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Indian tax plans condemned by mining companies by Suvojit Bagchi

Mining firms have criticised the Indian government's decision to make them pay more tax to help develop tribal areas affected by the Maoist uprising. Various trade associations have denounced the bill, under which firms will pay upto 26% extra tax on profits. The new legislation is to be introduced during the new parliamentary session which started on Monday. Maoist rebels say they are fighting for the rights of indigenous tribal people and the...

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'Give more compensation to tribals' by Chetan Chauhan

-The Hindustan Times   After farmers, the Central government is looking for a higher compensation regime for forestland acquired from tribals and forest dwellers for various projects. The move comes after the rural development ministry issued a draft land acquisition bill providing for market-linked compensation to farmers and the demand by tribal groups for a national policy on the rehabilitation of tribals displaced by large-scale mining across India to end lop-sided growth....

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26% profit sharing to help increase production: Coal India

-The Business Standard   Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production. "The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production," Coal India Chairman NC Jha said. Coal India, the country's largest coal miner, is expected...

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Government panel says 'Go, No-Go' concept of forest area classification legally not tenable and should be abandoned by Sarita C Singh

A government panel has said the 'Go, No-Go' concept of forest area classification for clearances tocoal blocks is legally not tenable and should be abandoned. The environment ministry's ban on mining in areas of thick forest cover has locked away millions of tonnes ofcoal reserves. According to the power ministry, coal shortage is likely to hold up new power projects of over 17,000 mw aggregate capacity. This has triggered debate among...

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SATYANANAD MISHRA CHIEF INFORMATION COMMISSIONER IN WALK THE TALK WITH SHEKHAR GUPTA

In a season when every self-styled warrior against corruption is trying to look for a new weapon to fight it, my guest today is Satyananda Mishra, Chief Information Commissioner—someone who has in his control the strongest of those weapons, the RTI. Actually when it all began, nobody thought it would be so effective. In a period of five-and-a-half years, it has touched the hearts and minds of people. The number of...

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