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India's stand on Endosulfan wrong, says Benoy Viswom by Roy Mathew

India has opposed ban on the pesticide at Geneva meet, Forest Minister says India should not have become a ‘spokesman' of the pesticides lobby. Forest Minister Benoy Viswom has criticised the stand taken by India against global ban on Endosulfan at the sixth meeting of Persistent Organic Pollutants Review Committee to the Stockholm Convention at Geneva last week. “India's stand was not right. The general consensus at the meeting was in favour...

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Delhi Commonwealth Games contractors tax raids

More than 200 tax investigators in India have searched the offices of a number of contractors used in the run-up to the Commonwealth Games. The raids in Delhi came as the main opposition party, the Hindu nationalist Bharatiya Janata Party (BJP), demanded a parliamentary investigation. The Games, which ended last week in Delhi, were marred by spiralling costs and allegations of corruption. The BJP says it has evidence of wrongdoing at government...

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UP cane farmers, mills lobby govt for good price

The Uttar Pradesh government is expected to soon announce the price at which mills in the state will have to buy sugarcane from farmers. Having received a record Rs 260 per quintal for sugarcane last season, farmers are insisting on a similar payout this season. The figure will be keenly watched because high raw material costs can substantially reduce profitability of companies in a season of bumper sugar production and low...

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The Real Concern by Ashok V Desai

A patent is an artificial property right; it is created by the government, and would not exist if there were no government or if it did not grant patents. It is then for the government to decide whether to grant a patent or not. But a government would not normally make the decision arbitrarily; it would follow some rules. The rules universally followed are novelty, non-obviousness and commercial value. A...

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Suicide leash on lenders

Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...

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