-Livemint.com Supply constraints due to lower output, higher demand on increasing incomes behind spike in prices, says report New Delhi: Inflation has come down sharply this year alongside a softening in food prices, but the rise in the prices of pulses—the second most important part of the Indian diet after cereals—has been the sharpest in a decade, Crisil Research said in a report on Monday. Retail and wholesale inflation were at 42%...
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Why higher govt spending is crucial to contain rural distress
-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...
More »Mintu Devi’s magic wand -Priyanka Kotamraju
-The Hindu Business Line As the Right to Information Act completes 10 years, we examine how RTI has changed people’s lives, become a byword for democracy, and helped alter the relationship between citizen and state Mintu Devi’s relationship with the ration shop changed the day she filed an RTI. In the jhuggis of New Seemapuri, situated on the northeastern edge of Delhi, she is a legend. The 37-year-old mother of four is...
More »Cancer drugs, stents at 60% discount soon -Sushmi Dey
-The Times of India NEW DELHI: Over 200 cancer drugs, 186 medicines to treat cardiovascular diseases and 148 stents and cardiac implants will now be available at central government hospitals at prices 50-60% lower than the open market. The health ministry has launched a programme called AMRIT (Affordable Medicines and Reliable Implants for Treatment), under which the government will run pharmacy retail stores to sell medicines in hospitals like All India Institute...
More »Trajectory of distress: From farm to factory
-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...
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