-Live Mint Natco Pharma Ltd, which has started selling a generic version of Bayer AG’s patented cancer treatment Nexavar in India at a fraction of the price charged by the German firm, plans to use the so-called compulsory licensing route to try and win the right to copy more patented drugs, said vice-chairman and chief executive officer Rajeev Nannapaneni. The Hyderabad-based company has already identified the patented drugs for which it will...
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The perils of retail therapy in India
-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...
More »Standing on the threshold of Food Justice in India
-Oxfam India Oxfam India launches food justice bulletin along with the Institute of development Studies (IDS), calls for assessing government's commitment to hunger Despite enormous growth in economic and political power, 46 per cent of Indian children are malnourished, and 1 in 3 of the world’s hungry live in India. Yet India stands on the threshold of potentially the largest step toward food justice the world has ever seen, as the National...
More »New norms on anvil to make groundwater public property-Nitin Sethi
-The Times of India Groundwater, a precious natural resource, is for all practical purposes a private property in India. Anyone can bore and extract water from the land he owns with few rules to restrict over-exploitation. But all this could soon change. Plans are afoot to alter laws and regulations to make groundwater a common property resource to ensure better regulation by government as a public trustee with the involvement of communities...
More »‘India’s Food Bill can set example for rest of world’
-PTI India’s proposed National Food Security Bill has the potential to become a benchmark for the rest of the world to follow, the NGO Oxfam India and UK-based Institute of Development Studies (IDS) has said. The proposed Food Security Bill aims at providing legal entitlement over subsidised foodgrain to the poor. The Bill was introduced in Parliament in December 2011 and the same has been referred to the Standing Committee. “India is taking...
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