-The Economic Times NEW DELHI: The government's earnestness to change the lives of millions untouched by high-street banks is being tested with a proposal from its own department of posts. Armed with an amazing network of offices, the department has sought Rs 1,900 crore from the Centre to launch a bank that would connect with the aam aadmi in Indian villages and far-flung areas where few institutional lenders have a presence. Financial...

-The Hindu The current market prices are essentially over and above the actual cost of production - a difference that could run from 100 per cent to 5,600 per cent, depending upon various therapeutic categories In a liberalised market economy, do we need price controls on drugs? Policymakers and the pharmaceutical industry do not think so. They believe that price controls are an inefficient tool that distorts resource allocation, squeezes revenue, reduces...

-The Hindu     The State population stands at a little over three crore, but average consumption of drugs is three times the national average In Kerala, where people have a marked preference for branded drugs, where the most expensive brand is considered the best, and only those brands pushed by doctors sell, the new Drug (Prices Control) Order, which is expected to cut prices by 20-25 per cent, may not have much of...

-PTI Survey said 27% of respondents had paid a bribe, the most direct experience of corruption for a person, with police the most often bribed institution One in four people paid a bribe in dealing with public services and institutions in the past year, according to a global corruption survey. In the world's largest assessment of public opinion on the subject, Transparency International found that political parties are considered the most corrupt institutions,...

-The Indian Express The Supreme Court has delivered a sterling judgment on convicted legislators. It could have gone further Democracy is a basic feature of our Constitution. The entry of people with colourful criminal antecedents in Parliament or statelegislatures is a menace to our democracy. The figures for criminals in Parliament and state legislatures are staggering. They touch 30 per cent of the members in the Lok Sabha and 31 per cent...