The draft Mines and Minerals (Development and Regulation) Amendment Bill, or MMDR Bill, includes a crucial provision to share the wealth of mining — 26 per cent of the annual profits — with people who live near the projects. But industry wants this profit-sharing clause dropped. The Federation of Indian Mineral Industries (Fimi) says it will breed lazy people, who will only drink and beat up their women. The Confederation...
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Centre plans overhaul of mining sector by Sudheer Pal Singh
When former Karnataka Lokayukta N Santosh Hegde recently said that vested interests were controlling the mining industry, he was not exaggerating, considering that India registered over 182,000 cases of illegal mining across 17 states in the last five years alone. The Union government data show that Andhra Pradesh — the single largest contributor to the country’s mineral production of roughly Rs 1,28,000 crore — alone registered a 110 per cent increase...
More »GoM to discuss illegal mining, iron ore export ban by Sujay Mehdudia
A Group of Ministers (GoM) will discuss on Thursday issues pertaining to illegal mining, a ban on iron ore exports, the new mining legislation and setting aside a share in the profits of mining companies for the development of tribal areas. Officials of the Ministry of Mines said Minister B.K. Handique was pushing for the Ministry's proposal to make mining companies in tribal areas shell out a part of their equity,...
More »Chhattisgarh dubs new mining bill anti-tribal
The Chhattisgarh government has opposed a new mining legislation, which stipulates licence allocation on a first-come-first-serve basis, stating that it is “dangerous for tribals” and would lead to loss of revenue for the State. Chhattisgarh Chief Minister Raman Singh, who participated in the meeting of the National Development Council last week, said he has raised the issue with Prime Minister Manmohan Singh as well. “We have opposed the new mining legislation and...
More »Compromise on ‘no-go' coal fields by Priscilla Jebaraj
The Coal and Environment Ministries have reached a compromise solution on the controversial “no-go” designation of coal mining blocks in forested areas, following the reported intervention of the Prime Minister's Office (PMO). Speaking on the sidelines of a function here on Tuesday, Union Minister of State for Environment and Forests Jairam Ramesh said that while the final “go areas” will span 30,000 hectares more than his initial proposal, it was also...
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