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UPA defers Pension Bill after Mamata's veto

-The Times of India It was meant to showcase the government's new-found resolve to push the reforms agenda in order to stanch the declining growth rate and to repulse the perception of governance freeze. Instead, it ended up publicizing yet again the government's vulnerability as well as its reluctance to speed up decision making at the cost of angering allies on the eve of presidential poll.  The UPA on Thursday withdrew its...

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How PH Kurien took on global patents system to make very costly drug affordable for poor-Arvind Panagariya

It is said that only God and a few good men and women run India. One such man is P H Kurien. For readers unfamiliar with his name, Kurien was India's Controller General of Patents, Designs & Trade Marks until March 12, 2012. On March 9, 2012, just three days before he left office, he issued the first-ever compulsory licence in India for the manufacture of a drug still under patent....

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In India, an Inflation Dilemma -Anant Vijay Kala

Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an economy facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the economy may be facing a nightmare scenario of slowing growth and rising prices. On...

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The rot’s now setting in

-The Hindustan Times The government stocks a fifth of its grain out in the open, left to be washed by the monsoon. As the UPA’s most ambitious welfare programme — food security for poor Indians — is unrolled, more grain will be collected and allowed to rot unless warehouses are built to stock an additional 35 million tonnes beyond the 110 million tonnes of storage we already have, the Planning Commission...

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Left plans a front against UPA's reform bills-Nidhi Sharma

The Left Front has started mobilising the support of non-NDA and non-UPA parties to garner support against the Congress-led UPA government's move to push its economic reforms agenda with three much-delayed financial sector legislations. The Left Front will reach out to regional parties, including AIADMK, Samajwadi Party, Janata Dal (Secular), Biju Janata Dal and Asom Gana Parishad, to gather numbers against the legislations. Despite reservations expressed by UPA ally Trinamool Congress,...

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