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Six people who pulled strategic levers to open up political parties' finances -Soma Banerjee

-The Economic Times If India is now debating opening the books and operations of political parties to the public, it's because of these six people who pulled strategic levers and applied relentless pressure. Soma Banerjee traces a four-year effort that converted intent to action Balwant Singh Khera, a politician from Hoshiarpur in Punjab, is not a name that will strike a chord in mainstream politics or social discourse today. It might in...

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We trust indian manufacturing norms: USFDA -Divya Rajagopal

-The Economic Times MUMBAI: The United States Food and Drug Administration (USFDA), widely considered the world's most stringent regulatory authority, has said India's share in generic exports to the US over the years is an indication of the good manufacturing norms practised by Indian drugmakers. As the Ranbaxy scandal threatens to tarnish India's image as a hub of manufacturing world-class generic drugs, the statement, by USFDA's spokesman Chris Kelly in an...

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A grain of common sense-Sreenivasan Jain

-The Business Standard Chhattisgarh proves no cash transfer or UID is needed to make PDS work Viewed from a ration shop in Surguja in the largely poor tribal north of Chhattisgarh, the arguments for and against the food security Bill seem way off the mark. We had travelled there to see first-hand Chhattisgarh's much-celebrated transformation of its broken, corrupt public distribution system (a recent survey found that wastage of PDS grain dropped...

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To End Extreme Poverty, Learn from a Small Village in India-Sri Mulyani Indrawati

-The World Bank blog "Five years ago, I was no one," said Kunti Devi to me, sitting up straight against the wall of her one-room mud hut in Bara, a small village in India's eastern state of Bihar. "Now, people know me by my own name, not just by the name of my children." I was sitting on the floor, across from Devi, a mother of eight, who belonged to one of...

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How to reduce our rotting mountains of grain

-The Economic Times India's GDP growth has almost halved from 9.2% in 2010-11 to 5% in 2012-12. Major problems include a high current account deficit, high fiscal deficit, and lack of bank credit for small and medium enterprises. All three problems can be mitigated substantially by one single measure - reducing excess food stocks. So say Ashok Gulati and Surabhi Jain, chairman and joint director respectively of the Commission for Agricultural...

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