-The Economic Times NEW DELHI: The government's earnestness to change the lives of millions untouched by high-street banks is being tested with a proposal from its own department of posts. Armed with an amazing network of offices, the department has sought Rs 1,900 crore from the Centre to launch a bank that would connect with the aam aadmi in Indian villages and far-flung areas where few institutional lenders have a presence. Financial...

-The Business Standard The service would be launched across the country to provide information, advisories and Services for India's 120 mn farmers Following the footsteps of Services like Reuters Market Light (RML) of Thompson Reuters and Dr. Dekalb Farm Care of Monsanto India, the Union department of agriculture is starting its own SMS-based farm information and advisory service to be called the Kisaan SMS. According to an official statement, the SMS-based service would...

-The Hindu The current market prices are essentially over and above the actual cost of production - a difference that could run from 100 per cent to 5,600 per cent, depending upon various therapeutic categories In a liberalised market economy, do we need price controls on drugs? Policymakers and the pharmaceutical industry do not think so. They believe that price controls are an inefficient tool that distorts resource allocation, squeezes revenue, reduces...

-The Hindu     The State population stands at a little over three crore, but average consumption of drugs is three times the national average In Kerala, where people have a marked preference for branded drugs, where the most expensive brand is considered the best, and only those brands pushed by doctors sell, the new Drug (Prices Control) Order, which is expected to cut prices by 20-25 per cent, may not have much of...

-The Hindu blog   Data from the latest Transparency International report throws up few surprises as far as India is concerned. Virtually no key institution or sector in India is seen as being free from corruption in the latest survey of the international anti-corruption watchdog Transparency International, which, in its report 'Global Corruption Barometer 2013' states that bribe paying levels remain "very high" worldwide. Data from the report offers interesting insights into global corruption...