“If an untrained person administers wrong medicine or gives a wrong dosage, it will prove dangerous for the people. Who will be held responsible? In states like Bihar, the problem is not limited to fake pharmacists but fake doctors also,” the apex court bench said....
Policy
Govt may remove penal offences covered under IPC from GST law
''Maximum sentence under section 420 of IPC for cheating cases is 7 years, whereas the same is ring-fenced to 5 years in GST code. With this change, deceitful taxpayers could be charged for up to 7 years of imprisonment under section 420 of IPC, irrespective of the...
Health ministry includes coronary stents in National List of Essential Medicines, 2022
Several anti-cancer drugs, antibiotics and vaccines were among 34 new additions to the National List of Essential Medicines released on September 13, taking the total number of drugs under it to 3 New Delhi: The Union health ministry has notified the inclusion of...
Govt raises maximum tenure of PSU banks’ CEO to 10 years
As per a government notification dated November 17, 2022, the term for the appointment has been extended to 10 years, from the earlier 5 years, subject to superannuation age of 60 years The decision of the government would help banks to retain the talent who rise to...
Govt proposes penalty of up to Rs 500 cr for data breach under Data Protection Bill
The draft bill, renamed as The Digital Personal Data Protection Bill, 2022, has laid out the conditions for collecting data and the consent of the people whose data would be processed. New Delhi: The government has raised the penalty amount to up to Rs 500 crore for...
India submits long-term strategy to achieve net-zero target by 2070
Bhupender Yadav,Union Environment Minister India's approach to low-carbon development is based on four key considerations -- low historic contribution to global warming, energy needs for development, commitment to low-carbon growth according to national circumstances...
Climate justice gets harder as world population passes 8 billion
These are also among the countries most vulnerable to climate impacts, and most in need of climate finance. In sub-Saharan Africa, where some 738 million people already live without adequate food supplies, the population is projected to jump by 95% by mid-century,...
India’s urban infrastructure needs $ 840 billion investments over next 15 years: World Bank
By 2036, 600 million people will be living in urban cities in India, representing 40 per cent of the population. "Cities in India need large amounts of financing to promote green, smart, inclusive, and sustainable urbanization. Creating a conducive environment for...
Microfin industry needs $100 bn to promote green livelihood: Jayant Sinha
Jayant Sinha,Chairman,, Parliamentary Committee on Finance ''Out of the 500 million workforce in India, 400 million are in the informal sector. This informal sector workforce is those who hugely benefit from the microfinance sector.The task in hand for the...
Global debt levels rose ‘substantially’ in 2021 – World Bank’s Malpass
David Malpass, Presidnt,World Bank President IMF and World Bank officials say 25% of emerging market and developing economies are in or near debt distress, and the number rises to 60% for low- and middle-income countries. Climate shocks, interest rate increases and...