-The Indian Express The government’s proposal to price-control certain drugs will create more problems than it will solve From clothes to cars, prices of consumer products the world over are determined taking into account input costs, margins and competition, popularly called the cost-based pricing system. Departing from this sound, fair, tried and tested principle of commerce, the government’s new drug pricing policy, approved by the Group of Ministers headed by Sharad Pawar,...

-The Indian Express Giving a pointer to the much-awaited Bill on land acquisition reforms, Agriculture Minister Sharad Pawar on Tuesday said the government will not dilute the provisions which restrict the acquisition of multi-crop and single crop agricultural land for non-farming purposes. “We will ensure that acquisition of high-yielding farmland is not allowed for non-agriculture purposes. This is a serious issue and the government is concerned about it. One should not be...

-PTI The government should only in exceptional cases permit acquisition of farm land for non- agriculture purposes like setting up of industries and housing projects, Agriculture Minister Sharad Pawar said on Tuesday. Mr. Pawar, who heads the Empowered Group of Ministers (EGoM) on Land acquisition bill, said there is a pressure on farm land because of rising population. He said the government would ensure agricultural land having high yields is not allowed for...

-The Times of India Top Congress leader and defence minister A K Antony said government should not acquire land for private entities since it is a big trigger for agitations, reverting the debate over land acquisition bill to the strict norms that were sought to be diluted on the pretext of industrialization.  Antony told the Sharad Pawar-led group of ministers debating the proposed bill that land had become a scarce resource and...

-Outlook Foodgrains production in 2012-13 will be lower than last year's record output of 257.44 million tonnes but availability would be sufficient to meet domestic demand, Agriculture Minister Sharad Pawar said today. Addressing the Economic Editors Conference, he said the government would make efforts to compensate the projected fall in kharif foodgrains output during the ongoing rabi season. "This year, production will definitely be less than last year. Last year was exceptional year,...