-Live Mint Step is another sign of government intent to move towards direct transfer for all programmes The Union cabinet on Thursday approved a proposal that will eventually lead to the direct transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct transfer of cash...
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US retail giant Walmart to source locally in India-Dipti Jain
-The Times of India GURGAON: US retail giant Walmart is planning a series of partnerships with small and mid-level suppliers in India across product categories to create a big list of private label brands that will be priced substantially lower - as much as 10-15% - than established products and brands. The move is part of the company's strategy to go deeper into the Indian market and create cost-effective and efficient...
More »Clinical trials: Regulating chaos-Vidya Krishnan and Malia Politzer
-Live Mint The first in a two-part series examining the opaque world of clinical trials in India A hospital in Indore has been able to get away with unethical medical trials in which 32 people have died over five years, according to the state government. This despite several investigations, a state government ban and Supreme Court strictures—a classic example of the lawless nature of the clinical trial business in India. Lata Mehra, who...
More »Media moguls: Inside the minds of Samir and Vineet Jain -R Jagannathan
-First Post It is impossible to talk about Indian publishing without discussing Samir Jain, whose invisible hand guided The Times of India group to become India’s – and probably the world’s – most profitable media company. Despite its relatively small size in the global league (Rupert Murdoch’s NewsCorp is 20 times bigger in terms of revenues), Jain’s Bennett, Coleman & Co Ltd (BCCL) packs a huge punch and is Indian publishing’s...
More »Strengthening SME sector will open up a new strategy of broad-based, fast growth -Devaki Jain & Deepshikha Batheja
-The Economic Times "Are we knowledge-proof?" asked the late Prof Raj Krishna. As memorable as his other coinage, the Hindu rate of growth, this question is relevant, given our current growth strategy. The SME sector is a vibrant part of the economy, accounting for 40% of manufacturing and generating jobson a scale second only to agriculture. The figures are similarly significant for handicrafts and handlooms. According to the Tenth Plan, GDP from handicrafts...
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