India's efforts to produce and supply life-saving drugs at affordable prices face challenges from multinational companies trying to “evergreen” their patents. THE average life expectancy across the globe has increased from around 30 years a century ago to over 65 years today. This has been made possible in large part by modern medicine. Never before in history have humans had access to such an array of medicines and devices to...

India's decision this month to produce Germany-based multinational Bayer's anti-cancer drug Nexavar, in the first use of "compulsory licensing" in South Asia, will save lives but also raises intricate questions. Under the compulsory licensing process, a government can under World Trade Organization (WTO) rules bypass a patent owner's rights after three years and order the manufacture and sale of life-saving medicines at much cheaper cost than by obtaining the medicine from...

The government introduced a retrospective clarification to the Income-Tax (I-T) Act, 1961, virtually amending the law to ensure that cross-border transactions such as the $11.08 billion (around Rs55,735 crore today) Vodafone-Hutchison deal are taxable. The Supreme Court had ruled this deal as not being taxable in India. The amendment becomes crucial because a review petition by the government on this case is pending before the Supreme Court, which might now have...

If India is an aspiring society, education is perhaps the quickest vehicle of social mobility. Right to Education (RTE) is a supplyside intervention by the government that will make education cheaper and, in the process, every child will get a chance to be educated. But an approach that focuses on availability of schools, getting children to the classroom and getting them taught by reasonably well-trained teachers is not enough. Retention...

The Supreme Court today vacated a 2010 Gauhati High Court order that banned recruitment of elementary school (lower and upper primary) teachers in Assam. This will pave the way for recruitment of some 1,00,000 teachers in the state. The high court had on March 5, 2010, restrained the state from recruiting teachers on a petition that challenged illegal appointments of 3,813 (3,147 in lower primary and 666 in upper primary schools) teachers...