The medicine price regulator, the National Pharmaceutical Pricing Authority (NPPA), has found a price fixing mechanism suggested by its parent ministry, chemicals and fertilisers, has failed to meaningfully lower the prices of key cancer medicines. A group of ministers (GoM) headed by agriculture minister Sharad Pawar is expected to meet soon to finalise a pricing policy on drugs. The NPPA study findings may compel the ministry to seek other effective ways of...

The United Nations has asked India to repeal the Armed Forces (Special Powers) Act, saying it had no role to play in a democracy. “The AFSPA in effect allows the state to override rights in the disturbed areas in a much [more] intrusive way than would be the case under a state of emergency, since the right to life is in effect suspended, and this is done without the safeguards applicable...

-The Hindu   “Heart of policy is that government believes people should pay tax somewhere” Even as Finance Minister Pranab Mukherjee faces flak from corporates at home and abroad on his budget proposal to tax Vodafone-type deals through retrospective amendment, World Bank president Robert Zoellick sought to side with the government saying India wanted the company to pay tax at some place. He also reasoned that investors must give some time to the government...

Swaminathan Anklesaria Aiyar (TOI March 25 and ET March 28) has strongly defended the Planning Commission's stance that there is nothing amiss with the poverty line drawn at Rs 22.40 in rural areas and Rs 28.65 in urban areas (down from initial estimates of Rs 32 and Rs 26, respectively). Let us discount the copious tears being shed by various politicians and their parties on this new line of poverty...

A Supreme Court-appointed panel on illegal mining has recommended an investigation into alleged kickbacks paid to companies linked to the family of former Karnataka chief minister BS Yeddyurappa. The Central Empowered Committee wrote in a report on Wednesday that payments of 6 crore by a mine owner to two companies controlled by the close kin of the former chief minister must be "investigated in public interest". The Supreme Court's forest bench will...