-The Times of India NEW DELHI: The government may negotiate prices of patented medicines with their manufacturers before allowing pharmaceutical companies to launch them in India. The move, a first of its kind, is also likely to be applied on patented drugs that are already being sold in the country, an official source said. An inter-ministerial committee, evaluating the mechanism to negotiate prices of patented medicines, has recently sought detailed information about...

-Down to Earth Government takes ordinance route to clear Bill, allowing foreign companies to bid for mineral resources The BJP-led Central government has cleared an ordinance to facilitate the auction of minerals, including ores used to produce iron, manganese and aluminium. In a cabinet meeting on Monday, the government approved amendments to the 57-year old Mines and Mineral (Development and Regulation) Act. Among other changes, the amendments will allow Multinational Companies such...

-The Asian Age There was a news report not so long ago that ICRISAT (International Crops Research Institute for the Semi-Arid Tropics), an international organisation and part of the CGIAR (Consultative Group on International Agricultural Research) consortium, had entered into an agreement with Gubba Cold Storage Ltd. to set up a private seed bank, the first of its kind in India. No details were available of the terms and conditions under...

-The Hindu It is not the responsibility of the government alone to act in order to curb corruption; corporate firms need to be proactive as well in checking fraudulent financial practices The winter session of Parliament witnessed a noisy debate on the black money controversy. Governments of all hues have disappointed the Indian janata on the issue of black money and the failure is often associated with a perceived nexus between politicians...

-Down to Earth Government sidelines its committee of experts to set up new panel to review India's intellectual property rights policy The politics of protecting intellectual property rights (IPR) is becoming more curiouswith the commerce ministry setting up a think tank to draft a national IPR policy while sidelining a committee of experts it had set up earlier. Annoyed academics who were asked to help formulate the policy in July this year...