In what could dramatically alter economic activity in almost 45 districts across five states - Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu - and the entire state of Goa, a panel of the Union environment ministry has recommended that mining and industrial growth be banned in more than 80 revenue blocks and strictly regulated in another 75-odd revenue blocks or talukas. It also recommended a large set of regulations on other aspects...
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US hauls India to WTO on poultry ban by Amiti Sen
The US has dragged India to the World Trade Organization for banning poultry products in alleged violation of trade rules, but Indian officials say the country is ready to defend its measures in the formal consultations expected to begin soon. India claims that the import ban is aimed at preventing avian influenza, but it has not given scientific evidence in line with international standards on avian-influenza control, US Trade Representative Ron...
More »Small farmers still excluded from formal financial channels
-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending". The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...
More »US challenges India poultry ban at WTO
-Reuters The United States on Tuesday began action at the World Trade Organisation (WTO) to open India's market for poultry meant and eggs, saying an Indian ban on US imports intended to stop the spread of bird flu was not based on sound science. "The United States is the world's leader in agricultural safety and we are confident that the WTO will confirm that India's ban is unjustified," US Trade Representative Ron...
More »Novartis vs India: the showdown approaches by Simon Reid-Henry
The Swiss-based pharmaceutical giant Novartis is taking the state of India to court in a case that has, after rumbling about in the lower courts for six years, wound up as a very public litmus test of the legal framework sustaining India’s generic drugs revolution. With the case due before the Supreme Court on 28 March, the fate of millions who depend on affordable Indian medicines may soon hang in the...
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