-The Telegraph New Delhi: NDA-ruled states cannot "wait indefinitely for consensus" on amendments to the Centre's land bill and want to pass their own laws for smooth acquisitions, finance minister Arun Jaitley said today. Some lawyers said while many states have framed amended rules in the past, these were at variance but not in "complete contradiction" to the central land law. Jaitley was speaking after a meeting of the governing council of the...
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Lifting of Iran sanctions boon for basmati -Dilip Kumar Jha
-Business Standard Export to Iran might hit a record high Lifting of global economic sanctions on Iran could, it is hoped in the trade, enable a new record for basmati rice export to that country from here in 2015-16. Iran is also expected to cut import duty on Indian basmati from 40 per cent now to 20 per cent from the new season, starting October. Our basmati export was a record 1.44 million...
More »10 states seek to have their own land laws -Archis Mohan & Sanjeeb Mukherjee
-Business Standard This could help bypass central legislation and break the land Bill deadlock Ten big states, most of those ruled by the Bharatiya Janata Party (BJP) and its alliance partners, on Wednesday sought to unshackle themselves from the logjam over amendments to the contentious land acquisition Bill, 2013, by proposing to bring their own laws for boosting infrastructure development. At a NITI Aayog meeting to discuss the land Bill (the Right to...
More »Drug pricing policy irrational, re-examine it, Supreme Court tells Centre
-The Times of India NEW DELHI: The Supreme Court on Wednesday asked the Centre to re-examine its drug pricing policy for essential medicines, calling it "unreasonable and irrational" as the price of some medicines is at around 4000% higher than what has been fixed by some state governments. A bench headed by Justice TS Thakur asked the ministry of chemicals and fertilizers to analyze and give explanation why the controlled price of...
More »States can pass own land acquisition laws if Centre can't: Jaitley
-Hindustan Times With the key Land Acquisition bill stalled by political differences with the Opposition, the Centre may change tack and get states to enact their own land legislation, enabling it to push along the economic reform process. Finance minister Arun Jaitley said on Wednesday that the states that wanted speedy development could take the lead in framing such laws with the Centre's backing, while Prime Minister Narendra Modi said “political considerations”...
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