-Tehelka.com The Sen-Bhagwati ‘debate' on economic policy is focussing on the wrong issues Several things are quite remarkable about the recent debate between Professor Amartya Sen and Professor Jagdish Bhagwati. The first surprise is that such a debate could become a major news item at all, making headlines and filling screen time on news channels, when it is about economic strategies that are normally discussed only in relatively small academic and policy...
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Drug makers suffer an overdose of control-Bhupesh Bhandari
-The Business Standard The new price caps for 191 essential drugs are likely to introduce serious distortions in the market for these medicines The National Pharmaceutical Pricing Authority, or NPPA, has announced new price caps for 191 essential drugs that are 10 to 50 per cent lower than the current prices. Drug makers have 45 days to recall the earlier batches and send out new ones with the lower price tags. This...
More »Draft rules to curb acid sale
-The Telegraph The Centre today submitted in the Supreme Court a "draft model rule" to restrict sale and purchase of acid in the country following the rising number of attacks on women by criminal elements and jilted lovers. Under the draft rules, the sale of acid will be restricted to industrial use, battery dealers, school/college chemical labs and hospitals. It will be obligatory for all buyers to furnish their photo identity and...
More »Onion prices at two and a half year high
-PTI NEW DELHI: Onion prices jumped to two and a half year high of Rs 24 per kg due to tight supply and strong Ramzan demand. Wholesale rates at Maharashtra's Lasalgoan, the Asia's biggest wholesale market for onion, soared almost five times higher than levels at the same time last year, stoking fears of retail prices rocketing across the country. Retail prices of onion in Delhi ranged between Rs 30 and 35 per...
More »Why vegetable prices are killing you-Subodh Varma
-The Times of India Tomato prices have gone through the roof. This essential part of food in most households is selling at over Rs 60 per kilogram, in some places even up to Rs 80. In February this year, onion prices had similarly spiked for a few weeks, forcing families to shell out double-triple prices. So, what's going on? Is it a demand-supply problem, as claimed by traders and administrators? Or...
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