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Question of efficacy -Leena Menghaney

The country is clearly shaping its legislation to promote access to medicines by fostering generic production. INDIA'S approach to the revision of its Patents Act in 2005 is a clear example of a country shaping its legislation to promote access to medicines by fostering generic production. Although World Trade Organisation (WTO) rules made it mandatory for India to put in place a patent regime for medicines by 2005, nothing obliges...

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Farm revolution: Indian farmers finally embrace mechanisation

-Reuters   PERLE: As a shiny red harvester bounces across the black earth into the first row of sugar cane, excited schoolchildren run after it and several dozen men stand gaping in the wake of its swift progress. It's the first time that Perle, a village on the banks of the Krishna river in Maharashtra state, has seen a machine used for cutting the tough cane. "This machine will harvest my entire field today,"...

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Instead of celebrating the fall in poverty numbers, critics within & outside UPA keep carping-Arvind Panagariya

Evidence that poverty has declined since India began to liberalise in the 1980s, that the acceleration in growth to 8-9% range since the mid-2000s has resulted in accelerated poverty reduction and that these trends hold for each broad social group rather than just the aggregate population is as irrefutable as it gets in social sciences. In the accompanying graphic, taken from a recent study by Megha Mukim and the author, show...

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Untouchability under security meet scanner-Nishit Dholabhai

Untouchability hasn’t been banished in all its forms, a meeting of state ministers with the Centre concluded today and expressed anguish at the dismal conviction rate in crimes against Dalits. “Untouchability is gone, but only the face of it, as its definition changes. Banks deny credit to Dalits and this is another form of untouchability,” Union home minister P. Chidambaram said at the specially convened meeting as part of the two-day...

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Rural penetration of banks has increased, says RBI-AJ Vinayak

The RBI’s monetary policy statement for 2012-13 has said that penetration of banks in rural areas has increased. It said that banks are now providing banking services in rural areas through 1,38,502 outlets. This includes 24,085 rural branches, 1,11,948 business correspondent outlets, and 2,469 outlets through other modes. In early March 2010, banks had only 21,475 brick and mortar branches in rural areas. No-frills accounts No-frills accounts have increased to around 99 million with...

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