-Business Standard Indian and other generic drug firms face prospect of US legislature debating compensation for undue price rises Indian generic drug makers might, if a proposed US law comes about, need to pay a rebate to the federal Medicaid programme there when prices of their medications outpace inflation. A Bill is to be introduced in the US Senate by a member, aimed to cushion the impact on taxpayers in this manner...
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Policy Watch: Food & water crisis ahead -RN Bhaskar
-DNA India's rising affluence and water profligacy could trigger a food crisis very soon At first blush, there is a lot to be cheerful about. India's index of industrial production has resumed its climb. Stalled projects are being dusted and revived. There is a good chance that employment figures, too, will begin rising by the end of the next quarter. Then there is more good news. Per capital GDP (Gross Domestic Product)...
More »Don't Make Fortune Out of Poor: Rajan to Micro Lenders
-Outlook Mumbai: Asking micro-lenders to look at only a "reasonable profit" to sustain their business while serving borrowers at the bottom of pyramid, RBI Governor Raghuram Rajan has said that one should not think of making a fortune while serving poorest of the poor. The comments come in sharp contrast to management guru late CK Prahalad's views in his book The Fortune at the Bottom of the Pyramid. The concept of the fortune...
More »Cotton farmers hit by falling prices, rising input costs and China’s import squeeze -Gopal B Kateshiya & Vivek Deshpande
-The Indian Express Rajkot/ Nagpur: For Kanaksinh Jadeja, Arvind Bhoyar and Rubhash Jakhar, cotton symbolised hope and a reason to believe there was still a future in agriculture. All three farmers - from Panchiyavadar in Gondal taluka of Rajkot (Gujarat), Ashi in Warora tehsil of Chandrapur (Maharashtra) and Patrewala in Fazilka (Punjab) respectively - made decent money over the last 10 years by growing cotton. They were helped by two factors. The first...
More »Banking on a flimsy promise -Jitendra
-Down to Earth The government is clueless about incentives it has promised under its Pradhan Mantri Jan Dhan Yojana to bring every family under the formal banking system ON AUGUST 15, when Prime Minister Narendra Modi announced extending the financial inclusion plan of the former UPA government and renamed it Pradhan Mantri Jan Dhan Yojana (PMJDY), he was well aware of its limitations. Though launched in 2010, the plan had miserably failed...
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