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Industry worried about ramifications from Supreme Court's Odisha mining order -Meera Mohanty

-The Economic Times BHUBANESWAR: The Supreme Court’s landmark order imposing an estimated Rs 25,000 crore penalty on iron ore and manganese miners in Odisha continues to rattle the sector, with serious implications for mining operations across the country and clearances obtained in the past. The 144-page order has given ammunition to green activists to seek court orders against mines in Goa and other states, and strengthened their case in ongoing matters in...

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SC directs companies to pay Rs 17,576 crore for illegal mining in Odisha -Amit Anand Choudhary

-The Times of India NEW DELHI: In a major setback to mining companies indulged in illegal extraction of iron and manganese ore in Odisha since 2001, the Supreme Court on Wednesday cracked the whip and directed them to pay a compensation of about Rs.17,576 crore. A bench of Justices Madan B Lokur and Deepak Gupta ruled that the companies would be liable to pay back 100 percent of the price of mineral...

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SC Imposes 100% Penalty on Odisha's Illegal Mining -Jayajit Dash

-TheWire.in Mining companies on the hook include Tata Steel, Essel Mining & Industries Ltd, Indrani Patnaik, Rungta Mines, Serajuddin & Company and even state-run entities like Odisha Mining Corporation. Bhubaneswar: Dealing a body blow to the mining companies that unlawfully raised huge quantities of iron ore and manganese ore, the Supreme Court on Wednesday called for the recovery of 100% compensation in lieu of the excess ore lifted. Disposing of a writ petition...

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Odisha: SC says companies will face 100% penalty for illegal mining

-Scroll.in The court refused to order a CBI inquiry into connivance of officials in the Rs 60,000 crore scam, but directed the setting up of an expert committee. The Supreme Court on Wednesday said mining companies that had been operating without necessary clearances in Odisha would be subject to a 100% penalty on the price of the ore that had been illegally extracted. The court also said that the government’s policy...

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Why Are Cesses Meant For Workers' Social Security Being Abolished? -Bharat Dogra

-TheWire.in After the government cancelled certain cesses that were meant for labourers’ welfare in preparation for the GST, activists suspect that many such moves may be around the corner. Assaults on the hard-earned rights of several categories of workers have been on the rise in recent times, evidenced by the cancellation of cesses meant to be utilised for workers’ social security. If left unchecked, such changes can lead to much bigger losses...

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