Miners made a killing, thanks to helpless law: Shah panel
11 years, 2 months ago

Miners made a killing, thanks to helpless law: Shah panel

The Hindu  

It is one of the most scathing reports from the stable of Justice M.B. There is a complete disregard and contempt for law and lawful authorities on the part of many among the emerging breed of entrepreneurs, taking undue advantage of the country’s natural, non-renewable assets and resources for export earnings.” The pursuit of “super profits has absolutely drained them of any feeling for fellow human beings/for the nation and the moral values. The law has been made helpless because of its systematic non-implementation.” The commission lists each company that mined ore worth thousands of crores ore in blatant disregard for mining and environmental laws. At this rate, all the iron ore reserves in the State will have been exhausted in 30 years.” The commission noted that the State government had sent notice for recovery of money for the excess and illegal mining; this itself showed the State admitted rampant corruption. Warning that the super profits miners are making come at the cost of tribals and the State exchequer, the commission says those who get the mining lease do not operate it themselves, but give it to contractors or those with the power of attorney.

History of this topic

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