-Economic and Political Weekly Sustained and focused efforts have to be made by the Tamil Nadu state government to provide relief and rehabilitation to the drought affected people of the state. S Rajendran (myrajendran@gmail.com) is with the Department of Economics, Periyar University, Salem, Tamil Nadu. Due to the failure of the north-east monsoon in December 2013, Tamil Nadu is witnessing drought like conditions this year, leading to poor agricultural productivity, rural distress,...
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Modi govt eyes first labour overhaul to create jobs
-Reuters Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs. Successive governments have agreed labour reform is critical to absorb 200 million Indians reaching working age over the next two decades, but fears of an ugly union-led backlash and partisan politics have prevented changes to free...
More »Pharma pricing norms set to be tightened -Sushmi Dey
-The Business Standard Regulator studying pricing models in various nations; draft legislation likely by end of March Pharmaceutical companies might be up for stricter price regulations. The government is planning to bring in a legislation that would take into consideration pricing models across the US, European Union (EU), China and 14 Organisation for Economic Co-operation and Development (OECD) countries. The National Pharmaceutical Pricing Authority (NPPA), which regulates prices of medicines in the market,...
More »Cheap LPG set for Rs. 10 monthly hike after budget -Anupama Airy
-The Hindustan Times The government\'s first budget is likely to signal the new administration\'s intention of reforming India\'s fuel pricing regime with monthly hikes of Rs. 10 per cylinder of cooking gas (LPG). Each household will, however, continue to be entitled to 12 subsidised cylinders a year. Currently, a subsidised LPG cylinder costs Rs. 414 in Delhi while the market price - which consumers pay for any demand beyond the quota -...
More »Long-term deals with cement companies for concrete roads on cards -Dipak Kumar Dash
-The Times of India NEW DELHI: The highways ministry is looking at entering into long-term contracts with cement majors across the country to purchase the construction material at a lower cost and shift to concrete roads, which are seen to be more durable although they cost more than those made using bitumen. Road transport and highways minister Nitin Gadkari - who had announced his support for concrete the day he took...
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