-The Hindustan Times More than 50 of the 60 coal blocks being reviewed by an inter-ministerial group (IMG) for inordinate delays face the risk of de-allocation if the projects are unlikely to kick off before 2013. This includes the possible cancellation of Mining Rights of seven captive coal blocks given to private companies during the BJP-led NDA’s rule between 1999 and 2004, top sources told HT. The IMG, headed by additional secretary...
More »SEARCH RESULT
Total Matching Records found : 430
Firms cashed in on coal blocks by selling stakes before mining -Gaurav Choudhury and Rajesh Ahuja
-The Hindustan Times The coal-block allocation scandal is increasingly looking like a sequel to the 2G spectrum scam as far as the behaviour of the companies involved is concerned. As was with the telecom scam, many of the “coalgate” companies that cornered the government-allocated resource — like the spectrum — have used it to raise money from the market at hefty valuations. Promoters of more than 10 companies are believed to have...
More »UK rights groups protest against Vedanta -Hasan Suroor
-The Hindu Activists of several rights groups held a protest here on Tuesday calling for mining group Vedanta Resources, an FTSE 100 company, to be struck off from the London Stock Exchange because of its controversial trade practices and human rights record. Carrying banners and raising slogans against its policies, the protesters gathered outside the venue of the company’s annual general meeting in central London and booed its shareholders as they arrived. Senior...
More »Total ban on child employment on cards -Mahendra Kumar Singh
-The Times of India The Union Cabinet on Tuesday is expected to clear the proposal to amend the anti-child labour law which proposes a complete ban on employment of children up to the age of 14 in any industry — hazardous or non-hazardous. According to the proposal, children between 14 and 18 years can be employed, but only in non-hazardous industries with property safety mechanism. As of now, the Child Labour (Prohibition and...
More »New scheme for tribals on the anvil
-PTI In a bid to end exploitation of tribals, Government on Wednesday said it is formulating a scheme to ensure they get fair and remunerative prices for forest produce and working towards passage of a law on mines and minerals. Prime Minister Manmohan Singh also said that the government is considering a "new and effective" law to put an end to the "repulsive practice" of manual scavenging and to provide opportunities to...
More »
