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...

Halted by the government from mining bauxite in Niyamgiri in Orissa for the $1.7 billion aluminium project, Vedanata Resources on Tuesday said it has not violated any law and would look for alternate sources of the mineral. "Vedanta Resources Plc reconfirms that there has been no regulatory violations of any kind at the Lanjigarh Alumina refinery. We are not in possession of Niyamgiri mines and no mining activity will be undertaken...

Soon after stalling Vedanta's proposed bauxite mining project in Orissa, the Environment Ministry today said the licence granted to mining firms supplying the mineral to its alumina refinery is under scanner. "It appears that project proponent (Vedanta) is sourcing bauxite from a large number of mines in Jharkhand for the one million tonne alumina refinery (in Lanjigarh) that are not in possession of valid environmental clearance. "This matter is being...

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...