-Business Standard WPI inflation for April is at 3.9%, which is 144 (bps) lower than the March inflation rate The Ministry of Commerce and Industry unveiled the revised wholesale price index (WPI) on May 12, 2017 as per the 2011-12 base year. As per this release, WPI inflation for April is at 3.9%, which is 144 basis points (bps) lower than the March inflation rate. The decline is mainly due to a...
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If Modi Really Wants Affordable Medicines, Why is His Niti Aayog Pushing in the Opposite Direction? -Anoo Bhuyan
-TheWire.in The government’s premier policy-formulating agency recently recommended measures to deregulate the pharmaceutical sector and make essential medicines more expensive. New Delhi: Even as the prime minister repeatedly expresses his commitment to providing affordable medicines in the country, it appears that the NITI Aayog and the Department of Pharmaceuticals (DoP) may be working in an opposing direction. Documents between October 2016 and April 2017 show the intention of various government arms to...
More »Left-led Kerala govt will be first in country to provide insurance, free medical treatment for migrant workers -Rejimon K
-Firstpost.com Bhupesh Roy is from Assam but he is a long way from home. He has been working in the southern state of Kerala in the construction sector for the past four years and earns around Rs 500 a day, for an average of 20 days a month. “Two months ago, I fell sick. I had food poisoning and was admitted to hospital. I had fever too. For a week, I...
More »US places India yet again on IPR 'priority watch' list -Amiti Sen
-The Hindu Business Line Frowns on India’s IP laws; New Delhi unfazed, says laws are TRIPS-compliant New Delhi: Expressing its disappointment with India for not making adequate changes in its IP laws and regulations despite announcing its National IPR policy last year, the US Trade Representative’s (USTR) office has once again placed the country in the ‘priority watch’ list in this year’s edition of the Special 301 report. “Almost a year after the...
More »Core sector growth slips to over 1-yr low of 1% in Feb
-PTI Crude oil and natural gas contract; the previous low of 0.9% was recorded in December 2015 New Delhi: The growth of eight core sectors slipped to over one-year low of 1% in February mainly due to decline in output of crude oil, natural gas, refinery products, fertilisers and cement. The growth rate of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity was 9.4% in...
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