-Down to Earth FSSAI initiates prosecution against manufacturers of 19 leading food brands for making unscientific claims about their products Whether it’s Complan or Horlicks, they claim to make a child taller and smarter. But their promises are not based on any scientific data. Now such food products in the Indian market have come under the scanner of Food Safety and Standards Authority of India (FSSAI) for making false health claims on the...
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Cash transfer scheme: Oil ministry asks PMO to delay rollout by three months-Amitav Ranjan
-The Indian Express The Petroleum Ministry has asked the Prime Minister’s Office to defer the rollout of the direct cash subsidy transfer scheme by at least three months. The ministry told the PMO on Monday that its oil marketing companies are not ready to implement the scheme even in the 51 districts identified in the first phase. Pointing out that bank accounts need to be opened on behalf of the beneficiaries, the...
More »All to the sweat shop-Bhavdeep Kang
-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...
More »Sick Chickens Come Home to Roost -Nidhi Nath Srinivas
-The Economic Times What are the chances that a chicken infected with bird flu will land on your plate? Zero. What are the chances that a bird flu infection will increase the price you pay for chicken and eggs? 100%. A virulent and deadly infection called avian influenza or bird flu is present in our country. The virus usually affects wild fowl which then infect chickens. The virus can survive for...
More »Micro ATMs Planned for Transfer of Cash to Poor -M Rajshekhar & Dheeraj Tiwari
-The Economic Times The government is likely to shoot down the department of financial services’ (DFS) plan to appoint common banking correspondent companies for transferring cash to poor people, and replace it with a countrywide network of ‘micro ATMs’, as it seeks to finalise the last-mile payment architecture for cash transfers. In a meeting on Monday evening, Rural Development Minister Jairam Ramesh, UIDAI Chairman Nandan Nilekani, and Planning Commission officials met Finance...
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