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Right to food or drinking water? -Niranjan Rajadhyaksha

-Live Mint The fundamental pathology of Indian policy is the overwhelming preference for subsidies over public goods One useful way to understand a fundamental flaw in policymaking in India since 2004 is to ask a rhetorical question: why is the ruling United Progressive Alliance aggressively pushing for a law guaranteeing the right to food rather than one for the right to clean drinking water? Take a look at the numbers. A February...

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HC frowns at govt circular denying RTE to migrants -Abhinav Garg

-The Times of India NEW DELHI: A Delhi government circular that excludes migrant children from availing quota facility under the economically weaker section (EWS) category is under the scanner of Delhi high court. Justice G S Sistani recently issued notice to the Delhi government and sought its response on the validity of the circular. HC was hearing a petition filed by a street vendor seeking EWS benefits for her five-year-old child and...

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USFDA scrutiny: Will pharma majors like Ranbaxy, Wockhardt be affected in long-term? -G Seetharaman

-The Economic Times Japanese companies do not mind erring on the side of caution. They are known to think longer and harder than their counterparts in other countries about big decisions, especially when it comes to entering a new market or acquiring a foreign company. But Japan's third biggest drugmaker Daiichi Sankyo would now wish it had spent more time doing due diligence on Ranbaxy Labs, in which it bought a...

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Strong medicine for poor countries-Nayanima Basu

-The Business Standard The Novartis verdict by the Supreme Court emphasised the importance of flexibilities in drug patent laws, in contrast to Western countries which are seeking TRIPS-plus hardening through free-trade agreements As curtains on the six-year-long legal tussle with Swiss drug giant Novartis AG finally came down earlier this month, the Indian government did not waste a second in hailing the Indian patent law which it said was in "full...

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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray

-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...

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