-The Times of India Overuse of antibiotics has led to a situation in which even simple infections acquired outside the hospital are turning drug-resistant. This has been revealed in a recent study conducted by a city private hospital on ICU patients. It showed that nearly one-fourth of all admissions due to infection of the urinary tract, pneumonia or blood stream infection were community-acquired which means that these people contracted the drug-resistant...
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No wealth tax on farm land, says Chidambaram
-The Hindu Minister relaxed tax benefit-related residency norms for foreign investors Finance Minister P. Chidambaram on Tuesday allayed apprehensions over the imposition of wealth tax on agricultural land within urban area limits to provide a big relief to farmers, especially in Haryana and Punjab. Mr. Chidambaram relaxed the tax benefit-related residency norms for foreign investors routing funds through countries such as Mauritius and lowered the withholding tax rate to five per cent from...
More »Blame Govt for high wheat prices -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line The general tendency among Indian policy makers currently is to blame international price movements for the rise in prices of essential food items in India. The extent to which this claim is valid is assessed by examining the specific case of wheat. It is no secret that Indian food prices are increasingly affected by international prices. Ever since 2002, when all quantitative restrictions on Indian imports of agricultural...
More »Freedom that must have limits-Vaishna Roy
-The Hindu "Freedom without limits is just a word" -Terry Pratchett Kamlesh Vaswani's PIL seeking to ban the viewing of pornography and make it a non-bailable offence has raised eyebrows. Columnists and social media commentators have greeted the idea with shock, raising issues such as social liberty, sexual freedom, and the fact that the mere banning of pornography might not bring down the incidence of rape. On the surface of it, this sounds...
More »The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury
-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...
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