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Naveen critical of new Mines Bill

-PTI   Dubbing union cabinet’s approval of the Mines Bill, 2011 as “too little and too late”, Orissa Chief Minister Naveen Patnaik today said it would not help poor people living in mineral rich areas. Mr. Patnaik’s reaction came shortly after the union cabinet approved the new Mines and Mineral Development and Regulation (MMDR) Bill, 2011. Stating that the new bill has provision for 26 per cent profit sharing on coal and an additional...

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CIC shield to protect RTI crusaders by Anahita Mukherji

Central Information Commission (CIC) has come out with a landmark resolution to combat unending assaults on right to information (RTI) activists. According to the resolution, if the commission receives a complaint regarding an assault on or murder of an information-seeker, it will examine pending RTI applications of the victim and order the departments to publish the requested information suo motu on their websites. The resolution was mooted by information commissioner Shailesh...

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Share in profits for tribal areas in new mining bill by Sujay Mehdudia

For non-coal firms, amount will be equivalent to their royalty The Union Cabinet on Friday approved the landmark Mines and Mineral Development and Regulation (MMDR) Bill, 2011 that provides for mining companies to keep aside 26 per cent of their net profits for a Mineral Development Fund to be used for the development and rehabilitation of project-affected people in tribal areas. For the non-coal companies, the amount will be equivalent to...

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New Mining Bill aims at equity, transparency by Sujay Mehdudia

The Mines and Mineral Development and Regulation (MMDR) Bill, 2011 approved by the Union Cabinet on Friday aims to ensure transparency, equity, elimination of discretion, effective redress and regulatory mechanisms along with incentives encouraging good mining practices, which will lead to technology absorption and exploitation of deep seated minerals. The menace of illegal mining in Karnataka and Goa continues unabated despite strong outrage against it. As many as 82,000 cases were...

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Industry chambers, mining bodies oppose new Bill

-The Hindu   ‘The mechanism for compensating the affected people is not clearly defined and has many limitations' Industry chambers led by Confederation of Indian Industry (CII) and FICCI on Friday sought a review of the Mines and Minerals (Development and Regulation) Bill, 2011 approved by the Union Cabinet stating that the industry was concerned on royalty, profit sharing and the methodology of providing assistance to project-affected persons. In a statement here, Rana Som,...

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