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Let’s not overrate foreign investment -Pulapre Balakrishnan

-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...

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‘Biodiversity norms for green clearances coming’ -Priscilla Jebaraj

-The Hindu “Environmental impact assessment tends to ignore wider impact on biodiversity” In a move that will bring cheer to wildlife lovers but could dismay industry lobbyists already complaining about the difficulty in obtaining green clearances, the government plans to add biodiversity conservation as a new criterion to grant environmental and forest clearances. “There is no biodiversity clearance till now,” admitted Union Environment Minister Jayanthi Natarajan, speaking ahead of the United Nations summit...

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SC ruling won’t hit serving information officers: AG -Swaraj Thapa

-The Indian Express Notwithstanding the recent Supreme Court judgment re-drawing their eligibility criteria, Attorney General G E Vahanvati has said that the central and state information commissioners can continue for now. According to him, the SC ruling will be operative with prospective effect, but the government should not delay its review petition as the apex court’s decision is capable of creating “disarray” in their functioning. In his opinion submitted to the government...

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Gutkha banned in Uttar Pradesh -Ashish Tripathi

-The Times of India LUCKNOW: Uttar Pradesh (UP) government on Wednesday decided to ban gutkha, which is paan masala mixed with tobacco, as per the order of the Allahabad high court order and the Food Security Act passed by the parliament. However, The order will come into effect from April 1, 2013. Chief minister Akhilesh Yadav said that six months time has been given to find other source of employment for...

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Coalgate fallout: No doling out mines to private players, Supreme Court says -Dhananjay Mahapatra

-The Times of India The Supreme Court, while answering the presidential reference on the 2G judgment, took note of the coalgate scam that stalled Parliament and said whatever be the mode of allocation of natural resources, it can never be a handout for private players. Justice JS Khehar agreed with the majority opinion of the constitution bench on the reference that auction could not be termed as the only constitutionally permissible mode...

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