-The Economic Times While attention has been riveted on illegal mining in Karnataka and Andhra Pradesh, thanks to the Supreme Court-ordered probe into the activities of key players, environmental activists and political parties have now turned their gaze to Congresscontrolled Goa. The western coastal state, which has rich deposits of iron ore, has now turned alive with charges of a Rs 8,000-crore mining scam. Goa Chief Minister Digambar Kamat's role, which has...
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Prescription For Trouble by Arindam Mukherjee
Mulling It Over 100% FDI allowed in pharma sector through automatic route Seven top Indian firms have been acquired by MNCs in the past six years Fear of price rise in generic medicines if MNCs control market Health, commerce ministries want FDI to go through approvals PMO meeting key ministries next month to take a decision *** Prime Minister Manmohan Singh has always been firm in reminding domestic industry that their fear...
More »Coal mining policy: The dismantling of the 'go, no-go' policy may do little to improve supplies of coal by Avinash Celestine
In March this year, the Central Bureau of Investigation (CBI) raided the houses and businesses of a few top industrialists in Dhanbad, Jharkhand, home to one of the subsidiaries of India's biggest coal miner, Coal India (CIL). Dhanbad is more widely known in popular imagination as home of the infamous 'coal mafia', which spread a reign of terror across the coal mining districts of the then undivided Bihar in the...
More »India Inc balks at Land Acquisition Bill
-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...
More »Bring corporates under Lokpal: CVC
-The Economic Times The Central Vigilance Commissioner has reopened the debate on the mandate of the proposed Lokpal by suggesting that corporates should be brought under the purview of the proposed anti-corruption bill to check graft effectively. He also said that corruption in higher levels of bureaucracy, as also among political executives, should be dealt with by Lokpal, provided there was a proper demarcation of work to avoid overlapping of powers...
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