Reputable foreign institutions may not come to India if a provision in a proposed law preventing them from taking back surplus from education activities is retained, a parliamentary panel has said. The Foreign Educational Institutions (Entry and Operations) Bill prescribes a time-bound format for granting foreign universities approvals but bars them from repatriating profits. The bill was introduced in the Lok Sabha on May 3, 2010, and referred to the standing committee...
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Useless pharmaceutical studies cause real harm by Carl Elliott
Last month, the Archives of Internal Medicine published a scathing reassessment of a 12-year-old Research study of Neurontin, a seizure drug made byPfizer. The study, which had included more than 2,700 subjects and was carried out by Parke-Davis (now part of Pfizer), was notable for how poorly it was conducted. The investigators were inexperienced and untrained, and the design of the study was so flawed it generated few if any...
More »Making food subsidies work better by Pradeep S Mehta
If Rajiv Gandhi were alive, he would have been delighted to see his view on leakages confirmed by a Research study on the public distribution system [How Can Food Subsidies Work Better? Answers from India and the Philippines by Shikha Jha and Bharat Ramaswami (http://www.adb.org/documents/working-papers/2010/economics-wp221.pdf)]. The ADB study showed that the deserving poor in India received only 10 per cent of the benefits from the system. Nearly twice accrues to...
More »Will the food security Bill ensure nutrition for the poor? by Sreelatha Menon
States are expected to take responsibility for this, but the Bill ignores the nutritional crisis altogether K V Thomas Minister for Food The inclusion of iron supplements, protein, dairy supplements and vegetables can be done gradually - this Bill is just the beginning The food security Bill will certainly ensure nutrition but it is the states that have to take steps for that. The draft Bill approved recently by the Group of Ministers is...
More »'Reforms failed to bridge urban-rural divide' by Ravi Dayal
Experts at a discussion on "Two decades of economic reforms: The way forward", organized by CII, Bihar state centre, said the economic reforms had not lessened the urban-rural divide; hence rural people could not generate substantial demand in the economy, though the savings rate enhanced in the last two decades. Director, Asian Development Research Institute, P P Ghosh, said the savings rate had increased from 12% in 1951 to 35%...
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