New Delhi In a major step towards women empowerment, the Centre is planning a new legislation that will make the woman of the house the chief beneficiary of the compensation for land acquired for mining projects. According to officials in the mining ministry, the move will not only ensure the compensation amount is spent wisely but also give women a bigger role in financial decision-making.
The draft new Mines and Minerals (Development and Regulation) Bill, 2011 — which is currently being vetted by a parliamentary standing committee — provides for sharing of 26% of profit by coal miners and an amount equivalent to royalty by others (in case of other minerals) with project-affected people. The money is to be distributed to beneficiaries through a District Mineral Development Fund.