In the same vain as my post yesterday on the unveiling of the new Indian Tax Code, India is proposing a simplification of it’s mining laws, with the objective of doubling that sectors contribution to the Indian GDP.  These action by the Indian government demonstrate a commitment to economic liberalization, that is particularly encouraging in this time of economic uncertainty, when other nations are looking to nationalize industry, or “protect” industry from foreign competition and influence.  India, is headed in the right direction.

Bloomberg – India Plans ‘Simpler’ Mining Law to Boost Investment