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 …
Even as the government has finalised its plan to make profit sharing with affected locals mandatory for companies in the coal mining sector as a compensation for area damage and displacement, the Planning Commission, the country
The Union Coal Ministry has warned companies which are sitting idle with coal and lignite blocks that have been allotted to them to start work early or face cancellation of their contracts. As many as seven companies have been warned for delaying mining which was having an adverse impact on …
New Delhi Taking forward its crusade against firms sitting idle on coal and lignite blocks allocated to them, the coal ministry has issued warnings to another seven firms, asking them to either develop the blocks or get them cancelled.
