The Budget provides proof of the United Progressive Alliance government having forgotten the importance of its own “flagship schemes”. BUDGET 2012-13 provides conclusive proof that the United Progressive Alliance (UPA) government has lost its way. It has managed the remarkable feat of upsetting almost everyone and making no one happy. The Budget is highly regressive in both taxation and spending terms and will raise prices of essentials, so aam aurat and...

-Economic and Political Weekly The compulsory licence for Nexavar is only the beginning of a new battle over drug prices. The grant of a compulsory licence (CL) to Natco Pharma, a relatively small Indian pharmaceutical company, to manufacture and sell the cancer drug sorafenib (Nexavar) has been rightly hailed as a major step forward for public health and the wider availability of life saving medicines.   The German pharmaceutical company Bayer holds the patent...

Travelling in rural India always yields rich insights into how poor women struggle to provide that little extra, in terms of food, for the family meal. It was in the village of Vijaypura – in the drought prone Bundelkhand region of Uttar Pradesh – that I came across Bharati, a 39-year-old farm woman and homemaker, working her everyday magic by laying out slices of potato and whole green chillies on the...

The way has been cleared for public access to the data collected by Union government ministries and departments, with official approval being accorded to the National Data Sharing and Accessibility Policy (NDSAP). Following its recent approval by the Union Cabinet, the policy has been notified and is in the process of being gazetted, said R. Siva Kumar, CEO of the National Spatial Data Infrastructure, and head of the Natural Resources Data...

One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...