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Budget 2012: Introduce VAT on farm produce, says government report

-PTI With agriculture share in GDP halving to 15 per cent in the last two decades, a government report card today called for major reforms, from marketing to investment, and new technologies for accelerating farm growth.  The report on 'State of Indian Agriculture 2011-12', tabled in the Lok Sabha said, "Achieving an 8-9 per cent rate of growth in overall gross domestic produce (GDP) may not deliver much in terms of poverty...

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India trades up, finds census by Asit Ranjan Mishra & Shuchi Bansal

The latest round of data on the 2011 Census shows that the country is exhibiting distinct signs of trading up as material living conditions improve for large sections of the population. Although this aggregate picture is not uniform across the country, analysts believe that the upward material mobility in society is creating the basis of a new consumer boom in the economy—serving up a perfect backdrop ahead of the presentation of...

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A historic move to make drugs affordable-G Ananthakrishnan

India's use of the compulsory licensing provision under its patents law for the first time to make the patented cancer drug Nexavar available at affordable prices is an essential, although belated step to curb the mounting cost of drugs. The grant of the licence by the Controller-General of Patents, Designs and Trade Marks to Natco Pharma for manufacture of the drug Sorafenib Tosylate (Nexavar) to treat liver and kidney cancer is...

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Just 8% Indians have Internet

-DNA Though known for its computer whizkids world over, the penetration of computers/ laptops in India is only 9.4% or less than one out of 10 households with only 3% having internet facility. The penetration of internet is 8% in urban as compared to less than 1% in rural area. The 2011 housing census figures released on Tuesday by the Registrar General of India threw up some interesting facts BRInging out stark...

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Gay count at 25 lakh

-PTI India has an estimated 25 lakh gay population and about 7 per cent of them are HIV-infected, the government today told the Supreme Court. “The population of MSM (men who have sex with men) is estimated to be 25 lakh in India,” the government said in its affidavit filed in the court, citing figures of the National Aids Control programme. The affidavit, filed by the health ministry, said it is planning to...

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