Mining

CSE's Profit Sharing Report

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.

The bogey of green clearances

The environment is holding up growth and economic development. This is the common refrain in circles that matter. So when the Group of Ministers tasked to resolve the issue of coal mining in forests asked for a report on what needs to be done, it was told that the best would be to dismantle green conditions, almost completely.

System of green clearances not working for environment and people and clearances not the impediment to growth, says CSE’s new study

• New assessment by Centre for Science and Environment (CSE) finds unprecedented scale of clearances being given by the ministry of environment to industrial projects in the last five years

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CSE releases its profit sharing report in Ranchi

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.

CSE releases its new report in Ranchi

Report supports proposal to share 26 per cent net profits of mining companies with local communities

Mining bill gets it right

Sustainable mining is an oxymoron. Environmentalists will tell you this. Mining—coal to limestone—takes away forests, devastates mountains and leaves the land pockmarked. It also destroys livelihoods of people and displaces them. Worse, modern, mechanised mining takes away livelihood based on land but does not replace it with local employment—all estimates show that direct employment in the mining sector has fallen sharply. It provides wealth, but not for local development.

CSE releases its report on profit sharing in mining

Mining companies must share profits with local communities: latest CSE report comes out in support of proposal to share 26 per cent net profits

Says the money generated from this will go a long way in reducing poverty and deprivation in the mining affected areas

Report on Profit Sharing released in Odisha on June 24, 2011

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.

Sharing the wealth of minerals: Policies, practices and implications

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.

What does '26 per cent of equity or profits really mean?'

Civil Society Interview
By Chandra Bhushan