-The Hindustan Times In recent years, there has been a constant stream of international attention given to the Indian middle class. Thanks to the expansion of this class, India's image has dramatically changed since the 1990s. Instead of the narrative about grinding poverty, India is now seen as the heart of new capitalism that is associated with high rates of growth as well as the consumerist elite and middle classes. The...
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Food sector reform: Tackling the runaway food inflation train
-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
More »London School of Economics hails Bihar's bicycle policy -Kounteya Sinha
-The Times of India LONDON: London School of Economics' Ideas for Growth conference on Monday haiLED the Bihar government's 'bicycles-to-girls' policy as one that can be imitated globally. Bihar witnessed a 30% increase in school attendance by girls in just one year, thanks to the bicycles policy. With a high school dropout rate among girls, the state government had rolLED out the policy under which every 14-year-old schoolgirl was given money to...
More »New drug policy forces many pharmacies to shut shop -Raji Reddy Kesireddy
-The Economic Times HYDERABAD: Numerous pharmacies - especially those operating on rented space - are shutting down across the country, hurt by a sharp decline in margins after the introduction of a new pricing policy for medicines and intense competition from bigger players. The new Drug Price Control Order (DPCO), which was notified on May 15, has made the prices of some 150 drugs fall steeply. Under this, companies and retailers are...
More »Why Horlicks ad claim on boiLED milk is hard to digest
-Down to Earth Claim by GlaxoSmithKline that makes the milk supplement harps only on one aspect of study, which incidentally is funded by another multinational-Nestle A Horlicks advertisement that harps on how milk loses nutrients upon boiling in order to promote the milk supplement does not appear to be based on independent research. It turns out that one of the studies cited by the makers of Horlicks has been funded by Nestle...
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