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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Agencies
February 6,2020

New Delhi, Feb 6: Unemployment rate in the country as per a new survey was 6.1 per cent in 2017-18, the government informed Rajya Sabha on Wednesday.

Minister of State for Labour Santosh Gangwar said the government is conducting a new Periodic Labour Force Survey (PLFS) with new parameters and bigger sample size, and its results cannot be compared with previous surveys in this regard.

"As per the new Periodic Labour Force Survey being conducted by the government, the labour force participation is 36.9 per cent and the rate of unemployment for 2017-18 is 6.1 per cent," he said.

Replying to supplementaries during the Question Hour, the minister said the report of this survey is very different than the surveys conducted in previous years.

This survey is not comparable to previous surveys, he said, adding it was an attempt to provide authentic data with the new survey conducted through the Ministry of Statistics.

"We are focusing on infrastructure development and ease of doing business and India's position in the world has improved. India has improved its position to 63rd rank now in 2019 against 196 in previous years," he said.

"Our government is very conscious of creating employment opportunities and is running such programme which generates employment.

"The way our government is functioning, employment opportunities are being created and the youths are getting jobs also," the minister said.

Gangwar said the government has stopped the previous survey as the sample size was low and an attempt is being made to improve the data by adding various parameters and provide more authentic data.

The minister said it will take time for collection of data as households have to be visited on the ground for authentic data collection in rural areas also.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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News Network
May 11,2020

New Delhi, May 11: With an increase of 4,213 cases in the past 24 hours, India's COVID-19 count reached 67,152 on Monday, according to the Union Ministry of Health and Family Welfare.

The number of active cases in the country rose to 44,029, while 20,916 patients have been cured and discharged and one has migrated, according to the Ministry.

The number of deaths in the country due to the infection reached 2,206 on Sunday.

Maharashtra, with 22,171 confirmed cases is the worst-affected due to the infection so far and is followed by Gujarat with 8,194 cases.

However, Tamil Nadu surpassed the national capital in total coronavirus cases numbers. Delhi has 6,923 reported cases while Tamil Nadu has 7,204 confirmed cases.

Maximum deaths due to coronavirus have so far been recorded in Maharashtra (832), followed by Gujarat which has toll of 493.

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