News Click | Ayaskant Das | 29 Jul 2022
Penalties for delayed payment of royalties will be halved; new rules allow bypassing Gram Sabhas before diverting forest lands.
New Delhi: Even as big corporate entities have queued up to acquire mining rights over coal blocks from which they can sell the extracted minerals at the highest prices, the Modi government has proposed to halve the penalty rate that is binding upon leaseholders for failing to pay their royalties in time. The existing rate of 24% interest against delay in payments of royalties or rents to the Central government against minerals extracted from coal mines will be reduced to 12%.Read more
News Click | Abir Dasgupta | 28 Jun 2022
Governor Ganeshi Lal assured the Adivasis that he would write to the Odisha Chief Minister recommending that they be rehabilitated and resettled as per law, no further projects are taken up in the area, and no penal action is initiated against them until then.Read more