-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...

-Down to Earth Ordinance to reform the mining sector will do more harm than good SOON AFTER President Pranab Mukherjee signed the ordinance to amend the archaic Mines and Minerals (Development and Regulation) Act of 1957, Union minister for steel and mines, Narendra Singh Tomar, announced it is a revolutionary step towards reviving the country's mining sector. His ministry highlighted that the Mines and Minerals (Development and Regulation) Amendment Ordinance, 2015 will address...

-Economic and Political Weekly   The stage is all set for the resumption of iron ore mining in Goa after it was suspended in the state in 2012, to curb its indiscriminate and illegal mining. The Goa government's decision to renew the Mining Leases comes at a time when the economics of iron ore mining have changed and environmental concerns have gained more prominence. Pamela D'Mello (dmello.pamela@gmail.com) is a Goa-based journalist. The state government...

-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...

-Business Standard A committee set up to review laws related to protection of environment and forests, headed by former Cabinet secretary T S R Subramanian, has recommended an omnibus green law that will not only subsume existing legislation, but also hold the potential to undo existing judicial pronouncements on environmental issues. The proposed law will also do away with all existing authorities created under the Environment Protection Act, 1986. The panel's report,...