-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...
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New drug prices get SC booster dose
-The Telegraph New Delhi: The Supreme Court today ruled that once the government reduces the prices of essential drugs, the new rates would come into immediate effect and companies cannot continue selling at earlier prices. A bench of Justices R.M. Lodha and Kurien Joseph rejected the arguments of multinational giant GlaxoSmithKline Pharma that companies are entitled to sell drugs at old rates for 15 days to dispose off stocks. According to the bench,...
More »Doubts on fortified midday-meal salt -GS Mudur
-The Telegraph New Delhi: An Indian government laboratory released a formulation of salt fortified with iodine and iron for mass consumption, calling it a tool to combat anaemia and iodine deficiency, without adequate and rigorous evidence to show that it increases blood haemoglobin levels, scientists have said. The National Institute of Nutrition (NIN), Hyderabad, has shared the formulation and production technology for its double fortified salt (DFS) with seven salt-producing companies, some...
More »80% of medicines not covered by price control order -Rema Nagarajan
-The Times of India About 38 million people in India (which is more than Canada's population) fall below the poverty line every year due to healthcare expenses, of which 70% is on purchase of drugs. Yet, the much-awaited drug price control order (DPCO) 2013, meant to control the price of medicines does not cover over 80% of the medicines in the market. Many drugs crucial for India's disease profile have been...
More »5-kg LPG cylinder to be sold beyond metros-Sujay Mehdudia
-The Hindu Petroleum Ministry targets BPO, IT professionals and migratory population Seeking to target the new emerging segment of consumers such as IT professionals, BPO employees, migratory population and students who want LPG cylinder for their use but unable to provide proper proof of address (POA), the Petroleum Ministry has decided to focus on the sale of non-subsidised 5 kg LPG cylinders from petrol pumps beyond metro cities and extend it to...
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