Sounding a note of caution, the Economic Survey has stressed that for “growth to be inclusive” India must create adequate employment opportunities—a call that underlines existing inequality, including urban-rural income disparity, and concern that it may increase as more young people enter the job market. While India’s unemployment rate has dropped from 8.2% in 2004-05 to 6.6% in 2009-10, the number of jobless is still huge in absolute terms. The...

In a landmark decision that could set a precedent on how life-saving drugs under patents can be made affordable, the government has allowed a domestic company, Natco Pharma, to manufacture a copycat version of Bayer's patented anti-cancer drug, Nexavar, bringing down its price by 97%. In the first-ever case of compulsory licencing approval, the Indian Patent Office on Monday cleared the application of Hyderabad's Natco Pharma to sell generic drug Nexavar,...

A tectonic shift in the global climate negotiations got underway with the African group of countries siding with India in demanding that equity and 'common but differentiated responsibilities' be embedded in the talks for a future climate regime. The re-alignments became evident with several key groups of nations submitting their views on how countries should increase their ambition levels for cutting emissions in the coming years. The submissions from Association of Small...

-AFP Water problems in many parts of the world are chronic and without a crackdown on waste will worsen as demand for food rises and climate change intensifies, the UN warned on Sunday.  Issued on the eve of a six-day gathering on world water issues, the United Nations, in a massive report, said many daunting challenges lie ahead.  They include providing clean water and sanitation to the poor, feeding a world population set...

As non-governmental organisations question the relevance of the World Water Forum being held here this week and slam its "corporate" nature, the United Nations says that a coordinated approach to managing and allocating water is critical. The fourth edition of the triennial World Water Development Report (WWDR), which brings together the work of 28 U.N.-Water members and partners is being officially launched Monday at the Forum. It stresses that water "underpins...