-The Indian Express The government’s proposal to price-control certain drugs will create more problems than it will solve From clothes to cars, prices of consumer products the world over are determined taking into account input costs, margins and competition, popularly called the cost-based pricing system. Departing from this sound, fair, tried and tested principle of commerce, the government’s new drug pricing policy, approved by the Group of Ministers headed by Sharad Pawar,...

-The Business Standard Government taking steps to offer cooking gas to all rural households  India plans to provide affordable electricity to all households in the next five years, Prime Minister Manmohan Singh said today. "The Government of India aims to provide 24x7 electricity to all households in the country and affordable access to electricity in the next 5 years," he said inaugurating an International Seminar on Energy Access organised by the Ministry of...

-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...

-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...

-The Hindu Business Line The Supreme Court has answered only the first of the five questions posed before it — whether auction is the only permissible Constitutional mode of alienation of natural resources? It has declined to answer the remaining, lest it is misunderstood as interfering with and commenting upon the 2G verdict in which the Apex Court had cancelled as many as 122 telecom licenses. In the event, the 2G verdict stays;...