-Hindustan Times India’s below-average and a largely flat food production this year is sure to keep prices of pulses high, prompting the government to take a slew of steps aimed at taming prices. Yet there is widening demand-supply deficit of one of the commonest protein item on an average Indian’s plate. * What happened? Lentils, the commonest protein item in an average Indian’s meal, are low on supplies. * What does it mean? Pulses could...

-The Times of India NEW DELHI: Drug pricing regulator National Pharmaceutical Pricing Authority (NPPA) has slashed prices of 54 essential medicines by up to 55%, including commonly used drugs for cancer (brain and breast), hypertension, diabetes, antibiotics and other heart disorders. The move is aimed at bringing down prices of commonly used drugs for critical diseases by expanding span of price regulation to cover new drugs, NPPA Chairman Bhupinder Singh told TOI. In...

-PTI State govts fear that the new rates would not be able to attract labourers because they are still below the existing minimum wages fixed by the states. The revised MGNREGA wages for the current fiscal announced recently have left various state governments in a quandary as they apprehend the new rates would not be able to attract labourers because they are still below the existing minimum wages fixed by the...

-Business Standard Lower output and inadequate policy are some of the reasons Price of pulses has once again started rising with chana trading at Rs 58 per kg in the wholesale market and tur dal set to touch Rs 200 per kg-level in the retail market. Apart from lower crop in India and globally, thoughtless use of policy tools has contributed to the price rise. Government agencies have created a buffer stock of...

-Hindustan Times India’s sugar and cotton output is showing signs of falling for the first time in five years and insufficient pulses production could keep prices high, early estimates showed in the midst of a crippling drought across a vast swathe of the country. However, the country will still have a surplus of cereals despite back-to-back drought trimming overall foodgrains output from normal-year levels. Sugar output is projected to fall between 8% and...