More than a thousand villagers from Chhattisgarh's coal-rich Raigarh district have expressed their opposition to a mine proposed by Vedanta Resources, a giant multinational. Vedanta, if granted clearance, hopes to mine four million tonnes of coal a year to fuel the expansion of its 810-MW captive power plant on the Bharat Aluminum Company (BALCO) premises in Korba, Chhattisgarh. Vedanta acquired a 51 per cent stake in BALCO in 2001, and the...
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Navigators Of Change by Lola Nayar
As government, corporates seek to engage with NGOs, they gain new significance Brave NGO World? * The Planning Commission is courting NGOs for policy inputs, views on how to make plans work * NGOs and local activism forced govt to stall Vedanta, Posco plans * NGO opposition to snacks being served in schools changed plans to scrap hot meals * NGO have made the government rethink the Polavaram dam project ...
More »Coal ministry shoots down phased mining plan by Rishi Shah & Rajeev Jayaswal
The coal ministry has rejected the Planning Commission’s suggestion to allow phased extraction of coal from prohibited areas saying that the robust demand for coal from expanding steelmakers and power generators fast outpaces the plan to mine in stages. The Planning Commission had mooted the idea of phased coal mining in about 203 coalfields, that were earlier declared out-of-bounds for mining by the environment ministry. But strong mining potential at the restricted...
More »New world order will see farmers and miners in charge by Garry White and Rowena Mason
“All these people who got MBAs made a mistake,” according to Jim Rogers, the commodities investor, at the Reuters Investment Outlook Summit last month. “The City of London and Wall Street are not going to be great places to be in the next two or three decades. It’s going to be the people who produce real goods in charge – the farmers and the miners.” With commodities up 42pc since the beginning...
More »2010: Action-packed year for Environment Ministry
The Environment and Forests Ministry was in news throughout 2010 -- be it for Vedanta Resources, Posco and Lavasa -- or for Jairam Ramesh's aggressive green activism. While the ministry rejected the green signal to Vedanta for its $1.7 billion project to mine bauxite in the Niyamgiri Hills of Orissa noting that the company violated the environment and forests rules, it put the $12 billion project by South Korean steelmaker Posco...
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