-The Times of India MUMBAI: Nearly 90 lakh farmers in Maharashtra have been impacted by the drought that has devastated the kharif crop, official data shows. The figure is almost on a par with the population of Sweden. Maharashtra is already known for its farm crisis and reports the highest number of farmer's suicides in the country. The drought - brought on by a delayed and inadequate monsoon - is set to...

-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...

-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...

-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...

-The Hindu The Shanta Kumar Committee's recommendations to unbundle the Food Corporation of India are in tune with U.S.-led demands raised in the World Trade Organization The Shanta Kumar Committee report, released last week, on a range of issues relating to procurement, storage and distribution of food grains is not only deeply flawed in its reading of the situation on food security, but also short on facts. It was prepared under the...