-The Business Standard    Draft health insurance guidelines must not remain on paper The insurance regulator’s draft guidelines on health insurance were necessary, given the segment has been plagued with high loss ratios, low penetration and persistent customer complaints. The draft, which proposes changes in every facet – product structure, renewability and claims settlement – is a thoroughly pro-customer document and seeks to plug the various loopholes that have been used to make...

-CNN-IBN In a major embarrassment for the Congress, ally Trinamool Congress on Tuesday seemed to indirectly question Prime Minister Manmohan Singh's alleged role in the coal block allocation case. Trinamool Congress leader Kalyan Banerjee, who heads the parliamentary committee on Coal and Steel, indirectly questioned the PM's decision on coal block allocation, saying the allocations should have been made through Coal India and state owned companies. In his report, the leader said the...

Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...

Scheme meant for the tribals has been hijacked by mining firms, claim activists The construction of 24 fortified police bases in the midst of Saranda, an 800-sq. km. patch of forested hills veined with a quarter of India's iron ore reserves, has sparked concerns among political activists who believe that a development plan intended for tribals in Jharkhand has been hijacked by mining corporations. In October last year, Union Minister for Rural...

-The Hindu The World Health Organisation (WHO) has put in place a mechanism to define counterfeit medical products. The set of definitions of sub-standard, spurious, falsely labelled, falsified and counterfeit products will be globally accepted and help to bring about uniformity in identifying such drugs, without interrupting worldwide supplies. The decision to establish a member state mechanism was taken at the World Health Assembly, the WHO's policymaking body, at a meeting held recently. The...