Judgment of the National Green Tribunal, May 27, 2025 in the matter of Sumit Saini Vs Shree Ram Steel Industries & Others. Sumit Saini, resident of village Damla, District Yamuna Nagar, Haryana had sent a letter petition dated May 14, 2022 to the NGT. The application said that around 25 …
There are red faces in the Congress over a difference of opinion between AICC Treasurer Motilal Vora and the state unit in Chhattisgarh over the proposal to award a mining lease to a Delhi-based company Pushp Steels & Mining Pvt. Limited. The chief of the party’s state unit, Nand Kumar …
Mines ministry consults SEBI, banks, Edelweiss for apt market models The government is exploring options to create innovative market structures that would attract investment in the exploration of minerals, an activity that typically requires commitment of large sums of money. The ministry of mines, in consultation with markets regulator SEBI, …
Sustainable mining is an oxymoron. Environmentalists will tell you this. Mining—coal to limestone—takes away forests, devastates mountains and leaves the land pockmarked. It also destroys livelihoods of people and displaces them. Worse, modern, mechanised mining takes away livelihood based on land but does not replace it with local employment—all estimates …
The Mines and Minerals (Development & Regulation) Bill 2011 is all set to be placed before the Union Cabinet for approval next week. The Bill which has been designed to address illegal mining and mandate the miners to compulsorily share their profits earned from mining operations is likely to be …
The Orissa government has failed to keep its commitment for renewal of the revised agreement with Posco-India for the 12-million tonne steel plant near Paradip by July end, as the South Korean company has not agreed to key conditions in the revised agreement. Even as the tenure of the previous …
Sustainable mining is an oxymoron. Environmentalists will tell you this. Mining – from coal to limestone – destroys forests, devastates mountains and leaves the land pock-marked. It also destroys people’s livelihoods and displaces them. Worse, modern, mechanised mining hurts livelihoods based on land but does not replace them with local …
New Delhi: The Supreme Court on Friday stopped iron ore mining in Karnataka’s Bellary district after its environmental panel warned that the forest cover of the region would be completely destroyed by the unlawful operations of mining barons whom the Centre and state governments have failed to stop. “Largescale illegal …
Bhubaneswar: Steel and mines minister Raghunath Mohanty on Monday said that it was not possible and desirable on the part of the state government to be in the mining business. Reacting to the suggestion of the Union chemical and fertiliser minister Srikanta Jena that the state government should bring all …
Yielding to pressure from Chhattisgarh and Orissa governments, the Group of Ministers (GoM) has recommended competitive bidding for direct prospecting licences in mineralised areas. The move effectively seals the fate of the mines ministry
This draft MMDR bill approved by Group of Minister headed by finance minister Pranab Mukherjee recommends that coal miners should share 26% profit with locals & there should be 100% royalty sharing with locals for non-coal miners. A bill to consolidate and amend the law relating to the scientific development …
FIMI claims it will affect miners to the tune of Rs.15,000 cr The Union Mines Minister, Dinsha Patel, on Monday said the landmark new draft Mines and Mineral Development and Regulation Bill, 2011, which provides for profit sharing and royalty provision for affected people, would be sent for approval of …
Mines Ministry Does a U-Turn, Now Wants Miners to Share 26% of Royalty With Locals Earlier, former mines minister BK Handique had stressed that miners share 26% of their net profits In a reversal of its earlier stance, the mines ministry has now suggested that the miners share 26% of …
A Group of Ministers (GoM) chaired by Pranab Mukherjee is expected to finalise a methodology for sharing of mining profits with local residents when it meets on July 7. The meeting, likely to be the last, will decide if miners should part with a percentage of profits or continue to …
The mines ministry has ruled out granting captive iron ore mines for the proposed Ultra Mega Steel Plants (UMSPs) to be set up across the country. The ministry has instead suggested that assured supply of ore can happen through a separate linkage policy. It has made out a strong case …
Bhubaneswar: The Odisha government on Wednesday said that the state government is hopeful of renewing the MoU with Posco India by June-end but a decision on the controversial iron export clause has not been taken yet. The steel and mines department is examining whether to delete the provision. The renewed …
New Delhi Following divergent views among various government wings and user industries, the Ashok Chawla panel on pricing and use of natural resources is likely to drop its proposal for a designated natural gas trading agency to buy the clean fuel from gas producers at contracted prices and sell it …
The revised memorandum of understanding (MoU) with Posco India may not include the earlier controversial clause on iron ore swapping. The earlier MoU has expired and a new one is being prepared. The said clause allowed the company to export 30 per cent of the 600 million tonnes of iron …
Busy fighting corruption charges, the government has decided to form two committees of secretaries (CoS) for revamping crucial processes which are at the root of corrupt practices. The committees will chalk out ways of implementing changes in the allocation of natural resources and the government
The Ministry of Mines, arguing that memoranda of understanding (MoUs) signed by mineral-rich states with steel or mining companies have no legal sanctity and are not enforceable, has directed the states to review existing agreements every six months vis-a-vis results and
