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New pharma policy to cap prices of 60% drugs by Namrata Nandakumar & CH Unnikrishnan

India’s new pharmaceutical policy seeks to bring at least 400 essential medicines—or 60% of the drugs sold in the country—under the government’s pricing control. The department of pharmaceuticals on Friday put out a draft policy, pending since 2005, after a committee prepared a list of essential medicines, laying down new rules governing drug pricing. Currently, the government controls the prices of only 34 essential medicines. The draft says the policy, to be finalized...

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Left out on poverty line, Selja protests by Sobhana K

The controversy over the Rs 32-a-day poverty line ceiling appears to have kicked off a minor storm in Congress corridors, with one minister upset that a colleague had hogged the limelight. Kumari Selja, the minister for housing and urban poverty alleviation, has accused the Planning Commission of ignoring her ministry during the controversy while Jairam Ramesh, her colleague in the rural development ministry, had appeared at a media conference called by...

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Seasonal variations in food prices dropped: RBI study

-The Economic Times   If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand.  Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...

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World hunger report 2011: High, volatile prices set to continue

-FAO   Food price volatility featuring high prices is likely to continue and possibly increase, making poor farmers, consumers and countries more vulnerable to poverty and food insecurity, the United Nations' three Rome-based agencies said in the global hunger report published today.    Small, import-dependent countries, particularly in Africa, are especially at risk.  Many of them still face severe problems following the world food and economic crises of 2006-2008, the UN Food and...

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Avahan’s contribution to HIV control significant: study

-AP   An estimated 100,000 people in India may have escaped HIV infection over five years thanks to one of the world’s biggest prevention programmes, an encouraging sign that targeting high-risk groups remains vital even as more donors focus on treatment, a new study suggests. While the initial findings regarding the $258 million Avahan project, funded by the Bill & Melinda Gates Foundation, come with large uncertainty due to data limitations and Methodology,...

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