-Press release by Mineral Inheritors Rights Association dated February 18, 2022 The Rajasthan government on 17th February, has taken a positive step in addressing illegal mining in the State. The Directorate of Mines and Geology, Government of Rajasthan has added an important clause to the Bid letter of the Tender document for auction of major mineral blocks. The clause-10 (e) requires the bidder to assert: “I/We have not been convicted of...
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Government infrastructure spending sees steep fall in Q1 -Vikas Dhoot
-The Hindu Fresh investments dip by 18% overall The second wave of COVID-19 and a steep decline in new investment projects from government agencies dented fresh investment plans in the economy by 18% in the first quarter of 2021-22, compared to the previous quarter. Despite the government’s stated push for capital spending to revive the economy, public infrastructure investments almost halved compared to the January-March quarter, bringing total outlays on new infrastructure plans...
More »Needed: full disclosure on electoral bonds -Rakesh Dubbudu and Inayat Sabhikhi
-The Hindu The Supreme Court’s suggestion to ‘match the following’ on political donations is impractical and incorrect In 2014, the Delhi High Court held that both the Congress and the Bharatiya Janata Party (BJP) were guilty of illegally accepting donations from two companies registered in India but whose controlling shareholder was Vedanta, a foreign company. The court held that this was in contravention of the Foreign Contribution (Regulation) Act (FCRA), 1976, as...
More »Did BJP Govt in Goa Allow Vedanta to Process Iron Ore Despite Supreme Court Ban? -Ayaskant Das
-Newsclick.in Vedanta has halted operations and appealed to the Supreme Court against an NGT order which held an environmental clearance as necessary for the purpose. New Delhi: Did the Bharatiya Janata Party (BJP) government in Goa help Vedanta jump the law in order to sell iron ore overseas even as a state-wide ban continues to be imposed on its mining by an order of the Supreme Court of India? After purchasing 1.44 million...
More »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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