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Chavan Authorised to Decide on Additional LPG Cylinders

-Outlook Mumbai: The Congress-NCP co-ordination committee in Maharashtra today authorised Chief Minister Prithviraj Chavan to take decision on increasing the cap on subsidised LPG cylinders from six to nine. NCP state president Madhukar Pichad told PTI after the meeting of the committee that the issue of providing three additional subsidised cylinders was discussed. "We have decided that the proposal will be put before the Cabinet and decision will be taken at the...

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Must poor fast to buy drugs: SC -Dhananjay Mahapatra

-The Times of India The Centre on Thursday promised to notify a new drug pricing mechanism for essential medicines by the end of November, but the Supreme Court said a change in policy must not force a sharp rise in drug prices to hurt an already hassled common man. Additional solicitor general Siddharth Luthra informed a bench of Justices G S Singhvi and S J Mukhopadhaya that a Cabinet note on the...

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Small is big in Asia’s booming retail sector -A Srivathsan

-The Hindu Organised retail involving FDI and international players can lead to a shrinking of traditional small merchant trade. That is bad news for political parties and governments. When discontent among traders brews, they act. A. Srivathsan looks at how Japan, Indonesia and Thailand responded, using zoning laws and size regulation as a control mechanism. Look East to find out what happens when foreign retailers set up shop. Asia’s recent economic history...

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Bill for land gives true value -Mihir Shah

-The Hindu The draft law on acquisition strikes a balance between development and justice for those who will be displaced in the process India is a rapidly industrialising economy and society with intense demands for better infrastructure from its people. The last 20 years have seen a great acceleration in this process, with India becoming one of the world’s fastest growing economies. However, for those whose lands were acquired for these purposes...

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Government ready to take up bill to amend Coal Mine Nationalisation Act: Coal Minister Sri Prakash Jaiswal-Rohini Singh & Soma Banerjee

-The Economic Times The government is ready to give up its monopoly over coal mining to meet the requirements of the economy, if BJP supports a long-pending legislation to amend the Coal Mine Nationalisation Act (CMNA). "We are ready to take up the bill and open up the coal sector to increase production. This is the only way forward and there is a consensus within the government on this. Once BJP comes...

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