-Business Standard Indian and other generic drug firms face prospect of US legislature debating compensation for undue price rises Indian generic drug makers might, if a proposed US law comes about, need to pay a rebate to the federal Medicaid programme there when prices of their medications outpace inflation. A Bill is to be introduced in the US Senate by a member, aimed to cushion the impact on taxpayers in this manner...
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Doesn't India Already Have an IPR Policy? -Sunil Mani
-Economic and Political Weekly The National Democratic Alliance government has constituted the IPR Think Tank which, among other things, is to draft the National Intellectual Property Rights Policy. India may not have a policy per se but it has a strong legislation on IPRs, a functioning patents office and mechanisms to grant patents as well as protect consumer interests. The Think Tank has other issues it needs to address, but is...
More »LPG subsidy may soon go for the rich, Arun Jaitley says
-The Times of India NEW DELHI: If you are economically well off, you may soon have to pay full market price for your cooking gas refills. "The next important decision India will have to take is whether people like me ... (are) entitled to get our LPG (liquefied cooking gas) subsidy," finance minister Arun Jaitley said here on Friday. "I think the sooner we are able to take these decisions as to who...
More »BJP-ruled states slow in linking Jan Dhan with Aadhaar -Sandeep Singh
-The Indian Express New Delhi: Even as Prime Minister Narendra Modi has made the Pradhan Mantri Jan Dhan Yojana (PMJDY) a flagship programme of his government, BJP-ruled states seem to be lagging behind in linking these accounts with Aadhaar - the first step towards enabling direct benefit transfers. Among the large states which accounted for over 10 lakh Jan Dhan accounts as on November 12, Telangana and Andhra Pradesh top the list,...
More »Made for Big Pharma -Paranjoy Guha Thakurta
-Deccan Chronicle Prime Minister Narendra Modi may be patting himself on the back because President Barack Obama has agreed to India's position on food stockholding norms in World Trade Organisation (WTO). However, New Delhi seems to be bending over backwards to accommodate the American government and giant multinational corporations (MNCs) in the pharmaceutical industry, which will work to the detriment of our country's interests. In less than six months, the Modi government...
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