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India needs to do a lot more to effectively deal with El Niño fallout-Sanjeeb Mukherjee

-The Business Standard   More, water levels in the reservoirs of southern India are below the 10-year average at 8.28 billion cubic metres As doubts mount over the impact of El Niño on the southwest monsoon season in 2014, India's preparedness to face a low rainfall situation seems to have improved in the past four-five years. However, there are many gaps to be plugged. For example, although the average water in major reservoirs across...

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Story of a fraying capitalism-Ashoka Mody and Michael Walton

-The Indian Express   India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty   French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...

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UN agency urges greater national action to curb alcohol-related deaths, diseases

-The United Nations More than three million deaths in 2012 were linked to alcohol with a steady increase in alcohol use among women, the United Nations health agency today reported calling on Governments to do more to prevent alcohol-related deaths and diseases. The "Global status report on alcohol and health 2014" found that alcohol consumption increases people's risk of developing more than 200 diseases including liver cirrhosis and some cancers, as well...

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Defending India’s patent law-Prabha Sridevan

-The Hindu   No one can attack India's well-founded Intellectual Property regime as being weak merely because a drug that is claimed to be an invention fails the test of law India and its intellectual property (IP) laws have been the subject of sharp criticism recently. Now, there is talk of the government invoking emergency provisions with regard to Dasatinib, a cancer drug. The decibel level may go up several notches. Let us look...

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Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Subodh Varma

-The Times of India   Is wealth trickling up instead of down? Yes, says rockstar economist Thomas Piketty whose new book proposing a wealth tax on the super rich has sparked off a firestorm. Excerpts from an exclusive interview... His book Capital in the Twenty-First Century has put the spotlight on Thomas Piketty, transforming the Paris School of Economics professor to global superstar. In these troubled times, he highlights a troubling issue:...

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