-The Times of India NEW DELHI: Various drug price regulatory measures by the government helped consumers save Rs 4,988 crore over the last two years, Rajya Sabha was told on Thursday. Following approval of the pharmaceutical pricing policy in 2012, the government has capped prices of essential medicines at least three times since 2013, when the policy was first implemented by the National Pharmaceutical Pricing Authority through the Drugs Price Control Order...
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Rajasthan farmers ditch guar, switch to pulses this time -Mahim Pratap Singh
-The Indian Express The Rajasthan government, too, is providing a subsidy of Rs 2500 per quintal for certified seeds, besides a 50 per cent subsidy on micronutrient and bio-pesticides. Jaipur: Farmers in Rajasthan are looking towards pulses to reap, what seems for now, a double dividend from good southwest monsoon rains as well as remunerative prices. Sowing of kharif pulses — mainly moong, moth and urad — has already been completed in 22.75...
More »25 years of change: Why India’s farm sector needs a new deal -Zia Haq and Gaurav Choudhury
-Hindustan Times New Delhi: In chasing higher and higher GDP growth rates, India tends to gloss over two vital facts. One, farm growth cuts poverty twice as fast as industrial growth. Two, a 1% rise in agricultural output raises industrial production by 0.5% and national income by 0.7%, according to one calculation. In other words, the country’s fortunes are structurally tied to its farmers. Two-thirds of Indians rely on a farm-based income....
More »CAG picks holes in coal auctions -Anupam Chakravartty
-Down to Earth The report highlights that there are inaccuracies and inconsistencies in valuation of auctioned mines In a report tabled in the monsoon session of the Parliament, the Comptroller and Auditor General (CAG) of India states that despite auctions, multiple bids by corporate groups through joint ventures or subsidiaries did not ensure that potential level of competition had been achieved in the first two tranches. The report highlights that there are...
More »How Well Does India Understand Inflation? -Deepanshu Mohan
-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...
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