-Live Mint The ministerial committee will formulate policy on the distribution of iron ore and other minerals  Orissa is forming a ministerial committee to formulate a policy on the distribution of iron ore and other minerals, suggesting supplies might get tightened further after a mining ban in Goa and negligible availability in Karnataka.   A notification on this was issued late on Tuesday. The committee has to “suggest measures of making iron ore, manganese ore,...

-The Indian Express Mining in India has come a long way in the last 50 years or so. From the Industrial Policy Resolution of 1957 to the National Mineral Policy (NMP) of 1993, and now to the NMP of 2008, it has shown a progressive shift towards bringing the private sector into exploration, mining and downstream value addition. However, the regulatory systems perhaps never managed to keep pace with developments on...

-The Indian Express Its report on the allocation of coal blocks is marred by a major legal error The legal fraternity celebrated the 50th anniversary of the Supreme Court of India in 2000 with a book, Supreme, But Not Infallible. The unusual title of the book was a powerful way for the legal fraternity to remind itself, and the public, that the highest court in the land is fallible, that it can...

-The Hindu “I seek the indulgence of the House… 3. …I want to assure Hon’ble Members that as the Minister in charge [for a part of the time covered by the report], I take full responsibility for the decisions of the Ministry. I wish to say that any allegations of impropriety are without basis and unsupported by the facts. 10. The observations of the CAG are clearly disputable. 11. The policy of allocation of...

-The Hindu The parliamentary stalemate continues on one of the greatest corruption scandals in Indian history. Allocation of natural resources has been a subject matter of public debate in the last two decades, particularly with the entry of the private sector in infrastructure development. Minerals are an important natural resource. The private sector has a great role to play in development of mineral-based industries. However, the policy of allocation of these...