CSE welcomes the governments proposal to provide 26 per cent of mining profits to local communities
Submitted by susan on Sat, 2010-08-21 23:53
CSE welcomes the government’s proposal to provide 26 per cent of mining profits to local communities. Says that benefit-sharing proposed by MMDR Act 2010 is in line with global best practices & refutes industry’s contention that it will hurt the mining companies.
Centre for Science and Environment (CSE) says the provision of benefit-sharing envisioned in the proposed Mines and Minerals (Development and Regulation) Act, 2010 is the “first step towards repairing and repaying the damages done to poor communities living on mineral-rich lands” and critiques industry’s reported reticence in sharing its profits with project-affected people.
See Also
Act: The Mines and Minerals (Development and Regulation) Act 2010
Opinion: We need to regulate mining, not control it’
Feature: Mine owners, loosen purse strings
Opinion: Bullets are not the answer to development
Policy: Model State Mineral Policy, 2010
Report: N C Saxena panel report http://www.indiaenvironmentportal.org.in/content/n-c-saxena-panel-report-investigation-proposal-orissa-mining-co-bauxite-mining-niyamgiri
In-depth: A guide to India's wealth
http://old.cseindia.org/programme/industry/mining/home.htm#
Attachment(s):
Main Topic:
Mark Content Private(Internal):
External URL:
http://www.cseindia.org/content/cse-welcomes-government%E2%80%99s-proposal-provide-26-cent-mining-profits-local-communities
Main Type:
Email Alert:
0
Publication Date:
21/08/2010