In a landmark decision that could set a precedent on how life-saving drugs under patents can be made affordable, the government has allowed a domestic company, Natco Pharma, to manufacture a copycat version of Bayer's patented anti-cancer drug, Nexavar, bringing down its price by 97%. In the first-ever case of compulsory licencing approval, the Indian Patent Office on Monday cleared the application of Hyderabad's Natco Pharma to sell generic drug Nexavar,...
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Economic growth and food security depend on healthy farm sector, whose pillar, the farmer, is still neglected by Ajay S Shriram
In India, agriculture and allied sector is the source of income for over 60% of rural population and its contribution to GDP has been consistently coming down and currently stands at 14.3%. For the Indian economy to grow at the rate of 8-9%, the growth rate of agriculture sector has to be more than 4%. The critical role of agriculture in the economy highlights the need for a larger investment in...
More »The overgrown list by MR Madhavan
Parliament must use budget session to discuss key pending bills The budget session of Parliament begins today. The last few sessions have been characterised by disruptions and consequent loss of productive time. To see one indicator, the 15th Lok Sabha, half-way through its term, has lost 30 per cent of scheduled time — the worst ever. As a result, many important bills have been pending. It is to be seen whether...
More »Institutes refuse RTI replies till CIC reminds govt aid-Rajni Shaleen Chopra
In a spate of recent cases in Punjab, information seekers are being turned away by public institutions on the ground that they are not covered under the RTI Act, and are not obliged to share information about their functioning. This despite the fact that almost all these institutions have received financial aid from the state government. In nearly all such cases, the information seekers had to knock the doors of Information...
More »UPA’s elbow room to push crucial reforms may shrink
-The Indian Express The Samajwadi Party’s sweep in India’s biggest state, Uttar Pradesh, and Congress’s defeat in Punjab and Goa will further shrink the elbow room the Congress-led UPA government at the Centre has to push through key initiatives such as foreign direct investment (FDI) in multi-brand retail, pension reforms and legislation such as the goods and service tax (GST) that require support from states. The Centre had postponed some of these...
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