-The Hindu Business Line Seek clarification on US trade representative's testimony that India has committed to address IP issues that concern America Mumbai: Has India informally agreed to make changes in its Intellectual Property Rights regime on the basis of US concerns? A sizeable section of the Indian pharmaceutical industry and some pro-health groups are worried that it has, following US Trade Representative Ambassador Michael Froman's testimony to the Senate Committee on...

-PTI MUMBAI: Facing criticism from its ally Shiv Sena over farmer suicides in the state's drought-hit regions, Maharashtra government has admitted that a lot more needs to be done to stop such incidents. The government is working towards increasing the agricultural productivity of farmers and some big measures will be announced in the state budget in their interest, state Finance Minister Sudhir Mungantiwar said. Please click here to read more. ...

-Business Standard Likely to carry out mid-term appraisal; states could continue with annual Plans Contrary to popular belief, the National Democratic Alliance government may not scrap the 12th five-year Plan (2012-13 to 2016-17) formulated by the United Progressive Alliance (UPA) government. Instead, it may carry out a course correction, in consultation with ministries and state governments. A model for such a structured rectification would be firmed up at the first governing council meeting...

-The Indian Express The Finance minister plans to scrap the supply of subsidised kerosene through the public distribution system (PDS) and high time, too. To begin with, why has the kerosene subsidy needed reform for decades and yet reform never materialised? Kerosene obtained through the PDS, being cheaper, is used to adulterate diesel and petrol. Kerosene leakages in the PDS are estimated to be 40 per cent of total allocations. The diversion...

-The Financial Express   With the High Level Committee (HLC) on restructuring FCI pointing to a 47% leakage in the 55 million tonnes of grain distributed through ration shops, the only viable solution is to shut down the PDS as the HLC has recommended be done over a period of time. Not surprisingly, many have argued that, in states that have restructured their ration shop operations-such as Chhattisgarh-there has been a dramatic...