News 1:

What the delay in RBI panel meet means: Indian Express

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Monetary Policy Committee is the statutory committee that fixes the key policy interest rate and monetary policy stance of the country as well as the inflation target. On October 1, the Reserve Bank of India’s Monetary Policy Committee (MPC) was supposed to announce the country’s key interest rates and the monetary policy for the next two months. This will have to wait as the government is yet to appoint three new members. Do read complete. It will help in Prelims too.

News 2:

Role of mining in India’s environmental future: Statesman

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The recently passed Mineral Laws (Amendment) Bill 2020 allows companies that do not possess any prior coal mining experience to engage in mining projects, as well as those that are not ‘engaged in specified end-use.’ The article ends:

The Covid pandemic, together with the growing challenges of climate change, increasing pollution and biodiversity loss, have led to a realisation that we need to work towards a ‘new normal’ that embraces a more sustainable pathway and a low carbon, green economy. Which direction is India taking? Must read article.

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