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Mala Fide Decision on Drug Prices

-Economic and Political Weekly   The decision to reduce the powers of the drug pricing body goes against the interest of public health. The decision of the Government of India to withdraw the power of the National Pharmaceutical Pricing Authority (NPPA) to set price controls on drugs that are not on the National List of Essential Medicines (NLEM) raises questions on the Narendra Modi regime's commitment to people's welfare. One must ask if...

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GM Crops and Global Agri Trade -Sukhpal Singh

-Economic and Political Weekly The cultivation of geneticallymodified crops, especially food crops, is not just a domestic issue; it has an impact on global food trade as well. Sukhpal Singh (sukhpal@iimahd.ernet.in) is at the Centre for Management in Agriculture, IIM, Ahmedabad. There is no doubt that the application of biotechnology can lead to yield improvement, cost cutting and lower crop losses, besides providing more processable raw materials and designer products. That is why...

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WPI inflation hits 5-year low of 2.38% on cheaper food prices

-The Hindustan Times India's wholesale inflation rate plunged to 2.38% in September, the lowest in five years, aided by a sharp drop in vegetable and petrol prices, data released on Tuesday showed, rekindling hopes that the Reserve Bank of India (RBI) will cut interest rates soon. The more than one percentage point drop in wholesale inflation rates over August's 3.74% should bring cheer to the NDA government, which rode to a landslide...

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New hepatitis cure far too costly -Martin Khor

-Asia News Network A controversy is brewing over a new cure for hepatitis C because it is extremely expensive and patients in middle-income countries like Malaysia will find it way beyond their budget. There are an estimated 400,000 Malaysians with hepatitis C, but this is probably a significant under-estimate since many people are not aware that they have the virus. Worldwide, 170 million people live with the hepatitis C virus (HCV), and every...

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Good harvests, abundant inventory continue to drive international food prices down – UN

-United Nations Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of the biannual Food Outlook report released today by the United Nations Food and Agriculture Organization (FAO). According to a statement released by the Rome-based FAO, bumper harvests and abundant stockpiles are key factors helping drive down international food prices. World wheat production in 2014...

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