-Reuters Raipur/Patna: The deaths of at least 23 children who were poisoned after eating a free school meal has triggered an outcry over food safety just as the ruling Congress party is set to launch an ambitious plan to feed 800 million poor, with an eye on elections due within a year. Congress leader Sonia Gandhi‘s national subsidised food project includes free school meals and expands existing handouts to make it probably...
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Drug makers suffer an overdose of control-Bhupesh Bhandari
-The Business Standard The new price caps for 191 essential drugs are likely to introduce serious distortions in the market for these medicines The National Pharmaceutical Pricing Authority, or NPPA, has announced new price caps for 191 essential drugs that are 10 to 50 per cent lower than the current prices. Drug makers have 45 days to recall the earlier batches and send out new ones with the lower price tags. This...
More »Onion prices at two and a half year high
-PTI NEW DELHI: Onion prices jumped to two and a half year high of Rs 24 per kg due to tight supply and strong Ramzan demand. Wholesale rates at Maharashtra's Lasalgoan, the Asia's biggest wholesale market for onion, soared almost five times higher than levels at the same time last year, stoking fears of Retail Prices rocketing across the country. Retail Prices of onion in Delhi ranged between Rs 30 and 35 per...
More »Another bitter pill for patients-Sakthivel Selvaraj
-The Hindu The current market prices are essentially over and above the actual cost of production - a difference that could run from 100 per cent to 5,600 per cent, depending upon various therapeutic categories In a liberalised market economy, do we need price controls on drugs? Policymakers and the pharmaceutical industry do not think so. They believe that price controls are an inefficient tool that distorts resource allocation, squeezes revenue, reduces...
More »Why vegetable prices are killing you-Subodh Varma
-The Times of India Tomato prices have gone through the roof. This essential part of food in most households is selling at over Rs 60 per kilogram, in some places even up to Rs 80. In February this year, onion prices had similarly spiked for a few weeks, forcing families to shell out double-triple prices. So, what's going on? Is it a demand-supply problem, as claimed by traders and administrators? Or...
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