Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...

Faced with a massive public outcry and fierce opposition from tribals, the government has, in a landmark move, decided to give tribals and other affected populations a share of the profits made from exploiting mineral resources from their land. The Group of Ministers (GoM) headed by finance minister Pranab Mukherjee on Friday finalised the contours of the draft for a new mining bill, which makes it mandatory for mining companies to...

Chief minister Arjun Munda today chaired his first all-party meeting that resolved to meet the Prime Minister and request him for a package to help the state execute drought relief measures, signalling an effort to build consensus among his allies and the Opposition on serious and contentious issues facing Jharkhand. Attended by all ministers, except deputy chief minister Sudesh Mahto, who is away at Vaishno Devi for a pilgrimage — Chandra...

Finance minsiter Pranab Mukherjee has favoured a balanced approach on the issue of displacement of tribals due to mining projects, saying that solution does not lie in stopping these projects altogether. “Answer does not lie in the companies stopping mining activities. Answer lies in providing alternatives to those displaced... in what form we can compensate them and make them beneficiary of economic development,” Mr Mukherjee said at a coal summit on...

The minister for environment and forests, Jairam Ramesh’s order stopping Vedanta Aluminum Ltd and the Orissa Mining Corporation from mining bauxite in the Niyamgiri Hills to feed the company’s adjacent Lanjigarh aluminum refinery plant located in one of the country’s poorest districts in the name of tribal interest tends to miss the wood for the trees. It is based on the report of a four-member expert group under N C...