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Many essential drugs priced much higher than manufacturing cost: WHO -Sushmi Dey

-The Times of India NEW DELHI: Around 40% of the essential medicines in India with lowest MRP are priced significantly higher than estimated production costs, an assessment by the World Health Organisation (WHO) shows highlighting the “exorbitant” profiteering by pharmaceutical companies and the scope for lowering prices of drugs. While innovative and newer drugs for cancer, hepatitis C and rare diseases are out of reach of many due to their unaffordable prices,...

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Food inflation falls to lowest level since 1991 -Surojit Gupta

-The Times of India Average food prices in 2018-19 were almost the same as they were in 2017-18—a phenomenon not seen for at least 27 years. An analysis by credit rating agency Crisil shows food inflation measured by the consumer price index rose only 0.1% in 2018-19. The last time annual food inflation had fallen below 1% was in 1999-2000. Economists attribute low food prices to a string of factors including bumper...

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MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)

-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...

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MS Swaminathan, father of Green Revolution, interviewed by Vishwanath Kulkarni (The Hindu Business Line)

-The Hindu Business Line Eminent agriculture scientist MS Swaminathan, Chairman of the much discussed Farmers’ Commission whose report mooted an MSP at 50 per cent above cost, feels that income support can be given in the form of free inputs or higher procurement as well. While welcoming ‘PM-Kisan’, he says cash transfer should not become a form of patronage and that the focus should shift from loan write-offs to long-term policies....

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Managing India's sugar surplus -N Madhavan

-The Hindu Business Line As the sector pays the price for governments’ populism, it is time for an all new approach Earlier this month, Australia and Brazil dragged India to the WTO for its market-distorting policies on sugar. Their contention was that the subsidies, including the extent of farmer assistance, far exceeded the norms set by the WTO resulting in higher sugar production/exports which dampen the international prices and, consequently, hurt their...

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