-The Economic Times While attention has been riveted on illegal mining in Karnataka and Andhra Pradesh, thanks to the Supreme Court-ordered probe into the activities of key players, environmental activists and political parties have now turned their gaze to Congresscontrolled Goa. The western coastal state, which has rich deposits of iron ore, has now turned alive with charges of a Rs 8,000-crore mining scam. Goa Chief Minister Digambar Kamat's role, which has...
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Coal mining policy: The dismantling of the 'go, no-go' policy may do little to improve supplies of coal by Avinash Celestine
In March this year, the Central Bureau of Investigation (CBI) raided the houses and businesses of a few top industrialists in Dhanbad, Jharkhand, home to one of the subsidiaries of India's biggest coal miner, Coal India (CIL). Dhanbad is more widely known in popular imagination as home of the infamous 'coal mafia', which spread a reign of terror across the coal mining districts of the then undivided Bihar in the...
More »JSW Bengal faces fresh roadblocks Ishita by Ayan Dutt
Mamata Banerjee’s assurance over land allotment, coal access falls flat. Two weeks after West Bengal Chief Minister Mamata Banerjee assured JSW Steel vice chairman and managing director Sajjan Jindal that all issues will be ironed out, fresh problems, including capping access to coal mines have struck the state’s largest investment. A number of riders are creeping into the terms and conditions set forth in the development agreement that JSW Steel had signed...
More »Coal mining: Centre dumps 'go, no-go', dubs it illegal by Neeraj Thakur
Less than two years after splitting coal mining zones into ‘go and no-go’ — a move that has stalled almost every big-ticket coal mining project in India — the government is scrapping the policy. The Ministry of Environment and Forest (MoEF), which had framed the policy guidelines along with the Ministry of Coal, on Tuesday accepted that the categorisation of ‘go and no-go’ did not have any legal sanctity. The move was...
More »Can Posco Cross the India Barrier? by Prince Mathews Thomas
The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...
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