Caught in the middle of a maelstrom of controversies, the Planning Commission has been accused of being disconnected from ground realities. Its 12th Plan hopes to fix that. A short while ago, the Congress general secretary and scion of the Nehru-Gandhi dynasty, Rahul Gandhi, remarked that members of the Planning Commission are not in touch with the ground realities in India. He could have been somewhat influenced by his father, former...

The basic problem with the Approach Paper, as with its predecessor, is that its theoretical paradigm is wrong. WHAT used to be said of the Bourbon kings of France applies equally to the Indian Planning Commission: “They learn nothing and they forget nothing.” The Approach Paper to the Twelfth Five-Year Plan gives one a sense of déjà vu. It is hardly any different from the Approach Paper to the previous Plan...

-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 multinational refuses to be sensitive to the grievances of its Indian workforce, which generates the greater proportion of the company's profits. The workers of the Maruti Suzuki India Limited's (MSIL) plant in Haryana's Manesar have been agitating since August-end against the dismissal and suspension of more than 60 of their colleagues and the management's insistence on their signing a ‘good conduct bond' before they are allowed to enter the plant....

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...