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State to provide cheaper generic drugs -Sharad Vyas

-The Hindu Medicines will be available at 100 subsidised stores across Maharashtra Mumbai: Generic medicines may now be available at one-fourth the price of branded medicines at more than 100 subsidised stores that the Centre plans to open in Maharashtra over the next six months. Union minister for pharmaceuticals Ananth Kumar, and Minister of State for chemicals and fertiliser Hansraj Gangaram Ahir on Monday signed a Memorandum of Understanding (MoU) with the State...

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All you need to know about the new IPR Policy

-The Hindu The new Intellectural Property Policy, unveiled by the Finance Minister is in compliance with TRIPS. Finance Minister Arun Jaitley released India’s National Intellectual Property Rights (IPR) Policy recently. The Policy which is in compliance with WTO's (World Trade Organisation) agreement on TRIPS (Trade Related aspects of IPRs), aims to sustain Entrepreneurship and boost Prime Minister Narendra Modi's pet scheme 'Make in India.' Here are the highlights: >> The Policy aims to...

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Job growth at a snail’s pace -Santosh Mehrotra

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

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A bit of shine after the Sun is gone -Preeti Mehra

-The Hindu Business Line Villagers are turning Entrepreneurs by renting out their solar lamps Ibrahimpur duli village in Uttar Pradesh’s Faizabad district is on the electricity grid. But the power here is erratic. “It comes only at night around 9 or 10 pm with frequent shut downs,” says 54-year-old Ram Lallan who along with his wife Kusma Devi runs a solar enterprise to offer off-grid technology solutions to consumers in the region. The couple...

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Chained to debt in life and death -A Narayanamoorthy and P Alli

-The Hindu Business Line The only way this story of the Indian farmer will change is if policymakers ensure better remuneration for them The peasant (in India) is born in debt, lives in debt, dies in debt and bequeaths debt. This is what Sir Malcolm Darling, a famous British researcher and writer, wrote in 1925 after studying the condition of undivided Punjab’s peasants. Had Darling been alive today he would have rephrased his...

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