A committee headed by Planning Commission member Arun Maira, the former head of The Boston Consulting Group in India, wants all acquisitions of Indian pharmaceutical companies by foreigners to be scanned by the Competition Commission of India or CCI. The report will now be sent to Prime Minister Manmohan Singh and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Prime Minister Singh is expected to take a final view on the...

-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...

-The Economic Times   The Union cabinet is likely to clear the Land Acquisition, Rehabilitation and Resettlement Bill 2011 next week and it is likely to be tabled in Parliament in the ongoing monsoon session itself. Minister of rural development Jairam Ramesh met with nine cabinet ministers on Thursday to finalise the contents of the draft bill. These include finance minister Pranab Mukherjee, home minister P Chidambaram, minister for tribal affairs Kishore Chand...

They may be the pillars of corruption in India, routinely demanding 50% of the payment in black, but the builder fraternity thinks nothing of coming out on the streets to join Anna Hazare’s crusade against corruption. A delegation of more than 50 developers staged a morcha in Belapur under the banner of Maharashtrian Builders’ Association in Belapur, to voice their support for Anna. Barely a few hundred metres from the site of...

Farmers are caught between Mayawati’s promises, Rahul Gandhi’s idealism and mounting debts Land acquisition policy in Uttar Pradesh has been changed at least five times in the past five years to benefit the farmers. Amidst the raging controversies over what should be the land compensation rate and debates and protests over the various clauses of the land acquisition policy, most farmers have lost more than they could gain from Mayawati’s new...