-The Economic Times A late revival of monsoon may have narrowed the rain deficit to single digit (9%) but it is unlikely to help boost food grains production. "There would be a decline in the overall food grains production. There would be some drop in the production of pulses and coarse cereals," said Agriculture Secretary Ashish Bahuguna. He said the indication will start coming after the first advance estimates of the kharif...

-PTI Expressing concern over high rehabilitation and resettlement (R&R) cost to be incurred by industry in the proposed Land Acquisition Bill, Ficci today asked the government to make changes in the provision. Without such changes it will not be viable for the industry to acquire or purchase land for manufacturing or infrastructure, the industry body said. "The current R&R provisions of the Bill will put an unfavourable burden on the industry as it...

-The Economic Times At a time when the Rangarajan committee is giving final touches to its recommendations on sugar deregularisation, The Union food ministry has come up with two proposals for fixing new retail price of sugar sold in ration shops (levy sugar) to reduce the food subsidy bill. According to the first proposal, the food ministry has recommended to free up the prices of levy sugar and allow state governments to...

-The Economic Times India's drug price regulator has initiated a process to end the 16-year freedom enjoyed by foreign drug makers to fix the retail price of their imported medicines in the country. The National Pharmaceutical Pricing Authority (NPPA) has written to the department of pharmaceuticals to amend the Drugs (Prices Control) Order of 1995, its chairman CP Singh told ET. The amendment will allow NPPA to seek details of the methodology adopted...

-The United Nations Governments must urgently act to reduce the health and environmental hazards posed by the increase in use of chemicals in industries worldwide, says a United Nations report launched today, which stresses that more sustainable management policies are needed to address this growing risk. Produced by the UN Environment Programme (UNEP), the Global Chemicals Outlook report argues that a shift in the production, use and disposal of chemical products from...