-The Economic Times Cash transfers will become a reality soon, and one area that the government is going to align with this mechanism is the Public Distribution System (PDS). While, prima facie, it appears to be a good idea, given that it removes quite a bit of inefficiency in the present system, there are certain issues that have to be addressed before we go in for the same as they could become...
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Aid pours in for Kejriwal's Aam Aadmi Party on debut -Jayashree Nandi & Prerna Sodhi
-The Times of India After over a year of campaigning, dozens of protests and exposes against ministers, Arvind Kejriwal officially entered the political arena on Monday. Negating the perception that only big parties can draw hefty funds, the newly launched Aam Aadmi Party collected more than 1.10 crore on the day of the launch, with former law minister Shanti Bhushan alone donating Rs 1 crore. Day one also saw supporters pitching in...
More »Now, once-a-week diabetes drug in the works -Kounteya Sinha
-The Times of India A once-a-week medicine for diabetics — a disease that affects nearly 63 million Indians — could soon become a reality. Studies on diabetes have seen a global upsurge, with the latest data showing that bio-pharmaceutical research companies across the globe are busy developing 221 innovative new medicines. The drugs, which will help around 347 million patients include new therapies that target key abnormalities of pancreatic cells, increase insulin secretion...
More »Farm trade paints an optimistic picture of the economy-Ashok Gulati and Surbhi Jain
-The Economic Times It has never happened since Independence. May be not even in the last 1,000 years what happened during October 2011-September 2012. India exported 10 million tonnes of rice, valued at around $6 billion, becoming the largest exporter of rice, replacing Thailand and Vietnam, generally the two largest exporters of rice. This is now known to many in rice circles. But what is little known is that in 2011-12, India also emerged...
More »Mega stocking by government pushing up food prices? -Surojit Gupta & Sidhartha
-The Times of India Stocking up of foodgrains by the government could be one of the major factors for the continuing surge in food prices, warn experts. Latest wholesale price data available on the industry department's website shows that wheat prices are up almost 20% in October compared to a year ago. That's at a time when the government is holding stocks of 42 million tonnes — three times the buffer stock...
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