The Mines and Mineral Laws (Amendment) Bill also removed the current end-use restrictions, thereby allowing for wider participation and competition in auction.
Companies from Punjab, Uttar Pradesh & Rajasthan have participated in public auctions and won leases to mine J&K’s reserves of coal, marble and limestone.
Difficulties in getting regulatory clearances, delays in land acquisition & shortages of railway rakes are likely to be a deterrent for foreign miners.
Cabinet also decides to relax the current FDI norms for single-brand retail and ease sourcing norms, apart from clearing a proposal for 75 new medical colleges.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
Aney govt job