-The Indian Express   The Supreme Court has said that it amounts to “fraud” on the part of the government to forcibly acquire land under the guise of a public purpose, only to have the property transferred to real estate developers or companies for their use.   A Bench of Justices G S Singhvi and S J Mukhopadhyaya held that the State cannot use its power to compulsorily purchase or acquire land of a...

-The Indian Express   Taking a tough stand on rampant plagiarism in the preparation of Environment Impact Assessment (EIA) reports, the Environment Ministry has decided to scrap any project whose impact-assessment report is found to be a “copy-paste” job from other reports. EIA reports are a must to get mandatory ‘green clearances’ for projects. Project developers, which are mostly private firms, hire independent environmental consultants for the job. The decision to scrap such...

For non-coal firms, amount will be equivalent to their royalty The Union Cabinet on Friday approved the landmark Mines and Mineral Development and Regulation (MMDR) Bill, 2011 that provides for mining companies to keep aside 26 per cent of their net profits for a Mineral Development Fund to be used for the development and rehabilitation of project-affected people in tribal areas. For the non-coal companies, the amount will be equivalent to...

-The Business Standard   It appears a committee headed by Planning Commission member Arun Maira examining the case for continued unrestricted foreign direct investment (FDI) in the pharmaceutical industry has opted to oppose the move to change the present regime. The only concession it is willing to make to the health and commerce ministries’ demand that approval of such investment be routed through the Foreign Investment Promotion Board is to ask for...

The Planning Commission has proposed the introduction of a state-funded health insurance programme by 2017 to cover every citizen of the country. The panel has suggested that the government formulate financial incentives for beneficiaries of the insurance programme as well as their employers to encourage them to participate in the plan. “The 12th Plan (2012-17) will explore the possibilities of introducing a government-funded health insurance plan for every citizen along the lines...