-The Times of India India's space agency Isro bent rules for private firm Devas to sign a deal for multimedia services, projecting a paltry Rs 1,120 crore revenue over a 12-year period that would not even have covered the cost of launching two satellites for the promised service, the Comptroller and Auditor General (CAG) has said. In a report submitted to Parliament on Tuesday, the official auditor gave the Prime Minister's Office...
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The rot’s now setting in
-The Hindustan Times The government stocks a fifth of its grain out in the open, left to be washed by the monsoon. As the UPA’s most ambitious welfare programme — food security for poor Indians — is unrolled, more grain will be collected and allowed to rot unless warehouses are built to stock an additional 35 million tonnes beyond the 110 million tonnes of storage we already have, the Planning Commission...
More »India Serves Up Costly Cocktail of Vaccines by Ranjit Devraj
Ignoring widespread concern over the safety, efficacy and cost of pentavalent vaccines, India’s central health ministry has, this month, approved inclusion of the prophylactic cocktail in the universal immunisation programme in seven of its provinces. Pentavalent vaccine doses, a cocktail of five antigens in a single shot, confers immunity against five paediatric diseases - diphtheria, pertussis, tetanus, hepatitis B and haemophilus influenza type b (Hib), with the last one considered particularly...
More »Govt mulls new norms, tax sops to revive SEZ boom-Siddharth
NEW DELHI: It could be a second innings for special economic zones, especially those held up for years, with the commerce department proposing fresh tax concessions and a cut in the minimum area requirement to a quarter of the present specifications. The department has suggested that any zone that is not built around the identified 40 million-plus cities and state capitals would be eligible for duty benefits on capital investment for...
More »A big step forward-CP Chandrasekhar
That this is the first time a compulsory licence has been granted in India is in itself important. INDIA'S long struggle to ensure access to affordable medicines for its people recently took a positive and interesting turn. In early March, just before he demitted office, Controller General of Patents P.H. Kurian passed an order on an application filed by Natco Pharma, headquartered in Hyderabad, requesting a licence to produce an anti-cancer...
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