A Group of Ministers (GoM) on corruption has asked the government to create an independent regulator for oil and gas fields. The GoM has proposed that the new regulator should take over critical functions of the Directorate General of Hydrocarbons(DGH),which reports to the Oil Ministry and is its technical arm for issues involving oil and gas exploration and production contracts.
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26 per cent profit sharing by coal cos
A 10-member Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee cleared a proposal in the new mining bill that mandates sharing of 26 per cent profit by coal mining companies with the local population.
26 per cent profit sharing by coal cos
A 10-member Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee cleared a proposal in the new mining bill that mandates sharing of 26 per cent profit by coal mining companies with the local population.
GoM to review clearance norms
A 12 member Group of MinÂisters (GoM) will review the existing rules relÂating to forest clearance as environmental cleÂaÂÂranÂces were proving to be a hurdle for industrial develoÂpment.