The Indian government is exploring a proposal to reduce the limit on foreign direct investment (FDI) allowed in the pharmaceutical industry through the automatic route to 49% from 100% amid concerns over the takeover of local drug makers by overseas firms. Officials from the ministry of commerce and industry and the ministry of health have had multiple rounds of discussions on the proposal following a note written to them by the finance...
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Nitish's assets much less than his colleagues
Bihar Chief Minister Nitish Kumar lags far behind his ministerial colleagues in his wealth, details of which were made public on Monday. Details of the assets of 30 Bihar ministers, including Kumar's were uploaded in the government websites as a step towards ending corruption and promised by the chief minister. Kumar's moveable assets include Rs 31,760 in cash, Rs 57,770 in bank account, a Santro car of 2003 model, an old TV...
More »Are we moving from merely being subjects to absolute citizens? by M Rajshekhar
Mai-baap. That is how poor Indians referred to the state ever since independence. The benign provider looking after its subjects like the rajas of yore. But, today, the people have started demanding accountability from the mai-baap. Why? Because a clutch of new laws, like the Right To Information Act (RTI) and the National Rural Employment Guarantee Act (NREGA), are moving the government's developmental promises beyond "the realm of a privilege that...
More »The loyal, seditious Dr Sen by Samar Halarnkar
“Take again Section 124-A of the Indian Penal Code. Now so far as I am concerned that particular section is highly objectionable and obnoxious and it should have no place both for practical and historical reasons, if you like, in anv body of laws that we might pass. The sooner we get rid of it the better.” —Prime Minister Jawaharlal Nehru in Parliament during debates on the first amendment to...
More »Plan to link NREGA wages to inflation hits CP Joshi wall by Priyadarshi Siddhanta
Rural Development Minister CP Joshi has refused to move on a proposal by the Planning Commission to link wages under the national job guarantee scheme to the consumer price index. In fact, the Plan panel’s proposal was echoed by the National Advisory Council chaired by UPA Chairperson Sonia Gandhi.In a presentation to Prime Minister Manmohan Singh recently, the Planning Commission made a strong case for aligning the wage levels to...
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