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Health ministry pushes for end to sale of branded drugs -Kounteya Sinha

-The Times of India Medicines in India may not be sold under brand names in the near future. In its biggest move to push generic drugs and do away with brand names, the Union health ministry has ordered states to stop issuing licence for the manufacture or sale of drugs on the basis of their brand name. All pharmaceutical firms applying for licence to market or manufacture fixed dose combination (FDC) drugs will...

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For richer, for poorer-Zanny Minton Beddoes

-The Economist Growing inequality is one of the biggest social, economic and political challenges of our time. But it is not inevitable, says Zanny Minton Beddoes IN 1889, AT the height of America’s first Gilded Age, George Vanderbilt II, grandson of the original railway magnate, set out to build a country estate in the Blue Ridge mountains of North Carolina. He hired the most prominent architect of the time, toured the chateaux...

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True Progressivism

-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....

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SC: Personal info of babus can’t be sought under RTI -Bhadra Sinha

-The Hindustan Times In a ruling that would be music to the ears of babus, the Supreme Court (SC) has held that a government officer’s personal details such as income-tax (I-T) returns cannot be divulged in response to a query under the Right to Information Act (RTI) unless a larger public interest was involved. Disclosure of such information would amount to unwarranted invasion of an officer’s privacy, it said. “The performance of...

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I-T department searches GMR offices in three cities

-The Times of India The Income Tax department on Thursday carried out searches on the offices of infrastructure major GMR, which has developed the Delhi international airport among several other large projects. Officials said searches were undertaken across several GMR offices in Delhi, Bangalore and Hyderabad on suspicion that the company had not disclosed all financial information. The operations were underway till late in the evening but details were sketchy. The order...

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