Objective, Scope and Limits of Mines and Minerals (Development and Regulating) Bill, 2011
What is the main objective of the proposed MMDR bill, 2011?
It is to provide (mandatory) share of the profit generated to the people affected by the projects.
What is the percentage of share in MMDR bill, 2011 to the people?
- Coal mines have to give 26% of their post-tax profit.
- Major mineral miners have to give the share equal to the loyalty paid by them to the state
- Minor minerals miners’ percentage of share will be decided by the state on consultation with the National Mining Regulatory Authority (NMRA)
How people will receive money through this MMDR bill?
Mining companies will pay the District mineral foundation (DMF) and this authority will pay the people.
Who will manage the DMF?
As per the previous bill, head of the District Panchayat Council will manage the DMF. But according to this bill, the DMF will be managed by the chairperson (elected) of the District Panchayat Council.
How many members of the affected community will members of the DMF?
According to this proposed bill, 3 members will be allowed to be part. No such numbers were given in the previous bill.
Role of centre in reviewing the percentage share (Demerit)
It is said that the centre will review the percentage of share the companies needed to provide, keeping in mind the administered mechanism followed in the mining. This seems to be a move to dilute the bill, which in turn focuses on the profit of the companies. The centre says that since the pricing is administered, it is better to review depending on the profit of the mines.
Will captive coal mines be in the purview of the bill?
Though the coal ministry has asked to levy separately, it is said that there will be no separate mode for them and it too will be under purview of the proposed bill.
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