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India’s investment in research unsatisfactory: UNESCO report -Tiki Rajwi

-The Hindu Gross domestic expenditure on research has stayed at 0.7% of the GDP for years While India has made ‘solid progress’ towards the Sustainable Development Goal (SDG) targets concerning industry, infrastructure and innovation, the country’s investment in research remains unsatisfactory, the UNESCO Science Report has observed. The gross domestic expenditure on research (GERD) has been stagnant at 0.7% of the GDP for years, although, in absolute terms, research expenditure has increased, the...

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G7 Corporate Tax Deal -- Setting the Bar Too Low? -Shinzani Jain

-Newsclick.in Finance ministers from G7 countries have agreed on a deal to check tax avoidance by the biggest multinational conglomerations. How the G20 reacts to this accord and how these plans are implemented, remains to be seen. A recent report by ProPublica has revealed how multibillionaires from the US, including Amazon’s Jeff Bezos, Tesla’s Elon Musk, Microsoft’s Bill Gates and Facebook’s Mark Zuckerberg, among others, have managed to avoid paying federal taxes...

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The AIDS fight offers a COVID vaccine patent pathway -Murphy Halliburton

-The Hindu There are recognised ways to overcome the patents hurdle, ensuring social justice and boosting the COVID-19 battle In order to achieve global herd immunity and prevent new strains of COVID-19 from emerging, possibly for years to come, vaccines need to be affordable and available in massive quantities throughout the globe. This can happen through patent owners voluntarily licensing their products to other companies, especially Indian producers who are experienced at...

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On Covid patents waiver, health cannot be held hostage to profit -Rajshree Chandra

-The Indian Express Innovation in vaccine production can have an impact only if it is accessible to all. patents and access to life-saving drugs has always been an emotive and contentious issue. The right to healthy life is a moral minimum, and to find a rational basis to deny it is deeply offensive to the idea of life itself. At the same time, pharma corporations and institutions claim patents are a just...

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Kerala High Court seeks Centre’s response to invoke compulsory licensing of Covid vaccines -KC Gopakumar

-The Hindu Business Line WTO has allowed countries to issue compulsory licenses during emergencies A Division Bench of the Kerala High Court on Tuesday asked the Centre to respond to a plea for invoking the compulsory licensing to allow other capable vaccine manufacturers to produce Covid vaccines. The Bench comprising Justice Raja Vijayaraghavan and Justice M.R.Anitha passed the directive when a public interest litigation in this regard came up for hearing. The petition...

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