Goa scam ran through PM's stint at environment ministry

September 12, 2012
Goa_Mining

New Delhi, September 12: The Justice M B Shah Commission's indictment of the Union environment ministry for disregarding norms and Supreme Court orders to give clearances that facilitated rampant iron ore mining in Goa covers the period when Prime Minister Manmohan Singh held charge of the environment and forests portfolio.

The commission's censure of authorities for letting the mines function for more than half a decade in violation of norms for environment protection applies to the two-year spell — from May 17, 2007 to May 27, 2009 — when Singh was in charge of the ministry. He was assisted by two ministers of state — Congress's Namo Narain Meena and DMK's S Raghupathy. This was the period between the tenures of two Cabinet ministers — A Raja and Jairam Ramesh.

The commission has taken a stern view of the failure of the authorities to rein in the mining industry.


Goa's ban on mining is in reality a sham

The Shah Commission report may give the people of Goa only a temporary reprieve from the impacts of mining with the state government permitting trade of already extracted ore that has been termed illegal by the panel.

The Manohar Parrikar government has also advocated extraction and export from existing mining dumps — which by some estimates are pegged at 700 million tonnes and contain low grade ore. This could turn into a lucrative source of raw material for miners.

In its order, the state has said, "The suspension of mining operation shall not affect trade and transportation of ore already mined and existing in the lease hold area, in transit or stored or stocked in jetties."

With mining already at a low ebb or temporarily shut due to monsoon, the temporary suspension, officials in the Union government warn, would hardly impact production in the short run.

The BJP, which had defeated the previous Congress regime by running on a strong plank against illegal iron ore mining, has now pitched its weight behind mining of the existing dumps which can now be worked for low grade ore.

The state government has taken on the Centre which had claimed that these dumps worth several millions of dollars could be mined for iron only after environment, forest and other central clearances. Parrikar's draft mining policy too favours ore from mining dumps to be exported and he has armed himself with legal opinion to challenge the need for environmental clearances.

In an indication that the state government is soft-pedalling, it is yet to move to notify the eco-sensitive zones ( ESZ) around national parks and sanctuaries which would close a large number of mines. Goa has so far indicated that it is completely against the ESZs.

The actions of the Parikkar government go against the recommendations of the Shah Commission. The commission has noted that cases of theft should be registered as much of the ore was extracted illegally.

It has also recommended that the state government recover market or export rates for the material already mined.


Parrikar govt's order seems a little strange

The Parrikar government's order seems a little strange. If mining has been halted because it was illegal, what sense does it make to allow what has already been dug out to be sold? Clearly, it can't be anybody's case that the ore must be put back into the earth. But why must those who have illegally been plundering the state's mineral riches be allowed to continue to benefit from it. Would it not make much more sense for the state to confiscate the ores already mined and sell it so that the proceeds of the sale accrue to the state, not to those breaking the law?


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News Network
May 21,2020

New Delhi, May 21: As many as 5,609 new COVID-19 cases were reported in India in the last 24 hours, taking the total number of cases in the country to 1,12,359 according to the Union Ministry of Health and Family Welfare.

Out of the total cases, 63,624 are active cases, 45,300 patients have been cured/discharged or have migrated and 3,435 deaths have been reported.

With 39,297 cases in total, Maharashtra remains the worst affected state in the country, followed by Tamil Nadu (13,191 cases), Gujarat (12,537 cases), and Delhi (11,088 cases).

The nationwide lockdown imposed as a precautionary measure to contain the spread of coronavirus has been extended till May 31.

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Agencies
July 15,2020

Mumbai, Jul 15: In a mega investment announcement, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday said that Google will invest ₹ 33,737 crore in Jio Platforms for an equity stake of 7.73%.

Google is investing at an equity valuation of ₹ 4.36 lakh crore, said an RIL regulatory filing.

"Jio Platforms Limited, a subsidiary of the Company, today signed binding agreements with Google International LLC pursuant to which Google would invest ₹ 33,737 crore for a 7.73 % equity stake in Jio Platforms Limited on a fully-diluted basis. Google is investing at an equity valuation of ₹ 4.36 lakh crore," it said.

The transaction is subject to customary regulatory approvals.

Speaking at the Annual General Meeting of RIL, Ambani said that he looks forward to working with investors in Jio Platforms in a collaborative way.

Making another major announcement, the RIL Chairman said that Jio has designed a complete 5G solution and it will be available for trials as soon as spectrum is available.

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News Network
January 15,2020

Jan 15: Amazon.com Inc Chief Executive Officer Jeff Bezos is facing a bitter welcome during his India visit this week as the country’s antitrust regulator initiated a formal investigation just hours before his arrival and trader bodies comprising millions of infuriated small store owners announced demonstrations.

Bezos is in New Delhi for the Smbhav summit, an Amazon India event for small and medium businesses. The billionaire is scheduled to conduct a fireside chat with Amazon India chief Amit Agarwal, anchoring an event that also features Infosys Ltd. co-founder Narayana Murthy and retail billionaire Kishore Biyani, who recently sold a stake in his retail group to Amazon. Ahead of the event, Bezos paid his respects at Mahatma Gandhi’s memorial, wearing a white tunic and a rust-colored Indian vest.

The small businesses that Amazon’s CEO is hoping to endear himself to, however, are organizing in opposition. The Confederation of All India Traders announced that members of its affiliate bodies across the country would stage sit-ins and public rallies in 300 cities to raise a war cry against the world’s largest online retailer. In a letter to Prime Minister Narendra Modi last week, the confederation’s Secretary General Praveen Khandelwal alleged that Amazon, much like Walmart Inc.-owned Flipkart, was an “economic terrorist” who engaged in predatory pricing that deprived the government of tax revenue and “compelled the closure of thousands of small traders.”

India’s e-commerce market is projected to grow to $150 billion by 2022, according to a 2018 report by software industry group Nasscom and consulting firm PwC India. Competition for this rapidly expanding sector is intensifying as Asia’s richest man, Mukesh Ambani, prepares to go live with JioMart, an online shopping platform challenging Amazon and Walmart directly. The latter’s Flipkart Online Services Pvt is also delving deeper into the countryside in its pursuit for more customers. Amazon, for its part, opened a huge office complex in the southern city of Hyderabad in September, underscoring its commitment to the country.

The Competition Commission of India said it would probe the deep discounts, preferential listings and exclusionary tactics that Amazon and Flipkart are alleged to have used as anti-competitive levers. India’s trade bodies have long argued that both retail giants were flouting rules by promoting sales and discounts through their favoured sellers, many of whom they have preexisting commercial arrangements. The regulator has ordered for the investigation to be completed within two months.

Bezos last visited India in 2014 under starkly different circumstances. During that trip, the Amazon founder wore local festive garb, rode atop a festooned truck for a photo opp and presented Amazon’s Indian unit with a giant check for $2 billion. Since then, Amazon has pledged a further $3.5 billion to expand in the country.

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