TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...
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Poor countries host 80 per cent of world’s refugees, UN report shows
-The United Nations An estimated 80 per cent of the world’s refugees now live in developing countries and yet anti-refugee sentiment is growing in many industrialized nations, the United Nations said in a report unveiled today, urging the richer States to address the deep imbalance. In absolute terms and in relation to the size of their economies, poor countries shoulder a disproportionate refugee burden, according to the 2010 Global Trends report...
More »The Bitter Pills by Debarshi Dasgupta
India’s FTAs pip generic drugs production Lot More For Less * Generic drugs from India play a major role as antiretroviral drugs across the developing world * A 2010 study says 80% of the medicines used by donor-funded programmes to treat people with HIV were sourced from India * It’s cut down treatment costs drastically, from $10,000 to $80 * Stronger IP regimes may hamper production of generics *** The right of...
More »Gandhism Returns to Fight Corruption by Ranjit Devraj
Almost 65 years after Mahatma Gandhi used "satyagraha" or "truth force" to lead a movement against British rule in India, Gandhism is back, this time facing an enemy more pernicious than colonialism: corrupt politicians, bureaucrats and businessmen stashing stolen wealth abroad. The two foremost leaders of India’s anti-corruption movement, Anna Hazare and Baba Ramdev, are deploying satyagraha’s most potent weapon – fasting – with telling effect on the government. On Thursday, Hazare...
More »Agitation at POSCO intensifies, political parties to join in
-NDTV Protests continue to intensify against land acquisition for the proposed 12 billion dollar POSCO plant in Govindpur in Orissa. After warning the government of dire consequences in a statement on Friday, five political parties including the CPI, CPM and even civil society activists are expected to join in the protests. Nearly 2000 women, children and men have formed a human barricade to prevent the entry of police and administration in...
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