New drug pricing policy proposes bringing all essential medicines under price control, but makes them expensive After years of dilly-dallying and several Supreme Court reminders, the Centre has proposed to bring all essential drugs under price control. But the policy is nothing but hogwash. Its pricing mechanism would make essential medicines out of reach for most people. Public health experts have termed the draft National Pharmaceutical Pricing Policy of 2011 a...

-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...

Degraded soils, depleting groundwater, and chemical pesticides are playing havoc, placing agriculture in terrible distress. I haven’t forgotten that night. Sitting with a group of farmers in a village in Ludhiana district in Punjab, at the height of the Green Revolution, a farmer showed me a bag of fertiliser that he brought from the market. “Why are you showing me this bag”, I asked. “Wait”, he said, and began to open the...

-PTI   India should move on to make nuclear energy as safe as possible by taking lessons from the recent Fukushima accident but its imperative to replace the old-era Land Acquisition Act with a more balanced one, to address the country's present huge infrastructure and energy needs, former Atomic Energy Commission Chairman M R Srinivasan said here. Stating that the resettlement was equally significant in any infrastructure project, he said India's record of...

Breakthroughs in the production and productivity of wheat and rice in the sixties and of cotton recently have been much appreciated, but similar advances in maize have gone largely unnoticed and unsung. Maize output has soared in the past 10 years from a mere 12 million tonnes in 2000-01 to over 21 million tonnes in 2010-11. This increase can largely be attributed to a surge in crop productivity rather than...