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Why has coal mining been opened up?

-The Hindu The approved methodology for auction of coal mines / blocks for sale will prioritise on transparency and ease of doing business. The Centre opened up commercial coal mining for the private sector on February 20. About 70% of power generated in India uses coal. Domestic coal has been able to meet only 75% of our annual coal demand. * What is the significance of the move? The government has termed it the...

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Sustaining the Amma Unavagams (The Hindu)

-The Hindu Five years after the first canteen came up, the future of the pet project of the then Chief Minister Jayalalithaa hangs in balance due to reports of fall in patronage and mounting losses borne by civic bodies. Budgetary support and operational reforms may be necessary for a course correction Sekar. D was observing this newspaper’s team of reporters as he sat cross-legged on the tiled floor. Then, he abandoned his...

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Iron, steel cos' GNPA for PSBs in basic metals 24%: Govt

-PTI The Indian steel industry contributes approximately 2 per cent to the country's GDP New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017...

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Coal on move, 25 tonnes a minute, is choking Goa, more is on the way -Smita Nair

-The Indian Express Jindal, Adani, Vedanta are Big Three who transport coal from Mormugao Port. Over four months, Indian Express tracks three key routes to find a trail of health hazards, environmental damage. Panjim: Nearly 25 million tonnes of coal — evenly spread across a standard football field, this toxic black mountain will rise almost 3 km into the sky. That is the amount that will be unloaded each year at the...

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Six steps to job creation -Santosh Mehrotra

-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...

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