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Can Centralized Regulation Help Drug Quality? - Tauseef Shahidi

Livemint Recent deaths in Gambia, Uzbekistan and the US, allegedly caused by toxic drugs made in India, has the Centre reportedly Planning to centralize drug regulation. How effective will this measure be? The Central Drugs Standard Control Organization (CDSCO) is the apex regulatory body. Each state has its own regulator. The state regulators look after licencing and audit manufacturing facilities while CDSCO is responsible for approving new drugs, imports of devices, clinical...

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How will Indian Cities Fare if a Turkey-like Earthquake Strikes the Subcontinent?

On 6 February, 2023 Southern Turkey and the adjoining areas in Syria were hit by a 7.8 magnitude earthquake followed by several aftershocks. The tremors have flattened buildings and destroyed roads and other infrastructure. At least 35,000 casualties (UPDATE) have occurred across Turkey and Syria, with the vast majority being in the former nation. A news report cited the Turkish environment minister saying that 24,921 buildings across the region had collapsed. What...

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Banks eye Rural loan growth to push credit-deposit ratio - Mihir Mishra, Shayan Ghosh

Mint India’s rural borrowers and small businesses owners may have easier access to credit with public sector banks (PSBs) Planning to increase financing to these segments, after the Union finance ministry urged lenders to improve their credit-deposit ratio. The C-D ration indicates how much of a banks' deposit base is being utilized for extending loans. The development may help expedite the revival of the rural economy, which is struggling to reach pre-covid...

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Number Theory: Four key questions that will matter for the economy in 2023 -Pavitra Kanagaraj and Abhishek Jha

-Hindustan Times As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global? As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global? Here are four questions whose answers hold the key. Will the war in Europe end? Russia’s invasion of Ukraine in February 2022, the sweeping western sanctions against Moscow, and the supply chain...

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Fish farming turns lucrative for Chhattisgarh women, supports rural economy -R Krishna Das

-Business Standard 'We wanted to do some work to make ourselves financially strong, but due to lack of guidance, things could not materialise Raipur: Pramina never had a notion that fish, which she loves to cook, could be a good source of income for her. In her mid-thirties, the resident of Chervapara village in Baikunthpur development block of Korea district is eyeing the big catch. Overwhelmed with the initial outcome, she and her group...

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