Vedanta mining a political analysis of

The Hindu tradition regards the Vedas as being apaurusheya—i.

Vedanta mining a political analysis of

Vicky Nanjappa reports The recent disclosure by mining group Vedanta Resources that it paid Rs 28 crore to political parties in India over the past five years has once again put under the scanner corporate donations of such nature.

Vedanta Resources was listed on the London Stock Exchange in and since then started making donations to political parties in India. Since the company is not listed in India it is not allowed to make political donations of any sort.

Political donations from Indian companies are permitted under the Companies Act of But multinationals cannot make these donations.

Under Section 3 1 e of the Foreign Contributions Regulation Act,"no foreign contribution shall be accepted by any political party or office bearer thereof".

Interestingly, the Vedanta group has made a declaration of the amount donated, but the name of the political parties has been kept a secret.

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The annual report does not say anything about parties that received the donations and the name of the donor. The annual report suggests that such political donations were made through a trust.

We are trying to find out the name of the trust," said the NEW official. The Companies Act of makes it very clear that any company, which donates any money to a political party, should seek the approval of the board and its shareholders and also declare the same clearly.

If this is not done they are liable to a fine and also a jail term. It is necessary to get into the crux of this matter since if political donations are coming in from foreign funds and these firms could control the country," said Bariwal.

Even when one goes through the list of corporate donors in India, the names of Vedanta and its subsidiaries does not figure. Political parties are rule bound to declare the names of the donors and in the list before the Election Commission of India, these are the names that crop up.

Political donations in Rs 10 crore by Bharti Electoral Trust, Rs 2. Rs 5 crore by General Electoral Trust, Rs 2. Rs 3 crore by Bharti Electoral Trust, Rs 2. Five mines operated by Vedanta subsidiaries -- VS Dempo and Company and Sesa Goa Ltd -- were been pulled up by the Goa government for illegalities in mining operations in This claim was however denied by Sesa Goa and it said no illegal transaction was done with regard to export of iron ore as the shipments had reached the Krishnapatnam port before the ban on its transportation took effect.

Vedanta - Wikipedia A warning about right wing critiques of aid Conclusion and recommendations Copper from Cape to Cairo The question as to who, and what, is responsible for African underdevelopment can be answered at two levels.
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Further, the name of Sesa Goa had also cropped up in the Shah Commission of Inquiry, which probed the illegal mining scam in Goa. The cost of this is estimated at Rs crore.

Further, there were also allegations that the firm had paid every political party in Goa to further its business, a claim that has been rejected outright by the company.In a major contribution to the on-going debate on imperialism, Patrick Bond argues that an explanation of imperialist political-economy and geopolitics must incorporate subimperialisms.

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Badarayana summarized and interpreted teachings of the Upanishads in the Brahma Sutras, also called the Vedanta Sutra. Badarayana summarized the teachings of the classical Upanishads and refuted the rival philosophical schools in ancient India.

Vedanta mining a political analysis of

The Brahma Sutras laid the basis for the development of Vedanta philosophy. 'Namibia to pass new mining empowerment laws by April ' The new law is part of an empowerment drive to fight poverty, the mines minister said on Thursday.

Presystematic philosophy

21st January In December Foil Vedanta activists made a trip to Zambia to investigate the operations of Vedanta subsidiary Konkola Copper Mines (KCM), Zambia’s biggest copper miner, and to make links with grassroots movements, academics, journalists and those in the political system who may be questioning the unjust terms of copper mining in their country.

Historical development of Indian philosophy Presystematic philosophy Shruti and the nature of authority. All “orthodox” philosophies can trace their basic principles back to some statement or other in the Vedas, the texts that are generally awarded the status of scripture in Hinduism but not in Buddhism or Vedanta schools, especially, had an affiliation with the authority of.

Indian philosophy - Historical development of Indian philosophy |