-The Indian Express   The Supreme Court has said that it amounts to “fraud” on the part of the government to forcibly acquire land under the guise of a public purpose, only to have the property transferred to real estate developers or companies for their use.   A Bench of Justices G S Singhvi and S J Mukhopadhyaya held that the State cannot use its power to compulsorily purchase or acquire land of a...

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...

-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...

A rural scientist, Mangal Singh, has received a patent for an innovation (Mangal Turbine) which can save billions of rupees worth diesel and electricity currently used up for irrigation. Despite the recognition of his work by eminent experts and officials, this scientist has been subjected to relentless harassment by a handful of bureaucrats. A recent evaluation of his work ordered by the Department of Rural Department has indicted these bureaucrats...

-The Hindu   Countries endowed with genetic resources contained in rich flora and fauna will welcome the addition of 19 party-signatories to the Nagoya Protocol, which forms part of the UN Convention on Biological Diversity. India has been a votary of the accord, which aims at promoting fair and equitable sharing of benefits arising from the use of genetic resources, and informed, agreed terms of access to such wealth. The protocol...