-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
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Drowning in sweetness -Ashok Gulati
-The Indian Express The sugar industry faces a crisis of plenty. Unless bold steps are taken quickly, it can prove costly to the Modi government. The sugar sector is heading for a major crisis of plenty. India will begin the sugar season (October to September) with a sugar stock of about 10 million metric tonnes (MMT). The industry’s production estimate for 2018-19 is 35.5 MMT, up from 32.3 MMT in 2017-18, against...
More »Centre bans 328 combination drugs in setback for pharma companies
-PTI The president of the Indian Drug Manufacturers' Association said the order would have an impact on a market worth an estimated 16 billion rupees a year for such drugs, which are produced by both small and large pharma companies. New Delhi: The Indian government has banned 328 combination drugs in a blow to both domestic and foreign pharmaceutical firms, but the ban has been cheered by health activists worried about growing...
More »Madhav Gadgil, noted ecologist, interviewed by Nidheesh MK (Livemint.com)
-Livemint.com Ecologist Madhav Gadgil, whose report on Western Ghats was rejected by the Kerala government, on what caused the Kerala floods and how the rebuilding process should be carried out Ernakulam (Kerala): Submitted seven years ago on 31 August 2011, ecologist Madhav Gadgil’s report on the biodiverse Western Ghats—a portion of which falls in Kerala—had warned that the combination of massive ecological destruction and extreme weather events trigger disaster. His words proved...
More »The Tragi-Comedy of Jobs Numbers -Subodh Varma
-Newsclick.in In the latest govt. release of EPF and ESI numbers, the chaos in industry is revealed – not job situation. What was started last year as a trial balloon has now become a joke, after getting sanctified by everybody in the govt., from PM Modi downwards. Yesterday, the govt. released new numbers on how many people enrolled in three of its social security schemes, provident fund (EPF), employees health insurance (ESI)...
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