-The Hindustan Times At a time when global political and business leaders are discussing at the World Economic Forum in Davos ways to be more socially responsible and reduce social divide, a report says most Indian businesses lag behind in fulfilling their corporate social responsibility (CSR). According to the report published by German development aid agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GiZ) in collaboration with the Indian Institute of Corporate Affairs...
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Govt may negotiate price of drugs before market entry -Sushmi Dey
-The Times of India NEW DELHI: The government may negotiate prices of patented medicines with their manufacturers before allowing pharmaceutical companies to launch them in India. The move, a first of its kind, is also likely to be applied on patented drugs that are already being sold in the country, an official source said. An inter-ministerial committee, evaluating the mechanism to negotiate prices of patented medicines, has recently sought detailed information about...
More »Hudhud, Kashmir flooding 2014’s costliest catastrophes, says report -Rajat Ghai
-Down to Earth While Hudhud caused $11 billion worth of damages, the flooding in the Indian and Pakistani portions of Kashmir was worth $18 billion The floods in Jammu and Kashmir and Cyclone Hudhud in Peninsular India were the costliest natural disasters of 2014, a new report has said. According to the ‘Annual Global Climate and Catastrophe Report' by leading global reinsurance intermediary and full-service capital advisor, Aon Benfield, while Hudhud caused $11...
More »Govt data on inequality misleading
-The Times of India NEW DELHI: Inequality in South Asia is much more glaring than what government data shows because standard yardsticks of measuring income don't reveal the true picture, says a World Bank report 'Addressing Inequality in South Asia', released on Tuesday. For instance, the Gini coefficient - the standard measure to gauge income inequality - ranges from 0.28 to 0.40 in this region, suggesting a level of inequality much lower...
More »India’s two-speed demography -Prachi Priya & Anuj Agarwal
-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...
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