-Newsclick.in A few weeks back Fortune magazine and CNN carried a long online blog titled ‘Dirty Medicine' by Dinesh Thakur, a former employ of Ranbaxy, where he recounts how he came across several procedural and other lapses in the company's manufacturing facilities. Since then the Fortune blog has become one of the most widely circulated and commented upon business stories in the world. The story received attention as it came in the...
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EU fines Ranbaxy, others for blocking cheaper drugs
-Reuters BRUSSELS: Nine drugmakers, including Denmark's Lundbeck and India's Ranbaxy, were fined a total of 146 million euros by EU antitrust regulators on Wednesday for blocking the supply of a cheaper anti-depressant medicine to the market. The punishments follow a 2009 report by the European Commission on the pharmaceutical sector, which said "pay-for-delay" deals lead to consumers paying as much as 20 percent more for their medicines. The EU action came two days...
More »Social Protection Can Help Overcome Poverty and Hunger -Jomo Kwame Sundaram
-IPS News ROME: The growing consensus, momentum and commitment to eradicate world hunger may seem overly ambitious in view of the slow progress in reducing the number of hungry people in the world in recent decades. After all, declining food prices in the second half of the 20th century, thanks to increasing production, were not enough to eliminate poverty and hunger in the world. In the 1960s and 1970s, many governments invested a...
More »Safe drinking water to rural areas a distant dream: CAG
-The Hindu Of the 112 projects approved between 2008-12, none were completed Bangalore: The Comptroller and Auditor General of India (CAG) has said there is "no indication of that all habitations would have access to safe drinking water anytime in the near future" given the pace of coverage and Competition of projects under National Rural Drinking Water Programme is very slow. The CAG report on Local Bodies for the period 2007-12, which was...
More »Investing in small-scale farmers can help lift over 1 billion people out of poverty –UN report
-The United Nations Given the right conditions and targeted support, small farmers can unleash a new and sustainable agricultural revolution, the United Nations environment agency a partner agricultural development organization reported today on the eve of World Environment Day. According to the report, Smallholders, Food Security and the Environment, an estimated 2.5 billion people who manage 500 million smallholder farm households provide over 80 per cent of the food consumed in much...
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