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Coronavirus in China to make drugs expensive in India: Report

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New Delhi, Feb 17 : The prices of generic drugs in India are likely to go up due to the country’s excessive dependence on the imports of active ingredients from China, which has been hit by the novel coronavirus epidemic.

While noting that Indian imports are highly dependent on China, the Confederation of Indian Industry (CII) in its report on the impact of ‘novel coronavirus in China’ has said that the supply chain disruption caused by the lockdown placed in four provinces and around 50 cities of China has “significant ramifications for Indian industry”.

43 per cent of India’s imports from the world coming from China.

India sources about 65-70 per cent of active pharmaceutical ingredients and close to 90 per cent of certain mobile phone parts from China.

The world’s largest manufacturer and exporter, China also accounts for 45 per cent of India’s total electronics imports, one-third of machinery and almost two-fifths of organic chemicals and over 25 per cent of automotive parts and fertilizers.

Though the overall impact on Indian economy so far is “moderate”, the CII has said that sectors like pharmaceuticals, shipping, automobiles, mobiles and electronics have already been or likely to be impacted.

The Indian pharma industry heavily relies on imports of bulk drugs (Active Pharmaceutical Ingredient and intermediates), with 70 per cent of API coming from China. Imports from China have been on a steady rise over the years due to the low-cost advantage Chinese manufacturers have. India imported around Rs. 249 billion worth of bulk drugs last year, accounting for around 40 per cent of overall domestic consumption. Last year, India imported Rs. 174 billion of API from China while exporting only Rs. 16 billion worth APIs. The value addition in India is mainly through formulation, packaging and distribution.

The coronavirus outbreak has disrupted supplies of pharmaceutical ingredients from China, resulting in shortages and potential price rise of generic drugs in India, the CII has said. “Indian pharmaceutical companies are now running close to exhausting their supply of APIs (usually have up to two months stock) and considering supply from other countries,” the report revealed, adding that the situation has not reached to any crisis yet as stocks and viable alternatives are still available.

Expressing concern about the delays in shipments between India and China, the CII has noted a sharp drop in the dry bulk cargo movement since last month.

“Realisation per day per vessel has declined by more than 75-80 per cent in dry bulk trade,” the report said.

If the shutdown in China persists, the CII predicts an eight to ten per cent contraction of Indian auto manufacturing in 2020.

“However, for the fledgling electric vehicle industry, the impact may be greater since India is dependent on Chinese battery supplies,” the CII said.

India

SC comes to the rescue of DU law student, gives her shot at career in law

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Delhi University

The past two years have been tumultuous for law student Ankita Meena. Amid several legal adversities, she continued to put a brave face and cleared all the hurdles in finishing her law studies at Delhi University.

In second year, she was not allowed to write her exams, as she missed classes due to the advanced stage of her pregnancy. Her miseries were quadrupled after her results for fourth, fifth and sixth semesters were also withheld. Yet she did not give up and continued the battle in the top court, which reached its finality on Friday. The Supreme Court has now directed the Delhi University to declare the fifth semester results, which would allow her to have a shot at a career in law.

On Friday, a bench headed by Chief Justice S.A. Bobde and comprising Justices A.S. Bopanna and V. Ramasubramanian said: “The IA (intervention application) and the SLP (special leave petition) are disposed of, directing the university to declare the fifth semester supplementary examination results of the petitioner and issue the provisional degree along with necessary certificates, provided she had passed the examinations, subject to the petitioner clearing the other formalities.”

Meena joined the three-year LLB course at Law Centre II, Faculty of Law, Delhi University, in August 2016. By the time she joined the course, she was already married for about five months. She completed the first three semesters without any hindrance. However, she fell short of the required attendance mark during the fourth semester, due to two difficulties: One, she gave birth to a baby in February 2018; and second, the teachers’ association went on strike in middle of March, hence classes were impacted.

In May 2018, when she was in second year, the top court declined to give her permission to write her exams as she had missed her classes due to her pregnancy. The court noted that it was “very uncomfortable” to pass an order at 1 pm on her plea to sit in the exam scheduled an hour later.

In October 2018, the top court permitted her to attend classes at her own risk on completion of the required formalities.

In February 2019, the court directed the university to permit her to attend the classes for sixth semester as per its October 2018 order. On July 5, 2019, the Supreme Court directed the university to permit her to appear in the fifth semester supplementary examination scheduled the next day.

In July 2020, the apex court directed that her results for fourth and sixth semesters be declared. Following these orders, Meena appeared for fourth, fifth and sixth semester exams.

The university had declared the results of the fourth and fifth semester examinations, but did not declare the results for the fifth semester supplementary examination. The top court noted that Meena has completed the course in entirety and the results of all the semester examinations except the fifth semester supplementary examination have already been declared.

Directing the university to declare the fifth semester results, the top court said: “This order is passed under the peculiar facts and circumstances of the case.”

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CWC meet: Senior leaders engage in verbal spat over internal elections

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Ashok Gehlot

The Congress Working Committee (CWC) meeting on Friday witnessed some heated exchange of words among Rajasthan Chief Minister Ashok Gehlot, senior leader Anand Sharma and several other dissenters over internal elections, party sources said.

According to a party source, Sharma, Ghulam Nabi Azad and P. Chidambaram raised the issue of the elections for the CWC post.

Following the issue of the elections, Gehlot ticked off the dissenters without naming them and said that a few party leaders keep on demanding for the organisational elections instead of discussing how to deal with the BJP.

The source also said that the Rajasthan Chief Minister has stated that party leaders are wasting time discussing irrelevant issues like party elections.

“We should leave the matters and decisions to the party’s president,” Gehlot said.

He also questioned the party leaders: “If they don’t believe the party leadership (Sonia Gandhi) or not?”.

Gehlot was backed by senior party leader Ambika Soni, Punjab Chief Minister Captain Amarinder Singh, Tariq Anwar and former Kerala Chief Minister Oommen Chandy.

Hitting back at Gehlot, Sharma said that few members of the party keep on disrespecting the senior leaders.

Following the ugly verbal spat among the senior leaders, former Congress chief Rahul Gandhi intervened to placate both the groups.

However, party leaders at a press conference maintained that there was no such verbal war in the CWC, which is the highest decision making body of the party.

After the CWC meet, Congress General Secretary (Organisation) K. C. Venugopal said that the party will have an elected president by June this year at any cost.

“The CWC discussed the schedule of Congress president’s elections in May-end, proposed by its election authority. All CWC members unanimously requested Congress president that the internal elections should not interfere with the Assembly polls,” Venugopal said.

Congress national media in-charge Randeep Singh Surjewala said that “don’t get misguided and don’t fall for rumours”.

“The leaders whose names have been taken are not dissenters — they are our respected leaders and they are our family members. And we all were unanimous that the party election schedule be postponed for a month,” Surjewala said at a press briefing after the meeting.

Responding to the question of senior leaders sparring over the organisational election issue, Venugopal said, “There was no big debate in the CWC. We will conduct party election as per its constitution. And the schedule will be out very soon.”

“Some change in schedule was required due to coming Assembly elections (in Kerala, Tamil Nadu, Assam, West Bengal, and Puducherry) and that was taken into consideration; the party will announce the election schedule accordingly,” he said.https://df6bd6113aa2538c990afac925a9dc43.safeframe.googlesyndication.com/safeframe/1-0-37/html/container.html

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11th round of talks breaks down, deadlock on farm laws continues

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Farmers

The eleventh round of talks between the government and representatives of the farmers Union ended on Friday without any solution in sight as Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar urged the Union leaders to rethink about rejecting the government’s proposal to suspend the new farm laws for one and half years.

No date for the next round of talks has been decided and the meeting will be held whenever farmer leaders are ready for a dialogue on the proposal given by the government in the 10th round of talks, on January 20.

After the meeting, Parminder Singh Palmajra, a Bharatiya Kisan Union leader from Punjab, said the farmers will now further intensify the agitation. The ministers present in the talks — Agriculture Minister Narendra Singh Tomar, Railways, Commerce and Food Minister Piyush Goyal and Minister of State for Commerce Som Parkash — will shortly address the media about the dialogue.

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