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Budget steps may not lift rural consumption soon -Ratna Bhushan & Sagar Malviya

-The Economic Times NEW DELHI | MUMBAI: The government's spending in the budget aimed at bolstering rural development and providing higher income for farmers has not increased significantly and it may take at least two quarters to drive growth in the hinterland, consumer goods companies said. More than a third of daily-use branded products are sold in the rural areas, home to about 800 million people, whose purchasing behaviour depends on farm...

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Aadhaar that doesn't exclude -Ashok Kotwal & Bharat Ramaswami

-The Indian Express Biometric authentication by PDS dealers defeats the unique identity scheme’s purpose. An aborted scheme in Madhya Pradesh that relied on once-in-a-year authentication can curb exclusion errors. Aadhaar is in the news today partly because of security concerns and partly because of reports that the poor are unable to receive PDS rations because of failures in Aadhaar authentication. Here, we will focus on the latter with an eye to look...

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Big Data, Large Concerns -Amba Kak & Jason Schultz

-The Indian Express Consent and accountability should be at the core of the new privacy law. The Supreme Court recently affirmed a fundamental right to privacy. The government is now moving to enact a data privacy law, the Justice Shri Krishna Committee has released a comprehensive report and the consultation process is coming to a close. Multiple legal challenges against Aadhaar — many involving citizens’ privacy — are being heard before...

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Cardiac stent price cap lowered further to Rs 28,000 -Rema Nagarajan

-The Times of India The National Pharmaceutical Pricing Authority on Monday revised the price of drug eluting stents (DES) downwards by about Rs 2,300 to just under Rs 28,000, while marginally raising the cap on bare metal stents from Rs 7,400 to Rs 7,660. These caps are excluding GST. With DES accounting for about 95% of all stents used in India, this means most stents will become cheaper. The authority, which had...

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Loan waiver to bonus payments, poll-bound states target farmers -Deep Mukherjee & Milind Ghatwai

-The Indian Express While Rajasthan Chief Minister Vasundhara seeks to recover from the recent disastrous bypoll where the BJP lost two Lok Sabha seats and an assembly seat to the Congress, MP’s three-time CM Shivraj Singh Chouhan aims to mitigate three-time anti-incumbency. From crop loan and land revenue waivers to bonus payments and free crop storage, Rajasthan and Madhya Pradesh announced a slew of sops Monday targeting farmers and rural voters...

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