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ICMR ready to offer Covaxin know-how to other firms -Monika Yadav

-The Hindu Business Line It’s only an open-ended deal with co-developer Bharat Biotech, says top source The Indian Council of Medical Research (ICMR) is willing to share the know-how to produce the indigenously-developed Covid-19 vaccine, Covaxin, with any company as the contract with co-developer Bharat Biotech is not close-ended. Currently, Bharat Biotech has the sole licence to manufacture Covaxin, which it developed in collaboration with scientists from ICMR’s Pune-based National Institute of Virology...

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Maternity entitlements are neglected in states like Jharkhand, M.P. and U.P., reveals JABS survey (2019)

The National Food Security Act 2013 guarantees maternity benefit to the tune of Rs. 6,000/- per child by the Central Government for pregnant women and lactating mothers, barring those who are already availing such benefits while being in regular employment with the Central Government or State Governments or Public Sector Undertakings or under other laws. The NFSA 2013 also legally guarantees free meals for every pregnant woman and lactating mother...

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Modi’s India proves that liberal economics can happily coexist with political illiberalism -Indrajit Roy

-Scroll.in Going against conventional wisdom, the Indian middle class is not a source of liberalism. A profound contradiction lies at the heart of contemporary India’s political economy. On the one hand, it embraces economic liberalism. In September 2020, it legislated laws aimed at liberalising agriculture from state-guaranteed protections. The recent budget, passed in February, was high on promises of accelerating divestment of Public Sector Undertakings. On the other hand, however, this enthusiasm...

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Privatisation of PSU banks: Govt to bring amendments to two legislations

-Livemint.com/ PTI Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks To facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year. Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said. These Acts...

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MSME sector is on the verge of collapse, says Nitin Gadkari

-PTI/ The Hindu Business Line Union Minister Nitin Gadkari on Thursday said that micro, small and medium enterprises (MSME) sector is on the verge of collapse, and urged major industries to release the outstanding dues to such companies within a month. He said that the position of MSMEs was the “worst” as they were now engaged in a “battle for their survival”. The Minister also noted that the pendency of dues owed...

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