-The Business Standard The new price caps for 191 essential drugs are likely to introduce serious distortions in the market for these medicines The National Pharmaceutical Pricing Authority, or NPPA, has announced new price caps for 191 essential drugs that are 10 to 50 per cent lower than the current prices. Drug makers have 45 days to recall the earlier batches and send out new ones with the lower price tags. This...
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The chimera of Dalit capitalism -Nissim Mannathukkaren
-The Hindu The recent launch of the first Dalit venture fund occasions an examination of the moral and ethical emptiness of capitalism History shows that where ethics and economics come in conflict, victory is always with economics B.R. Ambedkar If only Milind Kamble, founder of the Dalit Indian Chamber of Commerce and Industry (DICCI) and Chandra Bhan Prasad, Dalit thinker, columnist and DICCI mentor, had imbibed the wisdom of Manning Marable's How Capitalism Underdeveloped...
More »New angle in Nitish Kumar-Narendra Modi fight: Academic brawl takes political hues-Ullekh NP
-The Economic Times NEW DELHI: What happens when academic rivalry spills over into the political arena? A riveting contest ensues, if the one being played out in the run-up to the general elections along with the Narendra Modi-Nitish Kumar showdown is any indication. While the Jagdish Bhagwati-Arvind Panagariya combo - both professors of economics at Columbia University - are packing a fair punch, Nobel Prize-winning economist Amartya Sen is ducking and dodging,...
More »Planning Commission estimates show sharp fall in poverty rate-Sanjeeb Mukherjee
-The Business Standard Peg decline at 7.8 percentage points between 2009-10 and 2011-12 The poverty rate has declined by 7.8 percentage points in two years, according to the latest estimates by the Planning Commission. If 29.8 per cent of the population was poor in 2009-10, the figure came down to 22 per cent in 2011-12. The estimates are based on the recently-released report by the National Sample Survey Office (NSSO) for 2011-12. This...
More »India's food security bill: an inadequate remedy?-Ravi S Jha
-The Guardian A landmark bill to make the right to food a legal entitlement is mired in controversy over its failure to address a flawed public food distribution system, misplaced priorities and exclusions India has an over abundance of food grains stocked in warehouses, yet millions of India's poor are left without food. Development practitioners and NGOs are in favour of disbanding the current food security system, the public distribution system (PDS),...
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