Minerals are a finite and non-renewable resource, and must be exploited wisely in the larger interest of the State. While on the one hand, mineral exploration brings about increased economic activity and development of the State, it can have adverse social and ecological consequences which must be sincerely and adequately addressed in the interest of wellbeing of all the citizensof the State.
STEEL companies such as Ispat Industries, Essar and Rashtriya Ispat Nigam (RINL), may get access to captive iron ore mines for their steel making needs as government plans to give preferential raw material linkage to all existing steel making facilities that do not have captive source of their own.
The Union home ministry wants state governments to take proactive action against illegal mining as it has become a national security threat.
In a recent meeting with the states, the home ministry said that windfall profits from such mining of minerals and sand were being used by the mafia to aid extremist elements.
BHUBANESWAR: Opposition MLAs today demanded in the Assembly that the Vigilance, inquiring into the multi-crore mining scam, should be asked to investigate whether the Forest Conservation Act has been violated by owners of mines.
BHUBHANESWAR: Even as the Opposition launched a fresh attack on Chief Minister Naveen Patnaik amid media reports that he granted 40 mining leases as Union mines minister, the winter session of the Assembly was adjourned sine die on Saturday two weeks ahead of schedule.
A task force comprising four officials from the Central Ministry of Mines has reached Bellary on Sunday. The team will be inspecting various spots in the district from Monday to Saturday.
DILIP KUMAR JHA / Mumbai November 24, 2009, 0:15 IST
India exports 100 million tonnes of iron ore to China.
The Federation of Indian Mineral Industries (Fimi), the apex representative body of mining companies, has urged the government to vary the royalty rate for iron ore based on the content.
The steel and mines ministries are locked in a bitter turf war on amending the existing Mines and Minerals Development and Regulation (MMDR) Act. The mines ministry has proposed giving states full powers to allocate mining leases by removing the clause that requires them to seek Centre
A Bill to provide for the scientific development of mines and minerals under the control of the Union and the regulation of activities connected therewith. This Act may be called the Mines and Minerals (Development and Regulation) Act, 2009. It extends to the whole of India. It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
Illegal Miners With Prospective Licences Paid Money To Hawala Operators
MR Madhu Koda never claimed to be a dynamic leader. But as a minister for mines and later as chief minister of Jharkhand, he set new benchmarks in administrative dynamism.
