-Scroll.in The food safety authority looked away as the environment ministry kept clearing consignments of genetically modified soyabean and canola oils from abroad. Violating laws governing food safety in India, the central government has over the last five years allowed more than 15 million tonnes of genetically modified soyabean and canola oils to be imported into the country for human consumption. That such Imports were illegal came to light with the Food...
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Shore up supply of critical drugs, govt tells pharma industry -Teena Thacker
-Livemint.com Govt plans to?help firms revamp manufacturing units,?refurbish machinery,?ensure subsidized power in bid to produce drugs such as penicillin at competitive rates New Delhi: The Department of Pharmaceuticals (DoP), during a meeting on Wednesday, urged pharma companies to strive for self-sufficiency in critical drugs like penicillin, rifampicin and insulin, in a sign of government concern over India’s dependence on Chinese Imports. A large number of so-called active pharmaceutical ingredients (APIs), or bulk drugs,...
More »Six steps to job creation -Santosh Mehrotra
-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...
More »The case for a rural stimulus -Himanshu
-Livemint.com It is clear that not only has the govt failed to do anything to revive the sagging rural demand, it has also refused to acknowledge the demand problem The fact that the economy is on a downward slide is no longer a matter of debate. It is neither a technical issue nor is it a transient blip which will go away on its own. However, matters are complicated as far as...
More »A full-blown agrarian crisis? -Devinder Sharma
-DNA India India is frittering away gains of the Green Revolution and fast turning into a net food importer In 2015-16, India imported Rs 1,402,680,000,000 or 1.40 lakh crore worth of agricultural commodities. This was more than three times the annual budgetary allocation for domestic agriculture. Well, if you think the increasing reliance on food Imports in one year — 2015-16 — is merely an aberration, hold your breath. According to commodity...
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