NEW MINES BILL TO BE TABLED SOON

摘要

The Mines and Minerals (Development and Regulation) Bill 2011, is likely to be tabled in the ongeing winter sessies of Parliament at the earliest, Lok Sabha was informed today. The Bill,which was approved by the Cabinet on September 30 provides for coal miners to share 26 percent of their net profits with the People affected by the projects,while the burden on the non-coal miners will be amount equivalent to royalty.