-PTI The Planning Commission has set a target for the Indian pharmaceutical industry to reach USD 100 billion by 2020 and account for 5 per cent share of the global drug industry in the next five years. According to the final draft for 12th Five Year Plan (2012-17) by the panel, the objective of the sector will be to cross the USD 60 billion mark in 2017, which will be 5 per...
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Government saved over Rs.30,000 crore due to power privatisation, claims Minister
-The Hindu The Delhi Government has saved nearly Rs.30,000 crore due to power privatisation and this money has been invested in improving the infrastructure. This has resulted in meeting the peak power demand of up to 6,250 MW and minimal power cuts despite the average annual per capita power consumption in the Capital being 1,450 units, almost twice the national average, Delhi Power Minister Haroon Yusuf said while replying to a...
More »Land grab by MNCs in Africa cause for concern: experts -Gargi Parsai
-The Hindu ‘Governments must protect interest of producer, consumer’ The controversy regarding India’s permission to allow foreign direct investment in multi-brand retail and growing “land grab” in Africa by multinational corporations are being closely watched globally by agriculture experts, researchers and donors. At a workshop here on ‘Supporting Policy Research to Inform Agricultural Policy in Sub-Saharan Africa and South Asia’ — which a few journalists from both regions were invited to attend —...
More »De-notified tribes to get a better deal in 12th Plan -Aarti Dhar
-The Hindu Nationwide survey will be conducted to introduce a suitable shelter programme The government proposes to create an enabling environment for the social empowerment of the de-notified tribes so that they could utilise reservation benefits in education and employment. A nation-wide survey of de-notified tribes’ settlements is to be conducted to form the basis for introducing a suitable shelter programme for them. They could be entitled to free or subsidised housing under...
More »Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal
-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...
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