-The Times of India A new scam worth several thousands of crores has come to light. The Central Bureau of Investigation has started a probe into serious irregularities in awarding offshore mining blocks to private companies which did not fulfill the eligibility criteria. The CBI has registered a preliminary enquiry (PE) against officials of the Indian Bureau of Mines (IBM), the ministry of mines as well as private companies which secured licences...

-The Indian Express Mining in India has come a long way in the last 50 years or so. From the Industrial Policy Resolution of 1957 to the National Mineral Policy (NMP) of 1993, and now to the NMP of 2008, it has shown a progressive shift towards bringing the private sector into exploration, mining and downstream value addition. However, the regulatory systems perhaps never managed to keep pace with developments on...

-The Hindu Business Line Threaten to stop deliveries if system not in place by month-end The Government may have to take some quick decisions if it wants smooth delivery of domestic LPG cylinders. The All India LPG Distributors’ Federation today said that if the Government and the oil marketing companies fail to come up with a proper Enforcement mechanism by the month-end, then effective October 1, the distributors would be left with no...

-The Hindu The draft law on acquisition strikes a balance between development and justice for those who will be displaced in the process India is a rapidly industrialising economy and society with intense demands for better infrastructure from its people. The last 20 years have seen a great acceleration in this process, with India becoming one of the world’s fastest growing economies. However, for those whose lands were acquired for these purposes...

-Outlook At least five of the 13 coal blocks allocated when Madhu Koda was the Chief Minister of Jharkhand are under the CBI scanner for alleged irregularities in the applications submitted by the beneficiary firms. CBI sources said today preliminary investigations have shown there were alleged irregularities in the allocation of at least five coal blocks during the tenure of Koda--between September 2006 and August 2008. During the two-year period, the sources said...