Readies E-Okay To Curb Delays, Mechanism To Be In Place For New Regime

The government is set to fix timelines for forest clearances and hopes to grant approvals in less than a year, compared to a much longer time period, under a new electronic mechanism proposed to be put in place around the time a new regime takes charge.

New Delhi: The proposed food security law may attract penal action at the World Trade Organization (WTO) for a possible breach of the subsidy cap allowed under these rules, prompting the government to seek an amendment to the norms.

Although a proposal from the G-33, spearheaded by Indonesia, China, Pakistan, Philippines and India, had already been moved in the run-up to the ministerial meeting in Bali in December, the proposed food security legislation has increased the urgency.

New Delhi: Months after stopping Adani Group from setting up an 1,840-hectare special economic zone (SEZ) in Mundra, the commerce department is set to re-notify the enclave and let the edible oils-to-electricity conglomerate make it contiguous with an existing 6,500 hectare zone.

Sources told TOI that the proposal for re-notification has received the bureaucratic green light and is awaiting a final go ahead from commerce and industry minister Anand Sharma. In the first stage, the plan is to let Adani set up the SEZ. Subsequently, the group will seek “de-notification” of a part of the zone for which approval is in place and then the two would be made contiguous.

Offers Incentives To Local Cos, Yet Drags India To WTO Over Solar Mission

New Delhi: The US has dragged India to the World Trade Organization for its scheme to incentivize locallymade solar cells, but an analysis shows that there are at least half-a-dozen American states that offer additional sops to equipment made or assembled within their jurisdiction.

Calls For Price Adjustment On Fuel, Says Monsoon Delay Not A Big Problem