-The Hindustan Times In a significant order on Tuesday, the Delhi High Court unblocked Rs 1.87 crore received by NGO Greenpeace from its Amsterdam headquarters. The NGO had filed a case after the ministry of home affairs in June last year directed the Reserve Bank of India to take prior permission of the ministry before clearing any foreign aid to the NGO from Greenpeace International and Climate Works. Saying that there is...
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Govt may negotiate price of drugs before market entry -Sushmi Dey
-The Times of India NEW DELHI: The government may negotiate prices of patented medicines with their manufacturers before allowing pharmaceutical companies to launch them in India. The move, a first of its kind, is also likely to be applied on patented drugs that are already being sold in the country, an official source said. An inter-ministerial committee, evaluating the mechanism to negotiate prices of patented medicines, has recently sought detailed information about...
More »For the farmers
-The Indian Express The Centre is reportedly considering decontrol of urea over a period of three years, at the end of which retail prices would be totally market-determined, with farmers getting a fixed per-bag subsidy to be credited directly to their bank accounts. If this happens, it will probably be the most politically challenging economic reform the Narendra Modi government undertakes. Given the crash in global oil prices, decontrol of diesel...
More »India to beef up defence against US chicken legs -Amiti Sen
-The Hindu Business Line Commerce Ministry asks poultry breeders to assess risk on fresh health concerns New Delhi: India is preparing a second line of defence to protect its domestic poultry industry against competition from cheap chicken leg imports from the US. With the World Trade Organisation recently ruling against India's ban on chicken import from the US on the grounds that it would lead to spread of bird flu, the Commerce Ministry...
More »After petrol and diesel, Modi government may deregulate urea -Harish Damodaran
-The Indian Express After petrol and diesel, the Narendra Modi government is looking next to deregulate urea. In the works is a three-year plan to decontrol the maximum retail price (MRP) of this fertiliser - currently fixed at Rs 5,360 a tonne or Rs 268 per 50-kg bag - alongside permitting duty-free imports sans any canalisation or restrictions, and credit the subsidy directly into the bank accounts of farmers. Urea imports now...
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