-Down to Earth Government takes ordinance route to clear Bill, allowing foreign companies to bid for mineral resources The BJP-led Central government has cleared an ordinance to facilitate the auction of minerals, including ores used to produce iron, manganese and aluminium. In a cabinet meeting on Monday, the government approved Amendments to the 57-year old Mines and Mineral (Development and Regulation) Act. Among other changes, the Amendments will allow multinational companies such...
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MMDR Act set for a revamp, government may issue an ordinance to allocate minerals through auctions -Meera Mohanty
-The Economic Times BHUBANESWAR: The Cabinet will soon consider Amendments to the mining and minerals development and regulation (MMDR) Act, which will extend the reforms under way in the coal sector to minerals such as iron ore and bauxite, according to industry sources familiar with proposed changes in the 57-yearold law. The changes in the MMDR Act, which would stipulate that minerals other than coal, henceforth will also be allocated though...
More »Rajasthan hits the ground running -Shivpriya Nanda & Minu Dwivedi
-The Hindu Business Line Its bold labour reforms are a trendsetter, lending impetus to the ‘Make in India' initiative With ‘Make in India' taking centrestage in India's plan to position itself on a high growth track, far-reaching reforms in the labour, tax and land laws hold the key to the government's ambitions. The abundance of workers is undoubtedly India's biggest asset for its emergence as a preferred manufacturing destination. While the Centre has initiated...
More »I wasn't traceable: Land minister
-The Telegraph New Delhi: Rural development minister Birender Singh today said he could not be traced on Wednesday when President Pranab Mukherjee asked the government to clarify the need for an ordinance to amend the land acquisition law, explaining why it was left to other ministers to justify an ordinance brought by his ministry. The minister ruled out speculation that he was unhappy with the Amendments being made to the Right to...
More »Jail terms proposed for racial bias -Nishit Dholabhai
-The Telegraph New Delhi: The Centre today said it was "considering" two new penal code provisions to punish racial discrimination and racial insults, recommended by a panel as a safeguard for people from the Northeast living elsewhere in the country. Home minister Rajnath Singh announced a slew of other measures too for migrants from the region while signalling acceptance of the M.P. Bezbaruah committee's recommendations. Officials clarified that the proposed Sections 153C...
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