THE controversy over Maggi instant noodles has once again highlighted the issues plaguing food safety in India. Not only does the issue raise critical questions about safe food production by Multinational Companies such as Nestle but it also foregrounds the institutional fault lines when it comes to ensuring food safety. Frontline spoke to Sunita Narain, who heads the New Delhi-based Centre for Science and Environment (CSE), the organisation instrumental in initiating...
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WTO gives India a clean chit -Latha Jishnu
-Down to Earth Apex trade regulator finds nothing amiss in India's intellectual property laws after exhaustive review India's intellectual property rights (IPR) regime, under constant attack from the US and Multinational Companies (MNCs) over the past few years, has been given a clean bill of health by the World Trade Organisation (WTO). At a two-day trade policy review conducted by the apex organisation in early June, there was no criticism of a...
More »Smoking kills — in India too -Sonalde Desai & Debasis Barik
-The Hindu A study shows that Indians are not immune to health consequences of smoking and that smokers have a higher death rate than non-smokers. Recently, a parliamentary committee declined to extend the size of health warnings on cigarette packets due to lack of independent evidence on the health impacts of smoking on the Indian population. A longitudinal study conducted by the National Council of Applied Economics (NCAER) and University of Maryland shows that in...
More »Pharma Patents after 10 Years
-Economic and Political Weekly Ten years on, the progressive provisions of the amended Indian Patents Act are being watered down. Ten years have passed since the Indian Patents Act, 1970 was amended in 2005 to bring the country’s laws in line with the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). The most important of the 2005 amendments was the introduction of product patents for 20 years, including for pharmaceutical products,...
More »A third of top 500 firms’ books dodgy: SFIO -Subhomoy Bhattacharjee
-The Financial Express A forensic report prepared for the Serious Fraud Investigation Office (SFIO) shows over a third of India's top 500 companies, including those in the top 100, are "managing" their accounts. It finds that companies where promoters hold more than 50% of total shareholding are more likely to take such steps to impress markets with their performance. Both domestic companies and subsidiaries of multinationals listed in India show similar trends...
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