The Mines and Minerals (Development and Regulation) Bill of 2010 stipulates that companies share 26 per cent profits from mining with project affected people besides paying for community development as part of corporate social responsibility (CSR).
The Centre on Thursday rejected demand for ban on iron ore export, but promised that stringent steps will be initiated to curb illegal mining.
During the debate on illegal mining in the Rajya Sabha, the mining activities in Karnataka were brought to focus by several members, including TDP Rajya Sabha MP Mysura Reddy.
Mines minister B.K.
Aditya Kant The state government is considering a proposal for setting up of new divisional level tribunals, which would deal with complaints and disputes concerning mining and a host of other acts.
Goa Rajya Sabha MP Shantaram Naik has strongly opposed nationalisation of mines and a blanket ban on the export of iron ore, even though, he said, he is personally inclined towards socialist policies.
