Minerals (Development and Regulation) Amendment Bill, or MMDR Bill, includes a crucial provision to share the wealth of mining — 26 per cent of the annual profits — with people who live near the projects. But industry wants this profit-sharing clause dropped. The Federation of Indian Mineral Industries (Fimi) says it will breed lazy people, who will only drink and beat up their women. The Confederation...