-The Economic Times The environment ministry has simplified the procedures for granting clearances to special economic zones as it seeks to shed the anti-industry image. A recent order issued by the environment ministry states that the environmental clearance process for SEZs will now follow the system laid out for National Industrial and Manufacturing Zones under the National Manufacturing Policy 2011. Under the new system, the central and state governments will delegate power to...
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HC Directs Seed Making Co to Compensate Farmers
-Outlook The Bombay High Court has asked a seed Manufacturing company to pay compensation of Rs 45 lakh to 164 farmers in Maharashtra for supplying defective seeds as a result of which the crop quality suffered. The high court ordered the compensation while upholding an order of the Controller and Director of Agriculture which asked Bayer Bio Science Pvt Ltd to pay the compensation. The company had challenged the order before the appellate...
More »Why you should probably stop eating wheat-George Dvorsky
-io9.com Wheat and grain-based foods are all around us. We love our bagels, pasta, bread, and breakfast cereals. For many, the thought of eliminating these staples from our diets seems wholly unreasonable, if not ludicrous. But a growing number of people are switching to wheat-free diets — and for very good reason. As science is increasingly showing, eating wheat increases the potential for a surprising number of health problems. Here's why...
More »FinMin plan for NIB diluted -Priscilla Jebaraj
-The Hindu New investment committee can hasten,not compel clearance After the Environment Ministry’s vociferous objections to a National Investment Board (NIB) which could assume some of its authority, the Union Cabinet on Thursday approved a renamed and watered down version of the original proposal, creating a new Cabinet Committee on Investment (CCI) to expedite decisions on infrastructure and Manufacturing projects over Rs. 1,000 crore. The new CCI will be chaired by Prime Minister...
More »Open and shut-Ila Patnaik
-The Indian Express FDI in retail will bring competition to non-tradable services, and make Indian firms globally competitive India removed barriers to trade in goods in the 1990s. Removing protection brought global competition and raised productivity. But introducing global competition in services is harder. In certain services that are tradable, like legal or financial services, the removal of trade barriers can introduce competition and increase productivity. But these often involve complicated and...
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