-PTI/ NDTV India told the World Trade Organization that the present situation has got a new important problem -- the increasing inflation in most of the domestic economies. New Delhi: India wants the World Trade Organisation (WTO) to play its role in containing global inflation, which is impacting most of the economies of the member countries. According to a statement by India, delivered by Ambassador and Permanent Representative to the WTO, Brajendra Navnit,...
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Is the govt. doing enough for the Jan Aushadhi scheme?
On Janaushadhi Diwas this year (i.e., March 7th, 2022), Prime Minister Shri Narendra Modi stated that the poor and the middle-class benefited from the 'Jan Aushadhi Kendras' that were set up to provide generic drugs at affordable prices. He said that the poor and the middle class saved around Rs.13,000 crore through these stores during the COVID-19 pandemic. In the wake of COVID 19 crisis, the 'Bureau of Pharma PSUs of India'...
More »‘Compromise’ on TRIPS waiver is a sellout -Latha Jishnu
-Down to Earth Tough new conditions emerge in the compromise deal to ease WTO intellectual property barriers to production of COVID-19 medical tools We are back to square one. Back to the beginning after 18 months of a wearying, tortuous series of negotiations that carried on while millions of lives hung in the balance — and still do. The waiver of intellectual property (IP) rights on medicines, vaccines and diagnostics to fight the...
More »India seeks emergency meeting of WTO's General Council this month to discuss COVID package
-PTI/ The Hindu Discussions on patent waiver sought India has sought an emergency meeting of the General Council of the World Trade Organization (WTO) this month in Geneva to deliberate upon the world trade body’s proposed response package, including patent waiver proposal, to deal with the pandemic amid rising coronavirus infections globally, an official said. The General Council is WTO’s highest decision-making body in Geneva. Please click here to read more. ...
More »The WTO’s challenge to MSP is another frontier to cross -Prabhash Ranjan
-The Hindu The need is to convince farmers of other effective policy interventions that are World Trade Organization compatible The demand of farmers to provide a legal guarantee for the minimum support price (MSP) for their produce has triggered a nationwide debate. Some believe it would be “fiscally ruinous” to procure all the 23 crops for which MSP is announced annually. Others contend that procuring these crops would be a logistical nightmare....
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