-Livemint.com RBI’s regulatory powers over PSU banks are weaker than those over the private sector banks, says Urjit Patel, putting the onus of tackling bank frauds such as the one at PNB on the finance ministry Mumbai: Reserve Bank of India (RBI) governor Urjit Patel broke his silence on Wednesday on the PNB fraud, putting up a blistering defence for the regulator and sought to put the onus on the finance ministry...
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'Manifold rise in suicide due to unemployment in Madhya Pradesh' -Desh Deep
-The Times of India BHOPAL: There has been an almost 2000% rise in the cases of suicide due to unemployment in Madhya Pradesh between 2005 and 2015. In 2005, the number of people committing suicide with unemployment as a reason was 29 which went up to 579 in 2015, said Akshay Hunka convener of Berozgar Sena quoting the figures of the National Crime Record Bureau(NCRB). The Sena was constituted recently to highlight...
More »7 lakh 'lose' jobs in khadi industry, but production goes up by 32% -Radheshyam Jadhav
-The Times of India Are people working in khadi industries leaving their jobs in droves? The official figures seem to suggest so. Data recently provided by the ministry of micro, small and medium enterprises to the Lok Sabha shows that the number of people employed in the khadi sector fell from 11.6 lakh to 4.6 lakh between 2015-16 and 2016-17. A closer look suggests that at least some of this may be...
More »Flush season extends, dairy farmers worry about further dip in procurement prices -Parthasarathi Biswas
-The Indian Express Around 10 per cent more milk being produced compared to last year Pune: This year has so far failed to bring cheer to the dairy industry in Maharashtra. The extended flush season has added to the woes of the industry already reeling under low commodity prices. With around 10 per cent more milk being produced as compared to last year, dairies are now worried about further reduction in the...
More »The tightrope walk of India's drug-price regulator -Anuj Gupta
-The Economic Times The genesis: The National Pharmaceutical Pricing Authority (NPPA) was set up to implement the 1995 Drug Price Control Order (DPCO) and monitor overcharging of drugs and medical devices When: August 29, 1997 Total number of chairmen: 11 What the chairman has to deliver: * Implement and enforce the provisions of the DPCO * Render advice to the central government on drug pricing Highlights of the chairmen's tenures * Between 2001 and 2004, five chairmen were...
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