India’s Corporate Affairs
Ministry has raised the red flag to several provisions in the Mines and Mineral
Development and Regulation (MMDR) Bill.
The law aims to increase the benefits from mining to rural and indigenous
communities and, will force miners to share 26% of their profits with the local
communities where they operate.
The Ministry has argued that
LLPs were a new form of business entity and widely accepted globally,
particularly for high risk, long-gestation investments like in the mining
sector. The MMDR Bill, which seeks to replace a 54-year-old law governing the
minerals and mining sectors, provided for mandatory sharing with the local population
surrounding the mining site of 26% of profits and 100% equivalent of royalty
payable.
Although the
country has said it wants to increase renewable-energy generation, coal remains
the backbone of energy supply and economic growth in the populous nation.
Clearly, there is huge potential
here for new projects and for modernization, mechanization, scientific
management and downstream activities on the processing, environment and energy
efficiency side. There is no doubt that the potential for exploration and
exploitation of all kinds of mineral resources is very large. So how to explore
the resource efficiently becomes the key point.
In order to make full use of the resource,
the DSMAC mining equipment can be
your best choice. When it mentioned to coal, the advanced coal crusher is the backbone
of it.coal crusher is a
type crusher of ore crushing equipment used for crushing coal. Coal crusher is
acknowledged well in coal processing industry for a long time. It is used
widely in coal mining and coal processing because of its advantages. Here are
many types of coal crushers which can meet all of your demand including: jaw crusher,
impact crusher, mobile coal crusher and so on.
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