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Arvind Subramanian, Chief Economic Advisor, interviewed by Business Standard

-Business Standard Indian economy is closely integrated with the global economy, which is facing a slowdown, and so the headwinds are difficult to avoid, Chief Economic Advisor Arvind Subramanian told journalists in an interaction after presenting the Economic Survey 2015-16. In this uncertain environment, monetary and fiscal policies should aim to purchase insurance, so to speak, against the global slowdown, he said. Edited excerpts: * In the backdrop of a global slowdown,...

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Drug pricing: a bitter pill to swallow -Feroze Varun Gandhi

-The Hindu Medicines remain overpriced and unaffordable in India. In a country mired in poverty, medical debt remains the second biggest factor for keeping millions in poverty. The international pharmaceutical industry has found its cash cow in India’s beleaguered consumers. With a minimum wage of Rs.250/day for a government worker, a basic wage worker afflicted with a chronic disease like multi-drug-resistant tuberculosis faces penury. His treatment, with drug combinations, which works out...

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India sees rise in communal violence, UP leads states -Bharti Jain

-The Times of India NEW DELHI: Communal violence witnessed a rise in 2015, with 751 incidents recorded across the country as against 644 in 2014. According to data put out by the government in reply to a Lok Sabha question on Wednesday, there was also a rise in casualties resulting from communal unrest last year, with dead and injured up at 97 and 2,264 from 95 and 1,921 respectively in 2014. Incidentally,...

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Radha Mohan Singh, Union Minister for Agriculture and Farmers’ Welfare, interviewed by Purnima S Tripathi

-Frontline.in Even though the country is in the grip of an unprecedented agrarian crisis and many parts are experiencing severe drought conditions, Union Agriculture and Farmers’ Welfare Minister Radha Mohan Singh says there is nothing to worry. “The government is fully geared to meet the challenges. All precautionary measures have been taken to help farmers deal with the crisis. They need not fear anything,” he said in a telephonic interview from...

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SC bins intelligence audit plea

-The Telegraph New Delhi: The Supreme Court today cited a possible dent in national security to dismiss a public interest plea that had sought a directive to ensure that the accounts of the country's premier intelligence agencies were audited to make them accountable to Parliament. "We feel a judicial order to audit the agencies will create a dent in our functioning and security. This would lead to a dangerous situation," a bench headed by...

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