-Outlook Former Chief Election Commissioner S Y Quraishi has proposed mandatory annual audit of funds and donations received by political parties. "We want all political funding should be transparent and checked. There should be annual compulsory audits by an independent auditor to be picked up from a panel suggested by the Election Commission," Quraishi told PTI. He said the report of such audit should be put in the public domain. "Everybody will be able...
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Centre planning major changes in rules for clinical trials
-The Hindu Drugs Controller must be told of adverse events within 24 hours Under sharp criticism for inadequate monitoring of clinical trials in the country, the Union Government is contemplating major changes in the Drugs & Cosmetics Act, 1940, and its Rules. These would make it mandatory for the Investigator to report all serious adverse events, including deaths, to the Drugs Controller General of India (DGCI), as well as the sponsor and...
More »Virbhadra’s big fat LIC policies -Rohan Dua
-The Times of India SHIMLA: Former Himachal Pradesh chief minister Virbhadra Singh's interest in buying LIC policies bear an interesting pattern over the past 10 years. These policies are at the heart of a controversy with allegations of money laundering levelled against him by the BJP. Before the 2009 Lok Sabha polls, the 78-year-old state Congress chief had only two LIC policies for himself, each with a premium barely one-hundredth of that...
More »Rural India Spending High Amount on Protein Food: Crisil
-Outlook Rising income levels in rural areas have led to an unprecedented demand for protein-based food items, leading to sustained pressure in headline inflation, says a Crisil report. "Rising incomes in rural areas are fuelling greater spends on protein products such as milk, eggs and meat in the hinterland. Overall spending in the country on protein food doubled to Rs 2 lakh crore in 2009-10 from 2004-05. Two-thirds, or Rs 1.33 trillion,...
More »Rising incomes fuel rural spending on proteins
-The Times of India Rural India is spending more on protein products such as milk, eggs and meat due to rising income as overall spending by Indians on protein foods doubled to Rs 2 lakh crore in 2009-10 from 2004-05, a study showed on Monday. The study by ratings agency Crisil said that two-thirds of this spending came from rural households. But while more rural Indians are getting protein in their diets,...
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