-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...
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Revised MGNREGA wages put States in a quandary
-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...
More »Cap profits, cut drug prices: Panel -Sushmi Dey
-The Times of India NEW DELHI: In a move that could significantly bring down prices of expensive medicines, a high-level committee has recommended capping of trade margins for costly drugs at 35% of MRP (Maximum Retail Price). The recommendations - part of a report submitted by an inter-ministerial committee - have been put in the public domain by the Department of Pharmaceuticals, inviting comments on the suggestions. The committee was set up...
More »Drug pricing: a bitter pill to swallow -Feroze Varun Gandhi
-The Hindu Medicines remain overpriced and unaffordable in India. In a country mired in poverty, medical debt remains the second biggest factor for keeping millions in poverty. The international pharmaceutical industry has found its cash cow in India’s beleaguered consumers. With a minimum wage of Rs.250/day for a government worker, a basic wage worker afflicted with a chronic disease like multi-drug-resistant tuberculosis faces penury. His treatment, with drug combinations, which works out...
More »For agriculture sector, it is going back to control raj days -Harish Damodaran
-The Indian Express The Central government’s move to fix cotton seed prices and trait fees sends wrong signals. 2015 will go down as a year that has seen all the rules of free trade being given the go-by when it comes to agriculture. The lead for it, significantly, has come from the Centre, whether in the form of not allowing exports of onion at below $ 700 a tonne or imposing stockholding...
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