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New environment may curb mining, not illegal mining

New environment may curb mining, not illegal mining

The recent mining scams have sounded a wake up call, and yet definitive action to prevent illegal mining has not come forth.Will new laws such as higher taxation and profit sharing help the cause of the government’s efforts to curb illegal mining through technology and strengthened monitoring? Charu Bahri goes beyond the regular headlines of new scams and ends up not being convinced the new law will curb illegal mining.

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Karnataka mining in limbo

Karnataka mining in limbo

In the state that produces more than 35 million tonne of iron ore every year, accounting for more about 25 percent of the nation’s output, mining and exports of iron ore from the state have come to a complete standstill National Minerals Development Corporation (NMDC)

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All we need is a monitoring body, not new laws or technology

All we need is a monitoring body, not new laws or technology

Without an enforcement agency to constantly monitor the landscape, mines will continue to be exploited, NN Gautam, Advisor, ACB (India), and former Advisor to Union Ministry of Coal, tells Shashidhar Nanjundaiah.The term illegal means that there is either conn­ivance or a laxity in enforcement. This is a governance issue a corruption issue.

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The L-Factor

The L-Factor

It is as though news of the slow growth of 7.7 per cent-the slowest in six quarters-as reported for the quarter ending June, as against a healthy 8.8 per cent in the same period last year, was anticipated with resignation.

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Karnataka maritime board

Karnataka maritime board

Karnataka Minister for Ports Krishna Palemar has said that the state government is planning to establish a maritime board for developing the sector.

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First pvt regional airports

First pvt regional airports

Regional Airport-Holdings International (RAHI), a private airport developer, announced that it will invest around Rs 3,000 crore in over 15 aviation infrastructure and services projects across the country over the next five years.

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Punj Lloyd bags Rs 3.3 bn order

Punj Lloyd bags Rs 3.3 bn order

Punj Lloyd Group won an order worth Rs 330 crore for process facilities and utilities at an upcoming crude oil storage cavern in Mangalore, Karnataka.

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Infra-Landmarks: Few and far between

Infra-Landmarks: Few and far between

The past 12 months have not belonged to infrastructure flag-offs. As the economy turned south in 2008-09, not as many infra projects as targeted were awarded, especially those in road, rail, port and energy; in most cases, the targets themselves took a heavy beating.

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Revival of Indian ports

Revival of Indian ports

Currently, the maritime sector is one of the important investment arenas for private parti­cipants; this is directly improving the efficiencies and revenue generation of Indian ports. What are the specific areas of investment?