One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...

Says respond else face action Annoyed by the non-submission of reports regarding illegal clinical trials of breast cancer drug, the National Human Rights Commission (NHRC) has issued notices to the Union health ministry and the Andhra Pradesh government. It has asked the Centre and the state government to respond within six weeks or face action. The commission had in June last year sent notices to the Union health secretary, secretary of the...

-The Economic Times India on Thursday voted in favour of a US-sponsored censure motion against Sri Lanka in the 47-member UN Human Rights Council in Geneva. The government's domestic political compulsions seems to have prevailed over the country's strategic interests. Twenty-four countries, including India, voted for the resolution and 15 against, while eight nations abstained. Among the countries which voted against the resolution were China, Pakistan, Bangladesh and Maldives. India's decision was...

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...

-PTI   Amidst mounting pressure from ally DMK and other parties, Prime Minister Manmohan Singh on Monday said India was "inclined to" vote in favour of a resolution on Sri Lanka at the UN which meets "our objectives" with regard to the future of ethnic Tamils. Responding to strong concerns of political parties, Singh told the Lok Sabha that India was yet to receive the final text of the draft resolution moved at...