New drug pricing policy proposes bringing all essential medicines under price control, but makes them expensive After years of dilly-dallying and several Supreme Court reminders, the Centre has proposed to bring all essential drugs under price control. But the policy is nothing but hogwash. Its pricing mechanism would make essential medicines out of reach for most people. Public health experts have termed the draft National Pharmaceutical Pricing Policy of 2011 a...
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Court won't interfere with petroleum deregulation
-The Hindu Making it clear that it will not go into the policy mechanism of deregulation, the Supreme Court on Friday declined to entertain a public interest writ petition questioning the repeated hike in the price of petroleum products. Chief Justice S.H. Kapadia told counsel Upamanyu Hazarika, appearing for the All-India Youth Federation, “We cannot decide on pricing. It is a policy and legislative matter. We will not interfere in it. The...
More »Urgent need to curb price rise: NCP, TMC to Govt
-CNN-IBN Pressure seems to be building on the UPA government from it allies like the NCP and Trinamool Congress to check the rising prices. NCP chief Sharad Pawar said that there was an urgent need to curb price rise. "There is an urgent need to check rising prices. The UPA partners are also feeling its impact," Pawar said. Trinamool Congress leader Mukul Roy echoed Pawar's sentiment saying that the TMC was also raising...
More »Mayawati trashes MNREGA scam charges, calls Rahul's concern for weavers politically motivated by Ashish Tripathi
Rebutting union rural development minister's allegation of corruption in implementation of MNREGA in UP, chief minister Mayawati on Saturday said that the accusations are politically motivated and misleading. As per the evaluation of MNERAGA cell of the union government, UP has been among the best performing states in last four but all of sudden the corruption charges have cropped up, she said, which shows that there is more politics than genuine...
More »Rein in drug prices, SC tells govt
-The Telegraph The Supreme Court today asked the Centre to ensure that drug prices go down, not up, if and when a new price control policy comes into force. “prices may go down but should not go up because of policy,” Justice S.J. Mukhopadhyay, sitting alongside senior judge G.S. Singhvi, said. “Bring it down, don’t escalate it in the name of policy,” the bench told additional solicitor-general Parag Tripathi, who was speaking...
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