-Reuters India's move to strip German drugmaker Bayer of its exclusive rights to a cancer drug has set a precedent that could extend to other treatments, including modern HIV/AIDS drugs, in a major blow to global pharmaceutical firms, experts say. On Monday, the Indian Patent Office effectively ended Bayer's monopoly for its Nexavar drug and issued its first-ever compulsory license allowing local generic maker Natco Pharma to make and sell the drug...
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The dream that failed
-The Economist A year after Fukushima, the future for nuclear power is not bright—for reasons of cost as much as safety THE enormous power tucked away in the atomic nucleus, the chemist Frederick Soddy rhapsodised in 1908, could “transform a desert continent, thaw the frozen poles, and make the whole world one smiling Garden of Eden.” Militarily, that power has threatened the opposite, with its ability to make deserts out of gardens...
More »Focus on RTE by Vatsala Shrangi
-Myeducationtimes.com The 12th Five-Year Plan will be focusing on the Right to Education (RTE) Act. Vatsala Shrangi reports The 12th Five-Year Plan, which has been delayed and likely to be released by April, is going to focus on the Right to Education (RTE) Act as its central theme. Apart from RTE, the other key areas will include higher education and the setting up of central universities. "The 12th Five-Year Plan is still in...
More »Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector. In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before. "Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending...
More »It simply can't fail-Abhijit V Banerjee, Pranab Bardhan, Ashok Kotwal, Milind Murugkar & Bharat Ramaswami
The National Food Security Bill has the potential to make a significant difference to the lives of the poor if properly implemented. However, the Bill in its present form has some easily correctible flaws that could cause huge problems in the future. A couple of simple amendments would greatly simplify the implementation and also allow Innovation in the delivery of food subsidy. First, the proposed framework based on three categories of...
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