Mining scams in India

Mining scams in India (colloquially Indian mining scam) refers to a series of alleged widespread scams in various ore-rich states of India, which has generated controversy. Such issues span encroachment of forest areas, underpayment of government royalties, and conflict with tribals regarding land rights. The spill-over of the effects of legal mining into issues such as Naxalism and the distortion of the Indian political system by mixed politics and mining interests, has gained international attention.

The latest scam that has come out is the coal mining scam in which the government has had a presumable conservative loss of Rs 1.86 trillion (short scale), due to the delayed implementation of a competitive bidding process for allotment of coal blocks, says the Comptroller and Auditor General of India (CAG).

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.