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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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Now, Centre to cap subsidy on cooking gas -Jyoti Mukul & Sudheer Pal Singh

-The Business Standard So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy Taking the next step in liquefied petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders. So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy. Union Petroleum Minister Dharmendra Pradhan told Business Standard a...

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And peanuts for MGNREGA -Bunker Roy

-The Indian Express We want Prime Minister Narendra Modi to succeed in his national campaign to tackle the vast problems of the poor in Bharat. But his one-time contractor turned Union minister for rural development is succeeding in making his own prime minister look contradictory and indecisive to the nation and the world. The prime minister talks about constructing toilets and improving sanitation, opening bank accounts for every poor, excluded family,...

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Making MGNREGA deliver better -Rajiv Kumar

-The Financial Express The proposed MGNREGA changes can help plug the leakages and enhance agriculture productivity There is good news about the Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) scheme. Recent press reports reveal that the rural development minister, Nitin Gadkari, has instructed lowering of the mandatory share for unskilled wages in total expenditure from the current 60% to 51%. He has also directed, quite rightly, that 50% of the expenditure be...

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Quieter, steadier -Vikram S Gandhi

-The Indian Express The prime minister's Jan Dhan Yojana (JDY) is, in many ways, an improvement over previous financial-inclusion schemes. And with an aggressive target to cover 15 crore households with basic banking services, including an overdraft facility, debit card as well as accident and life insurance cover, it is the most ambitious attempt yet. However, to achieve its promise, the JDY needs to focus on implementation. As suggested by the...

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