InterviewSolution
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a) Discuss the pros and cons of allowing private companies to mine our minerals. b) How do you think they can be regulated? c) How do you think can the environmental concerns can be taken care of? |
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Answer» a) Pros: A New National Mineral Policy was announced in 1993, and the government allowed private companies to lease mines and operate them. The companies were to pay a royalty to the government for the minerals they extracted and sold. In this way the government could retain regulatory control over the mining, get income from them and at the same time encourage private companies to invest money and bring in new technologies. Cons: On the other hand, there has also been uncontrolled mining by the private companies far in excess of the permits given to them and disregard for environmental and safety measures. Excess mining means that more quantity is mined than is sustainable on a long term. It also means that the minerals are taken away by companies without paying royalty to the government – thus the people to whom the minerals really belong to do not get anything. It can also be environmentally very harmful. b) Mines should be under the control of the government. If they are given to others, there should be the supervision of higher officials and local people. c) Preference should be given to the mining people, who are interested in underground mining. The pit and the mound of rubble which is created should be properly disposed of. Necessary steps should be taken to control the sand pits. |
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