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India’s crackdown on illegal mining is a huge bonus for big miners

-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

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Why direct cash transfer shouldn’t be used to kill the PDS -G Pramod Kumar

-First Post If we are willing to believe the best practice examples of cash transfers from Brazil and Philippines, and trust the UPA on the fact that their cash-for-subsidy is going to be all hunky-dory, we also have a right to believe Sitaram Yechury’s concerns about the fancy plan. According to the CPM leader, the cash transfer is a ploy by the government to dismantle the PDS and systematically reduce subsidies. “This is...

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Focus on spurious, substandard drugs is more important

-The Economic Times The Union Cabinet has okayed a new price-control formula for pharmaceuticals, which seeks to cap prices at the arithmetic average of all drugs with more than 1% market share in any therapeutic segment that is to be brought under price control. Given that the existing system of fixing prices of select drugs is on the basis of costs, which is rigid, intrusive and prone to manipulation as well,...

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Woman members trained in availing panchayat schemes -Yashaswini SN

-The Times of India MYSORE: Around 100 rural women from across the district are participating in a two-day 'Panchayat committee mela' which began here on Monday. Panchayat members coming under Mahila Samakhaya Karnataka are attending the mela which is aimed at empowering them so they can be self-reliant by availing schemes and programmes. Series of programmes and lectures are being held to educate them on the facilities provided at the panachayat level....

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A BIT about Walmart-Prabhash Ranjan

-The Indian Express After the Centre had announced its intention to allow 51 per cent FDI in multibrand retail, Walmart said it would open stores in India in the next two years. However, without a bilateral investment treaty (BIT) between India and the US, Walmart’s investments in India are likely to be governed solely by domestic laws. If India and the US enter into a BIT, Walmart, reportedly being probed for...

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