-Scroll.in The Economic Survey stated that long term benefits of the exercise are yet to materialise. It is now over nine months since the government suddenly withdraw 86% of India’s currency in November but India’s Chief Economic Advisor Arvind Subramanian remains unsure if this note ban or demonetisation actually helped any sector of the Indian economy, the latest volume of Economic Survey tabled in Parliament on Friday suggests. The Chief Economic Advisor...
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Import talk halts onion price surge -Rahul Wadke and Vishwanath Kulkarni
-The Hindu Business Line Mumbai/ Bengaluru: As talk of onion imports gains ground, the price rally in the bulb in recent days seems to be ebbing. Wholesale prices of onions across major markets in Maharashtra, such as Lasalgaon, Pimpalgaon and Niphad, have witnessed a decline in the last two days. In Pimpalgaon, where arrivals stood at 2,500 tonnes on Friday, the modal prices dropped by a fifth to Rs. 2,000 per quintal...
More »What ails the Centre's generics Rx initiative? -PT Jyothi Datta
-The Hindu Business Line Policymaking has sensibly shifted away from banning the prescription of brand names More than three months after Prime Minister Narendra Modi fired the salvo on getting doctors to prescribe medicines using their generic names, the discussion seems to be on a slow burner. From the strident position that all doctors will have to prescribe medicines using their generic or chemical names, there appears to be a more reconciled acceptance...
More »Rajasthan High Court issues notice to state government, ACB over 600 crore benefit to Vedanta -Mahim Pratap Singh
-The Indian Express An official ACB probe had revealed that IAS officer Ashok Singhvi had allegedly benefitted Hindustan Zinc Ltd, a subsidiary of Vedanta-owned Sterlite industries Jaipur: The Rajasthan High Court on Tuesday issued notices to the state government and the Anti-Corruption Bureau (ACB) over alleged inaction in a 600-crore scam probe involving multinational mining giant Vedanta Resources. Justice V K Vyas issued the notices to the ACB and the state home...
More »On Government's Claims Of Creating 7 Crore Jobs, A Fact Check -Sreenivasan Jain and Manas Pratap Singh
-NDTV The government's reliance on the MUDRA scheme of lending to small businesses to create jobs has not had the kind of result being advertised. New Delhi: Facing heat for not being able to back its promises of job creation, the Centre and the BJP have repeatedly cited the success of its MUDRA scheme, an acronym for Micro Units Refinance and Development Agency, meant to promote lending to small businesses. Speaking earlier this...
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