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West Bengal student leader dies in police custody; SFI alleges murder

-The Times of India KOLKATA: A 22-year-old post graduate student and leader of CPM's students' wing SFI, died of injuries sustained in police custody, prompting the Left Front to demand a judicial probe on Tuesday while chief minister Mamata Banerjee and her senior cabinet colleagues attended the IPL inauguration ceremony barely a few km away. Police claimed SFI state committee member Sudipto Gupta's death was an accident while the victim's kin alleged...

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Prof. Reetika Khera, Development economist IIT Delhi interviewed by Sreelatha Menon

-The Business Standard Indian Institute of Technology-Delhi professor and development economist Reetika Khera tells Sreelatha Menon that the food Bill may not be a leap ahead, but it is certainly a step forward * The food Bill is a guarantee for lifelong dependence on government doles. As an economist, can one defend such a policy? The food Bill should be seen as an investment. "Labour" is India's most important asset. In that sense,...

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Indian families spending less on health, education -Dipti Jain

-The Times of India  Indian households are allocating less of their spending to education and healthcare and more to travel and eating out than they did in the past, the latest GDP data reveals. Expenses towards education and medical care have, in fact, been declining since 2008-09, according to the data, along with a decline in spending on food. Expenditure towards medical care and health services has declined from 3.9% of the...

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Is UID-linked cash transfer a good idea?-Sreelatha Menon

-The Business Standard Reetika Khera Professor, Indian Institute of Technology, Delhi* “Aadhaar is being made de facto compulsory for welfare schemes. With two-thirds without Aadhaar, they are bound to be denied entitlements” There are three components of the government’s direct benefit transfer scheme — computerisation, extending banking services and linking the benefits with Aadhaar. The real game-changers are the first two, whereas Aadhaar-enabled transfers carry the risk of excluding current beneficiaries. The Central government has...

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Focus on spurious, substandard drugs is more important

-The Economic Times The Union Cabinet has okayed a new price-control formula for pharmaceuticals, which seeks to cap prices at the arithmetic average of all drugs with more than 1% market share in any therapeutic segment that is to be brought under price control. Given that the existing system of fixing prices of select drugs is on the basis of costs, which is rigid, intrusive and prone to manipulation as well,...

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