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Monsoon failing, Government says it can tackle drought

-CNN-IBN With deficient monsoon rains throughout the country so far, experts have now warned that the drought situation can no longer be ignored and that it is the time to act. Food Minister KV Thomas admitted on Tuesday that the situation is worrisome and that the government will have to take measures to check hoarding as deficient rainfall will lead to crop failure. Commission for Agriculture Costs and Prices (CACP) Chairman Ashok...

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India slipping on child wellbeing, indicates report-Aarti Dhar

-The Hindu 8.1 million children are out of school, 42% are underweight India has slipped by 12 ranks in the global grading on the child development index, which denotes health, education and nutrition, between 1995 and 2010. Japan is the best place in the world to be a child, while Somalia is the worst, a latest report has suggested. The Child Development Index report released by NGO Save the Children makes an aggregate...

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Natco targets drugs ripe for compulsory licensing-Viswanath Pilla

-Live Mint Natco Pharma Ltd, which has started selling a generic version of Bayer AG’s patented cancer treatment Nexavar in India at a fraction of the price charged by the German firm, plans to use the so-called compulsory licensing route to try and win the right to copy more patented drugs, said vice-chairman and chief executive officer Rajeev Nannapaneni. The Hyderabad-based company has already identified the patented drugs for which it will...

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Corn exports may rise to 3.5 million tonnes in 2011-12: USGC

-Reuters Corn exports from India could hit a record 3.5 million tonnes in the 2011/12 marketing year to September, spurred by higher Global Prices and a bumper harvest, the India representative of a major US grains export association said on Thursday. India is Asia's second-largest grower of corn after China but it is not a significant global exporter of the grain. It mainly sells to Malaysia, Indonesia and Vietnam, which seek small...

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Govt could impose stockholding limits on agri-commodities: Thomas

-The Hindu Business Line The Government may consider imposing stockholding limits on various agri-commodities to curb rising prices. It may also review the export policy on agri-commodities such as sugar and rice in August by which time there will be a clearer picture on the monsoons. “We are reviewing the price situation and are in constant touch with the State Governments. We will also examine the option of imposing stockholding limits on...

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