27 August, 2011

A mineless mining:

A mineless mining:
This a photo of iron ore collection sport outside of Bellary in Karnataka. Iron ore a scam in karnataka - The New York Times: Aug 1, 2011 - goes as follows "JSW Steel, one of India’s largest producers of iron ore, is accused of making a 100 million rupee ($2.3 million) donation to an educational trust run by Mr. Yeddyurappa’s sons. The company and its affiliate, according to the report, also spent 200 million rupees to buy an acre of industrial land outside Bangalore from the Yeddyurappa family.Mr. Hegde charges that similar land sold in the area at the time for as little as 12.4 million rupees an acre." For more Yeddyrappa play in Karnataka Iron Ore - http://www.nytimes.com/2011/08
/02/business/global/indias-iron-ore-industry-is-called-graft-ridden.html?_r=1&scp=3&sq=mining+india&st=cse