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Iron ore mining firms get Rs 140-cr jolt by Mahesh Kulkarni

Karnataka finds large-scale violations of state laws in its three districts. Karnataka has imposed Rs 140 crore in penalties on 13 iron ore mining companies in Tumkur for encroaching on government land and dumping mineral Waste, thereby causing damage to the environment. “We have conducted a suo motu joint survey with the departments of mines and geology, forest and revenue in Tumkur district and found that 13 iron ore mining companies have...

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Carbon markets essential to save fossil fuels: FICCI by Debasish Roy

Dr. Tishyarakshit Chatterjee, Secretary, Ministry of Environment & Forests (MoEF), recently underlined the need to design carbon markets to address the short-term needs of investors in manufacturing, save fossil fuels for the future and meet the compulsions of environmental probity, sustainability, entrepreneurship and innovation over a long period. Addressing the India Carbon Market Conclave 2011, organized jointly by FICCI and the MoEF, in partnership with The World Bank and the International...

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Draft land acquisition bill diluted to make it industry-friendly

-The Economic Times   The government has defended its new land acquisition bill as industry-friendly, refuting criticism that provisions contained in the legislation were retrograde and would push up costs for state-run and private companies. Industry groups had slammed the new Land Acquisition, Rehabilitation and Resettlement Bill (LARR) 2011, cleared by the cabinet earlier this week and tabled in parliament on Wednesday, saying it was "burdensome" and "anti-development". But Rural Development Minister...

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Land acquisition bill is a political bill: Jairam Ramesh

-IANS   Rural Development Minister Jairam Ramesh on Wednesday said the draft land acquisition bill is a "political bill which strikes a balance between social benefit and economic growth" and gave the "entire credit" for it to Congress general secretary Rahul Gandhi. Referring to the recent agitations over land acquisition in parts of Uttar Pradesh, Ramesh said Rahul Gandhi made "key contributions" in the draft Land Acquisition and Rehabilitation and Resettlement Bill,...

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Many holes to fill in land bill by Surojit Gupta & Subodh Ghildiyal

The UPA government's land acquisition bill was expected to fill gaps in the archaic 1894 act and streamline the process of land acquisition and ensure fair compensation to farmers and landowners. But even before the bill is introduced in Parliament murmurs of dissent are being heard. The Land Acquisition Amendment Bill, piloted by rural development minister Jairam Ramesh, has drawn fire from critics for legitimizing purchase of vast tracts of land,...

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