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Concentration of power in India Inc: Regulator reviews seven key sectors -Pranav Mukul and Anil Sasi

-The Indian Express Simultaneously, it has started a review of all model concession agreements — the legal contract that forms the basis of the public-private partnership — across four key infrastructure sectors: airports, ports, electricity and railways. AMID the unprecedented concentration of power in at least seven core sectors in corporate India, from pharma and telecom to airports and ports, the Competition Commission of India has launched a set of detailed investigations...

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Despite Stimulus, Data Shows The Government May Be Spending Less, Not More -Mariyam Alavi

-NDTV According to the data available with the Controller General of Accounts, however, the central government's total spending fell from ₹ 14.9 lakh crore in April-September 2019 to ₹ 14.8 lakh crore in April-September 2020, a drop of almost 1 per cent. In a year when the government has announced multiple stimulus packages to revive India's covid-hit economy, the central government has spent less than the previous year, NDTV has found. The...

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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade

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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‘No-GM’ certificate mandatory for imported food crops from January -Meenakshi Verma Ambwani and TV Jayan

-The Hindu Business Line FSSAI issues order on 24 items even as it works on regulations for GM foods Come January 1, 2021, importers of 24 major food crops will have to mandatorily declare that the products are not genetically-modified and that they also have a non-GM origin. The Food Safety and Standards Authority of India (FSSAI) has come out with this order to ensure that only non-GM food crops come into the...

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Relief for farmers: Centre eases agri produce sale rules amid Covid-19 -Rajesh Bhayani

-Business Standard Allows farmers to sell produce directly to retail chains, bulk buyers for 3 months Mumbai: A series of central government notifications and letters to states in the past two days will enable agri and food products to reach consumers in a timely and efficient manner. The measures include limiting jurisdiction of APMCs (Agricultural Produce Market Committees) to their physical premises, allowing big retailers and even commodity processors to buy directly from...

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