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Government to assess anti-graft measures to fulfil UN body norms

-The Times of India As part of its mandatory obligation under the United Nations Convention against Corruption (UNCAC), the government has invited expression of interest (EoI) from registered Indian law institutions\firms, academic or research organizations to undertake the self-evaluation study. Selected agency will be required to complete its works - assessment of compliance of domestic laws\measures vis-a-vis requirements under UNCAC provisions - within 36 weeks. India had ratified the global convention to...

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The government needs to think out of the box to help pharma grow while keeping medicines affordable-Ramesh Adige

Having watched from the ringside for many years now, I have no doubt in advising that the steering wheel must be firmly grasped by the government and direction given to policies that should be stable for at least the medium term. This is crucial for the growth of Indian pharma, a $20-billion industry growing at an average of 12% considering both domestic and export arenas. Price control: The biggest and most...

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Media cannot reject regulation-Markandey Katju

I have not read the Private Member's Bill on media regulation that Meenakshi Natarajan was scheduled to move in Parliament last week so I am not in a position to comment upon it, but I am certainly of the opinion that the media (both print and electronic) needs to be regulated. Since my ideas on this issue have generated some controversy they need to be clarified. I want regulation of the...

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Godown ache for rice target

-The Telegraph The Bengal government could find it difficult to reach its target of procuring 20 lakh tonnes of rice this year because of a lack of storage space. Its ability to raise storage capacity too could be hobbled by lack of investor interest in setting up warehouses in Bengal, and a mismatch between the Tender rates acceptable to the state and the Centre. “We’ve a target of procuring 20 lakh MT (metric...

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CCI imposes Rs 317cr fine on 3 firms for collusive bidding

-PTI Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).  The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits.  ALP tablets are used by the FCI for preserving its central pool...

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