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Why India Inc. is not taking a Hanuman leap -Pulapre Balakrishnan

-The Hindu The one lever that the government could have pulled as it watched private investment decline was to step up public investment In a meeting held with the country’s corporate leaders on September 15, Finance Minister Nirmala Sitharaman drew attention to an important aspect of the economy today. She rightly flagged concerns about sluggish corporate investment, despite the government’s business-friendly stance, including a reduction in the corporate tax. The reduction, effected...

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Disparity among States in facilities for eye donation -Bindu Shajan Perappadan

-The Hindu RTI data show that no cornea was collected in some States in 2021-22; Karnataka, Tamil Nadu, Telangana and Andhra Pradesh fare better; nearly 4.8 million are visually challenged in India Despite Central Government’s emphasis on improving eye-donations across the country—Goa, Jammu and Kashmir, some States of North-East and Island States— have had zero cornea collection in 2021-22 so far as per data procured through RTI. The data from 2016 onwards...

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Deaths in the Gambia: Cloud over quality of Indian pharma products -PT Jyothi Datta

-The Hindu Business Line Experts say authorities will need to probe and take quick action, in the interest of keeping the faith in medicine exports from India The death of 66 children in Gambia, potentially-linked to four cough and cold syrups made in India by Maiden Pharmaceuticals, has brought up the quality question, again. How did an allegedly contaminated product slip through the regulatory cracks, casting a long shadow on the Indian...

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Heavy rains in India damage key crops ahead of harvest, threatening to stoke food inflation -Rajendra Jadhav

-Reuters/ThePrint.in State like UP has received 500% more rainfall than normal so far in October. Higher food prices could prompt India to slap additional restrictions on exports of food commodities. Mumbai: Heavy rainfall in India has damaged key summer-sown crops such as rice, soybean, cotton, pulses and vegetables just before harvesting, which could stoke food inflation in Asia’s third biggest economy, farmers, traders and industry officials said. Higher food prices could prompt New...

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Job Situation has Improved? Not so Fast! -Subodh Varma

-Newsclick.in The share of the working-age population that is actually working is still less than in pre-pandemic times. The latest data on unemployment has been met with optimism, and near-celebration, especially in the mainstream media, which is straining at the leash to portray some good news about the economy under the Narendra Modi government. September’s unemployment rate fell to 6.43% from August’s 8.3%, according to the Centre for Monitoring Indian Economy (CMIE)—both...

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