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Modi’s India proves that liberal economics can happily coexist with political illiberalism -Indrajit Roy

-Scroll.in Going against conventional wisdom, the Indian middle class is not a source of liberalism. A profound contradiction lies at the heart of contemporary India’s political economy. On the one hand, it embraces economic liberalism. In September 2020, it legislated laws aimed at liberalising agriculture from state-guaranteed protections. The recent budget, passed in February, was high on promises of accelerating divestment of public sector undertakings. On the other hand, however, this enthusiasm...

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Government eases public hearing rules for legacy mining cases -Mayank Aggarwal

-India.Mongabay.com * In its latest decision, the Indian government’s ministry of environment has come out with an order to help a certain category of mining projects avoid public hearing while seeking environment clearance. * This decision is mainly for projects which were granted environment clearance under environmental impact assessment notification 1994 after a public hearing was conducted. * But experts note that public hearings should be understood as a critical tool for good...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Govt Dilutes Environmental Safeguards--By Making Them Simpler -Meenakshi Kapoor

-Article-14.com In 2018, India diluted environmental safeguards when it ‘standardised’ or made simpler permissions for industry by expert panels. Now, as the government pushes the use of dirtier domestic coal by power plants, further dilution is underway, increasing health risks and imperilling the environment New Delhi: Standardised conditions will be “monitorable”. They will bring “uniformity”. They will help in “expediting the process of environmental clearance without compromising environmental norms”. These are claims the ministry of...

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Single law mooted to replace air, water, environment acts -Jayashree Nandi

-Hindustan Times The official added that the reason it makes sense to have one law is because provisions of the existing air, water, and environment laws overlap India could soon have a single law governing air, water and environment-related activities, one of the senior-most officials in the Environment Ministry said on Tuesday. The Union Environment Ministry plans to table a new environmental management law that will subsume the Air Act 1981, Water...

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