Source: PTI/IANS The World Bank has announced $4.3 billion in financial aid to India through a new innovative and flexible financing arrangement to help the country fight poverty. The arrangement, while facilitating a $4.3 billion increase in support to India, is designed to maintain International Bank for Reconstruction and Development's -- which is its lending arm -- net exposure within the limit of $17.5 billion established by it. In a statement, the World...
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Penance for Ganga-Purnima S Tripathi
An environmental scientist continues his relentless battle to save the Ganga, this time by starting a fast unto death. THE campaign to save the Ganga has cost one life in the hill State of Uttarakhand. The life of another activist now hinges on the government's commitment. In 2011, Swami Nigamananda of Matri Sadan undertook a fast unto death demanding an end to illegal sand mining in the Ganga, at least in Haridwar...
More »Govt acted against over 160 NGOs in last three years-Vishwa Mohan
-The Times of India Diversion of foreign contribution by NGOs is not limited to the 12 organizations whose cases were referred for probe recently. The muck, in fact, runs much deeper with official figures showing that the government has taken action against at least 160 voluntary bodies, including referring 24 cases to CBI and seven to different state police for investigation in the past three years. Besides, 70 NGOs have been prohibited...
More »World Bank approves $4.3 billion aid to India to fight poverty
-PTI The World Bank has announced $ 4.3 billion financial aid to India through a new innovative and flexible financing arrangement to help the country fight poverty. This arrangement, while facilitating a $ 4.3 billion increase in support to India, is designed to maintain International Bank for Reconstruction and Development's (IBRD) - which is its lending arm - net exposure within the limit of $ 17.5 billion established by it. In a statement,...
More »AIDAN proposes another pricing model for essential drugs by Khomba Singh
A non-government organisation campaigning for cheaper essential drugs has proposed an alternative pricing model that seeks to fix retail prices at the average price of all brands in a segment. The proposal of the All India Drug Action Network (AIDAN) is being examined by the department of pharmaceuticals (DoP), an official said. AIDAN says its new pricing mechanism, which excludes brands that account for the top 20% by sales, will make...
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