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May 15, 2012
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Public procurement criminal penalties proposed: mandatory prison terms for officials undermining the procurement process, expanding anti-corruption sanctions.
The Bill proposes to strengthen procurement regulation by imposing mandatory prison penalties on bureaucrats who accept bribes or otherwise vitiate government procurement, using custodial terms as the principal deterrent to protect procurement integrity and criminalise conduct that subverts fair competitive procedures.
May 14, 2012
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International trade cooperation advancing via a transport corridor to boost connectivity and enable energy logistics participation.
Bilateral trade and economic cooperation was advanced through an intergovernmental commission addressing sectoral collaboration in transport, energy, finance, agriculture, communications and environment, with emphasis on progressing the International North-South Transport Corridor. Both countries expressed interest in Indian participation in evacuating hydrocarbons via pipelines in the Caspian region. Identified constraints to trade expansion are logistics, connectivity and lack of mutual information; steps are being pursued to address these barriers and advance the corridor and related cooperation initiatives.
May 14, 2012
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Counterfeiting of Indian drug brand prompts diplomatic protest and leads to investigation and factory seizures.
An Indian pharmaceutical brand sold in Nigeria was counterfeited by Chinese manufacturers; India lodged a formal protest. The Chinese Government investigated, identified a nexus between Chinese manufacturers and Nigerian importers, apprehended principal suspects, sealed implicated factories, and indicated that action would be taken under domestic law, as reported by the Minister of State for Commerce and Industry in a written parliamentary reply.
May 14, 2012
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Agricultural disaster relief: government to assess tea plantation hailstorm damage and provide pruning subsidies, technical aid, and loans.
Cyclonic hailstorm damage in Chopra Block left tea bushes unfit for cropping for three months; the Tea Board will obtain field and research reports to assess extent of damage and provide support to affected small growers under existing schemes, including subsidies for pruning, technical assistance to restore vigour, and working capital loans or a revolving corpus for Self Help Groups.
May 14, 2012
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Commercial opportunities in Afghanistan: Indian industry urged to explore contracts with donors, international organisations and forces.
The Government of India encourages Indian industrialists to pursue commercial opportunities in Afghanistan, including participation in contracts awarded by donor countries, international organisations, and international military forces, and identifies textiles, gems and jewellery, pharmaceuticals, manufactured tobacco, machinery and instruments, electronic goods, plastics, metals manufacturers and rubber products as sectors with good market potential.
May 14, 2012
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Government import intervention to augment pulse supply and moderate domestic prices under subsidy and PDS-linked measures.
The Government authorised importation of yellow peas by the State Trading Corporation under Government account to augment domestic supply and moderate prices, with consignments linked to the 15% subsidy scheme and the PDS scheme, and this disclosure was made in a written parliamentary reply listing aggregated imports by origin and value.
May 14, 2012
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Rubber Plantation Development support promotes new planting and replanting with targeted subsidies and technical assistance.
Two schemes-Rubber Plantation Development and Rubber Development in North East-provide targeted per hectare financial assistance and technical support for new planting, planting material, and transportation where applicable; non traditional and North East regions receive higher assistance. Research and extension promote high yielding clones and better agro management, while land constraints in traditional areas shift emphasis to replanting senile plantations to raise productivity.
May 14, 2012
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Patent pendency undermines examination speed due to examiner shortage and rising filings, prompting recruitment and digital processing.
Patent pendency at the patents office results from sharply increased filings and examiner shortages; the grant process is a quasi-judicial sequence of publication, request for examination, substantive examination and disposal of pre-grant opposition. The Government has recruited additional examiners and implemented electronic processing modules to speed examination and improve transparency. A recent administrative grant of a compulsory licence for an anti-cancer drug is under challenge before the appellate forum and is therefore sub judice, and no application for compulsory licence is currently pending.
May 14, 2012
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Government procurement exemption under WTO rules permits domestic procurement preferences to be reflected in national policy.
International trade agreement provisions permit a government procurement exemption enabling domestic laws and requirements to govern procurement by government agencies where purchases are for governmental purposes and not for use in commercial production; the Government incorporates these treaty-based exemptions into its procurement policy formulation.
May 14, 2012
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FDI prohibition in cigarette and cigar manufacture remains while government provides mechanisation and input subsidies to FCV tobacco growers.
The Government supports registered FCV tobacco growers through mechanisation, promotion of hybrid seeds, training in good agricultural practices, and provision of certified seeds and bio-organic inputs free or at subsidised rates; the Tobacco Board oversees authorised production and existing barn capacity is adequate. FDI prohibition applies to manufacture of cigars, cheroots, cigarillos and cigarettes of tobacco or substitutes, and the Department reports no information on clandestine account inflows disguised as marketing services.
May 14, 2012
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Technology Mission on Coconut support for processing units enables project-based subsidies and quarterly project approvals.
Assistance under the Technology Mission on Coconut is provided on a project basis with a back ended subsidy; eligible applicants include registered societies, NGOs, entrepreneurs, individuals and other institutions, with applications accepted year round. Projects are vetted by an Internal Screening Committee and approved by a Project Approval Committee in quarterly meetings, and must conform to the Mission's operational guidelines and viability criteria to receive technical and financial support.
May 14, 2012
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Modified Voluntary Retirement compensation and land transfer modalities shape NTC mill rehabilitation and memorial land access.
NTC faced operational and financial distress from power cuts, labour shortages and raw cotton supply volatility, resulting in widespread cash losses; under the Revival Scheme it undertook modernization investments, deployed DG sets and workforce measures, and offered a Modified Voluntary Retirement Scheme (MVRS) with compensation and exposure to Counselling, Retraining and Redeployment (CRR) programmes, while an inter ministerial committee is to recommend modalities, environmental compliance and compensation relating to transfer of India United Mill No.6 land for a memorial.
May 14, 2012
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Government non-provision of financial revival aid: industry sickness managed via institutional mechanisms and worker rehabilitation fund.
Government identifies significant numbers of idle handloom units and does not provide direct financial assistance for revival of sick or closed industries; instead, industrial sickness is addressed through an institutional reconstruction mechanism and worker relief is channelled via a Textile Workers Rehabilitation Fund with state-level allocations and expenditures.
May 14, 2012
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Foreign investment monitoring bolstered as major steel sector projects and acquisitions prompt inter ministerial coordination mechanism.
Foreign direct investment into the steel sector increased over the three financial years to 2011-12, accompanied by multiple large proposed greenfield projects and notable cross border stake acquisitions. An Inter Ministerial Group (IMG) has been constituted to coordinate, monitor and review issues affecting major steel investments, with individual issues escalated to the concerned Ministries/Departments and State Governments for resolution in accordance with existing rules and policies.
May 14, 2012
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Patent application pendency due to procedural steps and examiner shortages; recruitment and e processing aim to expedite examination.
Significant pendency of patent applications at the Controller General's office is attributed to multi step quasi judicial grant procedures, sharp increases in filings, and a shortage of examiners; remedial steps include recruitment of additional patent examiners and use of electronic processing modules to speed examination and improve transparency. A decision granting a compulsory licence for an anti cancer drug has been challenged and is subjudice, and no applications for compulsory licence are currently pending.
May 14, 2012
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Wholesale price inflation rises, driven by primary articles, fuel and select manufactured product groups this month.
Statement reports movements in the official Wholesale Price Index (WPI) (Base 2004-05=100) for April 2012, noting a month over month rise in the All Commodities index and an annual inflation rate based on monthly WPI of 7.23% for April 2012, with a financial year build up of 2.07%. It disaggregates index changes by major groups-Primary Articles, Fuel & Power, and Manufactured Products-identifies commodity level contributors and detractors, and provides annexed tables of WPI levels, month to month changes, build up and year on year rates, and a six month trend for selected items.
May 11, 2012
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General Anti-Avoidance Rule expands power to recharacterise arrangements and deny tax benefits under the new statutory regime.
The Bill inserts a statutory General Anti-Avoidance Rule (GAAR) enabling authorities to declare arrangements impermissible where a main purpose is obtaining a tax benefit, to disregard, combine or recharacterise steps or parties, and to determine tax consequences by reallocation or treatment of residence, situs or character of amounts; it also introduces an Approving Panel and Commissioner-led procedure for binding directions. Concurrently, transfer pricing scope is extended to specified domestic transactions, a statutory Advance Pricing Agreement regime is created, and expanded documentation, reporting, penalty and assessment-time provisions are imposed for transfer-pricing and disclosure failures.
May 11, 2012
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International collaboration on electric mobility seeks German green-technology participation in India's electric vehicle, infrastructure and manufacturing initiatives.
India seeks German expertise and private-sector participation to develop electric mobility and green technologies, aligning support with the National Mission for Electric Mobility and an Electric Mobility Plan. The Indo-German Joint Working Group on Automotives will continue to coordinate technology transfer and energy-efficient transport solutions, while Germany is invited to participate in seven National Manufacturing Investment Zones on a PPP model along the Delhi-Mumbai Industrial Corridor and in industrial projects including a potential BHEL-Siemens turbine manufacturing agreement.
May 10, 2012
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Visa simplification for business visitors urged to ease movement of professionals and facilitate Indo German economic collaboration.
Concerns over visa regime simplification and protection against unauthorized use of Indian software were presented as bilateral regulatory priorities affecting commercial engagement. The discussions also advanced proposals for Siemens led manufacturing skill development to scale vocational training and explored town planning collaboration for smart city and industrial corridor initiatives, framing an agenda of regulatory facilitation, intellectual property protection, workforce skilling, and urban planning cooperation.
May 9, 2012
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Bilateral trade target exceeded as India and Germany deepen collaboration in generics, SMEs, and cross border investment ties.
Bilateral trade between India and Germany has more than doubled to around US$ 23.64 billion, prompting confidence that the Euro 20 billion target by 2012 will be surpassed; ministers reviewed economic relations, participated with CEOs, and endorsed initiatives to expand trade and investment linkages.

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