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Indian News

NGT directs NTPC to pay Rs 58 lakh for damaging environment in Uttarakhand

“In view of the above, there is no merit in the appeal as ”Polluter Pays” principle has been rightly invoked for damage to the environment. Accordingly, the appeal is dismissed. The amount of compensation which may be recovered by the state pollution control board may be utilised for restoration of the environment,” the tribunal said.

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India’s health sector overcame trial by fire during COVID-19:PM

To keep India healthy, the government is working on four fronts simultaneously — prevention of illness and promotion of wellness, providing cheap and effective treatment to the poorest of the poor, increasing quality and quantity of health infrastructure and healthcare professionals, and working on mission mode to overcome obstacles, Modi said.

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CPSE strategic sale: Govt makes security clearance mandatory for bidders

According to the performa, any interest of more than 10 per cent in the bidding entity would require disclosures of parentage and beneficial ownership to get a security clearance.

In case the acquirer is a sole bidder, then it has to share with the government details, like nationality, address, parentage, unique ID number of the country of residence and passport number, of its directors and partners.

Also a self-declaration regarding the nature and extent of presence/operation of the bidder in China and Pakistan, if any would have to be provided by them.

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Govt may consider privatising Oriental Insurance or United India: Report

Both Oriental Insurance and the Chennai-based United India Insurance may be able to generate interest from the private sector because of their improved financials, sources said.

The process of choosing a suitable candidate for privatisation has just started and will take some time to decide, sources said while not ruling out the possibility for listed New India Assurance, where government stake stands at 85.44 per cent.

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