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Expired pill: Editorial on new drugs and cosmetics bill

-The Telegraph There is no mention of compliance with ‘good manufacturing practices’ or the need to make inspection reports public, leaving the process of regulation vague and dependent on whims of drug inspectors This month, the Union ministry of health published the draft new drugs, medical devices and cosmetics bill to replace the antiquated Drugs and Cosmetics Act, 1940. Yet, most of the draft bill appears to be a copy of the...

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Lakshadweep to continue meat products in school mid-day meal after SC order

-MaktoobMedia.com The Union Territory (UT) administration of Lakshadweep has directed the school authorities to comply with a recent Supreme Court order, lifting the ban on chicken and other meat products from their mid-day meals. The Directorate of Education on Friday issued an order asking the “school principals of all islands and Headmaster Bitra” to comply with the top court order dated 02 May. The apex court directs the administration to continue serving the...

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State Bank of India Writes Off Rs1.45 Lakh Crore Bad Loans of Big Defaulters since FY14; Refuses To Share Names -Yogesh Sapkale

-Moneylife.in State Bank of India (SBI) has again refused to share the names of borrowers who owe Rs100 crore or more, even with its shareholder. Over the past nine years, from FY13-14 up to FY21-22, SBI has written off bad loans of over Rs145,248 crore of big defaulters, while recovering just over 13% from them.   SBI told social activist and shareholder Vivek Velankar, "The Bank is under statutory and regulatory obligations to...

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Citizens dying of hunger, says Supreme Court -R Balaji

-The Telegraph SC asks Centre and states to reach out to farmers and migrants who form the country’s backbone The Supreme Court on Thursday said no person should die of hunger “but that is happening, citizens are dying of hunger,” asking the Centre and the states to reach out to farmers and migrants who form the country’s backbone. “In a welfare society, in our country, two persons are most important — farmers and...

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Traders to hold nationwide protest against hike in taxes

-The Telegraph PM Modi’s Gabbar Singh Tax is the best example of his modus operandi — talk big, and when it’s time to act, make things worse: Congress Traders and shopkeepers will hold a nationwide protest next week against a hike in taxes on a range of products, including food grains and household items, and services that kicked in from Monday. “The 5 per cent goods and services tax on a range of...

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