Multigrain noodles that claim to be healthier than the regular variety, digestive biscuits that help weight loss and drinks that make champions out of little children — cracking down on such advertisements, the Food Safety and Standards Authority of India (FSSAI) has sent notices to the manufacturers asking them to justify the claims with appropriate evidence or face action for violating the advertising code for food items and supplements. Among those...
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Rainy Days by Arti Sharma
Central pension plan NPS finally gets a boost The ‘New’ NPS Measure: Improve incentives for distributors. Has been recently implemented. Impact: Was required. But won’t be enough, need consumer education to build volumes. Proposal: Increase fund management fees with an option to lower later. Impact: Under consideration. But finance ministry unhappy with increase in costs. Proposal: Relax the norms to appoint more fund managers to increase distribution. Impact: Unlikely. At...
More »Banishing darkness from Indian villages by Shailaja Sharma
Eureka Forbes, known for its water purifiers, is now out to banish darkness from Indian villages with its solar lighting products. Its Eurodiya brand of solar bulbs are made with US-based Nokero (short for ‘no kerosene’) that makes affordable solar bulbs, panels and chargers for communities that have no access to electricity. Over 85,000 villages (or 63% of rural India) are without electricity. Eurodiya is expected to be an alternative to...
More »How to usher in vaccinnovation in India by MK Bhan
-The Economic Times Vaccines are a true gift of science to humanity. In developing countries, prevention is better than cure. Vaccines have a great track record of safety and efficacy and they are amongst the most cost-effective products, which even the poor have access to due to effective systems of procurement and delivery. India's contribution in the vaccine arena is noteworthy. The primary reason behind the country's vaccine success story is...
More »Unpalatable truths by TK Rakalakshmi
The hunger and malnutrition situation in the country has shown marginal improvement, according to the HUNGaMA report. ONE area that has always bothered policymakers in a growth-obsessed economy is the state of the social sector, in particular figures indicating the numbers of people going hungry or are homeless and children who are out of school, the poor nutritional status of women and children, and the high infant and maternal mortality rates....
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