For over half a century, the fate of Goa’s mining industry has been entangled in a complex legal battle, stemming from the transition between Portuguese colonial rule and Indian sovereignty. Here's the story of the Goa Abolition Act 1987.
https://t.co/rqdZgFK3Te
We wrote to the Director of Mines & Geology, drawing his attention that permitting the mining of dumps would amount to illegal mining, if no prior leases have been granted for the purpose. The letter was in the context of the auctions of mining dumps scheduled on 31.1.2025.
Inter-State Dispute Settlement (ISDS) is an important process by which losses to foreign extractors get protections that can lead to severe issues. This short report quite eye-opening.
@GoenchiMati@goafoundation @PWYPtweets @_YLNM
https://t.co/loc7FfjMab
Discounting is super important when we consider future generations. Basically, discounting treats future generations as lesser than the present generation, violating intergenerational equity.
@GoenchiMati@goafoundation
https://t.co/qKDbYk4wnX
For the @UN#SummitoftheFuture, here's an imp paper by Dr. Edith Brown Weiss, where she revisits the Planetary Trust, the origin of the discussion on intergenerational equity in international environmental law. Our legal work is based on these ideas.
https://t.co/JUbgR8xKk5
A decade since the pathbreaking Goa Mining case judgment. Mining is slowly restarting. The cap & the Goa Iron Ore Permanent Fund are yet to be finally decided. The environmental damage and widespread illegality is yet to be corrected. https://t.co/pnnSywP5Lx
This is important. Under the Transfer of Property Act, title to the minerals moves to the extractor, provided there is (a) a valid lease, (b) the extractor "wins the ore", and (c) the sale consideration is paid to the owner. 1/3
https://t.co/rMGpyLP33M
At present, it isn't clear if royalty is a tax, or is it the sale consideration for the mineral extracted. If royalty is a tax, then what do mineral owners receive in exchange for their minerals - remember, some minerals in some places are owned privately. 2/3
Thrilled to welcome @rahulbasu, Research Director at @goafoundation, as our guest speaker on Feb 1st, 2024, 12 PM Eastern!
🌍 Join us for a crucial discussion on safeguarding Canada's mineral wealth for future generations.
Register here → https://t.co/CQSNqd49ge
Norway taxes oil profits 78% and companies still earn a fair return.
In contrast, Canada is on track to lose 77% of our natural resource wealth to private extraction. That's about $1 trillion lost that could've been invested in sovereign wealth funds to benefit Canadians.
"virtually no money has been recovered from the Rs 35,000 crore and counting mining scam in Goa, with some of the perpetrators of this mining fraud are in line to get fresh rights to bid and win mineral blocks."
https://t.co/Hfq4ckkOE5
"The video reveals Mr Devendra speaking (over cellular phone) with a hitherto-unidentified mining businessperson regarding a ‘transaction’ worth tens of crores in April"
https://t.co/slqbay87m0
"Goa Pradesh Congress Committee has slammed the government for its alleged failure to recover Rs. 271 crore in a mining fraud case."
https://t.co/NhICaT6x8z