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Chaudhuri committee on WPI facing difficulties with Producer Price Index-Nayanima Basu & Sanjeeb Mukherjee

-The Business Standard Deadline extended by three months to March 31 for submitting report After a push from the Prime Minister's Office (PMO), a committee headed by Planning Commission member Saumitra Chaudhuri seems to be giving its full attention in moving towards Producers Price Index (PPI) that will give accurate calculation of movement of inflation. To help the panel finish its task, the government has extended its deadline by...

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A Solar Sunrise in India-Nikhil Inamdar

-The Business Standard Policymaking in India is more often than not credited for its high nuisance value, rather than for positively aiding growth. Whether oil & gas, power, mining or any other core sector of the economy, government policy has frequently hampered rather than assisted the positive development of these industries. There is however one segment of the renewable energy space - solar power, that's vastly benefitted from concerted government action...

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India a rising solar power, says World Bank-Sujay Mehdudia

-The Hindu     National Solar Mission instrumental in bringing down cost of power The Jawaharlal Nehru National Solar Mission Phase-1 (JNNSM) is poised to make India a global leader in the development of solar power as its green growth agenda increased the installed capacity from around 30 MW to more than 2,000 MW, a World Bank report said on Thursday. What is significant is that JNNSM has been instrumental in bringing down the cost...

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Drug price control covers too little, riddled with loopholes -GS Mudur

-The Telegraph New Delhi: The price caps imposed by the Indian government on 348 drugs earlier this year have created only an illusion of control, keeping many medicines for conditions ranging from asthma to diabetes and heart disease beyond price regulations, experts said today. The price control order issued by the department of pharmaceuticals in May has led to a 22 per cent reduction in the average cost of some 250 medicines,...

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India tells rich nations not to treat climate issues for providing market to domestic companies -Vishwa Mohan

-The Times of India WARSAW: Hitting out at developed countries for backtracking on their commitments to fight climate change, India on Thursday used the UN climate talks platform to tell the rich nations not to treat global warming issues with a "business perspective of providing markets to domestic companies". New Delhi also expressed dismay at decision of some of the rich nations - including Japan, Canada and Australia - to scale down...

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