You are here. Home;» Reports and Documents;» Note for Ashok Chawla Committee on Allocation of Natural Resources (CANR). The Committee on Allocation of Natural Resources (CANR) under the chairmanship of Shri Ashok Chawla submitted its report on 31st May. Ashok Chawla Committee on Allocation of Natural Resources The report of the Committee has been hanging fire since it was submitted in.
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The process of seeking political consensus from States for making the Act more effective should be taken up pro-actively by the Union Government’s Ministry of A,location Resources. Then exploration can rise to the next level through an open acreage licensing policy, by which companies can bid for any blocks they like, rather than asho, government cherry-picking blocks for auction.
But the valuations are insubstantial. Red-faced over the 2G scam, the underproduction of gas from the KG Basin reported by Reliance Industries, and botched allocations to private parties of other natuural resources such as land, the United Progressive Alliance government set up a committee in February, for policy recommendations on these issues.
Jagran Prakashan Ltd A verifcation code has been sent to your mobile number Please enter the verification code below. Allpcation budget smartphones won’t let you down WhatsApp won’t work on these smartphones after December 31 Nokia 9 PureView images leaked, shows off rear Penta-lens setup Xiaomi Poco F2 to be launched soon, no big surprises expected OnePlus 6T offers in India: Pitching for strong transparency in the coal sector, the Committee has stated that format of the minutes of the meeting of the Standing Linkage Committee Long Term were allocation decisions are made should be standardised.
A sneak preview of the report of the Chawla Committee
So independent mining companies should be allowed to supply to end-users. Industries to pay for groundwater extraction from June. This would be an extension of the current policy that allows excess captive production to be sold by CIL and would also need to be examined in Ministry of Coal.
The GoI in Augusttold the Supreme Court that the report was still under consideration, and it had not accepted the reccos of the Committee.
Mining India should adopt the model used in Australia and South Africa, where “juniors” ocmmittee for potential reserves and sell the data to commercial miners. Even till then, gas used for power generation should not be subsidised.
Ashok Chawla Committee on Natural Resource Allocation
The formula thus needs to be revised, and must factor in the value of the land. Coal The Coal Mines Nationalisation Act,creates a legal hurdle in ending Coal India’s monopoly, because it specifies that end-users must either have captive mines or buy from the public sector unit.
About us Work with us Contact us Share your content. At present, companies pay only for the value of the trees they cut down. E-auctions mostly end up forcing users to aggregate supplies from various sources.
Note for Ashok Chawla Committee on Allocation of Natural Resources (CANR)
To know resoources past controversies on natural resource exploration, esp wrt gas, please read the following post. In the process of suggesting mechanism for resource allocation, the panel is expected to study auction mechanism for spectrum for third generation 3G mobile telephony and broadband services.
This will help companies to plan better the quantity and price of their bids in auctions, and prevent hoarding and unrealistic premiums. Wednesday, 19 December 6: It has also recommended creating a platform for transaction of coal.
Ashok Chawla Committee on Natural Resource Allocation
The Committee recommends aquifer level mapping, along with hydro-geological studies, and repirt projects to be initiated in different settings to address the problems of groundwater management urgently.
For the petroleum and gas sector, the Committee is of the strong view that there should be more public disclosure of issues relating to investment audit and exploration commitments and address concerns about the asymmetry in past bid monitoring.
The Committee has recommended allowing independent mining firms to take part natudal the auctions for captive blocks, with suitably notified groups of end user firms.
Prices should be benchmarked to international levels through auctions. Allocations in all sectors except fertilisers-and that, too, only for some more chasla should stop, and this includes the power sector. India Water Portal is an Arghyam initiative.
Kerala, HP, TN top development goal index. Printable version Jan 1, 4: The major recommendations of the Committee are – The Committee sees an urgent need to have a comprehensive national legislation on water.
I dont have the report, actually I dont if it has been released publicly. Newer Post Older Post Home. A non-government regulator should oversee the process. The report of the Committee has been hanging fire since it was submitted in May and accepted by the Group of Ministers headed by Pranab Mukherjee at its meeting on October 15, Raja’s alleged favouring of some applicants for 2G licences, and the infiltration of Karnataka’s Bharatiya Janata Party government by the Reddy brothers, are examples of this.
Please Email the Editor. Allocation should be unbundled from the issuing of allovation, so that companies can trade spectrum.
The panel, headed by retired Finance Secretary Ashok Chawla, favours a move towards market-linked solutions. Related Topics Industry Business coal. Reddy 8 September at Anonymous 1 October at The committee is expected to make generic recommendations on the overall mechanism of allocating resources and take a sectoral view.
Get Rs 1, instant discount, extra Rs 2, off on exchange More. View the discussion thread.
It has strongly pitched for greater disclosure of existing approval processes, such as meetings of the MC. Under the open acreage policy, an exploration company can express its interest in a block any time as asbok to the current system of periodic auction of blocks by the government. Weekly News and Policy Updates.