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Steep drop in number of poor gifts UPA talking point, raises eyebrows

-The Telegraph New Delhi: The Manmohan Singh-led UPA government can finally grab an official statistic to burnish its aam aadmi credentials. The percentage of people living below the poverty line has fallen to 21.9 per cent of the population in 2011-12 from 37.2 per cent in 2004-05 - the year that the Congress-led UPA stormed to power. The percentage of people below the poverty line has been estimated at 25.7 per cent in...

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Amartya Sen: India's dirty fighter-Madeleine Bunting

-The Guardian Half of Indians have no toilet. It's one of many gigantic failures that have prompted Nobel prize-winning academic Amartya Sen to write a devastating critique of India's economic boom The roses are blooming at the window in the immaculately kept gardens of Trinity College, Cambridge and Amartya Sen is comfortably ensconced in a cream armchair facing shelves of his neatly catalogued writings. There are plenty of reasons for satisfaction...

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Drug makers suffer an overdose of control-Bhupesh Bhandari

-The Business Standard The new price caps for 191 essential drugs are likely to introduce serious distortions in the market for these medicines The National Pharmaceutical Pricing Authority, or NPPA, has announced new price caps for 191 essential drugs that are 10 to 50 per cent lower than the current prices. Drug makers have 45 days to recall the earlier batches and send out new ones with the lower price tags. This...

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Air pollution costing economy Rs 3.75L crore a year: world bank -Dipak Kumar Dash

-The Times of India NEW DELHI: Only outdoor air pollution in urban areas claims 1.09 lakh lives of adults, another 7,513 of children below 5 years annually, says a latest report of world bank. The study released on Wednesday revealed that the annual cost of environmental degradation in India is about Rs 3.75 lakh crores, which is equivalent to 5.7% of country's GDP. The study commissioned by the Central government has brought...

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Environmental degradation costing India 5.7% of its GDP: world bank -Madhavi Rajadhyaksha

-The Times of India MUMBAI: At a time when many of India's infrastructural projects are caught in the throes of an environment versus development conundrum, a new report released by the world bank estimates that environmental degradation is costing India around 5.7% of its GDP every year. The report, "Diagnostic Assessment of Select Environmental Challenges in India" is the bank's first national economic assessment of environment-related degradation in India. It analysed the...

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