It approves 26 per cent share in profits for local people The draft bill proposes setting up of a fund to pay beneficiaries Final legislation likely to be introduced in the winter session of Parliament The Group of Ministers (GoM), headed by Union Finance Minister Pranab Mukherjee, on Friday approved the new Mining Draft Bill, including the provision that mining companies share 26 per cent of profits with local people affected by their...

Seeks to implead himself in contempt proceedings in Supreme Court against his son In a new twist to the contempt of court proceedings initiated against advocate Prashant Bhushan for his interview in the Tehelka magazine levelling allegations of corruption against sitting judges of the Supreme Court, his father and former Union Law Minister, Shanti Bhushan, on Thursday filed an application alleging that eight of the 16 former Chief Justices of India...

In an apparent reference to former Chief Vigilance Commissioner (CVC) Pratyush Sinha’s recent comment regarding his “thankless” job, Union Law and Justice Minister M Veerappa Moily on Monday said senior officers weren’t expected to make such statements. Sinha had observed at an interview last week that the worst part of his “thankless” job was observing how corruption had increased as people became more materialistic. “I don’t want to name anyone, he...

The controversy following resignation of Justice Santosh Hegde, the Lok Ayukt of Karnataka, and the subsequent amends purported to have been made by the Karnataka Government has again highlighted the failure of the Lok Pal legislative history at the Centre and equally the passivity and reluctance of all political parties to pass this legislation, which is most urgently desired, if the attempt to control the rapid drift downward to political...

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...