-The Economic Times The labour ministry has set up a panel to look into discrepancies into its second annual employment and unemployment survey, which may have resulted in wide variation in performance of different states. "The committee will look at all aspects of the survey, including the methodology and the original field level data used. It will also look out for processing errors," a labour ministry official told ET. The findings of the...
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Farm production needs to rise 60 % by 2050: UN agency
—AFP World farm production must rise 60 per cent by 2050 to meet the needs of a growing population but this has to happen in a “more sustainable way”, the U.N. food agency FAO and the OECD said on Wednesday. “It’s mostly going to be about productivity”, said Angel Gurria, head of the Organisation for Economic Cooperation and Development (OECD), at a press conference in Rome, explaining that farmland area would increase...
More »Natco targets drugs ripe for compulsory licensing-Viswanath Pilla
-Live Mint Natco Pharma Ltd, which has started selling a generic version of Bayer AG’s patented cancer treatment Nexavar in India at a fraction of the price charged by the German firm, plans to use the so-called compulsory licensing route to try and win the right to copy more patented drugs, said vice-chairman and chief executive officer Rajeev Nannapaneni. The Hyderabad-based company has already identified the patented drugs for which it will...
More »Tax payers ignorance costs Rs 660 crore to government every year: TaxSpanner Report-Vidyalaxmi
-The Economic Times More than 94% of employees in India do not report income from other sources. This causes a loss of approximately Rs 660 crore to exchequer annually, says a report by TaxSpanner.com, a tax filing online portal. "More than 94 per cent of employees - liable to pay more than 10 per cent of their taxable income as tax - do not report income under the head, "Other Sources"," the...
More »A fertile ground for exploitation of women, says study-Aarti Dhar
-The Hindu Growing demand for male children, ‘same-caste’ surrogates Unregulated fertility clinics indulge in medical malpractices, including physical and economical exploitation of women, a study has shown. Shockingly, preference for male children and demand for ‘same caste’ surrogates are prevalent in India. “Some couples, say about 5 per cent, who come to my clinic demand surrogates from their own caste,” says Nayna Patel, of the Akanksha Fertility Clinic in Anand, Gujarat that has come...
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