-Live Mint Government reaches near consensus as BJP agrees to support Bill in Parliament; industry not enthused by plan The government may be close to pulling off one of India's most significant policy changes with a near consensus among political parties on a new land acquisition law, taking the country to the verge of removing what's perceived as the biggest impediment to the next wave of industrialization. At the conclusion of an all-party...
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Rs.1,755-crore drought relief package for non-delta farmers
-The Hindu Assessment by high-level committee based on interactions with farmers Chennai: A Rs.1,755-crore package of drought relief measures was unveiled on Friday for non-Cauvery delta districts in the State. Of this package, six components were meant for about 17.9 lakh farmers, who had suffered over 50 per cent crop loss. The farmers, for a variety of crops, would receive a total compensation of Rs. 835.21 crore. Making an announcement in the Assembly, Chief...
More »JPC draft report turns heat on NDA govt
-The Business Standard Says licence terms extended to 15 years on advice of erstwhile Industrial Credit and Investment Corporation of India, a lender to many telcos Giving a clean chit to Prime Minister Manmohan Singh on the 2G spectrum allocation case in 2008, the Joint Parliamentary Committee (JPC) that looked into telecom spectrum allocations has turned the heat on the numerous decisions taken in the sector between 1998 and 2004, during...
More »Finally, a consensus on land acquisition bill after six years
-The Times of India A significant part of the Manmohan Singh government's political agenda for the 2014 election looks set to sail through Parliament with an all-party meeting on Thursday putting its seal of approval on a contentious bill on land acquisition that enhances compensation for farmers. The government countered criticism that the bill's provisions make land acquisition more time consuming while pushing up costs, but all major political parties seemed...
More »Superior packaging can’t be used to raise prices: High Court to Sanofi SA -Maulik Vyas
-The Economic Times MUMBAI: In a setback to Sanofi SA, the Bombay High Court has dismissed the plea filed by the French pharmaceutical major saying 'superior' packaging cannot be the argument for higher pricing of drugs. The court order also clarified that fixing the prices of drugs in the country will remain in the domain of the National Pharmaceutical Pricing Authority. In its argument, the pharmaceutical company had said it had relied...
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