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SC criticises Khurshid's businessmen remark

-IANS   The Supreme Court Wednesday took a serious view of union law minister Salman Khurshid's statement that keeping businessmen in jail was affecting the investment climate of the country.  The apex court bench of Justice GS Singhvi and Justice HL Gattu said that the minister's statement gave an impression as if "we are interested in keeping businessmen behind bars".  "This is disturbing for us, if it (statement) is true," Justice Gattu said.  The court's...

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India Inc write second open letter to govt about corruption

-NDTV Profit   Some of India’s biggest and most-respected entrepreneurs have released an open letter to the government. The group which includes Wipro’s Azim Premji, Anu Aga of Thermax and HDFC's Deepak Parekh, refers to the anti-corruption Lokpal Bill that is meant to be introduced soon in Parliament. The industrialists write, “The Lokpal Bill is only one small but critical step in the national task of weeding out the plague of corruption...

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Changing priorities by CP Chandrasekhar

In planning, pursuit of profit was not seen as being in the social interest in the post-Independence years, but now profit is the sole motive. FOR two decades now the Government of India has pursued a policy of accelerated liberalisation, dismantling controls, diluting regulations and making the state a facilitator of private investment. It is not that the presence of the state has diminished during this period, but that its role...

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Health in crisis by Mohan Rao

There are fears that curative health care will be left to the private sector, while the public system will handle preventive and low-quality care. AN issue of The Lancet earlier this year highlighted some of the problems with public health in India, acknowledging that “it is in crisis”. The robust economic growth over the past 20 years has not translated into better health indices; indeed the decline of infant and child...

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India Inc balks at Land Acquisition Bill

-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...

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