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Max Super Specialty made excessive profits on disposable syringes: CCI

-The Economic Times Max Super Specialty, Patparganj has made “unfair” and “excessive” profits on the sale of disposable syringes to patients admitted in its hospital, an investigation by the Competition Commission of India has revealed. The commission is expected to hold a hearing on this issue on December 20. CCI in 2015 ordered a probe into allegations that the hospital had colluded with multinational syringe maker Becton Dickinson’s Indian arm to sell...

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In Odisha's Single Window Clearance System, a Compromise for the Ease of Doing Business -Arpitha Kodiveri

-TheWire.in While synergising state and business interests through ‘single window’ mechanisms helps investors, it can compromise the role of regulatory agencies like the state pollution control board. On November 16 ,2017 Odisha chief minister Naveen Patnaik launched an online system called GO-SWIFT for supporting the state’s existing ‘single-window clearance system’. Odisha continues to be ranked high among different states in India on the ease of doing business index. It is part of a...

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WTO: We can't yield on food security -Amiti Sen

-The Hindu Business Line India needs to be firm in Buenos Aires about its public stockholding programme, resisting pressure from US and Brazil The outcome of the Eleventh Ministerial Conference of the World Trade Organisation (MC11) beginning in Buenos Aires on Sunday is difficult to predict as consensus continues to elude members on all key issues ranging from agriculture subsidies to e-commerce in the ongoing preparatory discussions in Geneva. It is, however, important...

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Gujarat Model's Failure Explains Why the Economy Is a Significant Factor in the Coming Elections -Jayati Ghosh

-TheWire.in The model of development that was presented as a success story relies on patronising and providing incentives to large businesses while simultaneously suppressing wage incomes. By now, almost everyone in the country knows the one thing Prime Minister Narendra Modi and the team around him excel in – the art of public relations and media management. This is the reason that the ‘Gujarat model’ of handling a state’s economy became such...

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Turning the corner -Ajit Ranade

-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....

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