-The Hindu To march to Parliament Street on November 30; Opposition leaders to address rally. Durgam Chinna’s life turned upside down last October, when her 40-year old husband Venkatayya was found dead in his cotton fields in the village of Ankushapur, in the Jayashankar district of Telengana. Faced with mounting debts which had touched ?8 lakh, the tenant farmer consumed pesticide. For his widow and three children, his death was just the beginning...
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Why India's New GDP Math Lacks Credibility -MK Venu
-TheWire.in The new back-series GDP data, released four months before the 2019 general elections, fails several common sense tests. India’s back-series GDP (gross domestic product) data, released by the NITI Aayog just four months before the 2019 general elections, turn the basic laws of macroeconomics on their head. Here’s one that is most intriguing. The data show lower GDP growth during the UPA years, which is when the gross investment to GDP...
More »Jan Aushadhi shops can replace branded drugs with generics -Sushmi Dey
-The Times of India NEW DELHI: To promote low-cost generic medicines, the government’s top drug regulatory board has allowed Jan Aushadhi Kendras — which are like fair PRIce shops for medicines under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana — to substitute doctor’s prescription with a generic brand. On Thursday, the Drugs Technical Advisory Board cleared a proposal to amend a rule under the drugs law. “This proposal asking permission for chemists to...
More »Overseas markets wipe away tears of onion traders hit by low domestic PRIces -Amrita Nair Ghaswala
-The Hindu Business Line Mumbai: Onion exports have picked up on firm overseas demand even as domestic PRIces continue to rule low, as the new crop hits the markets in the backdrop of huge carry forward stocks. Experts attribute the pick-up in demand over the past few months to a lower global output due to changing climatic conditions. Ganpat Vaishnav, owner of Ganesh Impex, moved to exporting onions over the last three months,...
More »Demonetisation a massive, draconian, monetary shock: Arvind Subramanian
-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded PRIor to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of PRIme Minister Narendra Modi, he says that he does not have a strongly-backed...
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