-The Business Standard   Learning from the jatropha mistake The tropical shrub jatropha curcas, touted a decade ago as a commercially feasible source of biofuel to alleviate the global energy crisis, seems to have let its proponents down quite comprehensively. Millions of hectares of land in the arid areas of India and in many other Asian and African countries were turned into jatropha plantations in the expectation that the oil derived from its...

The Stockholm International Water Institute (SIWI) has warned against the increasing leasing and buying of millions of hectares of farmlands in Southeast Asia, Africa and Latin America for food and fuel production. This land is being leased to private investors and sovereign wealth funds with no explicit legal agreement on how water will be used on these farmlands. The World Bank has estimated that over 56 million hectares of land in Africa...

-Economic and Political Weekly The compulsory licence for Nexavar is only the beginning of a new battle over drug prices. The grant of a compulsory licence (CL) to Natco Pharma, a relatively small Indian pharmaceutical company, to manufacture and sell the cancer drug sorafenib (Nexavar) has been rightly hailed as a major step forward for public health and the wider availability of life saving medicines.   The German pharmaceutical company Bayer holds the patent...

A classified US report listed India’s three major river basins — Indus, Ganga and Brahmaputra —among the world top 10 water conflict zones in ten years from now. The report based on National Intelligence Estimate on water security said the chances of water issues causing war in next 10 years were minimal but they could disrupt national and global food market and cause tension between states. “Beyond 2022, use of water as...

The Budget provides proof of the United Progressive Alliance government having forgotten the importance of its own “flagship schemes”. BUDGET 2012-13 provides conclusive proof that the United Progressive Alliance (UPA) government has lost its way. It has managed the remarkable feat of upsetting almost everyone and making no one happy. The Budget is highly regressive in both taxation and spending terms and will raise prices of essentials, so aam aurat and...