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National Mineral Policy Review - A Golden Chance for Change -Rahul Basu

-TheWire.in While illegal mining is worrying, what is little understood is the enormous loot that is taking place legally. Mineral owners sometimes receive less than 5% of the value of minerals. The three iron ore scams in Karnataka, Goa and Odisha have some things in common. There were widespread and diverse breaches of the constitution, laws, rules and regulations. The environment was badly damaged. The minerals were being exhausted. Enormous corruption was...

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Review Of Jean Dreze's Book, Jholawala Economics For Everyone -Maitreesh Ghatak

-NDTV Jean Dreze's new book, a collection of essays called 'Sense and Solidarity - Jholawala Economics for Everyone', starts with a beautiful and moving description of what he sees from his office in Ranchi University at the crack of dawn: hundreds of informal sector coal-Miners in Ranchi trudging miles with heavy loads of coal they have dug up, often from below the land from which they were forcibly displaced. Dreze quotes...

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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 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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How the NDA Diluted Tribal Rights to 'Save' Mining Companies From Losing Mines to Fresh Auction -Nitin Sethi

-TheWire.in Data compiled by the mines ministry notes several thousand hectares of mineable area has potentially been prevented from being auctioned, saving the companies that own them money and costing the exchequer in terms of revenue foregone. New Delhi: The Narendra Modi government changed regulations meant for protection of tribal rights, forests and environment in order to ensure that more than 130 mines do not face fresh auctions and are instead retained...

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