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Govt to bring in ordinance for auction of coal blocks to private firms

-The Hindustan Times The government plans to put up coal mines for bidding by private Steel, power and cement companies and introduce changes in the law to enable commercial mining in the future, signalling its intent to fully open the sector to private players. The new auction-based system will replace the earlier controversial policy of allotting coal blocks based on recommendations of a panel of bureaucrats, which the Supreme Court had struck...

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Labour Minister Shri Tomar announces launch of Minimum Pension Scheme across 120 locations in India

-Press Information Bureau/ Ministry of Labour & Employment The Union Minister of Labour & Employment, Steel and Mines, Shri Narendra Singh Tomar announced the launch of a guaranteed minimum pension of Rs 1000 per month under Employees' Pension Scheme, 1995. Speaking to journalists at a press conference in here today, he said, the Union Government has decided to organize functions in every office of the Employees Provident Fund Organisation spread across...

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Making labour the fall guy -Latha Jishnu

-Down to Earth   BJP thinks undoing labour laws will spur a manufacturing boom. Even now workers enjoy little protection or social security In recent weeks, the pink press has been singing paeans to a new star in the political firmament, one whom they see as a worthy disciple of the man who gave us the "Gujarat model" of development. The media's new discovery is none other than Vasundhara Raje, the Rajasthan...

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Centre's rush to clear industrial projects will impact environment -Darryl D’Monte

-The Hindustan Times The entire framework for monitoring environmental compliance is being dismantled systematically. This is a process that actually began with the UPA government, which replaced the feisty environment minister Jairam Ramesh with the more pliant Jayanthi Natarajan. With industry lobbies still crying wolf, she too made way for Veerappa Moily, the petroleum and natural gas minister, without the UPA seeing anything contradictory in someone holding both those responsibilities. In just a month,...

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RIP Planning Commission -Nitin Desai

The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...

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