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Artificially created distress -Utsa Patnaik

-The Hindu To prevent further damage to the economy and to relieve distress, demonetisation should be revoked immediately Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value of the currency notes in circulation with the public. A prior large increase of lower denomination notes should have been ensured through banks and ATMs, so that overall money...

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Nandan Nilekani, Infosys co-founder and one of the brains behind the Unified Payments Interface, interviewed by Anirban Sen (Livemint)

-Livemint.com Nandan Nilekani, one of the brains behind the Unified Payments Interface, on the near-term challenges of going cashless While the government’s decision to scrap Rs500 and Rs1,000 bank notes has been met with resistance from some quarters and been called too abrupt, Infosys co-founder Nandan Nilekani backed it, saying it was needed to speed up the move to a cashless economy. “There is no question that this is a very bold...

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Data shows success of TB treatment in India is lower than government figures -Shreya Shah

-IndiaSpend Only 73% of one kind of TB cases registered for treatment were successfully treated, than the government-reported 84% success rate Only 73% of one kind of tuberculosis (TB) cases registered for treatment were successfully treated, much lower than the government-reported 84% success rate, according to a new study published in the United States and United Kingdom-based health journal Plos Medicine. Untreated or partially-treated TB patients may infect others, at least partially nullifying...

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Poor sanitation cost India 5.2% of its GDP -Sushmita Sengupta

-Down to Earth Lack of access to sanitation wiped off US $106.7 billion from India's GDP in 2015. It is almost half of the total global losses A report—True cost of sanitation—was published jointly by the LIXIL Group Corporation, Water Aid and Oxford Economics recently. Oxford Economics mainly works on economic forecasting and modelling. It says that in 2015 lack of access to sanitation cost the global economy around US $ 222.9...

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A disaster in the making -A Rangarajan

-Frontline Medecins Sans Frontieres warns that the free or regional trade agreements that are being negotiated, which seek to strengthen current patent regimes, are a potential threat to the developing world’s access to life-saving drugs, which it sources mostly from India. WHEN NELSON MANDELA’S GOVERNMENT passed the Medicines and Related Substances Control Act in 1997 to make medicines more accessible to the poor, 39 big pharmaceutical companies filed law suits in...

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