August 17, 2010 2:19 PM

printer

Govt to draft a new law to address the issues relating to sharing of profits from mining operations

The government is in the process of drafting a new law which will address the issues relating to sharing of profits from mining operations in a better way. In a written reply in the Lok Sabha, the Mines Minister, Mr B K Handique said under the proposed law, the Centre will also have a say with regard to mining activities. He said several options in this regard are also under consideration of the government. The Minister said the government has also commenced preparation of a draft Sustainable Development Framework for ensuring sustainable mining in line with the directions contained in the National Mineral Policy of 2008 which will take into account the concerns of all stakeholders, particularly the tribals.

Most Read
View All arrow-right

No posts found.