It is said that only God and a few good men and women run India. One such man is P H Kurien. For readers unfamiliar with his name, Kurien was India's Controller General of Patents, Designs & Trade Marks until March 12, 2012. On March 9, 2012, just three days before he left office, he issued the first-ever compulsory licence in India for the manufacture of a drug still under patent....

-The Business Standard Govt cannot delay increasing diesel, LPG prices Petroleum Minister Jaipal Reddy, speaking after a ministerial-level meeting on inflation on Monday, said that the government had no immediate plans to raise the administered prices of diesel, kerosene and domestic LPG (liquefied petroleum gas). This comes after oil marketing companies raised the price of petrol last week by Rs 7.50 per litre, an increase of 12 per cent. Mr Reddy’s...

Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...

An expert panel has blamed the increase in commercial plantations for destroying forests, erosion of soil and water bodies in the Western Ghats. According to a Western Ghats Ecology Expert Panel report, which was submitted to the Ministry of Environment and Forests (MoEF) by its Chairman, Prof Madhav Gadgil, water guzzling crops and monoculture plantations such as tea, coffee, and cardamom are responsible for depleting forest wealth. “These crops have aggravated the...

Maintaining his pro-Adivasi approach, Union Rural Development Minister Jairam Ramesh on Monday said the time had come to make changes in the country's Economic Policy keeping the interests of the Adivasi population in view. “Though the country has achieved enough economic progress, the benefit of our Economic Policy has not reached the Adivasi people so far. The injustice done to the Adivasis needs to be corrected with concern and care,” Mr....