Reading Room D#03


Today’s Must read Article

  1. G20 hails India’s labour reforms, start-up policy

Key Points from this article –

  1. India moving on a path of sustainable inclusive growth as well as support to global economy.
  2. Ease of doing business, start up India and Labor reform are on tarck.
  3. India is facilitating external commercial borrowings (ECBs) by start-ups to encourage innovation and promote ease of doing business.

What is ECB ?

Any money that has been borrowed from foreign sources for financing the commercial activities in India are called External Commercial Borrowings.

How it differ from FDI?

ECB means kind of funding other than equatiy.

2. Easier access to H1N1 medicines raises fears of drug resistance

Key Points from this article –

  1. Oseltamivir and Zanamivir are antiviral drugs move from Schedule X to Schedule H1.
  2. Oseltamivir and Zanamivir are antiviral drugs that block the actions of influenza virus types A and B in the body.
  3. Oseltamivir is available as tablets, Zanamivir comes in powder form.
  4. Drugs under Schedule X require three copies of prescription for the doctor, patient and chemist, and can be sold by a chemist who holds a special Schedule X licence.
  5. the chemist has to preserve the prescription copy for up to three years.
  6. In Schedule H1, only one copy of the prescription is required, and drugs in this category can be sold by all chemists
  7. Bacteria mutate much faster than viruses
key points-
  1. Curcumin, the basic ingredient of turmeric- in nanoparticle form has several advantgaes in treanment of the TB.
  2. Because of the increased bioavailability of curcumin, the duration of treatment to achieve complete eradication of the bacteria is reduced significantly.
  3. it almost reduce to 50%.
  4. the addition of curcumin reduces liver toxicity, there can be better treatment adherence and lesser risk of drug resistance emerging
  5. it also ehnace the immune system.
Key Points from this article –
  1. location
  2. Iraqi Prime Minister Haider al-Abadi declared victory in the “liberated” city of Mosul over IS
  3. The recapture of Mosul will not however mark the end of the threat posed by IS, which holds territory elsewhere in Iraq and is able to carry out frequent bombings in areas held by the government.
Key Points from this article –
  1. Doka La stand-off, at the southern tip of the Chumbi Valley where India, Bhutan, and China meet, is perhaps the most significant of all the border confrontations that have roiled the India-China relationship in recent years.
  2. India-China Relationship in a flux
  3. China believes that India should acknowledge the power disparity between the two sides and show appropriate deference to China.”
  4. that the government is conducting a national security review of Chinese investment in South Asia
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