-The Hindu The current market prices are essentially over and above the actual cost of production - a difference that could run from 100 per cent to 5,600 per cent, depending upon various therapeutic categories In a liberalised market economy, do we need price controls on drugs? Policymakers and the pharmaceutical industry do not think so. They believe that price controls are an inefficient tool that distorts resource allocation, squeezes revenue, reduces...
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Kerala tackles prejudice and prices -C Maya
-The Hindu The State population stands at a little over three crore, but average consumption of drugs is three times the national average In Kerala, where people have a marked preference for branded drugs, where the most expensive brand is considered the best, and only those brands pushed by doctors sell, the new Drug (prices Control) Order, which is expected to cut prices by 20-25 per cent, may not have much of...
More »Much ado about little-TN Ninan
-The Business Standard Many myths surround the new 'food security' law Back in the 1980s, the government distributed an average of nearly 16 million tonnes of foodgrain each year through the public distribution system (PDS). The 1990s saw an increase in the PDS throughput to just over 17 million tonnes. The striking change came in the decade of the "noughties", which saw the annual figure climbing to around 20 million tonnes, then...
More »Rains, incomes & food: Good monsoon this year is bad news for India -Himangshu Watts
-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...
More »Prof. Sukhpal Singh, Centre for Management of Agriculture, IIM Ahmedabad interviewed by Anupama Katakam
-Frontline Professor Sukhpal Singh, a faculty member of the Centre for Management of Agriculture at the Indian Institute of Management, Ahmedabad, has been researching and documenting the process of contract farming and food supply chains in India for more than a decade. He is of the view that the small farmer is being excluded in the method currently in place, which defeats the very purpose of improving Indian agriculture. Sukhpal Singh,...
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