-The Hindu Both documents extensively discuss need for competitive bidding for scarce natural resources The fate of the Ashok Chawla Committee report on the allocation of natural resources suggests a wider government unwillingness to accept competitive bidding, auctions and market-linked pricing for scarce, natural resources lies at the heart of its 2G review petition. The Committee was set up on January 31, 2011, at the peak of the 2G scam expose and just...
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PM's fiat failed to block coalgate-Sanjay Dutta
The government continued to give away coal blocks without bidding even after a meeting headed by Manmohan Singh (in his role as coal minister) on October 14, 2004 decided that all future allocation would be through the competitive route, says a CAG report. The government auditors' draft report on performance of coal block allocations also says the Centre opted for the longer process of amending mining laws when it could have...
More »Chhattisgarh Vs Jayaswal throws light on murky mine sector-Ruchira Singh
The Chhattisgarh government has filed a writ petition in the Delhi high court against the Central government over Jayaswal Neco Ltd’s applications for mining leases in a case that throws light on the murky world of mining in India. The state alleges that the mid-sized steel-maker forged documents in its application to get iron ore mining leases in Rowghat in Bastar district and that the Union government directed it to consider...
More »New mining law unlikely before next year as Bill heads for closer look by Aman Malik, Liz Mathew & Ruchira Singh
The Mines and Minerals (Development and Regulation) (MMDR) Bill, which seeks to replace a decades-old mining law, was introduced in the Lok Sabha on Monday, but may become law only by next year as a parliamentary committee is now expected to examine it over the next few months, a mines ministry official said. “The standing committee will be looking at the Bill. They might take two-three months to examine it,” said...
More »Tribal panel chief protests bill snub by Pheroze L Vincent
The National Commission for Scheduled Tribes is upset that two important bills that would affect tribals have got the cabinet’s nod without incorporating suggestions given by the panel. “The ministries of mines and rural development failed to consult the NCST as mandated by the Constitution,” commission chairman Rameshwar Oraon told The Telegraph on Wednesday. Secretaries of both ministries had met Oraon, but what the NCST chief meant was the final drafts of...
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