SC permits 16 mining cos to operate in Goa
The Supreme Court on Friday vacated the stay and permitted 16 out of the 18 mining companies to carry out extraction of iron ore from forests in Goa.
By TNN |
NEW DELHI: The Supreme Court on Friday vacated the stay and permitted 16 out of the 18 mining companies to carry out extraction of iron ore from forests in Goa.
A Bench headed by chief justice K G Balakrishnan passed the order after perusing the report of apex-court appointed central empowered committee (CEC).
The report said there were procedural lapses in the allotment of forest land and the companies could be allowed to carry out mining activities on payment of net present value (NPV) of diverted forest land and compensatory afforestation price (CAP).
A Bench headed by chief justice K G Balakrishnan passed the order after perusing the report of apex-court appointed central empowered committee (CEC).
The report said there were procedural lapses in the allotment of forest land and the companies could be allowed to carry out mining activities on payment of net present value (NPV) of diverted forest land and compensatory afforestation price (CAP).
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