-Business Standard This would be in addition to 348 drugs already under price ceiling The National Pharmaceutical Pricing Authority (NPPA) has capped the prices of another 52 essential drugs, in a move that could impact drug manufacturers Lupin, Cadila Healthcare and Merck. This is in addition to the 348 drugs already under a price ceiling. The majority of the 52 new drugs are antibiotics, painkillers and medicines used for treating cancer and skin...
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Rs 83,000 crore revenue lost on SEZs in 6 years -Pradeep Thakur
-The Times of India NEW DELHI: More than 50% of land allotted to special economic zones (SEZs) across the country remains idle, and its very purpose was defeated with no significant increase in employment even as the government's revenue foregone was to the tune of Rs 83,000 crore between 2007 and 2013, the comptroller and auditor general (CAG) has found. Exposing systemic weaknesses in tax administration, a performance audit on SEZs by...
More »Dangerous withdrawal -Prabhat Patnaik
-The Telegraph The National Democratic Alliance government is planning to scrap the Mahatma Gandhi National Rural Employment Guarantee Act. The chief minister of Rajasthan, Vasundhara Raje, had already asked for the employment programme of the MGNREGA under which the state was obliged to provide employment on demand (failing which an unemployment allowance of a specified amount had to be paid), to be downgraded to a mere "food-for-work" programme, where the state...
More »For a new paradigm of social justice -D Shyam Babu and Chandra Bhan Prasad
-The Hindu The central policy challenge for the new government is how to sustain social gains while ensuring that Dalits can participate more meaningfully in the economy, by sharing in the fruits of economic growth while contributing as well In his address to the nation on Independence Day, Prime Minister Narendra Modi expressed his intention to "take a solemn pledge of working for... the welfare of the poor, oppressed, Dalits, the exploited...
More »Ashok Gulati, former chairman of the Commission for Agricultural Costs and Prices, and at present chair professor agriculture, the Indian Council for Research on International Economic Relations, speaks with Sandip Das
-The Financial Express From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level committee to recommend measures for restructuring the Food Corporation of India (FCI), the government has taken various steps for cutting down food subsidy and curbing further spike in agricultural commodity prices. From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level...
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