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Decoding the New Legislation

Decoding the New Legislation

The current legislative framework in relation to eligibility with respect to coal mining in India is the Coal Mines (Nationalization) Act, 1973 (´CMN Act´). Under the CMN Act, nationalization of coal mines was completed in two phases.

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Revamping Public Sector Units

Revamping Public Sector Units

Public Sector Units (PSUs) in India have been amassing losses, both at the Central and State levelù79 State-run companies had an accumulated loss of Rs 55,656 crore in 2012-13; while at the same time, investment in these companies is approximately Rs. 1.57 lakh crore.

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Bumpy Ride Ahead

Bumpy Ride Ahead

The Road Transport and Safety Bill 2014 is a much-needed initiative that still needs the implementation clarity to make it a success. In order to tackle the steadfast ascent in the number of road accidents, and the inefficiency in the road transport system