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Current Events Chronology: Economy Compilation Jan-July 2014


Dear friends,

The importance of current affairs has increased in the recent years. As a result, we spend a lot of time reading and researching the newpapers and magazines. We have compiled important news and current events for the months of January to mid-July, to help the fellow aspirants prepare for the exams.

This is the Economy section of the news and events for the months of January to mid-July 2014. We will update and cover the coming months soon.

Hope it will be helpful for the fellow aspirants in their jouney to the UPSC.

Thank you for your support and appreaciation.

All the material related to the current events have been placed, in a revised form in a chronological order. This will help you know about the events in a systematic order.

Here is a sample of events that the file would cover:

Pharmaceutical Sector

09/01/14

FDI in Pharmaceutical Sector– The government has decided to continue with 100% FDI in pharmaceutical sector. However, to avoid the cases of acquisitions that are not in the interest of the economic availability of essential drugs, the Foreign Investment Promotion Board (FIPB) would decide the non-compete clause in special cases. The decision was taken after cases of acquisitions of Indian pharmaceutical firms by foreign companies.

27/04/2014

Pharmaceutical traders have demanded the restoration of the margins to pre-July 2013 levels. The Drug Price Control Order (DPCO) had reduced the prices of several drugs, by setting the ceiling prices for them, under the National List of Essential Medicines (NLEM).

26/06/2014

Pharmaceutical industry is disturbed by the government’s proposal to increase the number of medicines under price control.

The Drug Price Control Order (DPCO) 2013 controls the prices of about 348 medicines deemed essential under the National List of Essential Medicines (NLEM). Drugs under NLEM constitute about 20% of the total market share of medicine.

Download Current Events Chronology Economy [pdf]

Click here to see the compilation of Miscellaneous News and Events [January to mid-July)

Click here to see compilation of Science and Tech. (January to mid-July)

Click here to see compilation of Polity related News

Click here to see compilation of Environment related News (January to mid-July)

Click here to see compilation of Defense related News (January to mid-July)

All the Best

Team Aspirant Forum

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About aspirantforum

a curious mind, eager to share and spread what is known.

7 responses to “Current Events Chronology: Economy Compilation Jan-July 2014”

  1. Aniket says :

    Great work Man..Keep it up

    Like

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