Brought sixteen ministries for planning & implementation of projects The textbook definition of effective communication deals with eliminating noise between the sender and the receiver. In the second most populous nation of the world which is waiting to soar higher and realizes its dreams, this is crucial, especially between the stakeholders who shape the nations...
Tag: mining sector
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India to develop coal fields in Russia
India plans to further enlarge the scope of investment in the Russian commodity market to fuel its industries for coming decades. As part of this strategy India has offered to jointly develop coal fields and mines in Russia.
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Economy grows sub-5% in July-September quarter
Union government's data shows that IndiaĂâs economy expanded 4.8 per cent in July-September, the fourth straight quarter of sub-5 per cent growth. The major drags for this were slower expansion of government-supported services and continued contraction in the country's mining sector.
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Setting a new mining agenda, Down Under
Economics waits on political change-and by no means in India alone. While the Indian elections next year are widely expected to change the momentum in economic activity, experts in Australia-the largest investor in mining in the world in absolute terms-anticipate a change in government after the federal election this year
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Needed: Shot in the arm
There was hardly any investment in the mining sector despite the sector was opened up for 100 per cent FDI in February 2000. There is an urgent need to find out ways and means to attract private investment in exploration because government agencies have not been able to find resources
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Preventing illegal mining
In order to curb irregularities in the mining sector, the section 23C of the MMDR Act, 1957 empowers states to frame appropriate rules. The Centre asked states to introduce rules under this section to prevent illegal mining, transportation and storage of minerals.
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Faster implementation is imperative
The logistics sector grows at rates faster than GDP, and investment in logistics infrastructure needs to be made 10 years ahead of requirement,