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Destructive? Yes. Creative? Ahem -Devadeep Purohit

-The Telegraph BJP invokes Schumpeter, economists bewildered Calcutta: Economics lore has it that Joseph Schumpeter had set three goals in life: to be the world's greatest economist, Austria's greatest horseman and Vienna's greatest lover. The Austrian-American economist apparently accomplished two of the three missions but never said which two, other than offering a clue by hinting there were too many fine horsemen in Austria. A fourth goal - unrecorded by the late economist...

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Govt okays policy to ensure hiked MSP

-The Tribune Incentivises ethanol produce to cut crude oil dependence New Delhi: Aiming to reap electoral dividend in the upcoming elections, the government on Wednesday approved a new umbrella scheme to roll out its hiked MSP for farm produce under “Pradhan Mantri Annadata Aay Sanrakshan Abhiyaan” (PM-ASHA) for which it has earmarked Rs 15,053 crore. It has also decided to incentivise ethanol production in a bid to reduce crude oil dependence at a...

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Greenhouse gas emissions from Indian paddy fields very high: study

-PTI “The full climate impact of rice farming has Been significantly underestimated,” says lead author Rice farming across the world could be responsible for up to twice the level of climate impact relative to what was previously estimated, according to a study conducted in India. The study, published in PNAS, found that intermittently flooded rice farms can emit 45 times more nitrous oxide as compared to the maximum from continuously flooded farms...

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Centre bans 328 combination drugs in setback for pharma companies

-PTI The president of the Indian Drug Manufacturers' Association said the order would have an impact on a market worth an estimated 16 billion rupees a year for such drugs, which are produced by both small and large pharma companies. New Delhi: The Indian government has banned 328 combination drugs in a blow to both domestic and foreign pharmaceutical firms, but the ban has Been cheered by health activists worried about growing...

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Women suicide rate alarm -GS Mudur

-The Telegraph Young adults too take lives in high numbers New Delhi: India accounts for more than a third of global suicide deaths among women, according to a study released on Wednesday. The study has also corroborated earlier findings that suicide is the top cause of death among Indians aged between 15 and 39 years. "Young adults are taking their own lives in alarmingly high numbers, constituting a public health crisis," lead researcher Rakhi...

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