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Nabard to ensure fast funds to states battling storage crisis

-The Economic Times KOLKATA: Eastern and North Eastern states, which grapple with acute storage deficit, will get a priority in fund allocation for setting up warehouses, National Bank for Agriculture and Rural Development (Nabard ) said. States with food deficits like Jammu and Kashmir will also receive a priority treatment. The government has directed Nabard to treat these states favourably to cut farm losses amid implementation of the world's biggest population feeding...

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CBI registers PE into Khemka’s report on seed prices

-The Indian Express Nearly six months after Haryana IAS officer Ashok Khemka highlighted the alleged irregularities in the supply of wheat seeds to Haryana Seed Development Corporation (HSDC) by NAFED and NCCF, the CBI has registered a preliminary enquiry into the complaint. Khemka, during his stint as the Managing Director of HSDC between July 18, 2012 and March 4, 2013, had given a report to the CBI seeking registration of a case...

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Planning Commission finalises PPP tribunal bill draft -Yogima Seth Sharma

-The Economic Times NEW DELHI: Four months after the proposal was first mooted, the Planning Commission has finalised the draft of a bill that seeks to set up a tribunal to resolve disputes arising in public-private partnership (PPP) projects. The commission presented the draft of the dispute resolution bill to the Prime Minister's Office last week, a senior official at the commission told ET. "We have sent the final draft to the PM...

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Middle class poised to play greater role in 2014 elections: Zoya Hassan

-The Hindustan Times In recent years, there has been a constant stream of international attention given to the Indian middle class. Thanks to the expansion of this class, India's image has dramatically changed since the 1990s. Instead of the narrative about grinding poverty, India is now seen as the heart of new capitalism that is associated with high rates of growth as well as the consumerist elite and middle classes. The...

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New drug policy forces many pharmacies to shut shop -Raji Reddy Kesireddy

-The Economic Times HYDERABAD: Numerous pharmacies - especially those operating on rented space - are shutting down across the country, hurt by a sharp decline in margins after the introduction of a new pricing policy for medicines and intense competition from bigger players. The new Drug Price Control Order (DPCO), which was notified on May 15, has made the prices of some 150 drugs fall steeply. Under this, companies and retailers are...

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