-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...

-The Hindu   ‘The mechanism for compensating the affected people is not clearly defined and has many limitations' Industry chambers led by Confederation of Indian Industry (CII) and FICCI on Friday sought a review of the Mines and Minerals (Development and Regulation) Bill, 2011 approved by the Union Cabinet stating that the industry was concerned on Royalty, profit sharing and the methodology of providing assistance to project-affected persons. In a statement here, Rana Som,...

For non-coal firms, amount will be equivalent to their Royalty The Union Cabinet on Friday approved the landmark Mines and Mineral Development and Regulation (MMDR) Bill, 2011 that provides for mining companies to keep aside 26 per cent of their net profits for a Mineral Development Fund to be used for the development and rehabilitation of project-affected people in tribal areas. For the non-coal companies, the amount will be equivalent to...

-The Times of India   The Union Cabinet is set to approve a new law that will provide more rights to tribals in commencement and end of mining activity besides providing Rs 10,000 crore annually to 60 tribal-dominated districts. The bill for the new mining law and the repeal of the Mines and Minerals (Development and Regulation) Act, 1957 is on the agenda for the Cabinet meeting scheduled for Friday. The bill, expected...

The Seed Bill 2010 -- which stayed in controversy because its initial draft seemed to favour agri-business rather than the farmer -- is now ready to get debated and passed in the current session of Parliament. Despite consultations, first in a Parliamentary Standing Committee and later in an all party meeting, a large number of farmers’ unions, opposition parties and civil society groups believe that the Bill fails to protect...