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Govt to make changes in land bill

Govt to make changes in land bill

Reports suggest that the government plans to double the offer to landowners who sell land for private projects. Acc­ording to a provision, which may be included in the revised land bill, land owners may be offered 40 per cent (instead of the earlier 20 percent) of deve­loped land (in proportion to what they lost and at a price equal to the cost of acquisition and development). This might be doubled in the version to be presented in Parliament.

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Mining: Struggling to emerge from doldrums

Mining: Struggling to emerge from doldrums

Karnataka now finds itself in the company of other states in the clamp down on mining and ore transport. This means India will soon drop down in its export rankings of ore, adding to the brewing export and currency troubles. A Shivkamal writes that in this delicate environment, further reforms in mining will prove to be difficult to implement, at least in the near future.

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Cabinet approves new Mining Bill

Cabinet approves new Mining Bill

The Union Cabinet approved the Mines and Mineral Development and Regulation (MMDR) Bill, 2011. The Bill aimed at curbing illegal mining and bringing more transparency in the allocation of licences for mining.The Bill has provisions for 26 percent profit sharing by coal miners and an amount equivalent to royalty by non-coal miners with project affected people.

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Draft mining bill gets GoM nod

Draft mining bill gets GoM nod

In November, our cover story debated the draft Mines and Minerals (Development and Regulation) Act, 2010 that will provide 26 per cent of company profit to the locals.