ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by James J NedumparaSubscribe to James J Nedumpara

Sustaining the Blue Economy

Subsidies provided for commercial fishing activities directly contribute to overfishing and decline in fish stocks, threatening to affect the food security and livelihood of millions in coastal areas. Hence, in an unprecedented move to conserve and sustain marine resources, the World Trade Organization membership is currently engaged in negotiating disciplines for fishing subsidies that lead to overcapacity and overfishing, fishing of overfished stocks, and eliminating subsidies that contribute to illegal, unregulated and unreported fishing. This article analyses the most recent text tabled at the WTO on the disciplines related to fisheries subsidies and highlights certain outstanding issues where members are unable to reach an agreement.

Sustaining the Blue Economy

Subsidies provided for commercial fishing activities directly contribute to overfishing and decline in fish stocks, threatening to affect the food security and livelihood of millions in coastal areas. Hence, in an unprecedented move to conserve and sustain marine resources, the World Trade Organization membership is currently engaged in negotiating disciplines for fishing subsidies that lead to overcapacity and overfishing, fishing of overfished stocks, and eliminating subsidies that contribute to illegal, unregulated and unreported fishing. This article analyses the most recent text tabled at the WTO on the disciplines related to fisheries subsidies and highlights certain outstanding issues where members are unable to reach an agreement.

Prices of Patented Medicines in India

Medicines with valid patents generally enjoy exemption from price regulation in most countries. In India, the Drugs (Prices Control) Order lays down the rules for regulation of prices of medicines through a National List of Essential Medicines, inserted as Schedule-I of theDPCO. While any medicine that is included in Schedule-I automatically qualifies for price regulation, theDPCO exempts patented medicines that have been developed indigenously from price control for a period of five years.Can patented molecules for emerging as well as infectious diseases be brought under price regulation in India?
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