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India to raise compensation, mines have to pay displaced people PDF Print E-mail

NEW DELHI

Monday, 22 Feb 2010

India plans to raise the compensation for people displaced by large mining projects, the federal mines minister said on Monday, in a move that could soothe opposition to leases but will raise costs.  The government will introduce a new bill...

...probably in the current session of parliament, to raise the payout to affected people and direct large mining firms to link the payment to their profits, B.K. Handique told Reuters in an interview.  "It will not only be a one-time payment. We are thinking of giving them annuity throughout the year from their profit domain," he said.

 For entire story download pdf (2 pages).

 Also more on involuntary resettlement and mining can be found:

  1. Finding common ground pdf download   (ISBN:  1-85383-90708)
  2. Avoiding New Poverty:  Mining-induced displacement and resettlement (PDF download ).  (Downing, Theodore E. 2002b)
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Last Updated ( Tuesday, 06 April 2010 )
 
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