financetom
Business
financetom
/
Business
/
Two top IAS officers transferred from Mines Ministry within a month 
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Two top IAS officers transferred from Mines Ministry within a month 
Jul 24, 2020 10:11 AM

Within a month’s time, two top IAS officers posted at the Mines Ministry have been transferred. Secretary Sushil Kumar and Additional Secretary K Rajeswara Rao have been transferred at a time when the ministry is finalising the important amendment to the Mines & Minerals Development Regulation (MMDR) Act 2015.

The amendment to MMDR Act will help free up more than 500 mines, which was announced by the Finance Minister, Nirmala Sitharaman, under the Aatma Nirbhar Bharat initiative. It is noteworthy that a similar exit was seen in the Ministry of Coal before finalizing terms of commercial coal mining.

People in the know have told CNBC-TV18 that a difference of opinion within the ministry on amendments have led to these changes at the top. The Mines Ministry is proposing to amend the sections 10A(2b) and (2c) under the MMDR Act to free up over 500 mines for auction. The idea is to double contribution from mining activities to the GDP as well as employment. Even as some section of the industry is opposed to the idea as foreign investors are worried about their investments and policy uncertainties.

The changes in the top order of the bureaucracy in the ministry have come within 27 days, as on June 27 Additional Secretary of Ministry of Mines K Rajeswara Rao was suddenly transferred to NITI Aayog. Today, Ministry of Mines Secretary Sushil Kumar, an IAS of 1987 batches was transferred to National Commission for Scheduled caste as Secretary.

A similar change was seen in the Ministry of Coal in 2019 when Secretary Sumanta Chaudhuri was moved out without any posting for months for opposing major relaxations suggested by NITI Aayog and Prime Minister's Office for commercial coal auction. The opening of the coal sector for commercial mining by the private sector saw a huge delay due to delayed decision making.

There are some who believe the delay in decision making by bureaucrats is also prompted by corruption charges filed against the former coal secretary HC Gupta in the coal block allocation case.

First Published:Jul 24, 2020 7:11 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
WiMi Hologram Cloud to Develop Single-Qubit Quantum Neural Network Technology
WiMi Hologram Cloud to Develop Single-Qubit Quantum Neural Network Technology
Oct 20, 2025
12:09 PM EDT, 10/20/2025 (MT Newswires) -- WiMi Hologram Cloud ( WIMI ) said Monday that it plans to develop a single-qubit quantum neural network technology for multi-task design. The company said its proposed technology is intended to demonstrate the feasibility of high-dimensional quantum systems in efficient learning. WiMi did not disclose financial details or a timeline for the project....
US to seek rival bids for Artemis 3 moon landing as SpaceX lags, NASA chief says
US to seek rival bids for Artemis 3 moon landing as SpaceX lags, NASA chief says
Oct 20, 2025
* NASA chief says US must return to moon before China lands there * Artemis 2 on track, may launch earlier than planned * NASA chief Duffy suggests Blue Origin, others may join bidding By Joey Roulette WASHINGTON, Oct 20 (Reuters) - NASA's top official on Monday said the U.S. space agency was opening up the contract for its Artemis...
Lantronix Launches Kompress.ai Platform to Help Businesses Optimize Performance
Lantronix Launches Kompress.ai Platform to Help Businesses Optimize Performance
Oct 20, 2025
12:07 PM EDT, 10/20/2025 (MT Newswires) -- Lantronix ( LTRX ) and Vodafone ( VOD ) said Monday they formed a partnership to assist businesses in optimizing their performance and unlock recurring revenue in energy-demanding industries through the launch of Lantronix's ( LTRX ) Kompress.ai subscription platform. The platform, which will be available this fall in the US and Canada,...
GrabAGun Digital Adds NYSE Texas Listing
GrabAGun Digital Adds NYSE Texas Listing
Oct 20, 2025
12:06 PM EDT, 10/20/2025 (MT Newswires) -- GrabAGun Digital ( PEW ) said Monday that its common stock is now also listed on NYSE Texas, a new fully electronic stock exchange based in Dallas. The online firearms retailer added that it will keep its primary listing on the New York Stock Exchange and continue trading under the PEW ticker symbol...
Copyright 2023-2026 - www.financetom.com All Rights Reserved