-The Business Standard   Regulator studying pricing models in various nations; draft legislation likely by end of March Pharmaceutical companies might be up for stricter price regulations. The government is planning to bring in a legislation that would take into consideration pricing models across the US, European Union (EU), China and 14 Organisation for Economic Co-operation and Development (OECD) countries. The National Pharmaceutical Pricing Authority (NPPA), which regulates prices of medicines in the market,...

-The Business Standard   The new Act is an effort to address the historical injustice while speeding up procedures The Land Acquisition Act, 1894, is a colonial law enacted by the British government which survived and continued post-independence. This Act authorised the government to acquire the land from privately held person for public use, at a reasonable price. Even after independence, the Indian government continued with the 1894 Act. In many instances there have...

-Down to Earth   Lakhwar-Vyasi project cleared by Centre this year is a violation of Supreme Court order, says expert The Uttarakhand government is pushing for more hydropower projects in the state even through a Supreme Court-appointed panel of experts blamed existing hydel power projects in the state for the Uttarakhand flood disaster of 2013. The panel has sought complete overhaul of the environment clearance mechanism for such projects. The state government has...

-The Hindu   Kannur (Kerala): The ‘kaipad' rice cultivated in the brackish water tracts of northern parts of the State has been included in the Geographical Indications (GI) registry in the country which is part of the Intellectual Property regime. The Notification of inclusion of the ‘kaipad' rice varieties in the GI registry followed an application submitted by the Malabar Kaipad Farmers' Society (MKFS) of Ezhome here. The society has been formed for...

-Down to Earth   India needs second-generation reforms in environmental governance to protect environment and community rights and reduce transaction costs for industry After more than two years of flip-flops by the Union Ministry of Environment and Forests (MoEF), the Supreme Court (SC) gave a deadline of April 30, this year to the ministry to start the process of setting up a national environmental regulator under the Environment (Protection) Act, 1986, with offices...