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Mineral Price Index: A Pragmatic Step for Mineral Development in India

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-Rajesh Deoliya[rajeshdeoliya@gmail.com]An Index is indication of a value and performance of an asset and commodity with reference to certain predefined parameters. Index gives idea of behavior of specified commodity or asset in the time and space and help in quick and rational decision making. Index also help in planning purposes in the production schedule of minerals where grade and mineral conservation is prime concern in-turn it also helps in sustainable mining. Therefore, when government of India recently introduced National Coal Index (NCI), it is considered as a pragmatic step to help coal miners and government to decide the coal block bidding parameters. Now there is proposal for National Mineral Index. The National Mineral Policy, 2008 and 2019, says that “the approach shall be to make available mineral based material to domestic users at reasonable prices as determined by market forces”, and further states that “prices should reflect their value … ". The old mineral law…

2G Spectrum- Reason for Mineral Auction in India

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-Rajesh Deoliya [ rajeshdeoliya@gmail.com]THE grant of licenses for business always invite questions of transparency and related litigation to delay the purpose for which it was granted. The 2G spectrum case has dealt the methods of grant of licenses in detail and preferred auction as better mean for allocation of natural resources. In doing so, the apex court analyzed the a) the doctrine of public property, b) First – cum- First – Serve method of grant and c) auction method for grant of natural resources. Interestingly, use of word "auction" surfaced first time in the recommendation of Telecom Authority of India (TRAI) in year 2007 though it was not preferred over the First-Cum-First Serve criteria for allocation of spectrum. This decision of central government created uproar and brought drastic changes in grant of licenses in the country. T…

Flood Management: Need of New Approach To Save Environment

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Rajesh Deoliya[rajeshdeoliya@gmail.com]The states of Assam, Bihar and Uttar Pradesh in India are highly vulnerable to flood, year after year, the extent of flood and associated damage is alarming and need attention from the state and central government to formulate a fresh, short and long term comprehensive policy with objective of mitigation of severity of flood and also reducing the damage permanently. The floods occur in other states too but severity compare to Assam, Bihar and Uttar Pradesh is lesser. The disastrous situation certainly warrants the expert services of disaster managers of National Disaster Management Authority (NDMA) and their state counterparts, but much more is the need of hour. The services offered by these agency are limited to relief measures only and other agencies should also be involved. The 71th report of Standing Committee on Finance (2018-19) described the cataclysmic flood and assessed that over 40 million hectares land amounting to about 12% land exten…