GoM nod to 26% equity for mining displaced
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18/09/2010
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Financial Express (New Delhi)
As much as 26% equity in mines would be disbursed to those displaced by mining activity as the group of ministers deliberating on the draft Mines and Mineral (Development) and Regulation Bill (MMDR) approved of it on Friday.
The GoM has suggested that the ministry move an Ordinance for setting up a regulatory authority in the Cabinet soon. The draft Bill talked of disbursing 26% free shares to those affected by mining activities, mainly tribals in India