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A short-sighted cap-Chandra M Gulhati

-The Indian Express The government’s proposal to price-control certain drugs will create more problems than it will solve From clothes to cars, prices of consumer products the world over are determined taking into account input costs, margins and competition, popularly called the cost-based pricing system. Departing from this sound, fair, tried and tested principle of commerce, the government’s new drug pricing policy, approved by the Group of Ministers headed by Sharad Pawar,...

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Rule changed: Kudankulam 3 and 4 reactors to come under n-liability law -Pranab Dhal Samanta

-The Indian Express Setting aside Russian contentions, the government has decided that the next two reactors in Kudankulam will come under the new civil nuclear liability law, and not be covered by the agreement on Kudankulam 1 and 2. The move, which comes a month before Russian President Vladimir Putin’s visit to India, is expected to provoke a major price escalation in the deal, with the Russian side likely to go back...

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Jayanthi assails investment super committee proposal -Shalini Singh

-The Hindu Proposed NIB would be illegal, she says Minister of State for Environment and Forests Jayanthi Natarajan has expressed “very serious concern” at the setting up of a National Investment Board to fast-track clearances of major infrastructure projects, saying the “concept is unacceptable,” documents exclusively obtained by The Hindu reveal. In a five-page letter sent to Prime Minister Manmohan Singh on October 9, Ms. Natarajan said the proposal would upturn established procedures...

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Robert Vadra needs to answer allegations, land market distortions must be corrected

-The Times of India The India Against Corruption (IAC) group led by Arvind Kejriwal levelled fresh charges againstRobert Vadra yesterday, pointing to a quid pro quo deal with real estate giant DLF for business on highly favourable terms. That came on top of earlier accusations that the large funds provided by DLF to Vadra facilitated lucrative deals, which allowed the latter to amass extensive real estate, in return for favours provided...

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FDI in Retail: A Low-down on the Falsehood over an Exclusionary Policy-Kamal Nayan Kabra

-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...

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