The Rio Tinto Diamond project in India is in Trouble due to environmental Issues.
The Diamond mining project of Rio Tinto in the Madhya Pradesh state of India is at stake and delayed. The project is situated in the Madhya Pradesh state of India. It is falling in the forest and forest clearance has taken such a long time ( pending since more than 5 years. ) the diamond project is one of the biggest project and as news is available the project cost about INR 2000 Cr and is a mojor industrial project.
Now look at the sincerity of the government officials that they are not able to reach to the conclusion about the effect on forest from the proposed project. The time has come that a time bound approach is required and firm decision should come from the competent authorities- Yes or No.
The project will require cutting of trees but solution should come.
Any delay send signal to the investors that the industrial scenario in India is not investor friendly and government machinery of insensitive. It can also be inferred that they are not competent.
Hope this project would be given green signal and boost the local economy.
The new mining rules of government of India has created hurdle in the development of the mining industry.
The Diamond mining project of Rio Tinto in the Madhya Pradesh state of India is at stake and delayed. The project is situated in the Madhya Pradesh state of India. It is falling in the forest and forest clearance has taken such a long time ( pending since more than 5 years. ) the diamond project is one of the biggest project and as news is available the project cost about INR 2000 Cr and is a mojor industrial project.
Now look at the sincerity of the government officials that they are not able to reach to the conclusion about the effect on forest from the proposed project. The time has come that a time bound approach is required and firm decision should come from the competent authorities- Yes or No.
The project will require cutting of trees but solution should come.
Any delay send signal to the investors that the industrial scenario in India is not investor friendly and government machinery of insensitive. It can also be inferred that they are not competent.
Hope this project would be given green signal and boost the local economy.
The new mining rules of government of India has created hurdle in the development of the mining industry.
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