#CutTheClutter #IndianMiningIndustry #MMDRBill #IndiaMineralsProduction
Parliament has passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2021. In Episode 709 of Cut The Clutter, Shekhar Gupta explains what this new law entails, why it is crucial and how it aims to reverse the mining industry as being corrupt, polluting and grossly under-performing in India.
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Additional research by Tenzn Zompa
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Brought to you by @TatamotorsEV
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Watch Union Minister Pralhad Joshi’s remarks on Mines & Minerals (Development and Regulation) Amendment Bill bill : https://youtu.be/_sjJsEi40AU
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32 Comments
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Good job by Modi Govt.
need police and judiciary reforms
The excavation and extraction cost of the Rare earth metals are extremely high. The cost I am referring in my earlier comment is only the cost of the NdFeB permanent magnet cost. An Indian scientist view on mining control
Development of NdFeB magnet is perfected by DRDO and the technology is transferred to MIDHANI, Hyderabad. Since the manufacturing cost itself exceeds several rupees than those sold by the Chinese, the production was not launched in big scale – only limited to Govt. labs. This is mainly due to the difference in the cost of the raw materials – the rare earths. Our government should tighten the mining licence. Minerals are looted.
Mining is licences to by Vedanta, Jindal Hindalco Special steel or bimetal manufactured by Tatas were not encouraged
India is a country that hates reforms, it is supremely difficult to bring change in India.
It should be written in every bill passed my parliament. Review the bill in 10 years
Unless Indian Bureau of Mines who is responsible for looking after running of the mines as per Mining Plan ,changed its attitude and should work as Nodal with many Government departments and Mine owners,hindrances will always be there.
he could not skip the last line.. lol
Proves why we should never listen to the cries of these Andolan Jeevis.
🔖 If Vajpayee contd, we would have these enterprises giving good benefit to India .
UPA needed corruption for its Dominance in elections etc.
But they did by scaring people of corporates, all the while making money , pollution. Shame
For too long they have cried Nationalism, Socialism blamed Pvt . But where is the technology to efficient mining without incentives ???
🔖 They were happy with illegal Mining. immense pollution but fought Law abiding, good corporates.
……..
Jairam Ramesh was stopping all new genuine Mining promoters on name of environmentalism .
While he always knew the Mafia was damaging environment more.
Can anyone tell me why now 2021 ????
Why Not 2015 ???
Why was Modi afraid then ???
Modi ji would be last person to stop these new reforms . He is brutal reformer when he wants to . See demonitisation, GST, Lockdown 2020.
Are these reforms danger in elections ???
sir you are just out of this world..my head bows down to you
Just like oil reserves are studied, other minerals csn be studied?
Seizmic survey, can't help in finding mineral reserves?
Congress party and UPA governments were highly corruptive. So reforms in all sectors is the need of the hour and this requires updation of old laws as per the times today.
Import of minerals which are available should, either be restricted by levying highest Import duty or ban completely.
The Print is always worth watching .but I wish Mr. Shekhar Gupta, would reduce his hand movements.,which are very distracting.
This government has shown the willingness to implement many reform-oriented policies. Good.
Corruption at state level, ex. Gaali janaarthanareddi, illegal mining of minerals, us very high. So tightening screws, to avoid Corruption, is must.
It would be nice to get some info over Russia Ukraine situation, Russia has stationed 28 battalions over Ukrainian border, it's coercive diplomacy as usual.
In my opinion you should revisit your silver mining part of story.
It's good that Govt is undertaking certain reforms in mining space which is very much necessary.
You are genius…
A good platform to know what government is doing in terms of development
Ambani adani have even more on their plates
You make a compelling case for mining. I learnt a lot. Unfortunately all coal , petroleum and diamonds come from our oldest forests. The recent devastation in assam is tragic. At least china has posted a date for getting off coal. What is Indias plan ? Secondly diamond mine in the forests of MP.Where is the justification for that?Diamonds are not essential. New technology allows creation of diamonds via atmospheric carbon capture. Why not leverage that? Only the state can take a call on protecting our natural heritage as opposed to selling it off ! Kya prakriti ko bachana mumkin hai ?
Birliant
Wonderful stuff
The recent reduction in lemru elephant reserve from 3800 sq km to 1995.82 sq km in Chhattisgarh is best example of environment destruction .
This pure virgin forest of Hasdeo Arand once lost under mining will never gonna be recovered .
How Manganese got no use in Iron&Steel industry? 90% of the Mn produced is used in the steel industry.