-Economic and Political Weekly The compulsory licence for Nexavar is only the beginning of a new battle over drug prices. The grant of a compulsory licence (CL) to Natco Pharma, a relatively small Indian pharmaceutical company, to manufacture and sell the cancer drug sorafenib (Nexavar) has been rightly hailed as a major step forward for public health and the wider availability of life saving medicines.   The German pharmaceutical company Bayer holds the patent...

-IANS Debunking the government's claim that the number of poor  in India has come down, a top adviser has claimed that around 70 % of the country's 1.2 billion population is poor, and stressed the need for a multi-dimensional assessment of poverty.  "The government claim that poverty has come down is not valid... there is a need for a multi-dimensional assessment of poverty as around 70% of the population is poor," National Advisory...

One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...

-The Economic Times India on Thursday voted in favour of a US-sponsored censure motion against Sri Lanka in the 47-member UN Human Rights Council in Geneva. The government's domestic political compulsions seems to have prevailed over the country's strategic interests. Twenty-four countries, including India, voted for the resolution and 15 against, while eight nations abstained. Among the countries which voted against the resolution were China, Pakistan, Bangladesh and Maldives. India's decision was...

Average per capita net availability of foodgrain declined in every five-year period of the 'reforms' without exception. In the 20 years preceding the reforms — 1972-1991 — it rose every five-year period without exception. The country's total foodgrain production is expected to touch a record 250 million tons this year (2011-12). Union Agriculture Minister Sharad Pawar PTI, February 17, 2012 Record foodgrain output of 235.88 million tons in 2010-11. Sharad Pawar, PTI, April 6, 2011 India's foodgrain...