-The Hindu Drug patents are designed to create profits that enable more research on diseases affecting millions. But in practice, they have often generated super profits for big pharma companies while erecting access barriers for the poor. The Novartis case spotlights much that is wrong with the system. The rejection of the Novartis petition challenging one of the most progressive tenets of the Indian Patents Act (1970), as amended in 2005 by...
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Defiant in Dhinkia-Chitrangada Choudhury
-Live Mint Farmers resisting India's biggest FDI deal are paying a heavy price for their stand In June 2005, the Orissa government signed the country's biggest foreign direct investment deal yet with the South Korean steel manufacturer Posco for a $12 billion (around `65,856 crore) plant near Paradip in the mineral-rich state. Livelihoods in eight existing agricultural and fishing villages were to give way for the project that was intended to be...
More »Rotten agents spoil the Kashmir apple barrel-Ahmed Ali Fayyaz
-The Hindu A NABARD survey says middlemen funded by banks have kept growers captive to high-interest loans Jammu: Kashmir's acres of undulating apple orchards may soon be waste lands, a survey by the National Bank for Agriculture and Rural Development (NABARD) accessed by The Hindu shows. The Rs. 4,000-crore industry has been brought to its knees by a network of middle-order market functionaries comprising pre-harvest contractors (PHCs), commission agents (CAs) and wholesalers...
More »A question of standards, not principle-Vinay Sitapati
-The Indian Express India is no insecure dictatorship junking international obligations for cheap populism. The highest court of the world's largest democracy has made a nuanced distinction between real innovation and marketing gimmickry. Yet, the Swiss pharmaceutical giant Novartis's response to the recent Supreme Court verdict in Novartis vs Union of India has been imperial in tone. The judgment "discourages innovative drug discovery", it claimed. It accused Indian law of lagging...
More »Bihar lowers wage under MGNREGA -Jitendra and Alok Gupta
-Down to Earth State blames poor financial condition for the move The Bihar government has defended its recent move to lower its minimum wage rate offered to unskilled labourers, saying the state is in poor financial condition. Bihar has lowered its wage rate offered under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) from Rs 144 to Rs 135, while the state minimum wage is Rs 168. This is despite the...
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