-The Times of India NEW DELHI: Drug pricing regulator National Pharmaceutical Pricing Authority (NPPA) has slashed prices of 54 essential medicines by up to 55%, including commonly used drugs for cancer (brain and breast), hypertension, diabetes, antibiotics and other heart disorders. The move is aimed at bringing down prices of commonly used drugs for critical diseases by expanding span of price regulation to cover new drugs, NPPA Chairman Bhupinder Singh told TOI. In...
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Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »Revised MGNREGA wages put States in a quandary
-PTI State govts fear that the new rates would not be able to attract labourers because they are still below the existing minimum wages fixed by the states. The revised MGNREGA wages for the current fiscal announced recently have left various state governments in a quandary as they apprehend the new rates would not be able to attract labourers because they are still below the existing minimum wages fixed by the...
More »Why pulses prices are rising -Rajesh Bhayani
-Business Standard Lower output and inadequate policy are some of the reasons Price of pulses has once again started rising with chana trading at Rs 58 per kg in the wholesale market and tur dal set to touch Rs 200 per kg-level in the Retail market. Apart from lower crop in India and globally, thoughtless use of policy tools has contributed to the price rise. Government agencies have created a buffer stock of...
More »Drought spiral: Sugar output falls, prices of pulses may remain high -Zia Haq
-Hindustan Times India’s sugar and cotton output is showing signs of falling for the first time in five years and insufficient pulses production could keep prices high, early estimates showed in the midst of a crippling drought across a vast swathe of the country. However, the country will still have a surplus of cereals despite back-to-back drought trimming overall foodgrains output from normal-year levels. Sugar output is projected to fall between 8% and...
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