Halt ongoing negotiations, says open letterWith Prime Minister Manmohan Singh set to hold talks with his counterpart in Brussels on trade and economic issues, a broad civil society alliance on Thursday called on the European Commission and India to immediately halt the ongoing negotiations for an India-EU Free Trade Agreement.The India-EU summit on Friday is likely to give a political mandate for working towards the conclusion of the FTA in...
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The ugly underbelly of Microfinance by Roli Srivastava, Swati Bharadwaj-Chand & Partha Sinha
SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...
More »Trade Talks with EU Put Drug Manufacturers on Edge by Keya Acharya
Their ongoing negotiations remain shrouded in secrecy, but there are already reports that India and the European Union (EU) will have a free-trade agreement ready by the end of August, and that they will be putting signatures to it before the end of 2010. Yet it is a potential development that is causing more nervous chatter than joyous jitters here in India, where drug manufacturers in particular have raised concerns over...
More »Who owns the eggplant? by Latha Jishnu
As agriculture universities transform local varieties into genetically modified Bt brinjal, questions of ownership arise. Indians call it the brinjal. Other countries know it as the eggplant or aubergine. It is widely used the world over and every cuisine from the Chinese to the African has an encyclopaedia of recipes that establishes its popularity as a vegetable of daily use. And no vegetable has hogged the headlines as much as the...
More »Seeds of trouble by Latha Jishnu
Who is afraid of the multinational seed giants? Practically everyone, it seems, barring governments. The more enlightened agricultural scientists, the legion of activists, small farmers and plant breeders across the world have all been worried by the fast dwindling biodiversity and consolidation of the global seed trade through patenting. Now, the UN has joined the chorus of concern but unfortunately its notes, perhaps because it was distant and bass, or...
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