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Centre for Science and Environment's (CSE) latest report on the Profit-sharing mechanism introduced under the Mines and Minerals (Development and Regulation) Bill, 2011.

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Centre for Science and Environment (CSE) released its report on profit sharing in Ranchi, Jharkhand on August 5, 2011. The report is a detailed analysis of the profit sharing mechanism, international practices being followed in different countries, the need for profit sharing, etc.

  • Coal mining firms will now have to share 26 per cent of profits with local people

  • Important step towards inclusive growth, says CSE

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Centre for Science and Environment (CSE) releases its report on profit sharing in Bhubaneshwar, Odisha on June 24, 2011. The report is a detailed analysis of the profit sharing mechanism, international practices being followed in different countries, the need for profit sharing, etc. There is no doubt that the mining sector in the country today is of vital importance for several uses. But the sector also causes massive displacement of people. Our report discusses the social impact of mining and the need for profit sharing with the affected communities. It also suggests mechanisms in which this profit sharing can be practiced in India.

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It is now well recognised across the world that wealth generated by the mining sector comes at a substantial development cost, along with environmental damages and economic exclusion of the marginalised. This has also been exhaustively documented in India. In fact, the major mining districts of India are among its poorest and most polluted. Considering the negative externalities of the mining sector, new policies and practices are being explored and implemented across the world to ensure that mineral wealth can be converted into sustainable development benefits for local communities.

Updates

Round Table Meet on the MMDR (draft) Act, 2010

CSE, in collaboration with Ekta Parishad, conducted a roundtable in Rourkela (Kalunga) on the MMDR (draft) Act 2010. The objective was to expose the direct stakeholders like affected people and grassroot level NGOs to the draft act and the special provision of 'profit sharing'. The meeting was attended by stakeholders from the states of Chhattisgarh, Odisha and Jharkhand. The meeting opened with a presentation from Chandra Bhushan, deputy director general, CSE on the provisions of the act and what they might imply.

CSE, Media workshop, Mining and Environment, Mining updates

What's New

According to the Press Information Bureau, 218 mines of Coal India Limited (CIL) are operating in violation to the Environmental Impact Assessment (EIA) Notification 2006. These are pre-1994 mines when the EIA notification was not in place.

Centre for Science and Environment (CSE) releases its report on profit sharing in Bhubaneshwar, Odisha on June 24, 2011. The report is a detailed analysis of the profit sharing mechanism, international practices being followed in different countries, the need for profit sharing, etc. There is no doubt that the mining sector in the country today is of vital importance for several uses. But the sector also causes massive displacement of people. Our report discusses the social impact of mining and the need for profit sharing with the affected communities. It also suggests mechanisms in which this profit sharing can be practiced in India.

odisha.jpg

Blogs: Recent Posts

Chandra Bhushan's picture
Chandra Bhushan
Mind Over Matter
3 February 2012
Everybody’s business

Work Overview

Mining is a contentious subject. It generates almost as many viewpoints and positions as the number of its contestants. It is, unarguably, a core industrial sector and crucial for India’s economic growth. It is growing at a rapid pace – between 1993 and 2005, the mining sector showed a compound annual growth rate of 10.7 per cent. It is likely to grow at a much faster rate in coming years. Post-liberalisation, mining is being done not only to satisfy India’s domestic requirements, but also to meet the growing international demand. China, in particular, has emerged as a major market for Indian minerals.

Announcements

  • Centre for Science and Environment’s (CSE) will release their report on profit sharing in Ranchi on August 5, 2011 at 2:30 pm. The report is a detailed analysis of the profit sharing mechanism, international practices being followed in different countries, the need for profit sharing, etc.

    The report will be released on August 5, 2011 at the Nalanda Hall, Hotel Ranchi Ashok, Doranda, Ranchi, Jharkhand. There will be a presentation on the report, which will be followed by a panel discussion.

    See also

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A 6.3 magnitude earthquake rattled the coast of Peru early on Monday, causing minor injuries, authorities said. There were no reports of deaths or major damage from the quake, which occurred shortly after midnight local time (0500 GMT) and was centered about 9 miles southeast of the city of Ica and about 170 miles south-southeast of Lima, according to the U.S. Geological Survey. Peru is an important minerals producer, but its mines are mostly located far from the quake zone and no damage to mining operations was reported.

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Rich Lands Poor People: Is 'Sustainable' Mining Possible?

This book is an attempt to document all the complexities of mining. While, it is true that mining is essential, it is not a simple 'dig and sell' proposition for a country like India.

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