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Growing crisis of drug prices

-The Hindu India’s drug price control order, which is vital to the availability of affordable essential medicines, has been whittled down to the point of becoming insignificant. While the number of price-controlled medicines has dwindled over the past three decades, from 347 to 74, the pharmaceutical industry has been pursuing super profits. The High Level Expert Group of the Planning Commission on Universal Health Coverage noted in its report that price...

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Govt working on norms to protect trade secrets -Subodh Ghildiyal & Sidhartha

-The Times of India Your favourite restaurant may soon get legal protection for its centuries old recipe with the government starting discussion on possible norms for trade secrets. The latest intellectual property right (IPR), which draws upon an established practice in several countries, may actually cover everything from manufacturing processes to sales and distribution methods, ad strategies and client and vendor lists — a move that could provide comfort to companies...

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2012 set to be ninth warmest year on record –UN report

-The United Nations Temperatures this year are the ninth highest on record since 1850 despite the effect of La Niña, a meteorological phenomenon which is supposed to have a cooling influence on the Earth’s atmosphere, says a new United Nations report released today. High temperatures were accompanied by unprecedented melting of the Arctic sea ice and multiple weather and climate extremes which affected many parts of the world. The findings are among the...

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Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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Cabinet nod for tough stand at Doha climate meet -Nitin Sethi

-The Times of India India won't enhance its pledge of reducing emissions intensity of its economy at the Doha round of climate talks, which will be held between November 26 and December 7. The Cabinet on Thursday cleared the red-lines for Union environment minister Jayanthi Natarajan and her team of negotiators for the UN talks. With the European Union (EU) shifting the goal post yet again for ratifying the Kyoto Protocol's second phase...

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