The decision of the Group of Ministers (GoM) to force mining companies to share 26 per cent of their profits with local and project affected people hasn’t gone down well with the industry.Union Mines Minister B K Handique had said the Bill in this regard had been approved by the GoM.Hemant Nerurkar, managing director, Tata Steel, said: “I don’t think that is the way forward. Look at the world: no...
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Under pressure by Prafulla Das
The Naveen Patnaik government is facing court strictures and opposition criticism for irregularities in grant of mining leases. WHEN Naveen Patnaik stepped into his father Biju Patnaik's shoes and donned the mantle of leadership of the Biju Janata Dal (BJD) to become the Chief Minister of Orissa for the first time in March 2000, he was seen as a crusader against corruption. In his initial years in power, he did...
More »Ban on export of Iron Ore upheld
The Karnataka High Court on Friday upheld the State Government's ban on transport and export of Iron Ore. A Division Bench comprising Chief Justice J.S. Khehar and Justice S. Abdul Nazir passed orders upholding the Government Orders of July 26, 2010, and July 28, 2010, banning transport of Iron Ore and its export from ten minor ports. Thirty-two companies, including V.S. Lad and Sons, Kumaraswamy Minerals, Sesa Goa and others had challenged...
More »Tribal Communities Stand their Ground by Prince Mathews Thomas
Latehar, Hazaribagh and Gumla in Jharkhand, Bastar in Chhattisgarh, Chandrapur in Maharashtra, the Jaintia Hills in Meghalaya… the list goes on. These are all districts in India where mining companies are locked in a battle with the local population over the mining rights in these regions. Other than fighting mining companies, there are two factors common to all these regions. One, they have fertile land and dense forests. Two, indigenous tribes...
More »Orissa: POSCO trouble far from over
Even after five-and-half years since its inception, the biggest foreign Direct Investment (FDI) for the country, the POSCO steel project has failed to take off due to widespread opposition from several quarters. Now, the 51,000 crore project has run into more trouble as the environment clearance to the project seems unlikely. But the Orissa government has come to the fore, not just supporting the project but also moving the Supreme Court, filing...
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