Rajya Sabha clears mining bill without too much fuss

20 Mar 2015

1

The Mines and Minerals (Development and Regulation) Amendment Bill, 2015, seeking to introduce the system of auction of mining blocks to enhance transparency passed the Rajya Sabha today, ensuring that it will be enacted to replace an earlier ordinance.

The upper house rejected a motion to send the bill again to a select committee.

The bill envisages spending of a fixed percentage of revenue generated from mining on the development of the local area.

Under its provisions, there will be no renewal of any mining concessions, unlike in the original act of 1957. Also, the licence will be for 50 years as against 30 now, after which there will be no renewal but compulsory auction.

The government has already identified 199 mines for auction.

On Thursday, the opposition had forced deferment of consideration of the potentially contentious bill on the ground that states had not been consulted.

Congress members even stormed the well of the house amid demands that the bill be again sent to the select committee, which had already scrutinised the proposed legislation and presented its report to the house on Wednesday. The committee had proposed no changes.

The 19-member panel on the Coal Mines (Special Provisions) Bill, 2015 that provides for allocating coal mines through auction, referred the bill to the house for passage without any change.

But the report did contain five dissenting notes from Digvijaya Singh, P Bhattacharya and Rajeev Shukla (all Cong), Tiruchi Siva (DMK) and K N Balagopal (CPI-M).

The committee on the Mines and Minerals (Development and Regulation) Amendment Bill too did not seek change in any of the clauses.

However, it wanted the government to consider at a later stage issues like the impact of mining activities on the environment, rampant illegal mining, lack of proper and scientific mine closure, land acquisition and resettlement issues, and capturing any windfall profits for the welfare of local and tribal communities.

"The committee, in view of limited ambit of amending Bill under its consideration, is of the opinion that these issues are of utmost significance that warrant serious consideration by the government.

The Committee, therefore, recommended that the ministry should consider these issues to be incorporated subsequently in the MMDR Act, 1957 at an appropriate stage as well as in the relevant rules/regulations required to be framed there under," it said.

Latest articles

Bharti Airtel announces leadership succession; Soumen Ray elevated to Group CFO

Bharti Airtel announces leadership succession; Soumen Ray elevated to Group CFO

JSW Energy to double Salboni thermal power capacity to 3,200 MW with Rs 40,000 crore investment

JSW Energy to double Salboni thermal power capacity to 3,200 MW with Rs 40,000 crore investment

Google, meta team up on “torchtpu” as nvidia faces $5 trillion market test

Google, meta team up on “torchtpu” as nvidia faces $5 trillion market test

Trump Media and TAE Technologies to merge in $6 billion all-stock deal

Trump Media and TAE Technologies to merge in $6 billion all-stock deal

Tata Motors opposes CAFE relaxations for small cars, warning of safety risks

Tata Motors opposes CAFE relaxations for small cars, warning of safety risks

Parliamentary panel urges priority clearances for critical mineral projects amid delays

Parliamentary panel urges priority clearances for critical mineral projects amid delays

India, Ethiopia elevate bilateral ties to ‘strategic partnership’

India, Ethiopia elevate bilateral ties to ‘strategic partnership’

Accenture partners with Bristol Myers Squibb to launch AI-powered medical content hub in India

Accenture partners with Bristol Myers Squibb to launch AI-powered medical content hub in India

Railways to modernise, expand Mumbai’s suburban rail network

Railways to modernise, expand Mumbai’s suburban rail network

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers