-The Telegraph There is no mention of compliance with ‘good manufacturing practices’ or the need to make inspection reports public, leaving the process of regulation vague and dependent on whims of drug inspectors This month, the Union ministry of health published the draft new drugs, medical devices and cosmetics bill to replace the antiquated Drugs and Cosmetics Act, 1940. Yet, most of the draft bill appears to be a copy of the...
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Monkeypox cases in India: UP govt on alert, beds reserved in Covid hospitals
-IndiaToday.in According to sources in the health ministry, surveillance will be increased for people coming in from countries where monkeypox has become prevalent. The Uttar Pradesh government Tuesday ordered the administration to reserve beds for monkeypox in Covid-designated hospitals across the state. Although no monkeypox case has been reported in the state so far. The officials in all hospitals have been asked to adhere to the Centre's guidelines. The decision comes on the day...
More »PM Modi May Decry 'Revdi Culture' – But it Still Runs Our Political Economy -Arun Kumar
-TheWire.in There is little doubt that the practice of handing out freebies undermines both democracy and development. But the problem doesn't lie just with the opposition. Constitutional authorities in India have recently spoken about key challenges the country is facing. The Chief Justice of India (CJI) has said that there is “diminishing” space for the opposition, that there was no longer any mutual respect between the Union government and the opposition, and that...
More »Price pinch: Editorial on the impact of inflation
-The Telegraph The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component...
More »As the rupee touches 80 to the dollar, what does this mean for India’s economy? -Deepanshu Mohan
-Scroll.in Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves. The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation. Looking closely at the numbers it...
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