India plans stringent checks for offshore mining amid national security concerns

India plans stringent checks for offshore mining amid national security concerns

New Delhi: Driven by national-security concerns, the Centre is preparing new rules that envisage stringent checks on operations of foreign entities, contractors and vessels in mining activities along the Indian coastline. The new rules being framed for operationalising offshore-area mining in the country will require prior approval of the Union government for appointing any overseas …

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Union finance ministry launches ‘Vivad se Vishwas scheme’ to settle pending contractual disputes

Union finance ministry launches ‘Vivad se Vishwas scheme’ to settle pending contractual disputes

Image Source: PTI/FILE Union Finance Minister Nirmala Sitharaman To address pending disputes pertaining to government contracts, the Union finance ministry has introduced the “Vivad se Vishwas” scheme. Contractors will have until October 31 to submit their claims. According to reports, this scheme is applicable to all domestic contractual disputes involving the government of India or …

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