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India needs to curb food wastage to tackle inflation: World Bank

-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...

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World Bank to India: Sell off excess public land in cities by Nauzer K Bharucha

The World Bank has suggested sale of excess public land in Indian cities to fund infrastructure projects. Collaborating with the India Development Foundation and the Public Private Infrastructure Advisory Facility , the World Bank has formed a steering committee headed by Vijay Kelkar, chairman of the 13th finance commission, to formulate a proposal on monetizing excess public land. Earlier this month, the bank's India director Roberto Zagha Patricia Annez met stakeholders,...

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Expert group moots a new national health regulatory authority by Aarti Dhar

A report by an expert group on Universal Health Coverage (UHC) has suggested wide-ranging institutional reforms to regulate the public and the private sectors to ensure assured quality and rational pricing of healthcare services. The group, set up by the Planning Commission to develop a blue print and investment plan to meet the human resource requirements to achieve health for all by 2020, focuses on rational use of drugs. The extensive...

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JSW Bengal faces fresh roadblocks Ishita by Ayan Dutt

Mamata Banerjee’s assurance over land allotment, coal access falls flat. Two weeks after West Bengal Chief Minister Mamata Banerjee assured JSW Steel vice chairman and managing director Sajjan Jindal that all issues will be ironed out, fresh problems, including capping access to coal mines have struck the state’s largest investment. A number of riders are creeping into the terms and conditions set forth in the development agreement that JSW Steel had signed...

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Prescription For Trouble by Arindam Mukherjee

Mulling It Over     100% FDI allowed in pharma sector through automatic route     Seven top Indian firms have been acquired by MNCs in the past six years     Fear of price rise in generic medicines if MNCs control market     Health, commerce ministries want FDI to go through approvals     PMO meeting key ministries next month to take a decision *** Prime Minister Manmohan Singh has always been firm in reminding domestic industry that their fear...

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