KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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Oil and Natural Gas Extraction is not ‘Mining’, Says Wildlife Conservation Panel -Ayaskant Das
-Newsclick.in The move, paving the way for rampant hydrocarbon exploitation in and around some of the densest forests, will potentially benefit corporate bigwigs in the oil and natural gas sector. New Delhi: A wildlife conservation body under the Narendra Modi government has exempted oil and natural gas extraction from the definition of ‘mining’ activity, paving the way for rampant hydrocarbon exploitation in and around some of the densest forests of India which...
More »Mining sector -- unburdening the legacy issues -Richa Mishra
-The Hindu Business Line The government plans to bring in structural reforms in this crucial sector. But the devil lies in the detail India has huge mineral deposits, but the country’s mining sector is still suffering from legacy issues. Making a fresh attempt for a course correction, the Union Cabinet recently approved a blueprint to usher in reforms in the mining sector. This blueprint, which will be presented in the coming Parliament session,...
More »Ensuring occupational health and safety of mine workers
Nearly 24 fatal accidents and 47 serious accidents have happened in various coal mines of the country during this year till 31st August. Likewise, 18 fatal accidents and 13 serious accidents have taken place in non-coal mines during the same time period. The accident figures are low this year in comparison to the previous ones thanks to a lower demand for output from these mines against the backdrop of COVID-19...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
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