A Parliamentary panel has recommended removal of the provision of 26 per cent profit sharing by coal and lignite miners with project-affected people and replacing it with a system based on royalty payments by the firms concerned.

The amendment was proposed by the Coal Ministry to the Standing Committee, headed by Trinamool Congress MP Kalyan Banerjee.

House panel approves provision in mining bill requiring a miner to disburse an amount equal to the royalty earned by the govt

AParliamentary panel that examined the proposed new Mining Bill has recommended that coal and lignite miners too be asked to share an amount equivalent to the royalty they pay to the government with the project affected people as against the proposed 26% of profit they make.
A clause in the new Bill had proposed that miners of major minerals like iron ore and bauxite contribute an amount equal to royalty towards a “district mineral foundation (DMF)”, and coal and lignite mines part with 26% of profits towards compensating the project affected. The industry is opposed to this proposal, saying that this would, in effect, take mining tax in the country to 69-70%, the highest in the world.

Union minister for environment and forests Jayanthi Natarajan has taken on agriculture minister Sharad Pawar, countering that Group of Ministers (GoM) headed by the latter cannot sit in judgment on

PANJIM: The Justice MB Shah Commission's third report on illegal mining in Goa will be drafted only after the Supreme Court verdict on the petition on illegal mining in Goa is out and it will address issues of illegalities involved in transfer of leases and illegal ore exports specifically in the last five or six years before all mining in Goa was halted by the highest court in the land.

Talking to Herald, Justice Shah said that he will begin "drafting the report only after the apex court clearance", and that the report would only come out after the Supreme Court order. “We are waiting for the SC to pass its verdict on the petition filed in illegal mining in Goa,” he said.

While the state government appears to be hyperactive in searching for areas where illegal mining occurred without any lease or permission, the team of experts carrying out operations has identified

Over 1000 Goans hit by the iron ore mining ban on Thursday began a 2-day "dharna" at Jantar Mantar near the Parliament House here under the banner of the Leftist Goenchea Mining Lokancho Manch (Goa

The inter-ministerial committee on ore linkage to industries within the State on a sustainable manner will request the State Government for more time to submit its report.

The Supreme Court judgment last week directing Orissa to hold gram sabha meetings in Kalahandi and Rayagada districts over whether bauxite mining can be allowed in the Niyamgiri mountains has opene