Q1 of 43 Page 67

Discuss the pros and cons of allowing private companies to mine our minerals. How do you think can they be regulated? How do you think can the environmental concerns be taken care off?

1. Although private companies are ready to invest in newer technologies in order to enhance productivity, they tend to work for profit and therefore exploit resources to their level best so as to reap high amount of benefits.

2. In the due course, they often neglect the impact of their actions on environment as well as the labour force involved. Therefore, there is a need for regulatory mechanism in order to keep their activities in check.


3. Regulation can be adopted through government policies related to the no. of mines under private companies as well as environmental friendly policies with certain fixed rules and regulations regarding cleanliness and proper waste disposal.


More from this chapter

All 43 →
1

How does the government use the minerals?

 1

How does the government use the minerals?

 2

If all the people of the country are the real owners of the mineral resources, how can we ensure that these resources are used for the benefit of all?

 3

Do you think that the generations to come, that is our children and our grand children, too should be able to use these resources? How can we ensure that they are available to them too and not exhausted?