-The Hindu Business Line Govt acts on a letter from farmers’ union on bollworm developing resistance to technology Hyderabad: Even as it announced a nation-wide uniform price for cottonseed for the upcoming kharif season, the Union government has asked Mahyco Monsanto Biotech (India) Limited why it should not revoke the patent it granted for the Bollgard II technology. The Department of Industry Policy and Promotion (DIPP) has served a show cause notice to...
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Over 80 lakh households have given up LPG subsidy: Pradhan
-The Hindu Campaign is part of government’s endeavour to reduce LPG subsidy bill More than 80 lakh households have given up LPG subsidy under the ‘Give it Up’ scheme, as of March 3, 2016, Oil Minister Dharmendra Pradhan said.The ‘Give it Up’ campaign is part of the government’s endeavour to reduce its LPG subsidy bill. Under the scheme, LPG users who can afford to pay the market rate for the fuel are encouraged...
More »Falling afoul of IPR? Giant corporations suing poor farmers from developing countries, says UN report -Shreerupa Mitra-Jha
-FirstPost.com Giant agricultural corporations are seriously impacting the right to food of women, especially in developing countries like India by increasingly suing farmers for breaching patent laws, a UN expert said. “These big Companies are suing farmers because the farmers are using (patented seeds) without the permission (from agricultural corporations) or (are not) buying the particular seeds. This is a very serious issue and millions of dollars the corporations are taking from...
More »Cap profits, cut drug prices: Panel -Sushmi Dey
-The Times of India NEW DELHI: In a move that could significantly bring down prices of expensive medicines, a high-level committee has recommended capping of trade margins for costly drugs at 35% of MRP (maximum retail price). The recommendations - part of a report submitted by an inter-ministerial committee - have been put in the public domain by the Department of Pharmaceuticals, inviting comments on the suggestions. The committee was set up...
More »Telcos cheated government of Rs 12,400 crore: CAG
-The Times of India NEW DELHI: The Comptroller and Auditor General (CAG) has claimed that six major telecom Companies - Reliance Communications, Tata, Airtel, Vodafone, Idea and Aircel - have allegedly understated gross revenue of over Rs 46,000 crore for a period between 2006-07 and 2009-10 and denied the government its share of income which has been estimated at more than Rs 12,400 crore. Different from its earlier report on the 2G...
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