-The Times of India NEW DELHI: Information and broadcasting (I&B) ministry has sought the views of regulator Trai and Press Council of India (PCI) on an increase the cap on FDI in media. This was described as a consultation process by ministry sources who said that nothing was being changed right now. Earlier, a committee headed by economic affairs secretary Arvind Mayaram had recommended an increase in the FDI limit in print...
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Paying the price-Ramya Kannan
-The Hindu The much-awaited Drug (Prices Control) Order 2013 has disappointed millions of patients, as it lacks a fair formula to fix the price ceiling and leaves important drug classes out of regulation. The result: High out-of-pocket spending on medicines will continue As far as intentions go, the Drug (Prices Control) Order 2013 is aimed at making critical drugs affordable and available to the public, while preserving a rationale for manufacture by...
More »Rains, incomes & food: Good monsoon this year is bad news for India -Himangshu Watts
-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...
More »The modest food security Bill-Jean Drèze
-The Business Standard The right to food is finally becoming a lively political issue in India. Aware of the forthcoming general elections, parties are competing to demonstrate - or at least proclaim - their commitment to food security. In a country where endemic undernutrition has been accepted for too long as natural, this is a breakthrough of sorts. The food security Bill is a modest initiative. It consolidates various food-related programmes and...
More »Gujarat seeks cut in tariffs for solar power plants -Mitul Thakkar
-The Economic Times NEW DELHI: Narendra Modi's Gujarat government, lauded by India Inc for being business friendly, has stumped industry as it seeks to back out of the high tariffs contracted for nearly 1,000 MW of solar plants of the Tatas, GMR, Adani, Bollywood star Ajay Devgn, Lanco and others. Industry leaders said the move was shocking as it raised issues about the consistency of the state's policy, but the business-savvy Gujarat...
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