Recently, the Parliament had passed the Mineral Laws (Amendment) Bill, 2020 to make changes in the Mines and Mineral (Development and Regulation) Act, 1957 and the Coal Mines (Special Provisions) Act, 2015. This is a significant step towards boosting the economy that is currently facing the brunt of the global recession and the pandemic. Though this Bill may improve India’s balance sheets by reducing the coal imports, it simultaneously causes a significant impact on the environment by opening the mining sector to the private players. The government must ensure that there is a strict regulation so that the people and the environment do not feel the negative impact of this move.
The Parliament recently passed the Mineral Laws (Amendment) Bill, 2020. The mining sector in India has been going under a face change since last year as the government took a series of actions regarding the mining sector. In the fourth tranche of the Atmanirbhar economic package, the Finance Minister spelled out reforms in the Mining sector. In this background, it is important to study the above-mentioned Bill.
Recently, the Prime Minister reviewed the plans being envisaged for implementing the Arth Ganga project and pushed concerned states to speedily implement the projects under Arth Ganga. The PM also elaborated on the importance of the project in the sustainable development model with a focus on economic activities related to the river.
The Parliamentary panel on environment and forests has raised serious concerns regarding the Draft National Forest Policy for its excessive focus on commercialisation of forest and serving industry interests. Once finalized, this document will replace the current National Forest Policy, 1988.
The Union Cabinet has approved the National Policy on Electronics (NPE) for the Electronics System Design and Manufacturing (ESDM) sector in India. The aim of the policy is to make India a global hub for ESDM by creating an enabling environment for the industry.