-The Hindu Even as UPA-II and the Opposition are bracing themselves for confrontation in and outside Parliament over coal blocks allocations during 2004-09, the Prime Minister’s Office and the Coal Ministry are ready with their defence: the policy imperative was to augment production by supplementing Coal India’s efforts with private participation within the parameters of law. According to documents available with The Hindu , the arguments, which the government hopes to present...
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Coalgate: Opposition targets govt, Left seeks JPC probe
-The Times of India Opposition parties on Tuesday sought to put the government on the mat over the Coalgate scam front-paged by TOI with Parliament adjourned till noon and Left demanding a joint parliamentary probe on the reported Rs 1.8 lakh crore benefit to private companies. Opposition members stalled question hour in both Houses demanding a discussion on the CAG report. As soon as Rajya Sabha met for the day, Rajiv Pratap...
More »Industry chambers, mining bodies oppose new Bill
-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,...
More »New Mining Bill aims at equity, transparency by Sujay Mehdudia
The Mines and Mineral Development and Regulation (MMDR) Bill, 2011 approved by the Union Cabinet on Friday aims to ensure transparency, equity, elimination of discretion, effective redress and regulatory mechanisms along with incentives encouraging good mining practices, which will lead to technology absorption and exploitation of deep seated minerals. The menace of illegal mining in Karnataka and Goa continues unabated despite strong outrage against it. As many as 82,000 cases were...
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