-The Indian Express "If we did not have a patent system, it would be irresponsible, on the basis of our present knowledge of its economic consequences, to recommend instituting one." So said Fritz Machlup, a wise American economist several decades ago. His words remain as true now as they were then. For, the patent system is one of the most faulty legal regimes that one could possibly have conceived. It purports...
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A new menu -Ajay Chhibber
-The Indian Express ONE of the late R.K. Laxman's best cartoons from the mid-1960's portrays a smiling food minister looking out of a window at a heavy monsoon downpour saying, "This year we can tell the Americans to go to hell." Fifty years ago, a good monsoon meant that that year, India was not dependent on food aid and wouldn't have to go hat in hand to the Americans for food...
More »Indian drug cos worried about patent regime changes -PT Jyothi Datta
-The Hindu Business Line Seek clarification on US trade representative's testimony that India has committed to address IP issues that concern America Mumbai: Has India informally agreed to make changes in its Intellectual Property Rights regime on the basis of US concerns? A sizeable section of the Indian pharmaceutical industry and some pro-health groups are worried that it has, following US Trade Representative Ambassador Michael Froman's testimony to the Senate Committee on...
More »NITI Aayog may not scrap UPA's 12th Plan -Sanjeeb Mukherjee
-Business Standard Likely to carry out mid-term appraisal; states could continue with annual Plans Contrary to popular belief, the National Democratic Alliance government may not scrap the 12th five-year Plan (2012-13 to 2016-17) formulated by the United Progressive Alliance (UPA) government. Instead, it may carry out a course correction, in consultation with ministries and state governments. A model for such a structured rectification would be firmed up at the first governing council meeting...
More »Despite high maternal mortality, India records drop in fertility -Smriti Kak Ramachandran
-The Hindu Family planning programmes on the right track, feels Health Ministry India, which is unlikely to achieve the fifth Millennium Development Goals (MDG-5) of reducing maternal mortality to 109 per 1,00,000 live births by 2015, is however, confident of meeting the target for lowering the total fertility rate (TFR) by the end of the 12th Plan. A reduction in the TFR rates in nine of the 11 high-focus States has given Health...
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