India has played a crucial role in making essential medicines available and affordable for patients in the developing world through generic drugs. This has been possible by linking India’s patent policies and laws to public interest. Similarly, policies that align public funded R&D in India with public health have the potential to provide incentives to the development of medical technologies (vaccines, diagnostics and medicines) crucial for treating neglected diseases like...

The recession was less calamitous than many feared. Its aftermath will be more dangerous than many expect IT HAS become known as the “Great Recession”, the year in which the global economy suffered its deepest slump since the second world war. But an equally apt name would be the “Great Stabilisation”. For 2009 was extraordinary not just for how output fell, but for how a catastrophe was averted. Twelve months ago,...

The collapse of the Dubai dream is not without any implications; it may be an indication that the travails of finance capitalism are not over. GLOBAL capitalism is in a phase in which it must deal with the fruits of the overextension during the previous boom, and there is no doubt that this is going to be painful. The financial crisis in the United States and some other developed countries...

With the frequency and severity of droughts likely to increase due to climate change, more than 60 scientists from all the world’s regions are meeting at a United Nations-backed conference in the United States this week to draw up guidelines for early warning systems that could save countless lives. “Early warning systems for drought allow individuals and communities to act in sufficient time to reduce the possibility of loss of...

The world’s biggest industrial disaster took place in Bhopal on December 3, 1984 taking a toll of 20,000 lives and affecting 5.69 lakh people. The twentyfifth anniversary of that massive mishap at the Union Carbide plant in the city is being observed across the country today. That disaster is a crying shame for all our citizens. Why? For three reasons. First, the real culprit behind the mishap, the Union Carbide management,...