A committee headed by Planning Commission member Arun Maira, the former head of The Boston Consulting Group in India, wants all acquisitions of Indian pharmaceutical companies by foreigners to be scanned by the Competition Commission of India or CCI. The report will now be sent to Prime Minister Manmohan Singh and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Prime Minister Singh is expected to take a final view on the...
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New mining law to give Rs 10,000 crore to 60 tribal districts
-The Times of India The Union Cabinet is set to approve a new law that will provide more rights to tribals in commencement and end of mining activity besides providing Rs 10,000 crore annually to 60 tribal-dominated districts. The bill for the new mining law and the repeal of the Mines and Minerals (Development and Regulation) Act, 1957 is on the agenda for the Cabinet meeting scheduled for Friday. The bill, expected...
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-The Business Standard It appears a committee headed by Planning Commission member Arun Maira examining the case for continued unrestricted foreign direct investment (FDI) in the pharmaceutical industry has opted to oppose the move to change the present regime. The only concession it is willing to make to the health and commerce ministries’ demand that approval of such investment be routed through the Foreign Investment Promotion Board is to ask for...
More »Feeding the world requires "a new paradigm” by Jessica Dacey
Agriculture specialists convening in Bern to debate the question of how to feed the world have agreed on one thing: a new paradigm is needed. Farming models are breaking down – as witnessed by the suicide of a farmer every half hour in India - and new directions for research in agriculture for development are needed to support the sector and combat global poverty. A joint conference hosted by non-government organisation Swissaid...
More »Decadal journeys: debt and despair spur urban growth by P Sainath
The re-classification of villages and towns, and the changes this brings to the nation's rural-urban profile, happens every decade. Yet only Census 2011 shows us a huge turnaround, with urban India adding more people (91 million) than rural India (90.6 million) for the first time in 90 years. Clearly, something huge has happened in the last 10 years that drives those numbers. And that is: huge, uncharted migrations of people...
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