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Smoke in the woods -Sharachchandra Lele

-The Hindu The draft Forest Policy re-emphasises production forestry, raising many ecological and social concerns Government policy documents are statements of goals, priorities and strategies. If old strategies have failed or circumstances have changed, they should be revised. Given that our Forest Policy was last revised in 1988, changes are perhaps overdue. The new draft Forest Policy 2018, however, ignores the lessons from this period and returns to the state-managed forestry of...

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Forget job growth, employment in India actually fell between 2014 and 2016 -Manas Chakravarty

-Livemint.com Data from the latest KLEMS India database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...

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Why has coal mining been opened up?

-The Hindu The approved methodology for auction of coal mines / blocks for sale will prioritise on transparency and ease of doing business. The Centre opened up commercial coal mining for the private sector on February 20. About 70% of power generated in India uses coal. Domestic coal has been able to meet only 75% of our annual coal demand. * What is the significance of the move? The government has termed it the...

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Goa's iron ore reserves may exhaust within ten years, opine expert

-PTI Being a strategic mineral resource, indigenous production can save the much-needed foreign exchange, in which laterites can play a significant role, like bauxite, which is mined from south Goa. Panaji (Goa): Iron ore reserves in Goa may exhaust in another 10 years and if there are too many companies involved in mining and the pace of excavation is high, the stocks may not even last for five years, an expert said...

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National Mineral Policy Review - A Golden Chance for Change -Rahul Basu

-TheWire.in While illegal mining is worrying, what is little understood is the enormous loot that is taking place legally. Mineral owners sometimes receive less than 5% of the value of minerals. The three iron ore scams in Karnataka, Goa and Odisha have some things in common. There were widespread and diverse breaches of the constitution, laws, rules and regulations. The environment was badly damaged. The minerals were being exhausted. Enormous corruption was...

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