It approves 26 per cent share in profits for local people The draft bill proposes setting up of a fund to pay beneficiaries Final legislation likely to be introduced in the winter session of Parliament The Group of Ministers (GoM), headed by Union Finance Minister Pranab Mukherjee, on Friday approved the new Mining Draft Bill, including the provision that mining companies share 26 per cent of profits with local people affected by their...

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...

Underlining that acquisition of land was necessary for new industry and infrastructure, UPA chairperson Sonia Gandhi today said care should be taken to ensure this does not result in loss of fertile, productive tracts. “New industry and new infrastructure cannot be built without acquiring land. This is obvious. But land acquisition must be done in a manner that does not result in the loss of large tracts of fertile and productive...

KEY TRENDS   • Maternal Mortality Ratio for India was 370 in 2000, 286 in 2005, 210 in 2010, 158 in 2015 and 145 in 2017. Therefore, the MMRatio for the country decreased by almost 61 percent between 2000 and 2017 *14    • As per the NSS 71st round, among rural females aged 5-29 years, the main reasons for dropping out/ discontinuance were: engagement in domestic activities, not interested in education, financial constraints and marriage. Among rural males aged...

Congress President Sonia Gandhi said on Thursday that land acquisition should not result in loss of fertile land. "We must protect environment to ensure sustainable development. In whatever we do, we should not forget forest and environment," Gandhi said, adding, "Farmers should be provided adequate compensation." Sonia Gandhi's remarks come a day after The Supreme court dismissed an appeal by a farmer body and upheld the Uttar Pradesh government's land acquisition...