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Tata, Vedanta mining lease ends in March; Govt for fresh Auctions

-IANS The move to not extend non-captive mining lease will impact 334 mines belonging to cos like Tata & Vedanta. NEW DELHI: In a setback for the mining industry, the government is set to reject a proposal to extend non-captive mining leases of companies that are expiring after completing 50-year period in March, 2020. The move will impact about 334 mines belonging to companies such as Tata Steel, Vedanta Limited, Essel Mining, V.M....

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Will foreign companies now 'loot' India's coal? -Abir Dasgupta & Paranjoy Guha Thakurta

-Newsclick.in Allowing 100% FDI in coal mining is raising apprehensions that foreign companies will now ‘plunder’ mineral resources for commercial purposes for sale in the open market. The Narendra Modi government’s decision to allow 100% foreign direct investment (FDI) in coal mining has been opposed by the Left on the ground it would enable multinational mining companies to “plunder” the country’s mineral resources. Those supporting the move, however, argue that foreign investment in...

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Explained: Why kurki ban on farm land is not working in Punjab villages -Anju Agnihotri Chaba

-The Indian Express Kurki is attachment of farmers’ land by banks or arhtiyas/sahukars/traders (commission agents and private money lenders) in the event of non-payment of loan or debt. Two years after Punjab government notified a ban on kurkis or attachment of farmers’ land by banks in the event of their defaulting on loan payments, several such cases are taking place daily across districts in the state’s Malwa region. Here’s why. * What...

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Sugarcane dues: A Maha-Glut problem -Parthasarathi Biswas

-The Indian Express While the Devendra Fadnavis government in Maharashtra can claim satisfaction for doing everything possible to ensure payment by mills — and before state polls, hardly three months away — that sentiment isn’t really echoed on the ground. Pune: Maharashtra’s Assembly elections are due in October, which is also when the next 2019-20 sugar season takes off. “The current unpaid dues to our cane growers will be cleared well...

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Selling government data to the private sector: It's complicated

-The Telegraph There are concerns that the proposal in the Economic Survey would end up privatizing a public good The Economic Survey has proposed that data of citizens obtained by the government be monetized for social benefits. It has claimed that data are a public commodity and, hence, people should benefit from large data sets. It has been proposed that data should be sold by the government to private entities like corporations...

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