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CAG slams Modi regime for financial irregularities by Manas Dasgupta

The Comptroller and Auditor-General has slammed the Narendra Modi government for financial irregularities, particularly for mismanagement of public sector undertakings, resulting in losses of over Rs. 16,000 crore. It has come down heavily on the state-owned Gujarat State Petroleum Corporation (GSPC) for extending “undue benefits” to the Chief Minister's “favoured few,” mainly Adani Energy and Essar Steel companies, which coupled with its poor management and faulty agreements on exploration of oil...

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‘Cancer killed 5.56 lakh in India in 2010’-R Prasad

Tobacco-related cancers and cervical cancers caused most cancer deaths Cancer killed 5,56,400 people across the country in 2010. The 30-69 age group accounted for 71 per cent (3,95,400) of the deaths. In 2010, cancer alone accounted for 8 per cent of the 2.5 million total male deaths and 12 per cent of the 16 million total female deaths in this age group. These are some of the findings of a paper published...

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Tobacco-related cancers, cervical cancer cause most deaths in India by R Prasad

A new study looking at cancer mortality in 2010 in India found a high 71 per cent (3,95,400) deaths in people between 30 and 69 years. Cancer accounted for 8 per cent of the 2·5 million total male deaths and 12 per cent of the 1·6 million total female deaths in the same age group. The high mortality rate during the middle age is very different from the developed countries,...

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Pranab vetoes extra food subsidy to states-Ravish Tiwari

In the first example of his intention to take “difficult decisions” to contain the ballooning subsidy burden to control the fiscal deficit, Finance Minister Pranab Mukherjee on Monday denied permission to food minister KV Thomas for about 26.5 million tonnes of additional food grain allocation to states at subsidised rates over the normal allocation that would have cost the exchequer Rs 32,794 crore of food subsidy.   “It will have to be...

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A Strike against Pharma MNCs

-Economic and Political Weekly The compulsory licence for Nexavar is only the beginning of a new battle over drug prices. The grant of a compulsory licence (CL) to Natco Pharma, a relatively small Indian pharmaceutical company, to manufacture and sell the cancer drug sorafenib (Nexavar) has been rightly hailed as a major step forward for public health and the wider availability of life saving medicines.   The German pharmaceutical company Bayer holds the patent...

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