The mining sector in India constitutes the bedrock of industrial development as it provides the basic raw materials for most industries. During 2005-10, the mining industry registered a growth of 5.7%, thereby supporting the critical raw material requirements of the country. With the support of the mining industry, India
NEW DELHI: The Prime Minister's Office (PMO)-appointed panel is understood to have sought the intervention of the Union Cabinet to take a call on classification of coal bearing areas in the country as no mining zones and providing for alternative coal blocks to those who have been affected by this new
The Planning Commission is likely to moot a new formula to compensate land losers in mining projects, whereby the displaced will get an upfront payment from mining companies.
The commission would suggest the plan to the mining ministry shortly, and a clear picture was likely to emerge in the next two weeks, Planning Commission Member Arun Maira said on the sidelines of a seminar by the Institut
New Delhi: Large mining projects can be salvaged from potential political controversies if the government adopts the model used in oil and gas sector for exploration of other minerals too, the Confederation of Indian Industry president Hari Bhartia has said.
The recent order of the ministry of environment and forests (MoE&F) rejecting the application for grant of forest clearance to the Orissa Mining Company (the Vedanta project) has raised a number of important questions. The order cited the company
NEW DELHI: Seeking to adopt a holistic approach to the issue of mining and avoid a repeat of the Niyamgiri incident, the Mines Ministry will soon draw up a new policy that would clearly earmark regions that would be out of bounds for mining and those areas where projects could be taken up.
Official sources said the Ministry has prepared a draft policy and will seek the approva
The Meghalaya Mineral Policy has been drafted with an aim to
facilitate systematic, scientific and planned utilization of mineral resources
and to streamline mineral based development of the State, keeping in
view, protection of environment, health and safety of the people in and
around the mining areas.
