Project Monitoring Unit launched by Ministry of Coal

The Ministry of Coal recently launched a project monitoring unit to facilitate early operationalization of coal mines that were allocated by the central government. The aim of launching the unit is to bring in more bidders. Highlights The Project Monitoring Unit will facilitate Ease of Doing Business as it will support coal mines in receiving ..

Month: Current Affairs - May, 2020

Category: India Nation & States Current Affairs

Topics: Coal • coal blocks • Coal Mines (Special Provisions) Bill 2014 • Ease of Doing Business • Emergency • Mining • World Bank

Ordinance promulgated to amend coal mining laws

On January 11, 2020, the Government of India promulgated ordinance to amend coal mining laws in order to ease auction of coal mines. Highlights The GoI has promulgated ordinance to amend MMDR act (Mines and Minerals Development and Regulation act), 1957 and Coal Mines (Special Provisions) act [CMSP], 2015. Objectives of the amendment It will ..

Month: Current Affairs - January, 2020

Category: Legal & Constitution Current Affairs

Topics: CLAT • Coal • Coal Auction • Coal India • Coal Mines (Special Provisions) Bill 2014 • Coal Sector • Coal supplies • Mines and Minerals (Development & Regulation) Amendment Act 2015

President signs ordinances on insurance, coal sector reforms

President Pranab Mukherjee has signed ordinances moved by Union government on raising foreign direct investment (FDI) cap to 49 per cent in insurance sector and facilitating e-auction of coal blocks. Earlier, in this regard Union Cabinet had approved promulgation of an Ordinance on Insurance Bill and re-promulgation of the Coal Ordinance. Government opted for ordinance ..

Month: Current Affairs - December, 2014

Topics: Article 123 • Bills and Amendments • Coal Mines (Special Provisions) Bill 2014 • Economy • Insurance Laws Amendment Bill 2008