How the policy makers define the future is important

Its election time and we see promises in the air. Why don’t we get to see the promises in the earth to be precise under the earth, right under our feet. India is endowed with riches, this is something one gets to hear from school text books to adda conversations and yet we are poor as a nation. Its take not just effort, but will, to call upon what lies below and make it count. India is grappling with that right now. According to Rahul Basu of Goa Foundation The National Mineral Policy 2019 lays a foundation for the systematic …

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Hindustan Copper Plan expansion but India will have to rely on exports.

India’s state copper miner plans $800m expansion While at one end elections in one part of the southern India is fought on STERLITE COPPER and it expansion plans we have Hindustan Copper going on an expansion drive. A country like India can handle this contradiction. Hindustan Copper is small player compared to Sterlite. Its production is a mere 40,000 tonnes of copper per year. With Sterlite Closure the demand for copper has sky rocketed. A developing country like India has enormous demand for copper on a continuous basis. It makes sense to be self sufficient rather than relying on imports. …

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The slog over rush of Iron ore mining

India iron ore output seen at 9-year high before leases expire This is like the run rush in the slog overs in a T20 match. Even as the leases for iron ore is set to expire next year the mining companies are all set to produce a record high of Iron ore. India is all set to produce 210 million metric tonnes in the year ending March 31. This was disclosed by R.K.Sharma who is the Secretary General at the Federation of Indian Mineral industries. A country that is maturing as a industrial nation needs that regular supply of iron …

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Mining industry beset by localised mindset – Goa example

What makes the government of Goa think that mining is supposed to benefit only itself. Even as we grapple with the nationalistic voices at one end we are also have to realize that these states, most of the time, behave like fiefdoms. So when Finance Secretary Daulat Hawaldar on Friday said that the government is not facing any financial breakdown in spite of the fact that exactly one year has passed since the closure of mining operations in Goa, he was actually disregarding the interest of the nations. He went on to say that the market borrowings by the Goa …

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Why logistics business is failing in Tamil Nadu

India is one of the largest economies in the world and a major emerging market that has a young population, rising investment rates, large domestic demand and globally competitive firm. Even though, the unexpected global crisis has taken its toll on the economy, it is predicted that India will become the third largest economy by the year 2025 after China and the USA and has awakened the interest of significant investors. The transport and logistics sector are fundamental to the development of a country, especially so in India where it is estimated to provide employment for 45 million people.  Multimodal …

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A CONCISE LOOK INTO THE INDIAN SAND MINERALS INDUSTRY

Heavy mineral deposits of Manavalakuruchi in the state of Travancore (now Tamilnadu ) was discovered by Schomberg , a German chemist in 1909 which was proved richer and economical compared to rest of the world . Interestingly, Mineral sands then mined from rich seasonal Beach washings for only one mineral i.e. Monazite, which produce incandescence by infusing the paraffin mantle in a solution of thorium and cerium compounds, lost its worth due to arrival of filament lamp. During World War I, the British seized the German -sponsored company and Schomberg was arrested and sent to Madras. The interest of monazite …

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Ilmenite map of the world

One of the most economically important mineral, Ilmenite is used as a major ore of titanium, a minor ore of iron, and as a flux in blast furnaces. The name Ilmenite comes from its type locality in the Ilmen Mountains, Miask in the southern portion of the Ural Mountains of Russia.  Iron-black or steel-gray, Ilmenite is a titanium-iron oxide mineral. It is most used as an abrasive and as mineral specimens. It is formed as a primary mineral in igneous rocks. Most of the ilmenite is mined for the production of titanium dioxide production. Finely ground titanium dioxide is a …

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Goa Mining Dependent Protest at Delhi

Galaxy of leaders pledge support to mining dependents Rahul, Uddhav, Kejriwal and Pawar likely to join three-day protest in New Delhi – PANJIM: Rahul Gandhi, Usdhav Thackeray Arvind Kejriwal, Sharad Pawar and Prafulla Patel are some of the national leaders likely to join the three-day sit in protest called by mining dependents at Ram Leela Maidan and Jantar Mantar in New Delhi from December 11 We have invited all and they have confirmed their presence, Goa Mining People’s Front (GMPF) leader Puti Gaonkar said. Congress president Gandhi along with AICC secretary and Goa desk incharge Dr Chellakumar State unit president Girish …

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The Curious Case of The Amicus Curiae

An Amicus curiae by definition is a ‘friend of the court’ who assists the court to arrive at an informed decision by offering clear, unbiased, expert opinion about the issue before it. But strangely, in the case against private beach sand mineral miners of TN, the appointed amicus curie’s opinion is grossly deficient in all the three – clarity, neutrality and expertise. The amicus curiae report defeats the very purpose for which it was sought. To understand that purpose, let’s do a quick scan of the background of the case. The chief allegations against the miners are these That illegal …

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Delays Have Dangerous Ends!

Defer no time. Delays have dangerous ends! –  William Shakespeare (Henry VI Part 1) These words of the immortal wordsmith echo in an ominous tone, the doom that awaits Tamilnadu if it doesn’t change its course. Wait. Does that sound too morose and melodramatic? Maybe! But I have my reasons. Read on… Last week, newspapers reported the results of a survey by NewDelhi based Institute of Economic Group on how Indian states fared in specific parameters of ease of doing business. And one of the findings that fix a frown on my face is this – Tamilnadu is one of the worst states when it comes …

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