-The Hindu Business Line Retains Section 3(d), which checks ‘evergreening’, despite US pressure New Delhi: The national Intellectual Property Rights (IPR) policy approved by the Union Cabinet has proposed tax breaks to promote research and development, a loan guarantee scheme to cover risk of failure of IPRs, and a dedicated cell to promote the creation and commercialisation of IP assets. The policy also suggests the establishment of a mechanism for implementation, monitoring and...

-The Hindu The policy fails to acknowledge that IP is a market-driven model’ India’s National Intellectual Property Rights (IPR) policy, unveiled on Friday, could pose a “serious” hurdle to allowing access to affordable drugs and the South Asian nation missed a chance to put in place a progressive policy, according to experts. The policy left the country’s patent laws intact and specifically did not open up Section 3(d) of the Patents Act, which...

-The Hindu Business Line The recently launched e-NAM (National Agriculture Market) is targeted to be rolled out in 200 mandis across the nation on September 30, 2016. In recent years, the country has seen rising efforts by the government and private companies to unify agricultural markets. It is expected that participants across the nation will trade on the e-NAM platform and that the prices of agricultural produce will be determined based on...

-The Asian Age The Supreme Court on Friday directed the Centre and state governments not to hide behind the “smokescreen of lack of funds” and ordered wide-ranging relief for drought-affected people in 12 States. These include mid-day meals during the summer vacation, addition of egg or milk to the mid-day meal menu, to universalise foodgrain rations and ensure adequate and timely release of funds for NREGA. It also ordered implementation of...

Till recently agricultural production in the current crop year was expected to be adversely affected by drought situation in more than 10 States, apart from hailstorms and excessive rainfall that happened in March. However, if one were to believe a recent forecast made by the Ministry of Agriculture, the overall foodgrain production in the country this crop year is anticipated to remain almost the same as last year. In 2014-15,...