-The Times of India   The Mines and Minerals (Development & Regulation) Bill, cleared by the cabinet last week, signals that the government`s heart is in the right place. Under its provisions, coal firms must share 26% of their net profits with project area residents, while non-coal miners will have to provide them a sum equal to royalty paid to state governments. No system is in place at present to properly compensate...

The 12th Plan Approach Paper looks upon land more as raw material for mining and industrialisation than as a source of livelihood for the poor. DESPITE a fast economic growth, more than 60 per cent of the population of India is still dependent on land. The 12th Plan Approach Paper, however, looks upon land not as a source of livelihood for the poor but as raw material for mining and industrialisation....

“There is never enough rice to go around for the whole family,” says tribal woman Leela   With a handful of grain and a head full of recipes, Leela cooks rice in a pot balanced on three stones in a room with a few bricks knocked out to let in sunlight in this village barely 150 km from Raipur, Chhattisgarh capital. When rice is scarce, she adds more water to make a broth,...

-The Economic Times   Pressure from within and outside the government has forced Planning Commission Deputy Chairman Montek Singh Ahluwalia to clarify that the Tendulkar Commission's poverty line was, "not meant to be an acceptable level of living for the aam aadmi." Ahluwalia said a new methodology will be worked out to determine entitlements of beneficiaries under various schemes for poor. A Socio-Economic and Caste-Economic census was also underway to survey all rural...

-The Business Standard   Mining companies have warned of a price spiral in commodities once the new mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty sharing impacting it by an estimated Rs 15,000 crore every year. This would include a Rs 12,200-crore hit on non-coal mining companies and Rs 2,800 crore on coal miners. “The provisions of this Bill will affect the industry badly,”...