New drug pricing policy proposes bringing all essential medicines under price control, but makes them expensive After years of dilly-dallying and several Supreme Court reminders, the Centre has proposed to bring all essential drugs under price control. But the policy is nothing but hogwash. Its pricing mechanism would make essential medicines out of reach for most people. Public health experts have termed the draft National Pharmaceutical Pricing Policy of 2011 a...
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Mayawati trashes MNREGA scam charges, calls Rahul's concern for weavers politically motivated by Ashish Tripathi
Rebutting union rural development minister's allegation of corruption in implementation of MNREGA in UP, chief minister Mayawati on Saturday said that the accusations are politically motivated and misleading. As per the evaluation of MNERAGA cell of the union government, UP has been among the best performing states in last four but all of sudden the corruption charges have cropped up, she said, which shows that there is more politics than genuine...
More »Rein in drug prices, SC tells govt
-The Telegraph The Supreme Court today asked the Centre to ensure that drug prices go down, not up, if and when a new price control policy comes into force. “Prices may go down but should not go up because of policy,” Justice S.J. Mukhopadhyay, sitting alongside senior judge G.S. Singhvi, said. “Bring it down, don’t escalate it in the name of policy,” the bench told additional solicitor-general Parag Tripathi, who was speaking...
More »PDS in peril by R Ramakumar
The promotion of the PDS as an Aadhaar application would fundamentally alter its form and character. NO scheme of the Indian government would be transformed more fundamentally by Aadhaar than the public distribution system (PDS). The nature of this transformation appears to be taking the form of a virtual dismantling of the PDS; even if a skeletal fair price shop (FPS, or ration shop) system continues to exist, it is likely...
More »Banks should lead the war on poverty by MS Swaminathan
At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
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