India may have to abide by a series of international standards and regulatory practices in the healthcare sector, if it agrees to some proposals that are part of the ongoing India–EU Free Trade Agreement (FTA) negotiations. For instance, EU negotiators have sought India’s commitment to adopting Global Harmonization Task Force (GHTF) norms for medical devices. The move comes at a time when India and other Asian countries are trying to formulate...
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Scandalous Decision of Jairam Ramesh to Clear the POSCO Project
ENVIRONMENT MINISTER DISREGARDS FINDINGS OF HIS OWN REVIEW AND STATUTORY CLEARANCES COMMITTEES The following is the statement issued to the press by Abhay Sahoo, President of the POSCO Pratirodh Sangram Samiti (PPSS), and Prashant Paikeay, the PPSS spokesperson, on January 31, 2010. The decision of Environment Minister Jairam Ramesh to give a comprehensive okay to the POSCO India Steel Power Production-Captive Port project, based on some additional conditions, is nothing short of...
More »Ramesh offers to increase ‘go areas’ to 74%
A day before the Group of Ministers meeting on environment clearances, the Environment ministry has expressed willingness to increase the coal mining area to 74 % in 28 blocks, which fall in forests, as against 65% earlier. Environment minister Jairam Ramesh is expected to inform the GoM that he was willing to allow coal mining in 28 coal blocks, which fall in 'No-Go' areas by redefining its boundaries. This means that an...
More »New norms do not flout Forest Rights Act, says Jairam by Nitin Sethi
Environment minister Jairam Ramesh tied himself in knots on Monday to defend the guidelines his ministry had issues on turning national parks and sanctuaries into inviolate critical wildlife habitats, bypassing provisions of the Forest Rights Act. Even as his statement contradicted the guidelines issued by the environment ministry on February 8, Ramesh defended them claiming that `news reports' against the fresh set of rules were `misleading'. TOI had reported how the...
More »No cap on MFI interest rates by Shishir Arya
Amidst hue and cry over micro-finance institutions (MFIs) charging the rural poor exorbitant interest rates, Reserve Bank of India norms continue to allow these entities a free hand in determining their charges. The banks lending to MFIs too continue to have full discretion in fixing their rate of interest. RBI has issued a latest master circular reiterating its earlier stand on micro-credit on February 14. Master circulars are like ready-reckoners on...
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