-The Times of India India will, for the first time, put a cap on the maximum price at which essential drugs, like some commonly used anti-AIDS and anti-cancer drugs, besides a horde of painkillers, anti-TB drugs, sedatives, lipid lowering agents and steroids, can be sold in the country. In a landmark decision, a group of ministers (GoM) headed by agriculture minister Sharad Pawar on Thursday cleared the proposal to bring all 348...

-The Telegraph The rural development ministry has claimed that an amended version of the land acquisition bill has taken into account concerns of industry though several cabinet ministers had blocked it last month fearing it would stall industrialisation. In a note last week to all members of a Group of Ministers (GoM) on the bill, the ministry said the revised draft had relaxed key provisions, including consent norms for acquisition of land...

-The Indian Express With the Tata Motors fiasco still reverberating across India Inc and political circles across the country, Mamata Banerjee-ruled West Bengal has initiated steps to welcome another automaker by handing over land - this time a foreign one - albeit not for production but for a stockyard. The move is surprising also as Maruti was gung-ho about land in Narendra Modi's Gujarat and not much was known about negotiations in...

-The Telegraph   Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...

-Economic and Political Weekly  The Government of India is considering a proposal to notify farming as an essential service. This is ostensibly to bring drought relief to farmers suffering from a weak monsoon - a laudable goal indeed. However, if farming is deemed an "essential service", farmers and farm workers could lose many of their political and civic rights because the government can then invoke the Essential Services Maintenance Act to...