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Bitter pill for Big Pharma by Bhupesh Bhandari

A committee headed by Planning Commission member Arun Maira, the former head of The Boston Consulting Group in India, wants all acquisitions of Indian pharmaceutical companies by foreigners to be scanned by the Competition Commission of India or CCI. The report will now be sent to Prime Minister Manmohan Singh and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Prime Minister Singh is expected to take a final view on the...

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AP farmers go on 'Crop holiday' by Prashanth Chintala

The state's rice bowl is left empty An unviable minimum support price (MSP) for rice has forced farmers in Andhra Pradesh to leave their lands fallow. The movement is spreading to other states. “Farming never pays” is a familiar slogan among agriculturists across the world, and especially so in India. Nevertheless, many continue to cultivate their fields year after year, barely eking out an existence, toiling in the hope that the tide...

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India court rules West Bengal Tata land move is legal

-BBC   A court in India has ruled that West Bengal's state government acted legally in reclaiming land where Tata Motors wanted to build its low-cost Nano car. The 1,000-acre plot of land was acquired in 2006 by the state's former communist government and leased to the company for 99 years. The new state government took back the land in June to return it to farmers. Tata challenged the move in the high court in...

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Workers' struggle in Maruti Suzuki by Prasenjit Bose and Sourindra Ghosh

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....

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Valuing biodiversity

-The Hindu   Countries endowed with genetic resources contained in rich flora and fauna will welcome the addition of 19 party-signatories to the Nagoya Protocol, which forms part of the UN Convention on Biological Diversity. India has been a votary of the accord, which aims at promoting fair and equitable sharing of benefits arising from the use of genetic resources, and informed, agreed terms of access to such wealth. The protocol...

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