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Indian biotech aiming to be $100 billion sector by 2025: Shaw

-PTI NEEMRANA (RAJASTHAN): Indian biotechnology sector is looking to be a $100 billion sector by 2025, Biocon chief Kiran Mazumdar-Shaw said here on Saturday. "We want to make Indian biotechnology a $100 billion sector by 2025. I really believe this can be done if we have right policies in place, right resources and right investments," Biocon chairman and managing director Kiran Mazumdar-Shaw told PTI. She was speaking on the sidelines of the third...

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Questions about India’s drug industry-Narayan Lakshman

-The Hindu Unless a deeper, institutional change is ushered in to break the nexus between drug companies and the regulatory regime, Indians consuming drugs may be exposing themselves to serious risks Even before I walked into the Mayflower Hotel in the heart of Washington on a crisp autumn afternoon to meet Dinesh Thakur, whistle-blower and former director of India-based pharmaceutical giant Ranbaxy, I had a hunch that this conversation would spark some...

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In-Kind food Transfers-II: Impact on Nutrition and Implications for food Security and Its Costs -Himanshu and Abhijit Sen

-Economic and Political Weekly Part-II reports the impact of in-kind food transfers on nutritional intake as measured by calories. Econometric analysis using a simple calorie demand function confirms the significance of variables relating to public distribution system access, controlling for other covariates, in its contribution to calorie intake. Results also suggest that the calorie-elasticity of PDS transfers is twice as large compared to additional out-of-pocket income equal to the cash equivalent...

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UPA's Policies Given Good Results, Record Growth: PM

-Outlook Aizwal: Prime Minister Manmohan Singh today said that the UPA government's policies and programmes for rapid and inclusive growth are showing good results and the country has seen a record average economic growth in the last nine years. "The UPA government's policies and programmes for rapid and inclusive growth are showing good results. We have seen a record average rate of economic growth in the last nine years, which is higher...

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Panic buying in 3 states over rumours of salt shortage -Aloke Chatterjee

-The Hindustan Times Patna: Panic-stricken people in Meghalaya today rushed to grocery stores and purchased salt at exorbitant prices following wild rumours that the commodity was in short supply. In neighbouring West Bengal, similar rumours sent people in Siliguri, Darjeeling and Jalpaiguri districts rushing to stores and buy salt at Rs100-150 a kg since Thursday night. In Bihar, where it all started, the police arrested 21 persons on charges of hoarding and...

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