-The Telegraph New Delhi: The Supreme Court today ruled that once the government reduces the prices of essential drugs, the new rates would come into immediate effect and companies cannot continue selling at earlier prices. A bench of Justices R.M. Lodha and Kurien Joseph rejected the arguments of multinational giant GlaxoSmithKline Pharma that companies are entitled to sell drugs at old rates for 15 days to dispose off stocks. According to the bench,...
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Sell drugs at govt rates, not higher prices mentioned on box, says SC -Utkarsh Anand
-The Indian Express The Supreme Court on Monday ruled that drug manufacturers and retailers cannot sell medicines at higher prices mentioned on the label of the boxes if the government notifies a lower rate. They must implement the price fixed under the Drugs (Prices Control) Order (DPCO) within 15 days from the date of notification. The bench of Justices R M Lodha and Kurian Joseph rejected the argument that the revised prices...
More »SC judgment on Kudankulam safety violated: Petition
-The Times of India NEW DELHI: The Supreme Court on Monday sought responses of the Centre, Atomic Energy Regulatory Body (AERB) and Nuclear Power Corporation of India Ltd (NPCIL) on a petition alleging that the regulatory body gave clearance to Kudankulam nuclear power plant ignoring the court-asserted safety aspects of the plant. A bench of Justices K S Radhakrishnan and A K Sikri issued notices to the respondents on an appeal filed...
More »Legislation alone cannot suffice to deal with problem of hunger -Biraj Patnaik
-The Hindustan Times The passage of the National Food Security Act (NFSA) made 2013 a landmark year for the right to food in India. It was a small but significant step in the battle against hunger. If the year was witness to the emergence of a political consensus, nationally, on the right to food, the next year will need to be characterised more by action and not just intent. The principal challenge in...
More »Haryana woos Chinese cos, offers vast tracts of land-Ananth Krishnan
-The Hindu The Chinese government is also likely to considering locations in Gujarat, Maharashtra and Tamil Nadu for industrial parks Beijing: Haryana has made available thousands of acres of land for purchase by Chinese companies, State government officials told potential investors here on Wednesday, in an effort to court investment into newly planned industrial bases. Haryana officials told The Hindu that the China Development Bank (CDB) - the powerful State-run bank that is...
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