Across the world, there are many intergenerational funds whose corpus is invested in perpetuity to safeguard the principal and then generate real returns. The country’s 28 states and eight Union territories could set up such funds.
Author: Rahul Basu
Achieving Zero Loss – Checking grade of ore
What are the Guidelines for prevention of misclassification of different grades of iron ore and other minerals by the Ministry of Mines? Will they be implemented in Goa?
Goa Policy for Regulating Iron Ore Dump Handling in the State of Goa 2023
The policy has been gazetted on 13-Sep-2023. This is after the Policy on mineral rejects/Sub grade ore/By-product which were generated during the course of mining which were below the threshold value at that point in time, as stipulated in the amended Rule 12(1)(k) of the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession Rules, 2016 notified on 02-11-2021, …
CEC Report on Permanent Fund sent to SC
GoG’s new draft GIOPF scheme, CEC’s report with two suggestions, and Goa Foundation’s reservation.
The second tranche of mineral block auctions in Goa
The results of the second tranche of mineral block auctions are similar to the first. Enough has been auctioned to enable 12 years of mining at the cap. Is it time for a pause?
Mineral Resource Accounts of Goa
Goa’s first Mineral Resource Accounts paints a horrific picture of no controls over mining by the state. Now we know. As mining restarts, things must change
Mining Affected Villages of Goa
There are 75 mining affected villages and 5 municipal corporations in Goa. This constitutes around 16% of Goa’s population
We need a policy for the mining restart
The 2014 SC judgment requires the fresh leases to be issued as per policy. The Goa (Grant of Mining Lease) Policy 2014 was withdrawn in 2016. The mining restart is notable for the absence of any discernable policy.
Dealing with Mineral and other Dumps
After the SC order on dumps, the state Government can proceeds with dump mining and handling other dumps. What is needed to be done?
The recent mineral block auctions in Goa
What can learn from the first four mineral block auctions?