-The Indian Express One of the three formulae used by the Comptroller and Auditor General to calculate the loss to the government for selling 2G spectrum on a first-come-first-served basis was suggested by BJP leader and Parliament’s Public Accounts Committee (PAC) chairman Murli Manohar Joshi. When the team conducting the audit said they “are not on strong ground” in basing the loss on the formula suggested, they were told by CAG headquarters...

-The Telegraph The Union cabinet today approved a controversial drug pricing policy that had been opposed by the health ministry, the finance ministry and public health policy experts who fear it will legitimise high prices of medicines. A government source said the cabinet has cleared the drug pricing policy that health experts suspect will determine caps on prices of 348 drugs through a formula based on market prices of drugs rather than...

-The Times of India India won't enhance its pledge of reducing emissions intensity of its economy at the Doha round of climate talks, which will be held between November 26 and December 7. The Cabinet on Thursday cleared the red-lines for Union environment minister Jayanthi Natarajan and her team of negotiators for the UN talks. With the European Union (EU) shifting the goal post yet again for ratifying the Kyoto Protocol's second phase...

-The Economic Times The appointment of the third education commission headed by leading sociologist Andre Beiteille to undertake a major policy review appears to be held up after the Prime Minister's Office raised concerns over including a naturalised US citizen as a member. The human resource development ministry had named Pranab Bardhan, a professor of economics at the University of California at Berkeley, as a member of the commission. Bardhan is a...

-Outlook The government today cleared the National Pharmaceutical Pricing Policy that will bring 348 essential drugs under price control, leading to reduction in prices. "The National Pharmaceutical Pricing policy has been approved by the Cabinet with an objective to put in place a regulatory framework for pricing of drugs to ensure their availability at reasonable prices," an official source said. At present, the government through the National Pharmaceutical Pricing Authority (NPPA) controls prices...