-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
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Patent dispute: HC restrains Cipla from making and selling Indacaterol -Apoorva
-Livemint.com The interim injunction has been granted till Cipla's appLICation for compulsory LICensing of the drug is decided New Delhi: The Delhi high court on Friday restrained homegrown generic drug maker Cipla Ltd from making and selling Indacaterol, a drug claimed to be patented by Swiss pharma company Novartis AG. Indacaterol is a respiratory drug used in the treatment of chronic obstructive pulmonary disease and is sold under the brand name Onbrez. Please...
More »Generic drug makers get a boost from SC ruling -Ramnath Subbu
-The Hindu In a significant development for the pharmaceutical industry, the Supreme Court has rejected multinational Bayer's appeal to block production and sales of the low cost version of its kidney cancer drug, sorafenib tosylate (branded as Nexavar), by Natco Pharmaceuticals. Hyderabad-based Natco was granted the first and to date only compulsory LICence (CL) by the government in 2012 to make and sell a patented drug at a fraction of the...
More »Contract farming silence in farm bill -Sambit Saha
-The Telegraph Calcutta: Private companies will be able to buy farm produce directly from farmers in Bengal. But the widely-anticipated whoop of exultation from Indian industry over the amendment in the state's agri-marketing act was somewhat muted because of the lack of clarity on the issue of contract farming and the absence of clear guidelines on whether the state government would provide incentives and help in the acquisition of land for private...
More »Exploitation, by law -Vijay Raghavan
-The Indian Express The recent proposal by the National Commission for Women to legalise prostitution has opened up an old debate. It is a misnomer that legalisation would lead to improving the lives of women in prostitution by way of reduced harassment by the poLICe and provision of healthcare facilities. Advocates of legalisation should first examine the experience of countries where prostitution has been legalised. The mere fact that LICensing has...
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