-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
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Two years without polio -T Jacob John
-The Hindu The large sums of money spent in the eradication of the disease is an investment in the economic development of the country In the 1980s, only three decades ago, 200,000 to 400,000 children, all under 5 years, were afflicted with polio paralysis annually in India. That was a daily average of 500 to 1000 cases. By the age of six, eight among 1,000 children already had polio paralysis; two would...
More »Buddhadeb Bhattacharjee attacks 'faulty' business policy of Mamata government -Sanjib Chakraborty
-The Times of India KOLKATA: Days ahead of the Bengal Leads Summit much-touted investment summit by the Mamata Banerjee government in Haldia, former chief minister BuddhadebBhattacharjee on Sunday alleged that the state government's faulty policy on land acquisition and SEZ will drive away even the existing industries in Bengal. Bhattacharjee argued what good is a policy if it isn't enabling new industries in the state. "Infosys wants an SEZ status. Wipro wants...
More »2012: Drought Spoils Farm Sector's Dream Run -Laxmi Devi and Manvendra Jha
-Outlook The agriculture sector witnessed record foodgrains output of 257.44 million tonnes in this year enabling the country to become world's largest rice exporter for the first time, but the monsoon played spoilsport dashing farmers' hopes of an encore in 2013. A hefty increase of Rs 1 lakh crore in farm credit target to Rs 5.75 lakh crore was a major highlight for the sector in 2012, while the continuing farmers suicide...
More »WHO clearance will boost Indian vaccine exports -Aarti Dhar
-The Hindu In a major boost to the country’s private vaccine manufacturing pharmaceutical companies, the World Health Organisation (WHO) has said that India’s national regulatory authority — Central Drugs Standard Control Organisation (CDSCO) — and its affiliated institutions meet the prescribed international standards. India is a major vaccine producer with 12 major vaccine manufacturing facilities. These vaccines are used for the national and international market, reaching nearly 150 countries. Every second child...
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