-The Times of India The Supreme Court, while answering the presidential reference on the 2G judgment, took note of the coalgate scam that stalled Parliament and said whatever be the mode of allocation of natural resources, it can never be a handout for private players. Justice JS Khehar agreed with the majority opinion of the constitution bench on the reference that auction could not be termed as the only constitutionally permissible mode...

-The Indian Express Mining in India has come a long way in the last 50 years or so. From the Industrial Policy Resolution of 1957 to the National Mineral Policy (NMP) of 1993, and now to the NMP of 2008, it has shown a progressive shift towards bringing the private sector into exploration, mining and downstream value addition. However, the regulatory systems perhaps never managed to keep pace with developments on...

-The Hindu “I seek the indulgence of the House… 3. …I want to assure Hon’ble Members that as the Minister in charge [for a part of the time covered by the report], I take full responsibility for the decisions of the Ministry. I wish to say that any allegations of impropriety are without basis and unsupported by the facts. 10. The observations of the CAG are clearly disputable. 11. The policy of allocation of...

-The Hindu The Comptroller and Auditor-General’s report on the allocation of coal blocks, reviews how it took seven-and-half years to move the allocation procedure for captive coal blocks from a discretionary procedure to competitive bidding that was demonstrably transparent. It turns out that the process began within six weeks of UPA-I coming to power in 2004. Ironically, the amendment to the Mines and Minerals (Development and Regulation) (MMDR) Act rules for auction...

The proposed liberalisation of the mining and minerals sector is an assault on the rightful owners of the land and its resources. Tribal and indigenous communities across the world have been asserting their rights to the mineral wealth often found under the land they own or possess or have traditional rights to. They have been historically denied even a share of that huge wealth, leave alone legal rights of ownership. Under...