CSE welcomes the governments proposal to provide 26 per cent of mining profits to local communities
CSE welcomes the government’s proposal to provide 26 per cent of mining profits to local communities. Says that benefit-sharing proposed by MMDR Act 2010 is in line with global best practices & refutes industry’s contention that it will hurt the mining companies.
Centre for Science and Environment (CSE) says the provision of benefit-sharing envisioned in the proposed Mines and Minerals (Development and Regulation) Act, 2010 is the “first step towards repairing and repaying the damages done to poor communities living on mineral-rich lands” and critiques industry’s reported reticence in sharing its profits with project-affected people.
Act: The Mines and Minerals (Development and Regulation) Act 2010
Opinion: We need to regulate mining, not control it’
Feature: Mine owners, loosen purse strings
Opinion: Bullets are not the answer to development
Policy: Model State Mineral Policy, 2010
In-depth: A guide to India's wealth