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Cash transfer: PM to play UPA-2's trump card on Monday

-The Times of India The Prime Minister is expected to formally kick off cash transfer of subsidies and entitlements, one of the most ambitious policy initiatives of UPA-2, on Monday. The scheme for cash transfers is visualized as a game-changer for UPA-2, like NREGA was for UPA-1, and is expected to give rich dividends at the elections. Manmohan Singh is expected to set January 1, 2013 as the launch date for the...

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Wal-Mart India unit suspends CFO, others

-Reuters The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of US anti-BRIbery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment. Wal-Mart, the world's largest retailer, said last week it has opened internal inquiries or investigations into BRIbery allegations in Brazil, China and India, which follows an earlier probe in...

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Govt Approves Drug Pricing Policy to Lower Cost of Drugs

-Outlook The government today cleared the National Pharmaceutical Pricing Policy that will BRIng 348 essential drugs under price control, leading to reduction in prices. "The National Pharmaceutical Pricing policy has been approved by the Cabinet with an objective to put in place a regulatory framework for pricing of drugs to ensure their availability at reasonable prices," an official source said. At present, the government through the National Pharmaceutical Pricing Authority (NPPA) controls prices...

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RTI panels headed by people who've been close to govt: Supreme Court -Dhananjay Mahapatra

-The Times of India The Supreme Court on Thursday said it had directed appointment of retired judges as heads of information commissions at the Centre and state level to ensure their independence as many were headed by persons who "have been in the good books of government". "You will find the chief information commissioners, both at the Centre and state level, are persons who have been in the good books of the...

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ITU can’t be allowed to regulate content and free speech, says Sibal -Shalini Singh

-The Hindu India’s proposed changes to ITRs preliminary; firm position in Dubai only after consultation and consensus India’s proposal on the International Telecommunications Regulations (ITRs), submitted to the International Telecommunications Union (ITU), is far from the last word on the matter, Telecom Minister Kapil Sibal has said. Mr. Sibal’s remark offers immense relief to Indian citizens and the Internet industry, especially Internet and mobile service providers, social media and other companies that are...

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