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News & Analysis · 30 July 2026 · Indian Economy

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30 July 2026

GS-3News & Analysis30 Jul 2026thehindu.com

Parliament Committee calls for upgrading washery infrastructure to spur domestic higher-quality coal production

A parliamentary Standing Committee report highlights the 'major challenge' of high-ash content in domestically produced coal and calls for urgent upgrades to washery infrastructure and increased coal beneficiation. The committee noted the variance in coking coal washery output due to aged infrastructure, legacy technology, and logistical issues, leading to India's reliance on imported coking coal for steel production. Recommendations include timely modernization of washeries, removal of logistical constraints, instituting washeries near pitheads, and aligning future washery development with mine expansion and first-mile connectivity to improve transportation efficiency, lower emissions, and enhance coal utilization economics.

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GS-3News & Analysis30 Jul 2026thehindu.com

Farmer, worker groups to intensify protests against Centre’s policies

Farmer and worker groups, under the Samyukt Kisan Morcha (SKM) and Central Trade Unions (CTUs), have decided to intensify protests against the Centre's policies. Their demands include the repeal of Labour Codes, legalisation of Minimum Support Price (MSP) based on the M.S. Swaminathan Commission formula, modernisation of agriculture under producer cooperatives, and an end to privatisation and the National Monetisation Pipeline 2.0. They also expressed solidarity with students protesting the National Education Policy (NEP) 2020 and raised concerns about unemployment and proposed trade deals impacting India's agricultural sector and MSMEs.

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GS-3News & Analysis30 Jul 2026thehindu.com

IRDAI greenlights reforms, policyholder fund norms, new general insurer

The Insurance Regulatory and Development Authority of India (IRDAI) has approved significant reforms aimed at enhancing operational and financial flexibility for insurers, strengthening policyholder protection, and streamlining regulatory processes. Key approvals include new Policyholders’ Education and Protection Fund (PEPF) regulations, liberalized investment norms, a facilitative framework for capital infusion, and corporate restructuring. The reforms are crucial for implementing the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025 (SBSR Act), which permits up to 100% FDI in the insurance sector, leading to increased foreign shareholding and capital inflows. IRDAI also granted registration to a new general insurer and introduced perpetual registration for insurers.

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