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India court okays UK mine project | India court okays UK mine project |
(11 minutes later) | |
The Indian Supreme Court has allowed the British company Vedanta Resources to mine bauxite in the forests of the eastern state of Orissa. | The Indian Supreme Court has allowed the British company Vedanta Resources to mine bauxite in the forests of the eastern state of Orissa. |
But, the court said, the company will have to pay for the development of the region out of its profits. | |
The company has an agreement with the state government to set up a bauxite refinery in the Niyamgiri mountains. | The company has an agreement with the state government to set up a bauxite refinery in the Niyamgiri mountains. |
The region is considered sacred by tribes who live in the area and is protected by the constitution. | The region is considered sacred by tribes who live in the area and is protected by the constitution. |
Environmental and tribal activists have opposed Vedanta's plans saying the mines will force people from their homes and destroy their livelihoods. | Environmental and tribal activists have opposed Vedanta's plans saying the mines will force people from their homes and destroy their livelihoods. |
In India, both the state and central government back the Vedanta plan as part of efforts to industrialise and exploit the mineral resources of underdeveloped eastern India. | |
The Supreme Court told the Indian unit of Vedanta, Sterlite Industries, that they will have to pay 10% of thier profits or 100m rupees (whichever is more) into the development of the region. |