-The Economic Times NEW DELHI: The government's earnestness to change the lives of millions untouched by high-street banks is being tested with a proposal from its own department of posts. Armed with an amazing network of offices, the department has sought Rs 1,900 crore from the Centre to launch a bank that would connect with the aam aadmi in Indian villages and far-flung areas where few institutional lenders have a presence. Financial...
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Monsanto’s climate-resilient crop patent claims rejected -Sanjay Vijayakumar
-The Economic Times CHENNAI: India's patent appeals board has denied Monsanto a patent for a genetically-engineered method of increasing climate resilience in plants. The decision is significant not only for Monsanto's loss of possible exclusivity in an increasingly important segment but also for the interpretation of India's home-grown clauses in patent law - these are unpopular with global companies - for the first time in the case of plants. The Intellectual Property...
More »68% of milk does not meet food norms: Centre tells SC
-The Times of India NEW DELHI: Common nutritional supplement milk you take may not be all that nutritious as an overwhelming majority of samples of milk supplied across the country failed to meet the food safety and standard norms. The Centre on Tuesday dished out startling fact about the health of milk supplied both loose or in packets and informed the Supreme Court that 68.4% of the samples collected from rural and...
More »IP environment deteriorating in India: US pharma industry
-PTI India however maintained that the India Patent Act was in accordance with the TRIPS Agreement & the Paris Convention The US pharma industry has expressed concern over deteriorating intellectual property environment in India, alleging that patent rights in the country are unreasonably denied. "PhRMA remains concerned about the deteriorating intellectual property environment in India," Mark Grayson, PhRMA spokesman told PTI. The remarks by PhRMA or Pharmaceutical Research and Manufacturers of America, representing America's...
More »CAG had warned last year about Uttarakhand crisis in making-Himanshu Upadhyaya
-Governance Now A CAG report dated March 15, 2013 had found Uttarakhand sitting on a time bomb, with nearly zero disaster preparedness back in Sept 2012 when the nationwide performance audit was done. Will other states, marked equally poorly in the audit, sit up and smell the coffee? The massive disaster in Uttarakhand has brought to the fore not only the old debate of ecology versus development but also thrown up...
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