-The Times of India NEW DELHI: India runs the risk of a severe shortage of medicines because of its over dependence on China for sourcing raw material for drugs, national security adviser (NSA) Ajit Doval has warned, TOI has learnt. According to the NSA, India should take immediate concrete steps to create adequate infrastructure to become self-sufficient for manufacturing medicines which are essential in nature. "The national security adviser had highlighted concerns related...
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Rs 83,000 crore revenue lost on SEZs in 6 years -Pradeep Thakur
-The Times of India NEW DELHI: More than 50% of land allotted to special economic zones (SEZs) across the country remains idle, and its very purpose was defeated with no significant increase in employment even as the government's revenue foregone was to the tune of Rs 83,000 crore between 2007 and 2013, the comptroller and auditor general (CAG) has found. Exposing systemic weaknesses in tax administration, a performance audit on SEZs by...
More »Billing for wallet shock -Digbijay Mishra
-Business Standard Indian and other generic drug firms face prospect of US legislature debating compensation for undue price rises Indian generic drug makers might, if a proposed US law comes about, need to pay a rebate to the federal Medicaid programme there when prices of their medications outpace inflation. A Bill is to be introduced in the US Senate by a member, aimed to cushion the impact on taxpayers in this manner...
More »Industrialisation, urbanisation killing elephants in Odisha -Chinmaya Dehury
-IANS Bhubaneswar: The status of "National Heritage Animal" to elephants has done little to save them, and at least 427 jumbos have perished in the last seven years in Odisha. Though the state claims it has taken steps to protect the animal, experts say industrialisation and urbanisation are the main reasons for elephant deaths. Elephants are continuously barging into human habitations, triggering a conflict. At least 23 people and 26 elephants have died...
More »LPG subsidy may soon go for the rich, Arun Jaitley says
-The Times of India NEW DELHI: If you are economically well off, you may soon have to pay full market price for your cooking gas refills. "The next important decision India will have to take is whether people like me ... (are) entitled to get our LPG (liquefied cooking gas) subsidy," finance minister Arun Jaitley said here on Friday. "I think the sooner we are able to take these decisions as to who...
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