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

publicSubscribe to public

LIC IPO

There are serious apprehensions that post initial public offering, the Life Insurance Corporation of India would have to change its very business model, whereby it will have to push for the sale of more non-participatory policies as 100% of profits from such policies will flow to the shareholders. Thet neglect of the rural business will hurt the interests of the lower-middle and poorer sections who look at LIC policies as an instrument of social security.

India’s Domestic Pharmaceutical Firms and Their Contribution to National Innovation System-building

Domestic pharmaceutical firms continue to operate under the influence of the strategy of global integration of the pharmaceutical industry and healthcare. The link between domestic firms and public sector research organisations is the weakest link in the domestic pharmaceutical industry due to misguided policies in competence-building and innovation system-building after India accepted the Trade-Related Aspects of Intellectual Property Rights Agreement in 1995. The government should rethink its strategies to get domestic firms to contribute to system-building activities and prioritise investment into the upgrading of processes of learning and building competence.
Back to Top