-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...

-The Times of India NEW DELHI: The Comptroller and Auditor General has constituted a special team to review allocations of at least 623 mines by the Rajasthan government in 2014-15. The report is expected to be finalized in three months. Though it is a regular audit process, the issue has assumed significance after Congress on Wednesday approached the central vigilance commission seeking a CBI probe alleging a Rs 45,000 crore scam in...

-The Hindu The Mines and Minerals Amendment Bill 2015 contains no provisions for consent from tribals for mining operations, but strengthens the rights of private sector mining companies Even as countrywide protests against the land ordinance gain momentum, Adivasi communities living in mineral-rich areas are apprehensive of what awaits them as the Mines and Minerals (Development and Regulation) Amendment Bill 2015 (MMDRA) has received presidential assent and the government has drafted Rules...

-Hindustan Times The issue of recovering the full extent of the value of our natural resources from parties to whom they are being assigned has reverberated throughout the economy ever since the Supreme Court delivered its judgements in the 2G scam (dealing with the State's earnings from selling spectrum) and on coal block allocations. In both instances, past practice and legal provisions had unwittingly handed these resources to parties at a pittance. Under...

-Economic and Political Weekly Much has been claimed on behalf of the Mines and Minerals (Development and Regulation) Amendment Act that has been enacted by Parliament, but the legislation has introduced a watered-down version of auctions, has many exceptions to legalise the old first-cum-firstserve approach, and ignores previous Supreme Court rulings on measures to ensure sustainable development. E A S Sarma (eassarma@gmail.com) is a former Union Power Secretary. With a brute majority in...