The Joda mining circle, unĂÂder the Orissa state steel and mines department, has sent show cause notices to 57 mines for the irregularities and minĂÂing rule violations caused by them between 2001 and 2010.
Tag: Mining
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As economy booms, pressure to cut subsidies will go down
By the end of next year, both projects and financial facilitation for them should reach a stage where it's smooth sailing for infrastructure sectors, if Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India, has his way.
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Infrastructure: New catalyst in the equation
Canada's steady and ongoing investment in India means that the confidence and basic market understanding are pre-eminent among Canadian companies. Jai Mavani explains what the entry points, facilitations and barriers are to invest in India's infrastructure.
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No mining should be allowed for trading
The unstoppable and straight-speaking Karnataka Lokayukta (now retired) has done his bit for the sustenance of the legitimate mining industry. While exposing the biggest mining scam to date, his observations on mining policy and practice should perhaps be heard and considered carefully.
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Mining royalty rate hike sought
Orissa Chief Minister, Naveen Patnaik sought a level playing field by urging the centre for an upward revision of mining royalty rates and a ban on ore exports.
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Indonesia to tighten coal export norms
Indonesia has circulated a draft decree seeking comments on imposing a ban on export of coal below 5,100 gross kcal per kg from 2014. Earlier, Jakarta brought in regulations that calĂÂled for all coal exports
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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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Death of a truthsayer
Truth-seekers never had it easy, and the murder of yet another environmentalist seeking truth and jusĂÂtice has raised questions about how well- or otherwise - a legislation on truth-seeking may work where, without a somewhat unreĂÂalistic guarantee of sovereign protection for those who do seek it.
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Revised coal block clearance policy gathering pace
The Union finance ministry has given an in-principle approval to a new mechanism in which all regulatory clearances are to be obtained by the government before coal blocks are auctioned to state-run or private companies, thus concluding the debate on 'go' and 'no-go' areas for mining of coal.
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Infrastructure players need to attain scalability to be accepted by the capital market investor
As one of India's larger infrastructure funds, the company has believed in investing in the high-growth sectors.