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Pratibha's foreign trips cost nation a record Rs. 205 crore

-PTI President Pratibha Patil's foreign visits have cost the public exchequer Rs. 205 crore, surpassing the record of all her predecessors. Since assuming office as the country's first woman President in July 2007, Ms. Patil has undertaken 12 trips covering 22 countries across four continents. She has four more months to go in her five-year tenure and a trip to South Africa is said to be on the anvil. A series of RTI...

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India patent bypass delivers life-saving blow against cancer by Raja Murthy

India's decision this month to produce Germany-based multinational Bayer's anti-cancer drug Nexavar, in the first use of "compulsory licensing" in South Asia, will save lives but also raises intricate questions. Under the compulsory licensing process, a government can under World Trade Organization (WTO) rules bypass a patent owner's rights after three years and order the manufacture and sale of life-saving medicines at much cheaper cost than by obtaining the medicine from...

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India to be a youngest nation by 2020 by Aarti Dhar

India will be one of the youngest nations by 2020 and this changing demographic condition, while providing great opportunities, could pose some challenges too, the Economic Survey 2011-12 has said. India is passing through a phase of unprecedented demographic changes, wherein the proportion of the working age population (15-59 years) is likely to rise from around 58 per cent in 2001 to over 64 per cent by 2021, according to the...

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Extreme Poverty Drops Worldwide by Nikhila Gill

The world has achieved its first Millennium Development Goal of cutting extreme poverty in half ahead of the 2015 deadline, a study by the World Bank shows. The bank defines extreme poverty as living on under $1.25 per day, adjusted for purchasing power parity. According to the report, released this week, 1.29 billion people, or 22 percent of the developing world’s population, live below $1.25 a day, down from 52 percent...

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Unicef ranks India poorly in child mortality by Sonal Matharu

Bhutan, Nepal and Bangladesh fare better India is now ranked among the 50 nations with highest under-five child mortality rate. It has been placed at number 46 in the list of 193 countries. India’s neighbours Bhutan, Nepal and Bangladesh protect their newborns much better and rank 52, 59 and 61 respectively, according to Unicef’s latest ranking. The report—State of the world’s children 2012: children in an urban world— was released on...

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