Faced with a massive public outcry and fierce opposition from tribals, the government has, in a landmark move, decided to give tribals and other affected populations a share of the profits made from exploiting mineral resources from their land. The Group of Ministers (GoM) headed by finance minister Pranab Mukherjee on Friday finalised the contours of the draft for a new mining bill, which makes it mandatory for mining companies to...
More »SEARCH RESULT
Total Matching Records found : 2030
Government asks banks to submit MFI loan, NPA data by Manojit Saha
Two months after the crisis in the microfinance industry broke out, resulting in the possibility of bank loans to the sector becoming non-performing, the government now wants to do a reality check. Last evening, the finance ministry dashed off a letter to public sector banks, Small Industries Development Bank of India and National Bank for Agriculture and Rural Development, asking them to furnish data on how much exposure they have to...
More »Experts group examines NAC recommendations on Bill by Gargi Parsai
Food Ministry asked how it proposed to reform PDS to plug leakages “Present procurement of foodgrains is between 50 and 55 million tonnes” In the first meeting on Friday of the experts group set up by Prime Minister Manmohan Singh to examine the recommendations of the National Advisory Council (NAC) on the proposed National Food Security Bill, senior officials were asked to come up with firm calculations. Chairman of the Prime Minister's Economic...
More »Court to examine Ratan Tata's petition on Radia tapes by J Venkatesan
Notice to Centre, CBI and Outlook and Open magazines The Supreme Court on Thursday decided to examine industrialist Ratan Tata's petition, which alleged that publication of the tapes of his private conversations with corporate lobbyist Nira Radia had infringed his right to privacy, and issued notice to the Union government, the CBI and the Outlook and Open magazines, seeking their response in 10 days. A Bench of Justices G.S. Singhvi and A.K....
More »Rangarajan panel to examine NAC suggestions on food bill tomorrow by Gargi Parsai
The experts group, chaired by chief of the Prime Minister's Economic Advisory Council C. Rangarajan, set up by Prime Minister Manmohan Singh to examine the recommendations of the National Advisory Council (NAC) on the proposed National Food Security Bill, will hold its first meeting here on Friday. Even as the NAC is formulating the draft Bill, the experts group will examine the proposals and come up with its suggestions. A meeting of...
More »
