INDIA received a not so envious accolade last week when the Fraser
Institute (one of world’s top think tanks) dropped the country from its list of
top mining destinations, based on policy and social frameworks. Juxtapose the
above with the developments in the mining sectors in the recent past. It is
mired by social and judicial activism, resulting in not just economic loss to
the institution of State, but also the degradation of whole socio-economic
ecosystem. Of course there are cases where irregularities were found and it
those should be addressed. The top Court of the country duly did it by
ordering closure of mines in the beginning of this decade in Karnataka, Odisha
and Goa. However, never before the court put an absolute ban in mining
activities.
No comments:
Post a Comment