-IPS News RAYAGADA: Scattered across 240 sq km on the remote Niyamgiri hill range in the eastern Indian state of Odisha, an ancient tribal group known as the Dongria Kondh have earned themselves a reputation as trailblazers. Having fought – and won – a decade-long battle with a British mining giant that invested close to a billion dollars in a bauxite extraction operation in this mineral-rich area, the Dongria Kondh set an...

-Hindustan Times The issue of recovering the full extent of the value of our natural resources from parties to whom they are being assigned has reverberated throughout the economy ever since the Supreme Court delivered its judgements in the 2G scam (dealing with the State's earnings from selling spectrum) and on coal block allocations. In both instances, past practice and legal provisions had unwittingly handed these resources to parties at a pittance. Under...

-Economic and Political Weekly Much has been claimed on behalf of the Mines and Minerals (Development and Regulation) Amendment Act that has been enacted by Parliament, but the legislation has introduced a watered-down version of auctions, has many exceptions to legalise the old first-cum-firstserve approach, and ignores previous Supreme Court rulings on measures to ensure sustainable development. E A S Sarma (eassarma@gmail.com) is a former Union Power Secretary. With a brute majority in...

-Down to Earth Government takes ordinance route to clear Bill, allowing foreign companies to bid for mineral resources The BJP-led Central government has cleared an ordinance to facilitate the auction of minerals, including ores used to produce iron, manganese and aluminium. In a cabinet meeting on Monday, the government approved amendments to the 57-year old Mines and Mineral (Development and Regulation) Act. Among other changes, the amendments will allow multinational companies such...

-The Economic Times BHUBANESWAR: The Cabinet will soon consider amendments to the mining and minerals development and regulation (MMDR) Act, which will extend the reforms under way in the coal sector to minerals such as iron ore and bauxite, according to industry sources familiar with proposed changes in the 57-yearold law. The changes in the MMDR Act, which would stipulate that minerals other than coal, henceforth will also be allocated though...