-The Times of India MUMBAI: In a move that has surprised and shaken the industry, prices of widely-used expensive anti-diabetic and cardiac medicines will reduce by as much as 35% over the next few weeks, with the drug pricing regulator, National Pharmaceutical Pricing Authority (NPPA), deciding to bring them under price control. In a rare invocation of a lesser-used provision in the Drug Price Control Order (DPCO), NPPA has fixed the prices...
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Corporate karza maafi at Rs. 36.5 trillion -P Sainath
-PSainath.org The revenues foregone in 2013-14 could fund the rural jobs scheme for three decades or the PDS for four and a half years. It was business as usual in 2013-14. Business with a capital B. This year's budget document says we gave away another Rs. 5.32 lakh crores to the corporate needy and the under-nourished rich in that year. Well, it says Rs. 5.72 lakh crores but I'm...
More »Identity for Inclusion: Moving beyond Aadhaar -MS Sriram
-Economic and Political Weekly State intervention in India to expand financial inclusion to rural areas has had an Interesting history. It has moved away from building state-led institutions to setting policy that pushed financial inclusion through non-state agencies as well. While identity, de-duplication, and authentication were issues that affected the pace of financial inclusion, they were not the most significant problems to be fixed. By allowing the Aadhaar project to set...
More »Small beginning in the right direction -Prof. MS Swaminathan
-The Hindu Overall, the Budget places considerable emphasis on agricultural renewal and agrarian prosperity. Obviously, the allocations are small but a beginning has been made to look at the problems in farming in a more holistic manner. The Union Budget is a resource allocation exercise. The priorities in the allocation were indicated in the address of the President to Parliament on June 9. While the President's address provides a framework for political...
More »Agriculture set for revolution
-Deccan Chronicle New Delhi: With a drought-like situation looming large and food prices remaining high, the Union government on Thursday announced various agri-progra-mmes with an outlay of about Rs 7,500 crore to improve irrigation, soil health, research activities besides promising steps to revamp mandis. Union finance minister Arun Jaitley said that the Centre will provide cheaper foodgrains through ration shops even if there is marginal decline in farm production due to inadequate...
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