-The Times of India State-owned oil marketing companies (OMCs) are all set to increase price of petrol by Rs 5 a litre with effect from Saturday, while the prices of diesel, cooking gas and kerosene will be increased next week once Congress president Sonia Gandhi returns after her medical checkup on September 10. A cabinet note on increasing the prices of sensitive petroleum products like diesel, cooking gas and kerosene has already...
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Pricing of imported drugs under regulatory scanner-Khomba Singh
-The Economic Times India's drug price regulator has initiated a process to end the 16-year freedom enjoyed by foreign drug makers to fix the retail price of their imported medicines in the country. The National Pharmaceutical Pricing Authority (NPPA) has written to the department of pharmaceuticals to amend the Drugs (Prices Control) Order of 1995, its chairman CP Singh told ET. The amendment will allow NPPA to seek details of the methodology adopted...
More »Patients lose out to patents & profits -Deepa Kurup
-The Hindu A 2012 WHO study ranks India third — behind Myanmar and Bangladesh — among countries that fail to provide health cover to people. A 2011 study reported in The Lancet on ‘Healthcare and equity’ confirms this: every year, at least 39 million people here fall into poverty due to private out-of-pocket health expenditure. A vast majority of Indians do not have access to healthcare or essential drugs. By the...
More »Centre seeks Maha government views on ban of Mahyco’s Bt cotton seed
-PTI The Centre has sought details from the Maharashtra government about reasons for cancelling the licence of private seed firm Mahyco to sell Bt cotton seeds in the state. The Union Agriculture Ministry has also asked Mahyco to submit its views, a senior government official said. On August 8, the state government had issued an order cancelling the licence of Maharashtra Hybrid Seeds Company (Mahyco) to sell Bt cotton seeds with immediate effect,...
More »Diesel subsidies benefit the haves more than have-nots -Ramkrishna Kashelkar
-The Economic Times MUMBAI: Soaring diesel consumption by fleet owners, telecom companies to keep their towers running and malls to pamper their affluent customers is blowing up the theory that continuation of diesel subsidies is intended to help farmers and truckers in order to keep inflation low. Diesel consumption is growing at a rapid pace that is lining the pockets of the business community rather than the government's intention to help poor...
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