-Newsclick.in Allowing 100% FDI in coal mining is raising apprehensions that foreign companies will now ‘plunder’ mineral resources for commercial purposes for sale in the open market. The Narendra Modi government’s decision to allow 100% foreign direct investment (FDI) in coal mining has been opposed by the Left on the ground it would enable multinational mining companies to “plunder” the country’s mineral resources. Those supporting the move, however, argue that foreign investment in...
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Too much of reforms led to slowdown: NITI Aayog CEO
-The Hindu Amitabh Kant attributes downshift to spate of measures including GST, RERA and IBC New Delhi: A spate of reforms undertaken by the government has led to the current slowdown in the country, Amitabh Kant, the CEO of policy think-tank NITI Aayog, said on Friday. This came as a note of caution from the senior official as he was advocating a series of policy decisions to revive the economy. Greater liquidity “Firstly, you...
More »Centre's nod for mining in 170,000 hectares of forest in Chhattisgarh -Jayashree Nandi
-Hindustan Times Hasdeo Arand is one of the largest contiguous stretches of very dense forest in central India, spanning about 170,000 hectares. The Union environment ministry has given environmental clearance for open cast coal mining in Parsa in Chhattisgarh’s dense Hasdeo Arand forests, in a decision that could have far-reaching consequences for forest cover conservation in India. Hasdeo Arand is one of the largest contiguous stretches of very dense forest in central India,...
More »A tragedy that was long in the making -Patricia Mukhim
-Mongabay.com Illegal rat-hole mining in Meghalaya persists despite ruinous effects on the environment The efforts to reach the 15 miners trapped in an illegal coal mine in the East Jaintia hills of Meghalaya since December 13 continue, but they began belatedly and have faced many problems. Doomed from the beginning First, the Meghalaya government has no idea what happens inside these rat-hole mines, which are barely 2 ft wide, since mining is a private...
More »Miners in Meghalaya overlooked risks for higher pay -Rahul Karmakar
-The Hindu A majority of men in Bogidari in Chirang district have worked at some point in Meghalaya’s coal mines BOGIDARI: Mohammad Hussain Sheikh recalls how a letter from the sirdar (manager and mine supervisor) of a Meghalaya coal mine in 2002 had helped him heave a big sigh of relief. It simply read: “You are hired. Come before the season starts in a few days.” Mr. Sheikh, now 48, was desperate...
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