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Panel calls for cutting food security coverage, backs cash transfer -Surojit Gupta & Dipak Kumar Dash

-The Times of India NEW DELHI: The government should reduce coverage under the National Food Security Act (NFSA) to 40% of the population from 67% and defer implementation of the scheme in states which have not complied with the rollout conditions, a panel appointed by Prime Minister Narendra Modi has recommended. The panel headed by former food minister Shanta Kumar submitted the report to the PM on Wednesday. Reforming the subsidy regime...

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India to beef up defence against US chicken legs -Amiti Sen

-The Hindu Business Line   Commerce Ministry asks poultry breeders to assess risk on fresh health concerns New Delhi: India is preparing a second line of defence to protect its domestic poultry industry against Competition from cheap chicken leg imports from the US. With the World Trade Organisation recently ruling against India's ban on chicken import from the US on the grounds that it would lead to spread of bird flu, the Commerce Ministry...

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After petrol and diesel, Modi government may deregulate urea -Harish Damodaran

-The Indian Express After petrol and diesel, the Narendra Modi government is looking next to deregulate urea. In the works is a three-year plan to decontrol the maximum retail price (MRP) of this fertiliser - currently fixed at Rs 5,360 a tonne or Rs 268 per 50-kg bag - alongside permitting duty-free imports sans any canalisation or restrictions, and credit the subsidy directly into the bank accounts of farmers. Urea imports now...

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Fillip to cheaper hepatitis C drug -GS Mudur

-The Telegraph New Delhi: India's patent regulating agency today rejected a US company's patent claim on a drug to treat hepatitis C, raising hopes that generic drug makers could now produce cheaper versions of the medicine. The Indian Patents Controller has denied a patent to sofosbuvir from Gilead, a US biopharmaceutical company that had last year pledged to make the oral drug available in India and 90 other developing countries at $900...

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Arvind Panagariya’s plan for NITI Aayog: Focus on labour reforms, SMEs -P Vaidyanathan Iyer

-The Indian Express For Arvind Panagariya, the first Vice-Chairman of NITI Aayog, policy-making, rather than planning, will be his top priority. In his first interaction with officers of the erstwhile Planning Commission, he spoke at length on the need to push through labour reforms and strengthen the SME (small and medium enterprise) segment - the backbone of manufacturing - to take India up several notches in the Competition ladder. On Tuesday, his...

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