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The limits to India’s privatization push -Arjun Srinivas

-Livemint.com * Privatizing more PSUs is once again the flavour of the season. But data reveals govt is ignoring some hard truths * There are only a handful of sectors where a disproportionate market share and the nature of business gives government firms a case to command a premium About 10 days after the central government iterated on the floor of Parliament its resolve to privatize businesses owned by it on a scale...

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Mining Sector -- unburdening the legacy issues -Richa Mishra

-The Hindu Business Line The government plans to bring in structural reforms in this crucial sector. But the devil lies in the detail India has huge mineral deposits, but the country’s Mining Sector is still suffering from legacy issues. Making a fresh attempt for a course correction, the Union Cabinet recently approved a blueprint to usher in reforms in the Mining Sector. This blueprint, which will be presented in the coming Parliament session,...

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‘Work from home’ part of new service norms

-The Hindu Draft Model Standing Orders are out New Delhi: The Union Labour and Employment Ministry has sought comments and objections on the draft Model Standing Orders, which are the legally-binding documents that govern service conditions of workers, for the service, manufacturing and Mining Sectors, a Ministry statement said on Saturday. The Ministry published the drafts on December 31, 2020, inviting comments from stakeholders for 30 days. “Keeping in view the needs of the...

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Modi Govt Tweaks Green Law to Allow Coal Extraction Sans Final Forest Clearance -Ayaskant Das

-Newsclick.in The move is aimed at helping corporate biggies that have recently forayed into the commercial coal Mining Sector. New Delhi: In yet another attempt to help corporate biggies that have recently forayed into commercial coal mining, the Narendra Modi government has tweaked an environmental law to allow extraction of combustible mineral even before obtaining final forest clearance. The Forest Advisory Committee (FAC) of the Union Ministry of Environment, Forests & Climate Change...

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Criminal leaders rise during mining booms -Tauseef Shahidi

-Livemint.com A new study from India links the rise in mineral prices to the electoral success of politicians with violent crime records The Mining Sector in India has earned a bad name for itself due to its frequent links with corruption and crime. Bribes are often given away for licences and approvals, and whistleblowers risk violence. A new study has found that a boom in the Mining Sector can even be linked...

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