Differences between the law and mines ministries have widened on the issue of allowing mineral exports (of iron ore), with the law ministry demanding changes in the draft Mines and Minerals (Development & Regulation) Bill 2010 to ensure conservation of minerals.

Subhomoy Bhattacharjee

Raipur: The sal seed harvested by tribals through large parts of Naxalism-affected districts of Orissa and Chhattisgarh is bought by global chocolate manufacturers. But those chocolates cannot come to India.

Under the Food and Adulteration Act, use of butter extracted from sal seed in place of cocoa is prohibited in the country.

Nayanima Basu / New Delhi June 9, 2010, 0:33 IST

The steel ministry has proposed to introduce stricter norms for iron ore exports by way of bringing in a grading system for duties. It is also considering eligibility criteria for exporters or companies engaged in the activity to discourage exports of all grade of iron ore and increase its availability for the domestic players.

DR Dogra

Weightage will be numerical in l character and enable a composite ranking based on the bid price and marks assigned for each criterion

SEEKING to fulfill a long-felt need for a transparent mineral concession regime, the government is all set to empower the states to start competitive bidding for granting of mining leases. Currently the leases are granted on the first-come-first-served basis.

It Allegedly Changed The River Mouth Towards The Village To Protect Its Lignite Mine

IF ILLEGAL MINING IS RAMPANT IN NAXAL-AFFECTED STATES,

Bhubaneswar: The Orissa mining scam, billed by some as the biggest loot of public property ever, has shocked even those who know little of the nitty-gritty of mining operations. In a nutshell, ores were extracted from mines much beyond the permitted limit. In many cases, mining was done without any permission in hand. The trend is still continuing.

New Delhi: The government plans to force foreign and domestic mining firms to share a quarter of their net profit with local communities, seeking to undercut a sense of alienation among its rural poor opposed to giving up land for industry.

Karnataka has reconfirmed its status of being one of the premier investment destinations in the country by sewing up investments totalling over Rs 4 lakh crore this year. As part of the two-day Global Investors Meet (GIM) that began Thursday over 400 MoUs will be signed, some of which involve global giants such as Posco, ArcelorMittal, Infosys, Wipro, Essar, GAIL and the Aditya Birla Group.