India's health industry was crippled back in 2008, when the then Health Minister Anbumani Ramadoss decided to shut down three public sector vaccine units — to give contracts to a private firm. Two years back when the three public sector vaccine units were shut down, it led to a shortage of critical vaccines like BCG, DPT and Anti TB vaccines in India. CNN-IBN has accessed the probe report, which has found...
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Food Safety & Standard Act to be notified soon: Minister
The government is expected to notify new rules on food safety in December to regulate manufacture, sale and import of food items. “Ministry has already finalised the rules and regulations for the implementation of the food safety and standards act (FSSA), 2006 and the draft will be notified by December for the public consultation,” the Minister for Health and Family Welfare, Mr Ghu lam Nabi Azad told PTI. This will pave...
More »The ugly underbelly of Microfinance by Roli Srivastava, Swati Bharadwaj-Chand & Partha Sinha
SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...
More »Labour disputes rock Detroit of India
The city has come to be known as the Detroit of India for its large concentration of automakers, but a series of labour disputes have rocked it, putting a question mark over industrial peace. Car markers such as Hyundai Motor India, German luxury car maker BMW and Ford Motor India besides Finnish handset manufacturer Nokia India have set up their plants on the city outskirts employing more than 23,000 people. As...
More »Biotech route to help curb food shortage by Gyanendra Shukla
Two walls of extremes are closing in fast on mankind. The spectre of climate change threatens agriculture, especially in developing countries where farming is dominated by smallscale farmers heavily relying on rainfall. Along with this, is the scourge of burgeoning population, which is likely swell to 9 billion in the next 40 years. According to the Food and Agricultural Organisation (FAO), about 14% of the 6.5-billion world population are affected by...
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