October 30, 2017

Minerals are the natural resources most easily converted to cash. This drives rent seeking, illegal mining, bending of rules, turning a blind eye to violations, under and over invoicing and a variety of other malpractices that are widespread. This has been well documen...

October 25, 2017

While illegal mining is worrying, what is little understood is the enormous loot that is taking place legally. Mineral owners sometimes receive less than 5% of the value of minerals.

https://thewire.in/189891/national-mineral-policy/

October 24, 2017

While the draft does include new paragraphs on illegal mining and sustainable development, experts question whether it will be, as the Supreme Court recently put it, “effective, meaningful and implementable”.

https://thewire.in/190076/first-draft-new-national-minerals-p...

Governments should change the way they account for minerals receipts to get a true picture of the revenue they bring in, says Rahul Basu and Daryl DaCosta from the Goa Foundation. 

http://www.publicfinanceinternational.org/opinion/2017/10/accounting-natural-resources

October 9, 2017

The Ministry of Mines has recently set up the K R Rao Committee in response to a Supreme Court directive. This was contained in a Court judgement pertaining to illegal mining in Odisha (Common Cause vs Union of India & Ors).

The Committee’s professed purpose is to take...

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