When the fledgling Indian government drafted its higher education policy after Independence, it formed two separate tiers for teaching and research: colleges and universities in one, exclusive research establishments in the other. The intention was of the noblest, to deploy our best talent exclusively to create an indigenous knowledge pool; in particular, to provide research input for the nation’s development. Sixty years down the line, the outcome has patently failed those...

The Prime Minister's Economic Advisory Council has suggested a complex combination of three pricing models to fix retail prices of 348 essential drugs to balance industry's concerns and public health. The proposal, however, has drawn the ire of drug makers who say it is a watered down version of the health ministry's proposals. The council has proposed that for medicines facing "insufficient competition" or a monopoly-like situation, the retail price should...

World Water Day is held annually on March 22 to focus attention on the importance of freshwater and advocate sustainable management of freshwater resources. Each year, the day highlights a specific aspect of freshwater and this year's campaign was on “Water and Food Security.” A large quantity of water, more than most people think, is used for producing the food we eat everyday. Water is a renewable and finite resource...

-IANS The World Bank has approved a $109 million funding for the Rajasthan Agricultural Competitiveness Project in India to enhance agricultural productivity through sustainable and efficient use of water resources. The project is expected to increase agricultural productivity and farmer incomes through efficient water management, crop management, improved agricultural technology, farmer organizations and market innovations in some 20 selected areas in Rajasthan. The initiative will benefit some 155,000 smallholder farmers, the Washington-based World...

Source: PTI/IANS The World Bank has announced $4.3 billion in financial aid to India through a new innovative and flexible financing arrangement to help the country fight poverty. The arrangement, while facilitating a $4.3 billion increase in support to India, is designed to maintain International Bank for Reconstruction and Development's -- which is its lending arm -- net exposure within the limit of $17.5 billion established by it. In a statement, the World...