-The Economic Times NEW DELHI: Getting better is getting cheaper. The new drug price policy, the first after 18 years and expected to fully come into effect over the next six months, will reduce average middle class household spend on medicines by over 20%. For some crucial medicines, savings could be as much as 50% or more. The drug price regulator is crunching numbers to measure the impact of the new pricing...
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Solar energy startups out to power rural India with cost-effective and less toxic solutions -Biswarup Gooptu
-The Economic Times NEW DELHI: Numerous solar energy startups are delivering cheap and accessible power to rural India. These ventures have come up with solutions - ranging from solar off-grids to solar-powered home systems - that are not just cost-effective but also less toxic than traditional fuels like kerosene. "In a country, where large swathes of population have little or unreliable access to basic power, off grids is the solution," said Shyam...
More »Food sector reform: Tackling the runaway food inflation train
-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
More »Rajan panel wasn't unanimous in framing underdevelopment index
-The Business Standard Panel member questioned the choice of sub-components There is some consolation for Bharatiya Janata Party's prime ministerial candidate and Gujarat Chief Minister Narendra Modi: Not everyone in a panel headed by Reserve Bank of India Governor and former chief economic advisor Raghuram Rajan had favoured the inclusion of Gujarat in the list of less developed states. Economist and social scientist Shaibal Gupta, a member of the panel, had dissented and...
More »Malnutrition, not hunger, ails India -Arvind Virmani and Charan Singh
-Live Mint According to Unicef, India houses one-third of the stunted, wasted and malnourished children of the world Malnutrition is a persistent problem in India, though it is often confused with hunger. According to the Food and Agriculture Organization (FAO), about 18% of India's population was undernourished in 2012. Undernourishment is the main cause of children's deaths, and according to the United Nations Children's Fund (Unicef), India houses one-third of the stunted,...
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