Goa Chief Minister Manohar Parrikar has taken objection to capping of iron ore production in the state in the name of 'intergenerational equity'.
"Intergeneration equity has now become a fashionable word. Why is it used only for Goa? The 20 MT capping on extraction of iron ore is for Goa and not anywhere else," Parrikar said here at the Annual General Body meeting of Goa Chamber of Commerce and Industry (GCCI), last evening.
'Intergeneration equity' is a concept which advocates humans should preserve nature and environment for both present and coming generations.
The Supreme Court in its recent verdict on illegal mining in Goa, ruled that the capping of 20 MT should be imposed on fresh extraction of iron ore.
He said that alongside talking of capping of extraction, control on consumption should also be discussed.
Taking a dig at environmentalists, Parrikar said those who oppose coal, sand and iron ore mining have no right to sit in air-conditioned rooms.
Source: Business Standrad
- metaljunction »
- Metal News
Metal News & Events
METALJUNCTION PUBLICATIONS
Coal Insights (English) Monthly
Coal Insights is a ready reckoner for anyone associated with coal. This publication is aimed at tracking everything related to coal in India.
India Coal Market Watch(English) Monthly
ICMW is a one-stop source for all news, data and research pertaining to coal demand, consumption, stocks, spot- and long-term prices with respect to the Indian Market.
India Steel Market Watch (English) Monthly
ISMW is a brand new high-end steel market report, covering all aspects of the steel industry in India.
Steel Insights(English) Monthly
Steel Insights delves into various facets of the domestic and global steel industry such as market fundamentals, raw material price trends, price forecasts etc.