-The Hindu While opening up the coal mining SECtor, the govt. must protect the interests of Coal India The Centre’s decision to liberalise norms for entry into coal mining and relax regulations on mining and selling coal in the country is significant in many respects. Amendments to two legacy Acts through the Mineral Laws (Amendment) Ordinance 2020 cleared by the Cabinet on Wednesday will free the SECtor from restrictions that were inhibiting...
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Farmers stare at another loss despite good rains. They need a boost from govt -Richard Mahapatra
-Down to Earth Indian farmers have accumulated huge debts due to crop damages and less remunerative price for produce When the National Statistical Office released the advance estimate of gross domestic product (GDP) growth for the 2019-20 fiscal year, the optimism for farmers — with an above-normal monsoon — fizzled out. India’s GDP growth for the current financial year was pegged at 5 per cent, the lowest in 11 years. In 2018-19, the...
More »Reveal information on those seeking SECrecy of donors of electoral bond scheme: CIC
-Moneylife.in In a historic decision, the Central Information Commission (CIC) has asked the government to reveal names of entities that have requested SECrecy of donors identities in the electoral bond scheme. Coming down heavily on the central public information officers (CPIOs) of the department of economic affairs (DEA), department of financial services (DFS), department of revenue (DR), and Election Commission of India (ECI), the central information commissioner, Suresh Chandra issued show cause...
More »Reality check: on govt projecting slower GDP growth
-The Hindu Misplaced optimism needs to cede ground to tangible policy interventions The government’s advance estimates for economic output and growth for the fiscal year ending in March may raise eyebrows, but only for the wrong reasons. The National Statistical Office (NSO) has estimated that Gross Domestic Product (GDP) will expand by 5% in the 12-month period, in line with the Reserve Bank of India’s sharp downward revision last month in its...
More »Modi govt policies hampering India's economic growth, foreign policy: risk firm -Suhasini Haidar
-The Hindu Eurasia Group places India as 5th highest geopolitical risk in 2020 list India has been ranked the 5th highest “Geopolitical Risk” in 2020, according to a list of 10 global risks in the year ahead, compiled by the Eurasia Group, a leading global political risk management consultancy. It said that in its SECond term, the Narendra Modi-led NDA government’s “social” policies were affecting India’s economic agenda and foreign policy image. “Prime...
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