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Bihar tops in per capita income growth ranking-Manas Chakravarty

-Live Mint The top 15 fastest growing states with a net state domestic product at constant (2004-05) prices for fiscal 2011-12 Should the country emulate the Nitish Kumar model of development? Or a Shivraj Singh Chauhan or a Oommen Chandy model? Going by the growth in per capita income, why not have a Maharashtra or Prithiviraj Chavan growth model? The chart shows the growth in per capita net state domestic product at...

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CAG report punches holes in ICDS programme

-The Times of India A decade after a CAG audit revealed how a scheme to help infants and young children was failing, a fresh report tabled in Parliament on Tuesday says the number of malnourished children exceeds the 40% mark in 10 states as on March, 2011. The audit of the flagship Integrated Child Development Services (ICDS) says 49% children in Andhra Pradesh, Bihar (82%), Haryana (43%), Jharkhand (40%), Odisha (50%), Rajasthan...

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The taxman is watching, says FinMin-Remya Nair

-Live Mint Govt reiterates it will crack down hard on tax evaders, defends steps introduced in Finance Bill to check evasion The government on Tuesday reiterated its intention to crack down hard on tax evaders and defended some of the stringent provisions introduced in the Finance Bill last week to check evasion, including granting wider powers of arrest to taxmen and making certain offences non-bailable. Finance minister P. Chidambaram, in his budget speech...

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Govt likely to go for pension universalization-Elizabeth Roche and Kirthi V Rao

-Live Mint Move may help the Congress renew its appeal to a traditional constituency; activists raise objections In yet another move that the ruling Congress Party hopes will help renew its appeal to a traditional constituency, the ministry of rural development has indicated it is likely to accept the recommendations of a panel that has suggested the universalization of pensions. The task force headed by Planning Commission member Mihir Shah was set up...

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Natco Pharma wins cancer drug case-R Sivaraman

-The Hindu Bayer's plea dismissed by the Intellectual Property Appellate Board The Intellectual Property Appellate Board (IPAB) on Monday upheld the grant of compulsory licence (CL) to the Hyderabad-based Natco Pharma Limited, a generic drug maker, to produce and market Nexavar, a patented cancer drug of multinational pharma major Bayer Corporation. The order will pave the way for reduction in the prices of costly life saving drugs. Disposing an appeal filed by Bayer...

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