The Indian government is exploring a proposal to reduce the limit on foreign direct investment (FDI) allowed in the pharmaceutical industry through the automatic route to 49% from 100% amid concerns over the takeover of local drug makers by overseas firms. Officials from the ministry of commerce and industry and the ministry of health have had multiple rounds of discussions on the proposal following a note written to them by the finance...
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Ready to return 100 acres of land to unwilling Singur farmers, says Buddha
Over two years after the issue rocked the state, Chief Minister Buddhadeb Bhattacharjee today again raised the issue of returning land to “unwilling” Singur farmers. The issue had compelled Ratan Tata to pull out from West Bengal with the ambitious Nano project. Referring to his September 2008 meeting at Raj Bhawan with Mamata Banerjee, the CM said, he is still ready to return 100 acres of land to the unwilling farmers and...
More »The ‘Radia’ctive Indian Media by Satya Sagar
There has been a gross simplification of the issues involved in the exposures in the Radia tapes on the lack of integrity among mediapersons. In order to understand how exactly journalists really function it is necessary to understand the overall context in which they operate and clarify some of the persistent myths about what the profession is all about. Four myths in particular need to be dissected: That it enjoins...
More »Dread of Democracy by Rudrangshu Mukherjee
The historian Ramachandra Guha has famously described India as a fifty-fifty democracy. But even admirers of India as a functioning democracy will perhaps be forced to admit that certain events in 2010 forced the needle to move beyond fifty against democracy. Threats to democracy and democratic rights have never been as evident, and as powerful, since the dark days of the Emergency in 1975-76 as they were in the course...
More »Judgment that risks tainting democracy by Vinay Sitapati
Indian law affords Binayak Sen one automatic right to appeal, and another at the discretion of the Supreme Court. Meanwhile, given the visible disparity between the quality of allegations against him and the repercussions, the judgment is sure to provoke a national and international outcry. One thousand three hundred and twenty days after he was first arrested, Binayak Sen has been sentenced to life imprisonment for sedition against the Indian...
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