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Refund order to Alchemist Infra

-The Telegraph Kolkata: Sebi has barred Alchemist Infra Realty Ltd from continuing its collective investment scheme and ordered that investors, several of whom are said to be in Bengal, be refunded within three months. The capital market watchdog's order said the company had denied it had anything to do with Alchemist Group, which is run by the family of K.D. Singh, a Rajya Sabha member from the Trinamul Congress. Some party leaders...

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Cabinet Approves Merger of Centrally Sponsored Schemes

-Outlook The government today approved Planning Commission's proposal to merge the 147 Centrally Sponsored Schemes (CSS) and bring it down to 66 across various sectors for effective implementation and monitoring of the 12th Five Year Plan. "The Union Cabinet has approved the proposal to merge CCS", Information and Broadcasting Minister Manish Tewari told reporters after the meeting. Last month, a Group of Ministers, headed by Agriculture Minister Sharad Pawar, had approved merging of...

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Bitter pill

-The Business Standard Drugs are unaffordable, but price control is the wrong answer There is little doubt that medicines in India are too expensive for most of the population. For the poorest 20 per cent of Indians, the expenditure on medicines alone is 85 per cent of what they spend on their health, according to the National Sample Survey. A World Bank study on the subject found that just out-of-pocket medical costs...

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Rajasthan gives people right to pink-slip babus -Anindo Dey

-The Times of India JAWAJA (AJMER): The complaints, like always, were many. But the tables had been turned. At the receiving end were government officers as people crowded around demanding an explanation for being denied their right. It was their day of hearing. A motley group of villagers thrust 'pink slips' towards the sub-divisional magistrate (SDM) demanding to know why they were being denied the Re 1 a kg wheat promised by...

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Food security: How the states feed India

-The Indian Express Trendsetters & tweakers Act one Chhattisgarh already has a food security law in place. It became last December the first state to pass a food security bill, which covers several sections not under existing schemes. The Act makes food entitlement a right and depriving anyone of that an offence. If PDS grains, for instance, are being diverted, the officials involved will face penal provisions. The Act also seeks to empower women...

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