-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...
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India shocks with vaccine patent -Latha Jishnu
-Down to Earth Why did we grant Pfizer's claim on a pneumonia vaccine which has been rejected elsewhere? In august, the medical and public health fraternity was stunned when India’s Patent Office granted US pharma giant Pfizer’s claim on its vaccine against pneumonia, the pneumococcal conjugate vaccine (PCV), marketed as Prevnar13. For a country that has stricter patentability criteria than most others, India’s decision was baffling because Pfizer’s patent has been rejected...
More »India's criminal wastage: over 10 million works under MGNREGA incomplete or abandoned -Richard Mahapatra
-Down to Earth Since April 2014, the rate of work completion has been declining at rapid pace, indicating that crucial assets for villages are not getting created In the last three and half years, the rate of work completion under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has drastically declined, leading to wastage of public money and leaving villages more prone to drought. This could also be a reason...
More »After Yashwant Sinha, RSS affiliate hits out at Modi govt's economic policies -Anindya Banerjee
-India Today Bhartiya Mazdoor Sangh criticised Modi government's handling of the economy and demanded stimulus package towards employment generating activities in labour intensive sectors. On a day when senior Bharatiya Janata Party (BJP) leader and former finance minister Yashwant Sinha trained his guns against the government's economic policies, a Sangh-affiliate Bhartiya Mazdoor Sangh (BMS) also hit out at the Modi government. The RSS affiliate criticised the Modi government's handling of the economy, called...
More »Modi's Saubhagya scheme to provide 40 million electricity connections: Some hype, some confusion -Nitin Sethi
-Scroll.in A scheme to give India’s poor people free power connections has been in operation since 2005. But the capacity to provide 24x7 power is still a dream. On Monday, Prime Minister Narendra Modi launched the “Pradhan Mantri Sahaj Bijli Har Ghar Yojana” or the Saubhagya scheme to provide electricity connections to Indians who do not have them. “The government will connect each house, whether it is in village, a city or...
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