User: esg Topic: Issues
Category: mining :: fdi
Last updated: Jul 07 2017 09:54 IST RSS 2.0
 
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What Modi told Xi in Ahmedabad 7.7.2017 Rediff: News
'Xi Jinping got a dose of Modi's medicine inside the tent where he was being hosted on the banks of the Sabarmati river.'
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Govt unveils Energy Conservation Building Code 19.6.2017 BusinessLine - Economy
The government has launched an updated version of Energy Conservation Building Code on Monday that provides for current as well as futuristic advancements in building technology to further reduce bui...
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Govt should first define retail and then frame FDI policies: Kumar Rajagopalan 17.6.2017 ET: Retailing
Online marketplaces claim that they are a mere technology platforms which help buyers and retailers meet. They do not consider themselves as retailers.
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Skewed policy keeps foreign miners away from exploration in India 15.6.2017 All Companies Stories
Lack of enabling provisions and some restrictive conditions in the country's National Mineral Exploration Policy (NMEP) has kept away foreign mining majors.No mining or exploration company from abroad is in the empanelled entities list of the National Mineral Exploration Trust. It had earlier floated an Expression of Interest, for selection of companies.The Federation of Indian Mineral Industries (Fimi) blames the non-participation of foreign companies to some restrictive provisions in the Mineral (Non-Exclusive Reconnaissance Permits) Rules, 2015.According to these, the holder of a non-exclusive reconnaissance permit (NERP) cannot stake a claim for grant of any composite licence or mining lease. Beside, grant of an NERP cannot restrain any state government from notifying the entire area or part of such area for grant of mining lease or composite licence. If there's such a notification, the NERP would automatically terminate."With such rules in place, no private company or foreign ...
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Foreign miners shun india over skewed mineral exploration policy 14.6.2017 Business Standard: News Now
Lack of enabling provisions and some restrictive conditions in the country's National Mineral Exploration Policy (NMEP) has kept away foreign mining majors.No mining or exploration company from abroad is in the empanelled entities list of the National Mineral Exploration Trust. It had earlier floated an Expression of Interest, for selection of companies.The Federation of Indian Mineral Industries (Fimi) blames the non-participation of foreign companies to some restrictive provisions in the Mineral (Non-Exclusive Reconnaissance Permits) Rules, 2015.According to these, the holder of a non-exclusive reconnaissance permit (NERP) cannot stake a claim for grant of any composite licence or mining lease. Beside, grant of an NERP cannot restrain any state government from notifying the entire area or part of such area for grant of mining lease or composite licence. If there's such a notification, the NERP would automatically terminate."With such rules in place, no private company or foreign ...
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Plan to unbundle CIL against govt’s goal to create mega PSUs: Experts 10.6.2017 HBL: Industry & Economy
NITI Aayog Vice-Chairman Arvind Panagariya’s proposal to unbundle Coal India has evoked strong response from the former chairmen of the company, who think the recommendation is in contradiction to th...
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Mining districts lagging in DMFset-up, saysCSEreport 8.6.2017 HBL: Industry & Economy
Only seven districts have established District Mineral Foundation (DMF) offices across 50 mineral rich districts, said a survey conducted by the Centre for Science and Environment (CSE). In its st...
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CSE report picks holes in preparedness for District Mineral Foundation framework 8.6.2017 BusinessLine - Economy
Only 7 districts have established District Mineral Foundation offices in 50 mineral rich districts, according to a survey conducted by the Centre for Science and Environment.CSE came out with the stat...
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Ministries get 60 days to decide on FDI plans 7.6.2017 Rediff: Business
A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.
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Ministries get 60 days to decide on FDI plans 7.6.2017 Business Standard: Economy & Policy
The Cabinet had last month approved the abolition of FIPB
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Thanks to govt policy, CIL finds land too hot to handle in Odisha 4.6.2017 BusinessLine - Economy
The miner has had to shell out big money to rehabilitate those affected by projects
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Govt to auction 71 mineral blocks during current fiscal 2.6.2017 HBL: Home
The government has identified 71 major mineral blocks in seven states that will be auctioned during current financial year. In an official statement, the Ministry of Mines said, “These blocks includ...
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Coal available aplenty, yet thermal plants face ‘shortage’ 30.5.2017 BusinessLine - Jacob Thomas
Utilities’ failure to build up stocks at the start of summer recoils on them
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Power minister hints at barring China from investing in India 23.5.2017 deccanherald.com
In an oblique reference to China, Union Power Minister Piyush Goyal on Tuesday said he will not allow any company from a country that does not permit an Indian firm to do business there to come to India. "If any transmission company of India, like the power grid, cannot bid, cannot invest, cannot set up transmission lines in any other country, then I will not allow any company of that country to come to India," he said. Though the minister did not name any country, his comments follow media reports that India may soon bar Chinese power companies from projects in the power sector, as China does not approve of foreign investment in electricity grids on security grounds. India allows 100% foreign direct investment in this business. "There should be reciprocity. Is India a punching bag that if you want, you come, invest and earn? But Indian companies cannot go and earn in your country. We believe in reciprocity and it is also a display of our strength," the minister told reporters here. "There is no ...
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Won't allow companies from country that bars Indian firms: Piyush Goyal 23.5.2017 All Economy & Policy Stories
Warning seen as targeting China, which does not approve foreign investment in electricity grids
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Mobile app launched for monitoring coal movement 23.5.2017 HBL: Industry & Economy
Coal Minister Piyush Goyal launched the Saral Eindhan Vitaran Application on Tuesday. The mobile app and the online dashboard monitor the movement of coal from mines allocated to the power sector. Sp...
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In Odisha, fresh row brewing over POSCO land 20.5.2017 Hindu: Home
The South Korean steel major, POSCO, may have pulled out of Odisha, but public resistance is building afresh over the land it has surrendered. In March, POSCO finally let the State government know tha...
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Performance of concerted reforms: Arvind Panagariya on three years of Modi sarkar 16.5.2017 ET: Policy
A concerted effort has been made to improve the ease of doing business at the level of the states. The government has repealed 1,175 redundant laws.
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A thousand days, with no full stops: Kumar Mangalam Birla on three years of Modi sarkar 16.5.2017 ET: Policy
Substituting the Planning Commission by Niti Aayog, the emphasis on cooperative federalism and advancing of the Union Budget are all master strokes.
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Commercial coal mining: Eight more blocks on auction list 14.5.2017 BusinessLine - Economy
The government is exploring the possibility of putting under the hammer around seven to eight more coal blocks for commercial mining by private players, taking the total number of mines to be auction...
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