-Business Standard The changes in the ordinance have been made after taking inputs from states suggesting changes to the Act which would make it more industry-friendly. After a failed winter session of Parliament, the government recommended promulgating an ordinance for changes to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Justifying the use of ordinance, Finance Minister Arun Jaitley said the government had to...
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Centre weighs in with record urea supply to curb black-marketing -Pratim Ranjan Bose
-The Hindu Business Line But manufacturers want subsidy regime to end in order to improve production Kolkata: To curb black-marketing in urea, the Centre in December released a "record" 3.7 million tonnes (mt) into the market, by stepping up imports. The usual monthly requirement of the fertiliser, whose supply is regulated, is 2.5-3 mt. The demand for urea peaks towards end December and early January. India produces approximately 22 mt of urea against the...
More »North India's cities the most polluted, south's cleanest -Dake Kang
-The Times of India NEW DELHI: Almost all of the most polluted cities in India are located in the north with Uttar Pradesh, Punjab and Rajasthan dominating the list, according to a WHO report on the most polluted cities in the world published earlier this year. Incidentally, UP, Punjab and Delhi also lie in the fog belt of northern India and there's evidence to show that air pollution is worsening the problem....
More »Are SEZs Specially Useless Zones? -Pravakar Sahoo
-The Hindu Business Line The CAG report details how these have neither helped industrial development nor boosted the economy Nearly a decade after the Special Economic Zones Act was brought into force, it is evident that the move has not helped industrial development. After examining SEZs in terms of background and objectives, fiscal incentives and facilities, approval process and administration, as well as life cycle, State-wise distribution and overall performance, parts of a...
More »Wither Away the Pressure on India's Patent Law -Saradindu Bhaduri
-Vikalp Once again, India is under pressure from the US to revise its patent law. Anyone familiar with the activities of the United States Trade Representatives (USTR) would know that this is nothing new. It has been among the USTR's primary mandates to use trade restrictions in order to persuade (to put it mildly) countries to strengthen their IPR laws. There is, however, a qualitative difference between the actions it has...
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