-Business Standard Govt's revised method of calculating output and growth make recomparisons inevitable in earlier judgments At the outset, nobody would believe that India's economy expanded by double-digits only four years earlier and the growth rate in gross domestic product (GDP) dived to as little as below four per cent during the global financial crisis period of 2008-09. Yet, these would be the facts if one measures growth in terms of the...
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More patent-opposition on Gilead’s hepatitis C drug, sofosbuvir -PT Jyothi Datta
-The Hindu Business Line Mumbai: A fresh bout of opposition has been filed against Gilead's patent application on hepatitis c drug sofosbuvir. This comes close on the heels of a spate of developments involving the drug, last month. Non-government organisation Sankalp Rehabilitation Trust, represented by the Lawyers Collective has filed a pre-grant opposition on the drug in the Delhi patent office. (A pre-grant opposition allows Interested parties to oppose a patent application...
More »State needs to have a pro-poor minor mineral policy -Manas Jena
-The Pioneer Bhubaneswar: With the increasing demand for building and construction materials in a rapid urbanisation and industrialisation process in the State, the use of minor minerals has been increasing. The housing and road communication projects, both in rural and urban areas and industrial hubs, have created huge demand for minor minerals that have raised concern for an effective minor mineral management policy. It is a fact that in many areas there...
More »Postal Dept to Open 1 Cr Savings A/Cs for Girl Child by March 31
-Outlook New Delhi: The postal department will be looking at opening 1 crore small savings accounts for the girl child by March 31 as part of the 'Beti Bachao Beti Padhao' campaign, Communications and IT Minister Ravi Shankar Prasad said today. "The postal department has decided to open 1 crore 'Sukanya Samridhi Account' by March 31," Prasad said here. 'Sukanya Samridhi Account' can be opened at any time from the birth of a...
More »Volte-face on Food Security
-Economic and Political Weekly A "high-level" committee makes half-baked recommendations which will rollback the PDS. A ccording to media reports, former Union Minister for Food Shanta Kumar recently disowned the National Food Security Act (NFSA) on behalf of the Bharatiya Janata Party (BJP). He explained, without blinking, that the BJP had just pretended to support the Act when it was being discussed in Parliament, for fear of the possible electoral consequences of...
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