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Artificially created distress -Utsa Patnaik

-The Hindu To prevent further damage to the economy and to relieve distress, demonetisation should be revoked immediately Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value of the currency notes in circulation with the public. A prior large increase of lower denomination notes should have been ensured through banks and ATMs, so that overall money...

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Demonetisation hits transport business; Truckers fail to pay -Megha Manchanda

-Business Standard The All India Motor Transport Congress has said the supply of essential goods will get impacted with immediate effect New Delhi: Government’s suspension of Rs 500 and Rs 1000 denomination notes has hit the truckers hard as they are unable to transport essential food items, including milk and vegetables, due to scarcity of smaller denomination currency and unacceptance of old tender notes by state authorities, toll plazas and labourers. More than...

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Health spending: How States splurge on salaries -Samarth Bansal

-The Hindu ‘Cost of an inpatient episode is much higher in private sector’ Bulk of the total public money spent in State-level healthcare system is not spent on medical services, but goes to wages and salaries of human resource, reveals a study of health accounts of six States. Wages and salaries account for 86 per cent of the total public expenditure in Punjab, 72 per cent in Maharashtra, 65 per cent in Kerala,...

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Physician, heal thyself: How graft afflicted NRHM in UP -Devesh K Pandey

-The Hindu Chief medical officers of 72 districts colluded with politicians and contractors in swindling funds meant for poor patients; the CBI has filed 82 cases so far Investigations into the Rs. 9,000-crore National Rural Health Mission (NRHM) scam in Uttar Pradesh have led to the arrest of 149 persons, with the Central Bureau of Investigation arraigning 350 people as accused in 82 cases of corruption, cheating, forgery and conspiracy registered so...

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A disaster in the making -A Rangarajan

-Frontline Medecins Sans Frontieres warns that the free or regional trade agreements that are being negotiated, which seek to strengthen current patent regimes, are a potential threat to the developing world’s access to life-saving drugs, which it sources mostly from India. WHEN NELSON MANDELA’S GOVERNMENT passed the Medicines and Related Substances Control Act in 1997 to make medicines more accessible to the poor, 39 big pharmaceutical companies filed law suits in...

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