Xenophobia and hatred have been the prime drivers of Britain’s exit from the European Union (EU). But there are latent dimensions to the vote, which are as yet unassesed.
India has the onerous distinction of having the highest taxation and royalty rates for the mining sector. This mars the overall competitive edge of mining firms.
Mining has affected the locals, especially the tribals whose lives are intrinsically linked to the ecosystem of the areas. A holistic approach is imperative to bring justice and inclusive egalitarian distribution of resources amongst all. Locals, concerned parties and the government have to work together to ensure and balance development with environment.
India is rich in minerals and resources. However, in recent years there has been fluctuations in production of key minerals in India with steep decline in production and burdened by an ever-increasing demand. These key minerals have been showcased in this section with data from Indian Bureau of Mines, Ministry of Mines, Government of India. Import and export of coal, iron-ore, crude petroleum and natural gas have been analysed from 2004-2014.
Public hearing is an important step in the environmental clearance of any developmental project. For Sarguja Thermal Power Plant, attached to a coal mining block, the hearing was postponed despite community leaders pointing to non-compliance of several conditions of the environment impact assessment.