-Business Standard The task force also highlighted that companies had been misused to channel unaccounted cash after demonetisation in November 2016 Mumbai: The government’s task force has arrived at a formula to define a ‘shell company’, a move critical for enforcement agencies to crack down on dubious entities exploiting the regulatory framework. According to sources, the task force has listed 18 key parameters, including beneficial ownership and the nature of business dealings, to...
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Nationalists claiming MNC hand in vaccines actually hurting Indian firms: WHO top officer -Abantika Ghosh
-The Indian Express In a letter to PM Modi, Swadeshi Jagran Manch, the economic wing of the RSS, had alleged that advocacy groups of dubious antecedents and an official in the Health Ministry were “lobbying for the use of vaccines such as HPV vaccine. New Delhi: As allegations of “MNC vaccine lobby” and “vested interests” pushing their agenda in India refuse to die down, World Health Organization (WHO) Deputy Director General...
More »Regulation on sale of oxytocin
-The Telegraph New Delhi: The Union health ministry has banned the sale of formulations with oxytocin through retail chemists and restricted domestic manufacture to public sector companies amid concerns about the clandestine manufacture and sale of the drug, believed to be misused in the dairy sector. The new rules come into effect from July 1. The government has also banned the import of oxytocin and its formulations, but public and private sector...
More »The weakest link in crop insurance -Harish Damodaran
-The Indian Express The crop in a well-marked plot of this field is, then, harvested, threshed, winnowed and weighed. If the produce contains moisture, it has to be dried first before weighing. Crop cutting experiments (CCE) have traditionally been conducted to obtain reliable average yield rates for estimation of agricultural production. These are mostly done by district/subdivision-level officials from the revenue, economics and statistics or agriculture departments of the concerned state governments....
More »Do agri bodies give farmers a boost? -Devesh Roy & Vinay K Sonkar
-The Hindu Business Line A study of Farmer Producer Organisations in Bihar show mixed results — some successes but several challenges too The government has this lofty goal of doubling farmers’ income by 2022. Among the different instruments to achieve this goal, promotion of new and scaling up of existing Farmer Producer Organisations (FPOs) have been given focus. Given the extremely small landholdings, FPOs, through collectivisation, which leads to economies of scale, are...
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