Newspaper analysis from The Hindu bearing
relevance to Civil Services preparation
- 4.2 per cent growth in July – Index of Industrial Production (IIP) grew by 4.2 per cent in July which is second best to June only since February. 4.7 per cent growth in manufacturing sector; capital goods production also saw a turnaround while consumer durables registered a double digit growth.
- ‘Generics to double in five years’ – The approval of generic medicines by USFDA and 21 drugs losing patent by 2019 brings about favourable environment for growth of genrics in next 5 years. Fuelled by cheap labour,patent cliff for imprtant drugs and prevelance of lifestyle disease will help generics account for 85% in pharma sector. key initiatives announced by Government to include price control policies and the revision of Jan Aushadhi campaign, the market is likely to show a notable incline in the penetration of generics.
- Advantage Tamil Nadu – The article looks into how Tamil Nadu has underplayed its growth potential which led to investors turning to other state. The closing down of Nokia and power woes added to this misery. But with its first global investors meet Tamil Nadu looks to overturn the stride in its favor.
- The perils for Yemen – The editorial looks into humanitarian crisis that Yemen is facing due to continuous bombing of Yemen by Saudi Arabia. The bombing has led to loss of many human lives as well as destruction of infrastructure and import restriction in Yemen. The reality of air strikes as told by Saudi Arabia seems to be different on ground. The strikes seems to target Houthis, who are Shias and thus more closer to Iran.
- A visionary on water issues – Ramaswamy R. Iyer passed away on September 9 in Delhi. The editorial looks into the life and works of Mr. Ramaswamy R Iyer. His contribution is mostly to river water disputes and water sharing. He was the vociferous critic of interlinking of rivers in India.