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Sarda Energy & Minerals receives consent to operate coal gasifier plant

Sarda Energy & Minerals receives consent to operate coal gasifier plant

Sarda Energy & Minerals announced that Chhattisgarh Environment Conservation Board, Raipur has granted, to the Company, under Water (Prevention and Control of Pollution) Act, 1974 and Air (Prevention and Control of Pollution) Act, 1981, the Consent to Operate Coal Gasifier Plant of capacity 3606.15 Nm3/hr for Pellet Plant at Raipur.Powered by Capital Market - Live News

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Trump's ‘One Big Beautiful Bill' clears first Senate hurdle: Republican race for votes, criticism, proposals
Trump's ‘One Big Beautiful Bill' clears first Senate hurdle: Republican race for votes, criticism, proposals

Mint

time34 minutes ago

  • Mint

Trump's ‘One Big Beautiful Bill' clears first Senate hurdle: Republican race for votes, criticism, proposals

The Republican majority-held United States Senate voted on and pushed through US President Donald Trump's much touted tax-cuts and spending proposal, dubbed as the 'One Big Beautiful Bill' Act today (late Saturday local time), according to reports. The US Senate voted 51-49 to pass the first Senate hurdle, and Donald Trump took to social media to celebrate, calling it a 'great victory' and crediting Republican lawmakers Rick Scott, Mike Lee, Ron Johnson, and Cynthia Lummis for 'fantastic work'. In his 'victory' post on Truth Social, Donald Trump said he will work on growing the US economy, 'reduce wasteful spending, secure our border, fight for our military and veterans, ensure that our medicaid system helps those who truly need it, protect our second amendment, and more…' The 'rare' weekend session began with a debate on the 940-page sweeping bill, with opposition from Democrats and two Republicans. The legislation seeks to fund Donald Trump's campaign promises on border control, military spending, immigration, and tax-cuts. After hours of delay US Vice President JD Vance worked to pursuade Republican lawmakers on the fence and delivered the 'tie-breaking vote', according to reports by Reuters and AP, respectively. Democrats have demanded that the Bill be read out in Chamber, and will be followed by 20 hours of debate, followed by amendment sessions before the bill is complete. The full process is expected to end by June 30. A senior White House official told Reuters that Donald Trump was monitoring the vote from the Oval Office late into the night. According to an analysis by the nonpartisan Joint Tax Committee, the Senate version of the bill's tax provisions would reduce government revenue by $4.5 trillion over the next decade, increasing the $36.2-trillion US government debt. The White House said this month the legislation would reduce the annual deficit by $1.4 trillion. As per the AP report, an estimate from the nonpartisan Congressional Budget Office showed that the House-passed version of Trump's tax bill would cost around 10.9 million more people their healthcare, and at least 3 million food aid. Top income-earners would see about a $12,000 tax cut under the House bill, while the package would cost the poorest Americans $1,600, the CBO said. Meanwhile, Elon Musk has renewed his criticism of Donald Trump's tax plan in a scathing post on social media platform X. He called the bill 'utterly insane and destructive.' He wrote: 'The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!' Democrats will focus their firepower with amendments aimed at reversing Republican spending cuts to programs that provide government-backed healthcare to the elderly, poor and disabled, as well as food aid to low-income families. (With inputs from AP and Reuters)

Only 30% of MahaRERA recovery warrants executed; Rs 527cr still to be recovered
Only 30% of MahaRERA recovery warrants executed; Rs 527cr still to be recovered

Time of India

time12 hours ago

  • Time of India

Only 30% of MahaRERA recovery warrants executed; Rs 527cr still to be recovered

Pune: MahaRERA's progress on recovery warrant has remained slow, with only 31% of cases executed. Despite state govt's directive to dispose of these cases within three months, merely Rs 233 crore has been recovered out of Rs 760 crore due in 1,212 cases across Maharashtra, officials told TOI on Saturday. The slow progress contradicts revenue minister Chandrakant Bawankule's assurance during the state budget session, where he emphasised speedy execution of MahaRERA's recovery warrant orders and clearing the backlog within three months. The recovery warrants are issued under Section 40(1) of the Real Estate (Regulation and Development) Act (RERA) against developers who neither complete projects nor refund homebuyers. Once issued by MahaRERA, these orders are forwarded to district collectors for action, including property attachment and recovery of dues. The districts of Mumbai Suburban, Pune and Thane continue to report the highest backlog of such pending cases. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune "Though there was some improvement in execution rates, the scale of pendency remains significant. It requires more proactive coordination from revenue officials," said a senior MahaRERA official, adding that it was despite the appointment of additional collectors in multiple districts to expedite the execution of recovery warrants. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 5 Dividend Stocks for May 2025 Seeking Alpha Read More Undo Further compounding delays are 172 complaints, involving Rs 157 crore, that are currently pending before the National Company Law Tribunal (NCLT), which handles cases related to insolvency and bankruptcy. These cases are in legal limbo, adding to the frustration of affected homebuyers, stated officials In a broader push for accountability, PM Narendra Modi had addressed the issue directly at the Pragati review meeting on May 29. Expressing dissatisfaction with the mere counting of "disposed" complaints, the PM questioned whether states genuinely ensured redressal. In response, Maharashtra chief secretary Sujata Saunik held a review meeting in the second week of June with collectorates across the state, directing officials to fast-track execution of recovery warrants and ensure accountability. Additional revenue officers have since been appointed to assist with enforcement. Senior citizen Arun Sheth, who has been waiting for over four years for action against a developer, said, "There's been no real movement on my case despite repeated follow-ups. It's just silence." Activists and consumer groups have also called for better monitoring tools. "MahaRERA should introduce a real-time dashboard like UP RERA's. There should be a clearly defined SOP and phase-wise targets, not just vague timelines," said activist R Prabhu. MahaRERA officials said the issue was likely to be raised in the upcoming legislative session. "It's important that revenue officials are able to give a concrete and time-bound plan for executing these orders," an official noted.

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