-The Times of India MUMBAI: In an explosive revelation, a whistle-blower in the state government has said a staggering Rs 35,000 crore was siphoned off and wasted on dud irrigation projects in the past decade. The Maharashtra government has spent Rs 70,000 crore on such projects across the state during this period. Vijay Pandhare, chief engineer (water resources department) and member of the state-level technical advisory committee who wrote a stinging 15-page...
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Food ministry comes with two plans to fix retail price of sugar-Rituraj Tiwari
-The Economic Times At a time when the Rangarajan committee is giving final touches to its recommendations on sugar deregularisation, The Union food ministry has come up with two proposals for fixing new retail price of sugar sold in ration shops (levy sugar) to reduce the food subsidy bill. According to the first proposal, the food ministry has recommended to free up the prices of levy sugar and allow state governments to...
More »Cipla wins patent case over Tarceva -CH Unnikrishnan
-Live Mint Cipla Ltd won a landmark patent case against Swiss drug maker F Hoffmann-La Roche Ltd in the Delhi high court on Friday over the Indian company’s generic copy of lung cancer drug Tarceva after a four-year court battle. Justice Manmohan Singh observed in his 280-page judgement that it had been scientifically proven that Cipla’s generic version was a polymorph B variant of Roche’s patented drug and that it didn’t actually...
More »Heard of the ‘Bangladesh shining’ story?-Jairam Ramesh, Varad Pande & Pranjul Bhandari
-The Hindu The country has shown that it is possible to have superior social outcomes at lower per capita incomes and rates of economic growth Bangladesh is very much in the news these days in our country, but for the wrong reasons. In the unfortunate Bangladesh-bashing that seems to have become somewhat of a pastime, we seem to have failed to notice the striking developmental success that it has had in the...
More »Govt Approves Rs 10,901 Cr Funds for Crop Loan Subsidy
-Outlook Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal. The Cabinet chaired by Prime Minister Manmohan Singh decided "to continue interest subvention to Public Sector Banks, Regional Rural Banks (RRBs), Cooperatives Banks and Nabard to enable them to provide short- term crop loans up to Rs 3 lakh to farmers at 7...
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