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    November 30, 2012
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    One-time spectrum charge introduced; operators pay auction-determined prices for holdings above baseline, with surrender option.
    A one-time spectrum charge applies prospectively at the auction-determined 2012 price for holdings above a baseline, with retrospective application from July 2008 for holdings above a higher threshold using a two-tier pricing approach: a pro-rated historic price indexed by SBI PLR for the earlier period and the auction price thereafter. Licensees may opt to surrender spectrum beyond the baseline in lieu of payment. Mobile tariffs remain under regulatory forbearance, allowing providers commercial discretion in pricing.
    November 30, 2012
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    Network security obligation: Telecom providers must deploy certified equipment per standards and retain audit-ready test certificates.
    License amendments require that Telecom Service Providers are responsible for network security and may induct only network elements certified to relevant Indian or international security standards; licensees must retain test results and certificates for audit, and from the transition date certification must be obtained from authorized Indian agencies/labs, while the licensor may demand records for verification.
    November 30, 2012
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    GDP Q2 2012-13: 5.3% growth at constant prices and 13.6% at current prices, with sectoral divergence.
    GDP estimates for Q2 2012-13 show GDP at factor cost at constant (2004-05) prices of Rs. 12,93,922 crore (5.3% growth) and at current prices of Rs. 21,83,794 crore (13.6% growth). Sectoral growth was strongest in financing and business services, community and personal services, construction and trade/hotels/transport/communication, while agriculture recorded modest growth amid anticipated kharif production declines. Expenditure components indicate PFCE and GFCF are major shares of GDP, with notable rises in wholesale and consumer price indices and mixed industrial and services indicators.
    November 30, 2012
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    Price control of scheduled medicines: NPPA fixes prices per formula; monitoring can trigger action for excessive non scheduled increases.
    Under the DPCO, 1995 the NPPA fixes or revises prices of formulations containing the 74 scheduled bulk drugs using the para 7 formula (Material, Conversion, Packing costs, allowable post manufacturing expenses and taxes) to determine MRP; scheduled formulations cannot be sold above NPPA notified prices. For non scheduled drugs manufacturers set prices but NPPA monitors price movements and may act under paragraph 10(b) where annual increases exceed 10 percent.
    November 30, 2012
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    Revival conditional on rehabilitation proceedings; approval awaits authority review and possible changes to bid parameters.
    Approval for revival of closed fertilizer units, including Gorakhpur, is conditional on expedited BIFR proceedings and any resulting changes to bid parameters. Draft Rehabilitation Schemes have been submitted and a designated bank appointed as Operating Agency to examine them; the matter remains pending with the rehabilitation authority, so no timeline for operationalization can be provided.
    November 30, 2012
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    Fertilizer subsidy policy shift to nutrient-based subsidies changed pricing incentives and industry competitiveness.
    The Government replaced administered MRPs with a Nutrient Based Subsidy (NBS) policy for P&K fertilizers from 1 April 2010 to address distortions where MRPs below delivered cost required large subsidies, suppressed industry incentives, and limited productivity; a formal impact study is proposed. Urea prices remain government-fixed with subsidy covering the gap, while fixed nutrient-based subsidies apply to 21 P&K grades and companies set MRPs; the Department reports no pricing anomalies.
    November 29, 2012
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    Foreign direct investment in micro and small enterprises now permitted fully, subject to sectoral caps and regulations.
    Foreign Direct Investment in micro and small enterprises is now permitted up to full foreign ownership, subject to sectoral caps and other sectoral regulations; multinational investment is intended to promote capital inflows and competition within MSMEs while compliance with existing sector-specific licensing and regulatory frameworks remains required.
    November 29, 2012
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    Profit after tax decline attributed to input cost pressures and delayed gains from ongoing modernization at the public steel enterprise.
    Profit After Tax at Steel Authority of India Limited for April-September 2012 fell by 7.04% due to higher input costs (including imported coal), increased salary and wage expenses, greater interest and depreciation charges, lower interest earnings and higher mineral royalty. SAIL is executing a large Modernization and Expansion programme at an estimated cost of about Rs.72,000 crore, with benefits expected only after completion and commissioning; the release also provides plant-wise counts of regular employees and contract labour.
    November 29, 2012
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    Decentralized distributed generation enabled by central subsidy and loan support to electrify villages lacking feasible grid access.
    The government designated a subsidy framework to electrify villages unsuitable for grid extension by promoting Decentralized Distributed Generation (DDG) under RGGVY, combining a central subsidy with loan support from the Rural Electrification Corporation or state/financial institution sources; implementing agencies comprise State Renewable Energy Development Agencies, state utilities, and identified Central Power Sector Undertakings, with REC as nodal agency. Separately, MNRE offers a targeted subsidy for off grid solar mini/microgrid projects with battery storage and local distribution, available to all States and Union Territories.
    November 29, 2012
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    Overseas worker social security: scheme secures pension savings, return resettlement support and life insurance for ECR passport holders.
    Mahatma Gandhi Pravasi Suraksha Yojana (MGPSY) provides targeted social protection for overseas Indian workers holding Emigration Check Required passports migrating to ECR countries by requiring subscriber savings in an NPS Lite pension account and a separate Return and Resettlement fund, issuing a unique MGPSY account on integrated enrolment. The Government supplements subscriber contributions for a limited period and provides life insurance cover without additional premium. On return, Return and Resettlement savings are withdrawable as a lump sum while pension savings remain under NPS Lite or follow pension withdrawal guidelines.
    November 29, 2012
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    Emigration helpline aids migrant workers with guidance and complaint lodging against recruiters and foreign employers.
    The Overseas Workers Resource Centre (OWRC) is a national informational helpline for emigrant workers to the 17 Emigration Clearance Required countries, operating a 24x7 toll free number in eight regional languages to provide guidance and to lodge complaints against recruiting agents, unregistered agents and foreign employers; 39,514 calls were attended to in 2012 up to 15 November.
    November 29, 2012
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    Audit compliance penalties for metering and billing accuracy proposed to enforce timely audits, accurate reports and consumer refunds.
    Proposed measures strengthen compliance by imposing financial disincentives for delayed or false Audit Reports and Action Taken Reports, increasing Call Data Record audit frequency to twice yearly, requiring simultaneous auditor reporting of overcharging and monthly progress updates by service providers, and mandating deposit of overcharged amounts with TRAI if refunds are not made within one month. The Paper also proposes penalties for incomplete audit reports and appointing auditors nominated by TRAI with fees fixed by the regulator.
    November 29, 2012
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    Intermediary liability clarification to ensure uniform implementation and guidelines for online intermediaries and cybercafe compliance across jurisdictions.
    The committee agreed that the provisions governing intermediary liability are contextual and have produced implementation difficulties; a consensus was reached that the Government should issue uniform guidelines to States and Union Territories to clarify legislative intent and provide a common framework for enforcement and compliance, and that stakeholder input should inform revisions and operational clarifications, including Rules affecting cyber cafe s.
    November 29, 2012
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    Trade normalisation: move from positive to negative lists and steps toward MFN, banking access and route liberalisation urged.
    India urged consolidation of trade normalisation by shifting from a Positive list to a Negative list and ultimately according Most Favoured Nation status, while proposing practical measures: establish initial cross-border bank branches and consider Indian private banks, constitute a Joint Business Council with an Indian Co-Chair, expand land-border trade through the Attari-Wagah Integrated Check Post and other routes including Khokhrapar-Munabao, and press for early operationalisation of a new Visa Agreement to liberalise business travel.
    November 29, 2012
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    Drug price enforcement: NPPA issues notices and recovers overcharges, monitors shortages and enforces DPCO compliance.
    NPPA initiates inquiries via preliminary notices and, on confirmation, issues demand notices for recovery of overcharged amounts under DPCO, 1995; it enforces compliance by sampling, investigating complaints and state reports, scrutinising Form V price submissions, and monitors shortages, directing manufacturers to redistribute stocks while supporting affordable generic access through the Jan Aushadhi campaign.
    November 29, 2012
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    Investment policy drives fresh private and revamp projects in the urea sector, aiming to expand production capacity.
    A private Greenfield gas based Ammonia-Urea project in Burdwan, West Bengal, and multiple revamp investments in existing urea plants have been undertaken following the New Investment Policy 2008; the Government is considering a New Investment Policy 2012 to attract further investment. An annexure lists units, amounts spent, and pre and post revamp urea capacities by project status (completed, partially completed, under revamp), evidencing capacity increases across the sector as reported in a parliamentary written reply.
    November 27, 2012
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    Gram Nyayalayas implementation to expand local access and procedural reforms to cut case pendency through targeted measures.
    The Advisory Council prioritised forceful implementation of the Gram Nyayalayas Act to deliver inexpensive, local justice, addressing concurrent jurisdiction and resource shortfalls; proposed targeted establishment of Gram Nyayalayas and filling subordinate judiciary vacancies. It recommended reforms to the Negotiable Instruments framework to exclude collateral cheque transactions, mandate alternative dispute resolution for cheque-related prosecutions, and adopt a procedural schedule for speedier trials. The Council endorsed court and case management improvements, court development plans, bar cooperation, and development of Model Courts to improve delivery and reduce pendency.
    November 27, 2012
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    Anti-piracy initiative to fund awareness, training and enforcement measures against audiovisual piracy under national plan.
    The government approved an Anti Piracy Initiative under the Twelfth Five Year Plan to counter audiovisual and web-based piracy through awareness campaigns, a dedicated web portal, training for police, judicial and administrative officials and exhibitors on the Copyright Act, research and public-private strategy development, documentary production, curricular inclusion of anti-piracy material, and community outreach; implementation will be undertaken with business chambers and NGOs during the 2012-17 Plan period.
    November 27, 2012
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    Targeted agricultural programme focus on boosting eastern rice production increased regional output while excluding basmati promotion in the north-west.
    The Government launched Bringing Green Revolution in Eastern India (BGREI) under RKVY with dedicated allocations and complementary crop schemes to boost rice productivity across seven eastern States; coordinated implementation since 2010-11 is reported to have significantly increased the region's share of national rice production by 2011-12, with statewise production gains summarized, and policy emphasis explicitly shifting promotion away from north-western basmati cultivation.
    November 27, 2012
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    De-allocation of coal blocks recommended, with bank guarantee deductions and impositions; government accepted and initiated action.
    The Inter-Ministerial Group reviewed allocated coal blocks and recommended de-allocation of certain privately allocated blocks, deduction of bank guarantees in multiple cases, imposition of a bank guarantee in one case, and no action in a few instances; the Government accepted these recommendations and initiated corresponding administrative action.

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