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CITU opposes new Manufacturing Policy

-The Hindu   The Centre of Indian Trade Union (CITU) has strongly opposed the new National Manufacturing Policy approved by the Union Cabinet recently and termed it as an attempt by the government to give back door entry to the so-called labour reform of ‘hire and fire' being pressed by the business houses. “The national Manufacturing policy will create new islands of lawlessness with bountiful concessions to business houses and absolute jungle raj...

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Six years of RTI: Time for the government now to bravely abide by the Act, not tame it by Vinita Deshmukh

Six years of RTI’s existence has empowered the Indian citizen as a  proactive partner in governance like never before since Independence. But the government has not been able to digest it, ever since its implementation. Instead of trying to dilute or scuttle the Act, it’s time the government abides by Section (4) norms of ‘suo motu’ disclosure Apart from Prime Minister Manmohan Singh, whose innocence and ‘clean image’ stands exposed thanks...

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New pharma policy to cap prices of 60% drugs by Namrata Nandakumar & CH Unnikrishnan

India’s new pharmaceutical policy seeks to bring at least 400 essential medicines—or 60% of the drugs sold in the country—under the government’s pricing control. The department of pharmaceuticals on Friday put out a draft policy, pending since 2005, after a committee prepared a list of essential medicines, laying down new rules governing drug pricing. Currently, the government controls the prices of only 34 essential medicines. The draft says the policy, to be finalized...

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New Manufacturing policy targets 100 mn jobs in 10 years

-ENS Economic Bureau   The government today approved a national policy for Manufacturing that aims to increase the sector’s share in the economy to 22 per cent from 16 per cent and create 100 million jobs over 10 years. The policy will ensure this by facilitating national Manufacturing investment zones, which will offer faster clearances. “It hopes to... give comfort to investors through a single-window clearance mechanism,” Commerce and Industry Minister Anand Sharma...

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India cabinet approves Manufacturing push by Jill McGivering

India's cabinet has approved a major new policy to develop national Manufacturing. The policy aims to create a 100 million jobs in the next 10 years and allows for a series of special new zones to support Manufacturing growth. At the moment, that sector only accounts for about 16% of the country's gross domestic product. That has barely changed in the last three decades and is seen as well below India's potential. It is...

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