-The United Nations The ASIa-Pacific region, which has overtaken the rest of the world in consumption of raw materials as affluence and manufacturing increase, must boost its resource efficiency or risk losing ground in lifestyle, economic growth and environmental sustainability, according to a UN report released today. From 1970-2008, consumption of construction minerals increased 13.4 times, metal ores and industrial minerals consumption 8.6, fossil fuels 5.4, and biomass 2.7 times, according to...
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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...
More »India ranked 38th in Index of Democracy; US 21st
-IANS India also gets high scores for electoral process and pluralism (9.58) and civil liberties (9.41) Washington: Even as it acknowledges India as the world's most populous democracy, the Economist magazine's Index of Democracy 2012 ranks India 38th among 165 nations with an overall score of 7.52. India also gets high scores for electoral process and pluralism (9.58) and civil liberties (9.41). The top three positions go to Norway (9.93) Sweden (9.73) and...
More »President Pranab Mukherjee hits out at MNCs for their ‘intent to dodge tax’
-The Times of India NAGPUR: President Pranab Mukherjee on Monday slammed multinational companies saying they only looked for oversees locations with an intention to dodge taxes, raising eyebrows at a time when the country is desperately wooing foreign capital to plug a widening current account deficit. Addressing a function at the National Academy of Direct Taxes (NADT), Mukherjee said more than three-fourths of business transactions nowadays took place through the units of...
More »UN launches initiative to achieve ‘zero hunger’ in ASIa and the Pacific
-The United Nations The United Nations today launched the Zero Hunger Challenge in ASIa and the Pacific, calling on governments, farmers, scientists, business, civil society and consumers to work together to end hunger in the region where the majority of the world's undernourished people live. "Sustainable development and inclusive growth will not happen on empty stomachs," said Noeleen Heyzer, Executive Secretary of the UN Economic and Social Commission for ASIa and the...
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