The Indian government is exploring a proposal to reduce the LIMit on foreign direct investment (FDI) allowed in the pharmaceutical industry through the automatic route to 49% from 100% amid concerns over the takeover of local drug makers by overseas firms. Officials from the ministry of commerce and industry and the ministry of health have had multiple rounds of discussions on the proposal following a note written to them by the finance...

Bauxite Mining of the sacred hill of Adivasis in Lanjigarh, Kalahandi district, Orissa, had been stopped by a decision of the India Ministry for Environment and Forest (MoE&F) on August 24th, 2010. Environment Minister Jairam Ramesh had constituted an enquiry panel – which in its report recommends that bauxite mining in Niyamgiri hills should not be allowed for mining unless the local Adivasi communities give their consent. According to this report,...

Krishi Bhavan supports endosulfan companies; Kerala protests THE timing and the message of the conference could not have been more stark. At a time when the endosulfan problem is in the LIMelight, sparking calls for a nationwide ban on the pesticide, its manufacturers staged a remarkable feat. They held a three-day conference on rural prosperity at Delhi’s Vigyan Bhavan, venue for high-power official meetings, and put across the message that the hazardous...

The only economic or social variable that has not moved since 1991 in India is our 93% informal employment in the informal sector. So, while we have smartly and substantially moved the needle on everything from foreign exchange reserves, infant mortality, school enrolment, market capitalisation, foreign investment, and pregnancy deaths, 9 out of 10 of our workers do not work in organised employment. Informal employment—what President Alan Garcia of Peru...

Production this year likely to be 24.5 million tonnes, compared to internal demand of 23 MT The Centre has allowed export of 5 lakh tonnes of sugar. It has asked sugar mills to register themselves for seeking the Release Order for exports under Open General Licence (OGL). They have been allowed to export raw, white and refined sugar, but no export subsidy will be given. Export only from new output The OGL export...