-The Times of India Groundwater, a precious natural resource, is for all practical purposes a private property in India. Anyone can bore and extract water from the land he owns with few rules to restrict over-exploitation. But all this could soon change. Plans are afoot to alter laws and regulations to make groundwater a common property resource to ensure better regulation by government as a public trustee with the involvement of communities...

-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

The proposed liberalisation of the mining and minerals sector is an assault on the rightful owners of the land and its resources. Tribal and indigenous communities across the world have been asserting their rights to the mineral wealth often found under the land they own or possess or have traditional rights to. They have been historically denied even a share of that huge wealth, leave alone legal rights of ownership. Under...

A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...

The corruption paranoia, blamed for the policy paralysis at the Centre, is threatening to take a toll on Bengal by clouding the timetable of the much-delayed Jindal steel plant at Salboni. Banks and financial institutions are unwilling to give loans to the project because of uncertainties surrounding the mining sector. The Jindal project may require loans totalling Rs 10,000 crore in the first phase to build a 3-million-tonne plant. The proposed Salboni...