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Need to make SEZ laws error-free
Trinamool Congress leader and new Railway Minister Mamata Banerjee has called for a review of the Special Economic Zones (SEZ) policy. Whoever takes over as the Union commerce minister will have to do it in any case, as it is nearly four years since the SEZ Act, 2005, came into effect and over three years since the SEZ Rules, 2006, were put in place. A performance assessment can do no harm but certainly the SEZ developers who have already acquired land and sunk their money in developing infrastructure and the units, which have obtained approvals and started their operations, should not be left wondering for long as to whether any policy changes will affect them. They need to be assured quickly that any policy changes will affect only the intending SEZ developers and SEZ units. http://smallpersonalloans.org.uk

Let's all go home
It was past 7 pm in the Lok Sabha and Environment and Forest Minister Jairam Ramesh had already made clear India’s stand to be taken at Copenhagen. So, Parliamentary Affairs Minister V Narayanasamy, gauging the mood of the MPs, passed a chit to Ramesh: “All MPs are satisfied” (in other words, please stop your speech so that we can go home). Ramesh, known for his sense of humour, made the chit public, “Narayanasamyji is telling me that all MPs are satisfied. But the minister himself is not satisfied. I request Swamiji to give me more time.” As the House burst out in laughter and Narayanasamy looked embarrassed, Ramesh continued, “I must take swamiji’s permission because he is the real swami here.”

News of the day

Sun Pharma, Forest settle US suit on Lexapro
Sun Pharmaceutical Industries and its subsidiary, Caraco Pharmaceutical Laboratories, have reached a settlement agreement with drugmaker Forest Laboratories and licensing partner H Lundbeck AS, over a pending patent infringement dispute over Forest’s blockbuster antidepressant, Lexapro.
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World Bank to fund $1 bn for cleaning Ganga river

As Prime Minister Manmohan Singh is all set to make another serious bid to clean up the river Ganga, the World Bank has agreed in principal to make available $1 billion for the purpose. - PM has offered all Central help to flood-hit AP: Rosaiah - CM announces Rs 100 cr for rain relief - NREGA gets Mahatma Gandhi tag - Future money - Pro-dam activists demand early resumption of suspended projects - India committed to promoting ties with China: PM "We are talking of a long term billion dollar commitment for the newly created National Ganga River Basin Authority, a body headed by the Prime Minister, which will take up the task of cleaning up river Ganga in a much more systematic and serious manner than has been the case so far," Ramesh said. Prime Minister Singh is scheduled to hold a meeting in New Delhi Monday. The final decision in this regard is expected to be taken when the World Bank President Robert Zoellick visits India in December. Ramesh said in principle there has been approval that the World Bank will support the project. India has already spent Rs 960 crores in the last 20 years to clean the river Ganga but it no cleaner today than it was two decades ago. "Obviously, we have to do things differently then we have done things so far," he said. Noting that 75 per cent of the pollution in the river Ganga comes from municipal sewage and another 25 per cent comes from industrial effluents, he said both requires to be controlled in a much larger and wider way than has been the case so far. "The World Bank support would be a major element in bringing fair amount of resources as far as cleaning the Ganga River is concerned," Ramesh said.


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