The National Mining Regulatory Authority will review sectoral issues and advise the government on policy and strategy, including royalty rates, and would have the power to investigate and launch pr
Yielding to pressure from Chhattisgarh and Orissa governments, the Group of Ministers (GoM) has recommended competitive bidding for direct prospecting licences in mineralised areas.
The State Board has issued detailed guidelines from time to time to facilitate the process of grant of consent to establish/ consent to operate and to suitably guide/ advise the industries for taking appropriate measures for abatement of pollution.
New Delhi: The draft Mines and Minerals (Development and Regulation) Act has been changed to make competitive bidding the sole criterion for awarding of mining and prospecting licences.
The draft is ready to go to the cabinet and if cleared is likely to be tabled in the monsoon session of Parliament.
If the Act is passed, except in some specific cases, the first in line system of awa
Mining companies must share profits with local communities says this latest CSE report. Supports the proposal to share 26 per cent net profits and shows that mining industry’s opposition to this has no basis.
The proposed mining law amendment will end the current practice of diversion of benefits meant for people affected by projects in their areas, in the form of royalties, by state governments to their own coffers.
PANJIM, Putting the brakes on illegal and excess movement of mining trucks, the state Mines and Geology department, has recommended giving specific days for each mine to ply their trucks so as to reduce traffic congestion along the mining belt, as part of a series of measures enlisted in a proposal forwarded to the state government on Wednesday for its approval.
A senior official said that the de
Bhubaneswar: Concerned over the unholy cartelization by the mineral transporters in the mining belt, the Odisha government on Monday asked the concerned district collectors and the Superintendent of Police to find out a mechanism to regulate the ever increasing transporting rates.
Besides, the government has also directed the SPs in concerned districts in the mining belts to locate the illegal
The Union coal ministry has demanded changes in a controversial provision in the new mining legislation which asks companies to share, with local residents affected or displaced by a project, an amount equal to the royalty paid if higher than 26 per cent of their profits.
The ministry is worried about this having an adverse impact on the profitability of coal companies, particularly government-
