CSE welcomes the governments proposal to provide 26 per cent of mining profits to local communities

  • 09/09/2010

  • Centre for Science and Environment

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.

See Also
  
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

http://old.cseindia.org/programme/industry/mining/home.htm#