-The Hindu They advise against Covaxin, say there is no proof of efficacy. Several experts have raised concern over the “hasty approval” granted to the COVID-19 vaccines despite the lack of adequate efficacy data. The Central Drugs Standard Control Organisation on Sunday accorded approval for restricted emergency use of the Oxford COVID-19 vaccine Covishield, manufactured by the Serum Institute of India (SII), and the indigenously developed vaccine Covaxin of Bharat Biotech. “I’m completely unaware...
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Separating the wheat from the agri-policy chaff -Biswajit Dhar
-The Hindu In the farm laws debate, the focus should be on the exchequer-farm subsidies issue and the spending on farm subsidies In the on-going debates around the three new pieces of agricultural legislation and the farmers’ demand for continuation of minimum support prices (MSP), questions have often been raised whether the government should be using the taxpayers’ money to provide subsidies to the farming community in this country. However, logically, two...
More »The anatomy of a stock market bubble staring India in the face -Vivek Kaul
-Livemint.com Easily buyable shares, a gush of cheap money and a burst of speculation have over-inflated prices On 18 December, the price to earnings (PE) ratio of the Nifty 50 stock market index reached an all-time high of 37.84. This was around 87% higher than the average PE ratio of 20.26 since 1 January 1999. The PE ratios of the Nifty 50 and other broader indices continue to remain at extremely high levels....
More »Farm Laws: How Bihar’s Peasantry was Pushed to the Brink after APMCs were Scrapped -Tarique Anwar
-Newsclick.in Eradication of the APMC-regulated mandi system and the entry of private players led the farming community to losing a favourable marketplace. Farmers were left with no option but to sell their produce to private procurers at throwaway prices. New Delhi: The nationwide protests against the three contentious Farm Laws enacted by the Centre has brought Bihar into focus. It is a state where new regulations for agricultural produce and its storage,...
More »Economic revival beating predictions: RBI bulletin
-The Hindu “Economic conditions continued to improve through November on the back of the uptick in agriculture and manufacturing,” RBI officials say in an article in the central bank’s monthly bulletin. There is now more evidence to show that the Indian economy “is pulling out of COVID-19’s deep abyss and is reflating” at a pace that beats most predictions, RBI officials, including Deputy Governor Michael Patra, said in an article in the...
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