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Slowdown in rural wages not a temporary phenomenon -Ishan Bakshi

-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...

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The Questions We Should Be Asking Frequently About the Land Acquisition Act -Usha Ramanathan

-GRISTMedia.com In the course of my work as part of a team set up to look into the socio-economic status of Adivasi communities, there were several things I learned about the Land Acquisition Act, 2013, and the amendments to it. Here are some important questions about land and the Act that we should be asking: * What is the State's relationship to land and its citizens? This a key question - and one...

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US offers clean energy assistance

-The Telegraph New Delhi: The US today pledged financial and technical assistance to help India expand its renewable energy programme, monitor air quality over its cities and improve India-specific climate forecasts among new initiatives on energy and climate. A joint statement issued tonight after delegation-level talks led by Prime Minister Narendra Modi and US President Barack Obama outlined proposed actions that could help India curb its growth of greenhouse gas emissions and...

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Reduce food security benefits from 67% to 40% population, says panel on restructuring FCI -Jitendra

-Down to Earth Shanta Kumar committee report recommends privatisation, outsourcing and cash benefit transfer to cut food procurement and distribution costs The high level committee set up to look into the restructuring of Food Corporation of India has recommended reducing the number of beneficiaries under the Food Security Act-from the current 67 per cent to 40 per cent. It has also recommended allowing private players to procure and store food grains, stopping...

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Govt may negotiate price of drugs before market entry -Sushmi Dey

-The Times of India NEW DELHI: The government may negotiate prices of patented medicines with their manufacturers before allowing pharmaceutical companies to launch them in India. The move, a first of its kind, is also likely to be applied on patented drugs that are already being sold in the country, an official source said. An inter-ministerial committee, evaluating the mechanism to negotiate prices of patented medicines, has recently sought detailed information about...

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