THE Jharkhand cabinet on late Wednesday cleared the much-awaited rehabilitation & resettlement (R&R) policy. This paves the way for kicking off a spate of mega steel and power ventures that have been hanging fire for years. A significant feature of the R&R policy is that the investors will have to distribute 1% of the annual net profit of the project among affected families every year. Also, the requiring body (read: investor) will have to spend 1% of their annual net profit for community development.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/jharkhand-okays-rehab-policy
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-acquisition
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rehabilitation
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/jharkhand
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ranchi-d