-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....
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A liability for our nuclear plans -MR Srinivasan
-The Hindu In the context of the ongoing debate on Kudankulam, the question of nuclear liability has come to the fore again. As a person who engaged with this question almost 50 years ago, I would like to throw some light on the subject. As a lead member of the Indian team negotiating the Tarapur contract with the Americans, it fell to my remit to address this matter. General Electric and...
More »SC gives govt time till Nov 27 for final drug pricing policy -Utkarsh Anand
-The Indian Express The Supreme Court on Thursday gave one month’s time to the Centre to come up with the final version of the drug pricing policy. Maintaining that the Centre must follow a pricing formula that will prevent the prices of the drugs from shooting up, the SC agreed to wait till mid-November for the Cabinet to come up with its final version of the new pricing policy. “Drugs prescribed by doctors......
More »New drug policy by mid-November, Government tells Supreme Court -J Venkatesan
-The Hindu People have to go hungry for paying the medicine bill, says Judge The Union government on Thursday told the Supreme Court that it would put in place by mid-November a Drug Price Control Order (DPCO) after the Union Cabinet’s approval. Last week, the Bench asked the government to spell out a time frame within which a new policy would be put in place. On Thursday, Additional Solicitor-General (ASG) Siddarth Luthra told a...
More »Sibal writes to Jaipal on LPG subsidy-Aarti Dhar
-The Hindu “If it is withdrawn, Centre will need to compensate States for increased cooking fuel cost” Unable to get an exemption for the cooking gas cylinders used for the Mid-Day Meal Scheme in the wake of a steep hike in the prices of domestic gas, Union Human Resource Minister Kapil Sibal has suggested that the Petroleum Ministry consider providing subsidised LPG cylinders for the current fiscal year. “It might be preferable at...
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