The Mines Ministry today said it is finalising plans to make it mandatory for companies to share 26 per cent of profit from their mining projects with the displaced persons. Mines Secretary S Vijay Kumar told reporters in New Delhi that though some industries had opposed the scheme, but the government is working on the proposal. He said, the proposed compensation scheme in the new mining bill is being “fine tuned” by the ministry and then, it will be sent to the panel of ministers for approval. Mines Minister B K Handique had earlier said that his ministry is hopeful of introducing the new mining bill in the current session of Parliament, so that it is finally cleared in the winter session of the House.However, some sections of the industry are opposed to the proposal of 26 per cent profit sharing with persons losing their land to projects.Industry bodies like FICCI, Federation of Indian Mineral Industries (FIMI), had also opposed the Mines Ministry's earlier proposal of 26 per cent equity sharing with the displaced, saying it is complex and unviable.As per the proposed compensation scheme, 26 per cent share in profit (from mining) and one per cent symbolic share will be given to those who lose their land to mining projects.