Increasing Transparency and Accountability in the Extractive Industries – Authors Ritwick Dutta, R. Sreedhar and Shibani Ghosh
Summary
The extractive industry in India is expanding due to liberal government policies, high rates of return, low investment risks and governmental patronage. However, it has remained largely opaque and unaccountable for its environmental and social impacts. Legal, administrative and legislative measures that are friendly to the extractive industry are regarded as some of the main reasons for the industry’s rapid growth.
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