The government today indicated that domestic coal prices could see an increase if profit-sharing arrangements in the proposed Mines and Minerals Development and Regulation (MMDR) Act were implemented.
The new MMDR Act proposes that either 26 per cent of profit generated by a firm operating the mine or 10 per cent of the royalty, whichever is higher, is to be given to people affected by the proj
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/new-mines-act-may-fuel-coal-prices
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining-regulations
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/legislation
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
