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World Bank urges India to make PF must for formal staff-Vikas Dhoot

-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing finance ministry...

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More nations adopting Indian intellectual property regulations for drug manufacturing-Khomba Singh

-The Economic Times A growing number of countries are adopting India's intellectual property regulations, which give enough flexibility to local companies to produce generic versions of popular drugs to safeguard public health. Although multinational companies have criticised India for being lax in enforcing intellectual property (IP) laws, countries such as China, Argentina and the Philippines are adopting similar provisions. Last month, China amended its IP laws, allowing local companies to produce low-cost versions...

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Will food coupons work?-Devinder Sharma

Several studies in India have shown that more than 40 per cent of foodgrain meant for the poor is pilfered on the way. In order to ensure that food reaches the needy and the hungry across the country, the government has launched a series of steps to streamline the public distribution system (PDS). Among several initiatives being planned, especially in the light of the National Food Security Act under preparation, a...

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Rio+20 summit must move world beyond 'grow now, clean up later'-Connie Hedegaard

-The Guardian  The Earth summit has to ensure sustainability is at the heart of growth models – the swelling global population depends on it Growth in itself is neither our enemy nor our problem. But what kind of economic growth do we need? And do we want growth at any cost? A child born today is one of seven billion people on Earth, and during its lifetime will see the world's population grow...

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Not just another summit

-The Business Standard At Rio, the stakes for India are high There will be some high-profile absentees, but 120 heads of government are still turning up at Rio de Janeiro for the United Nations Conference on Sustainable Development, or Rio+20. Their task is so daunting that they are practically set up to fail: to chalk out a strategy for earth-friendly economic development, focused at eradicating poverty and hunger and meeting basic needs...

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