Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
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Activists Oppose 10-day Public Consultations on Mining Reform, Seek Extension -Abir Dasgupta
-Newsclick.in Members of civil society and concerned activists have condemned a proposal for mining reforms issued by the Ministry of Mines. The notice that was made public on August 24 proposing substantive changes to mineral laws, rules, and regulations, is seeking public comments within a period of 10 days. Bengaluru: On August 24, the Union Ministry of Mines posted on its website a “note on proposal for Mining Reforms”. The note detailing...
More »Government compromises on Pre-Legislative Consultation Policy (2014) and RTI Act to push forward mining reforms, allege civil society activists
--Press release by Mineral Inheritors Rights Association (MIRA) dated 27th August, 2020 The Ministry of Mines has put up a notice on 24th August, 2020 seeking public comments on substantial matters of reform of mineral laws, rules and regulations within a period of 10 days, i.e. 3rd September, 2020. The state governments have not yet been consulted and a 10-day period for the states to respond undermines the federal spirit of...
More »Reimagining India’s welfare toolkit -Yamini Aiyar
-Hindustan Times Universalise PDS, make it demand-driven; give more funds to states; and ramp up MGNREGS I pen this column with a depressing sense of deja vu. Back in late March as India went into lockdown, I wrote in these pages of the urgent need for the State to change the rules of the game, avoid red tape, improve Centre-state coordination and adapt agile administrative processes as it sought to provide relief...
More »People's Bank of China acquires stake in ICICI Bank
-The Telegraph Move comes amid the standoff between New Delhi and Beijing in Ladakh and Modi govt tightening its rules on FDI from the country Mumbai: The People's Bank of China (PBOC) — the Chinese central bank — is using the portfolio route to pick up stakes in Indian companies amid the standoff between New Delhi and Beijing in Ladakh and the Modi government tightening its rules on foreign direct investment (FDI)...
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