-PTI Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...
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TB, diabetes drug prices to fall by 30% -Sushmi Dey
-The Times of India NEW DELHI: The drug price regulator has capped prices of 30 medicines including antibiotics and those used in treatment of diabetes, tuberculosis and malaria. The move is expected to bring down prices of most of these medicines by 25-30%. However, in some cases the reduction could be by as much as 50%. The National Pharmaceutical Pricing Authority (NPPA), which has the mandate to regulate prices of essential medicines,...
More »Sick policies, starving farmers -Amit Bhardwaj
-Tehelka Agrarian policies are proving to be an albatross around the neck of ordinary farmers Amon Singh Kevat, 70, a small farmer in Vidisha, Madhya Pradesh, spent three long days in April waiting for his harvest to be picked up from an open plot that served as a mandi (procurement centre for agricultural produce). In need of money for a marriage in the family, Kevat didn’t even go home for meals. But...
More »Food Security Act to Be Adopted by 90% States by June: Paswan
-Outlook Kolkata: The Food Security Act will be adopted by 90 per cent of the states by June this year, Union Consumer Affairs, Food & Public Distribution minister Ram Vilas Paswan informed today. "Currently, some 11 states had adopted the Food Security Act and by June, 90 per cent of the states will adopt it," he said. West Bengal has begun implementing the Act by introducing it in South Dinajpur district and it...
More »Impact of El Nino on rural incomes can hurt India’s growth projections
-Hindustan Times Some global meteorological agencies have pointed to the rising risks of an El Nino weather pattern this year which can trigger a poor monsoon in India, potentially posing an immediate challenge for the Narendra Modi government. El Nino, literally “little boy” in Spanish, is a climate phenomenon marked by higher sea-surface temperatures in the equatorial Pacific. Its effects vary, from storms in California to drought in Australia and India. ...
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