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Mining Bill lapses, sector avoids 'meltdown'

-The Business Standard The future of the Bill will be decided by the next government The United Progressive Alliance's (UPA) attempt to overhaul the 50-year legislation governing the corruption-ridden mining sector has fallen through with the new mining Bill lapsing. The Mines and Minerals Development and Regulation Bill had proposed sharing of miners' profits with the project-affected, among others, but with the Lok Sabha being dissolved, the Bill has lapsed. Many from the sector...

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Cheap medicine myth busted -GS Mudur

-The Telegraph New Delhi: The rules for price caps on 348 medicines imposed by the central government last year provide drug companies "escape routes" and promise little relief to consumers, a report released today has warned. The report from the Public Health Foundation of India (PHFI), an academic institution, has also cautioned that the Drug Price Control Order (DPCO) rules will encourage the growth of irrational combinations of drugs that remain outside...

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Eastern India can be country's rice bowl: Assocham

-PTI BHUBANESWAR: The country's eastern region has the tremendous potential to emerge as the country's 'rice bowl', a recent study industry body Assocham said. The study titled 'Towards Second Green Revolution in Eastern India: A Road Map' also said the eastern region would be able to achieve a compound annual growth rate (CAGR) of about ten per cent in paddy production, if the country manages to bridge the gap between potential yield...

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New policy to revive agroforestry-Jitendra

-Down to Earth The National Agroforestry Policy 2014 can substantially reduce poverty in rural India AFTER becoming the first country in the world to frame an agroforestry policy, India has gone ahead and allocated Rs 444 crore to promote agroforestry in the country. The National Agroforestry Policy 2014, announced on February 10, has the potential to substantially reduce poverty in rural India and revive agroforestry industry. Agroforestry is a farming practice in which...

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India must call the US' bluff on patents-Arvind Panagariya

-The Business Standard The recent US-India friction over trade is being driven by Big Pharma Apart from the deterioration of the business environment generally, which impacts both domestic and foreign investors, retrospective taxation has figured most prominently in the media as the principal cause of growing scepticism among foreign investors. Entirely missing from the discourse has been an equally potent factor with wholly foreign origins: the hijacking of the economic policy...

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