-The Economic Times Arvind Panagariya, a professor of Indian economics at Columbia University, hits out at Nobel laureate and Harvard University professor Amartya Sen over his call to confront MPs with the "number of deaths" a delayed Food Security Bill can cause. The former chief economist at the Asian Development Bank counters Sen's argument that it is high social spending that has contributed to the economic growth of Asian economies such...
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Ranbaxy fined $500 m for flawed generics-Narayan Lakshman
-The Hindu Ranbaxy, one of India's largest pharmaceutical companies, has agreed to pay $500 million fines levied by U.S. authorities for selling adulterated drugs and lying to federal regulators in a case that is part of an ongoing crackdown on the quality of generic drugs flowing into the U.S. The deal struck on Monday, said to be the largest financial penalty against a generic drug company for violations of FDA standards, came...
More »Rising farm wages will lift all boats-Neelakshi Mann and Jairam Ramesh
-The Hindu Investment in a scheme that guarantees rural employment with minimum wages should be seen as complementary and not alternative to development activities A recent paper by the Commission for Agricultural Costs and Prices (CACP) has argued that the "push" factors of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) are not as important as the economic growth "pull" factors, for increasing agricultural wages. The paper has received wide media...
More »Frontiers without doctors-D Thamma Rao
-The Hindu The south leads in the number of medical and nursing seats, with for-profit private colleges dominating the scene. It will take major capacity expansion in the government sector to meet WHO norms on access to health professionals. India has achieved major organisational and technological successes but the health system's performance is abysmal. This cannot be attributed to poverty. It is poor health that places India 134th in the Human Development...
More »Errant Aadhaar contractors paid Rs5.5cr fine: RTI
-DNA Mumbai: The state has charged penalties of more than Rs5.5 crore from various contractors authorised for Aadhaar card enrollment. The state has charged penalties of more than Rs5.5 crore from various contractors authorised for Aadhaar card enrollment. The details were made available through a Right to Information (RTI) application filed by Anand Pargaonkar. Around 13 agencies are given the contract to enroll people for Aadhar cards. Details provided by the state's...
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