It is said that only God and a few good men and women run India. One such man is P H Kurien. For readers unfamiliar with his name, Kurien was India's Controller General of Patents, Designs & Trade Marks until March 12, 2012. On March 9, 2012, just three days before he left office, he issued the first-ever compulsory licence in India for the manufacture of a drug still under patent....
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Why FCI doesn’t buy grain futures-Ruchira Singh
Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...
More »The grain glut
-The Business Standard Are subsidised exports the only solution? Surely the intellect of a high-level inter-ministerial committee is not required to conclude that the subsidised export of wheat and the disposal of grain at discounted rates at home can help ease the current grain congestion. However, this seems indeed to be the conclusion reached by the high-level panel set up by the prime minister under the chairmanship of his Chief Economic...
More »Centre trying to build consensus on retail FDI: Pranab
-PTI With key UPA ally Trinamool Congress averse to FDI in retail, finance minister Pranab Mukherjee today said the Centre is trying to build a consensus on it and other contentious issues. "We are working to build a policy consensus on a number of pending issues such as introduction of Goods and Services Tax, further liberalisation of FDI, including in retail, and deepening and strengthening of financial markets for long term investments,"...
More »Proposal to 'sell' India's plant genetic resources draws ire-Savita Verma
-India Today A top agricultural research official's idea that India's age-old plant genetic resources can be made available to MNCs in return for better technology for farmers has invited criticism from non-governmental groups as well as individuals. Dr S. K. Datta, Indian Council of Agricultural Research (ICAR) deputy director-general for crop science, claimed that many of India's plant germplasm or species were in the public domain and already being used by MNCs...
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