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Govt focus on ‘internal happiness’ -Sobhana K Nair

-The Telegraph New Delhi: The capital's babus are feeling wanted. At last, a government seems to care about their "happiness", "satisfaction" and "contribution". A recent government circular prods civil servants to do voluntary social service for "internal happiness". Another requests each soon-to-retire official to write a 1,000-word paper on his or her "outstanding" contribution - for their own "satisfaction" and to inspire junior colleagues. They must, however, restrict themselves to personal innovations that...

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Made for Big Pharma -Paranjoy Guha Thakurta

-Deccan Chronicle Prime Minister Narendra Modi may be patting himself on the back because President Barack Obama has agreed to India's position on food stockholding norms in World Trade Organisation (WTO). However, New Delhi seems to be bending over backwards to accommodate the American government and giant multinational corporations (MNCs) in the pharmaceutical industry, which will work to the detriment of our country's Interests. In less than six months, the Modi government...

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From January 2015, life-saving drugs to show govt-fixed rates in bold red -Sushmi Dey

-The Times of India NEW DELHI: All life saving drugs from January 2015 will come with a bold red strip on their packs highlighting price as fixed by the government and also specify if they are under price control. Signaling a New Year gift for consumers, the government is set to make it mandatory for regulated drugs to print on their packs 'DPCO Scheduled Drug' in black ink on a bold...

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Creating 'Good Jobs': Assessing the Labour Market Regulation Debate -Radhika Kapoor

-Economic and Political Weekly The current regime seeks to reform labour laws with the understanding that these reforms will improve industrial growth and expand the possibilities of enterprise. However, there is already ample evidence from within India that this obsession with reforming labour law, particularly in the way the government has done it till now, will not take us any closer in creating more jobs or a healthy industrial sector. These...

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Don't Make Fortune Out of Poor: Rajan to Micro Lenders

-Outlook Mumbai: Asking micro-lenders to look at only a "reasonable profit" to sustain their business while serving borrowers at the bottom of pyramid, RBI Governor Raghuram Rajan has said that one should not think of making a fortune while serving poorest of the poor. The comments come in sharp contrast to management guru late CK Prahalad's views in his book The Fortune at the Bottom of the Pyramid. The concept of the fortune...

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