Over two years after the issue rocked the state, Chief Minister Buddhadeb Bhattacharjee today again raised the issue of returning land to “unwilling” Singur farmers. The issue had compelled Ratan Tata to pull out from West Bengal with the ambitious Nano project. Referring to his September 2008 meeting at Raj Bhawan with Mamata Banerjee, the CM said, he is still ready to return 100 acres of land to the unwilling farmers and...
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Govt explores capping FDI in pharma by CH Unnikrishnan
The Indian government is exploring a proposal to reduce the limit on foreign direct investment (FDI) allowed in the pharmaceutical industry through the automatic route to 49% from 100% amid concerns over the takeover of local drug makers by overseas firms. Officials from the ministry of commerce and industry and the ministry of health have had multiple rounds of discussions on the proposal following a note written to them by the finance...
More »Jairam calls for paradigm shift in forest management
More than half of the nation's forests could be moved out of exclusive state control if Minister of State for Environment and Forests Jairam Ramesh has his way. “We need a complete paradigm shift in the way we look at forest management. Our model is based on the primacy of the state, but we must shift to a three-fold model of state, communities, and partnership between the two,” Mr. Ramesh told...
More »We need profits, passion in farming by MS Swaminathan
In recent years, the agricultural growth rate has tended to be lower than the population growth rate. This year, the former is nearing the target of 4%. But we still have a very large percentage of undernourished children, women and men. Poverty and destitution also remain stubborn. The Indian food security enigma rises from the mismatch between the grain mountains and the hungry millions. What are the prospects for ensuring...
More »2010 saw a slew of measures on the labour front
Rolling out a slew of measures for the working class in 2010, the government effected key reforms in some labour acts while also raising the annual rate of returns on employee provident funds to 9.5 per cent. The steps came as the government also unveiled the draft national policy on employment with suggestions of launching of a employment guarantee scheme in urban areas on the lines of NREGA. It amended the Payment...
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