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Economic Survey 2017 slams excessive regulation in India's agriculture sector -Sayantan Bera

-Livemint.com On demonetisation’s impact on the agriculture sector, the Economic Survey said higher winter plantings may not necessarily lead to higher production New Delhi: India’s farm sector is entwined in regulation and is a living legacy of the socialist era, the Economic Survey released on Tuesday said, criticizing curbs on marketing of agriculture produce and imposition of stock limits on traders. “While progress has been made in the last two years, producers (farmers)...

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Prices of 50 essential drugs slashed by up to 44%

-PTI NEW DELHI: Prices of over 50 essential drugs including those used for treatment of HIV infection, diabetes, anxiety disorders, bacterial infections, angina and acid reflux have been capped by the government, leading to a price cut in the range of 5 per cent to 44 per cent. The National Drug Pricing Regulator has also fixed the retail prices of 29 formulations. "NPPA has fixed/revised ceiling prices of 55 scheduled formulations of Schedule-I...

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Supreme Court asks for constituting State Food Commission to implement NFSA

  As per the Section 16 of National Food Security Act (NFSA), for the purpose of monitoring and review of implementation of the Act, every state shall, by notification, constitute a State Food Commission (SFC). However, based on the minutes of a meeting that was held by the Secretary in the Ministry of Food and Public Distribution on 9th November, 2016, the Attorney General of India has informed a two-judge Supreme Court...

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Bringing PDS out of the abyss -Anjali Bhardwaj and Amrita Johri

-Deccan Herald System overhaul: Transparency measures with strong accountability mechanisms can usher in change The National Food Security Act (NFSA) passed in 2013 gives statutory backing to the Public Distribution System (PDS). Up to 75% of the rural population and 50% of the urban population is entitled to receive food grain under the Act. Beneficiaries are categorised into priority households, entitled to 5 kg of subsidised grains per person per month, and Antyodaya...

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Generics vs big pharma, reloaded -Shamnad Basheer

-The Hindu The proposal to extend the time limit for State-level drug regulatory approvals from four to 10 years could hit the generics market In a scathing letter to the Government of India, the Indian Pharmaceutical Alliance (IPA) took issue with what it considered to be a backdoor extension for data exclusivity norms in the country. It pointed to the recent government proposal to change the four-year time limit for State-level drug...

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