Mamata Banerjee’s assurance over land allotment, coal access falls flat. Two weeks after West Bengal Chief Minister Mamata Banerjee assured JSW steel vice chairman and managing director Sajjan Jindal that all issues will be ironed out, fresh problems, including capping access to coal mines have struck the state’s largest investment. A number of riders are creeping into the terms and conditions set forth in the development agreement that JSW steel had signed...
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Coal mining policy: The dismantling of the 'go, no-go' policy may do little to improve supplies of coal by Avinash Celestine
In March this year, the Central Bureau of Investigation (CBI) raided the houses and businesses of a few top industrialists in Dhanbad, Jharkhand, home to one of the subsidiaries of India's biggest coal miner, Coal India (CIL). Dhanbad is more widely known in popular imagination as home of the infamous 'coal mafia', which spread a reign of terror across the coal mining districts of the then undivided Bihar in the...
More »Bad weather stalls rescue ops in Sikkim by Caesar Mandal
Torrential rain and fresh landslides on Saturday hampered search and rescue operations in North Sikkim's quake-affected areas. The death toll of the Sikkim quake stood at 77. Prime Minister Manmohan Singh will visit Sikkim on September 27. He will fly over north Sikkim for an aerial survey of the quake-hit areas. State information secretary Karma Topgay said the Sikkim government will give him a memorandum about the assistance needed from the...
More »India Inc balks at Land Acquisition Bill
-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...
More »Coal mining: Centre dumps 'go, no-go', dubs it illegal by Neeraj Thakur
Less than two years after splitting coal mining zones into ‘go and no-go’ — a move that has stalled almost every big-ticket coal mining project in India — the government is scrapping the policy. The Ministry of Environment and Forest (MoEF), which had framed the policy guidelines along with the Ministry of Coal, on Tuesday accepted that the categorisation of ‘go and no-go’ did not have any legal sanctity. The move was...
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