-The Economic Times A group of ministers formed to approve the draft mining Bill, has agreed to earmark 100% of the royalty paid by major mineral mining companies , to compensate people displaced by such projects. The panel, chaired by finance minister Pranab Mukherjee , which met on Thursday , also agreed to earmark 26% of the profit made by coal mining companies, in favour of people directly affected ,...
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Tactical retreat by Prafulla Das
The Orissa government suspends the land acquisition for the Posco project in the face of stiff opposition from the people. SIX years ago, when the South Korean steel giant Posco arrived in Orissa with the biggest ever foreign direct investment that had come the country's way, it was expected to help rid the economically backward State of its ‘poor' tag and bring prosperity. Posco had won the $12 billion deal at...
More »‘Fools for forests' speak out against coal mining in forests by Madhur Tankha
Greenpeace India's ongoing campaign, “Fools for forests”, has received a tremendous response from people from diverse professional backgrounds primarily due to wholehearted support from the who's who of Bollywood. The campaign has attracted more than 30,000 people who have pledged their support to it. According to Bollywood actor Vinay Pathak who is renowned for his wisecracks, he is extending support to the campaign not to gain mileage but because he feels strongly...
More »Jairam Ramesh okays mining proposals on fringes of Hasdeo-Arand forest
-The Economic Times Environment minister Jairam Ramesh has approved two mining proposals - one by Iifco and the other by the Rajasthan Rajya Vidyut Utpadan Nigam - on the fringes of the Hasdeo-Arand forest region in Chhattisgarh. Ramesh set aside the recommendation of the statutory body of the environment ministry, the Forest Advisory Committee , to reject the proposals. With Thursday's order, coal mining will be allowed in Tara, Parsa...
More »Jairam loses “no-go” battle, allows coal mining in forested Hasdeo Arand
-The Hindu Blocks not actually within the biodiversity-rich region, he says Stage-I forest clearance granted to three blocks in the region Ramesh over-ruled advice of his own Forest Advisory Committee to grant approval The bastion of Hasdeo-Arand has finally been broken. One year after saying that the coalfields of this heavily-forested, mineral rich region of Chhattisgarh would never be open to miners, Environment Minister Jairam Ramesh has finally granted a stage-I forest clearance to...
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