Discuss patent waiver extension for Covid diagnostics: Goyal urges G20

Commerce and Industry Minister Piyush Goyal on Thursday urged the G20 countries for starting timely discussions in the WTO on extending patent waiver for the production and supply of COVID-19 diagnostics and therapeutics. In June, members of the World Trade Organisation (WTO) agreed to grant a temporary patent waiver for manufacturing COVID-19 … Read more

Hold talks to extend TRIPS waiver to Covid diagnostics: Piyush Goyal to G20

Commerce and Industry Minister Piyush Goyal on Thursday urged G20 member nations to commit to “timely” discussions on “important” decisions mandated at the World Trade Organisation’s (WTO) 12th ministerial conference on issues. These included matters related to WTO reforms, including strengthening of the dispute settlement mechanism, as well extension of TRIPS waiver … Read more

DoT proposes fee, penalty waiver under new telecommunication bill

The government on Wednesday released the draft Indian Telecommunication Bill, 2022, under which it has proposed a provision to waive off fees and penalty of telecom and internet service providers. The ministry has proposed provision for refund of fees in case a telecom or internet provider surrenders his license. “Seeking your … Read more

Biden will expedite CAATSA sanctions waiver, has political mileage: Khanna

The recent India-specific CAATSA sanctions waiver by the US House of Representatives is the most consequential vote since the civilian nuclear deal, an influential Indian-American Democratic Congressman has said, asserting that US President Joe Biden will expedite the waiver because he has the political mileage and the backing of 300 members … Read more

US votes for India-specific CAATSA waiver to fight aggressors like China

The US House of Representative on Thursday passed a legislative amendment that approves an India-specific waiver for punitive CAATSA sanctions. Authored and introduced by Indian-American Congressman Ro Khanna, the amendment urges the Biden administration to use their authority to provide India with a Countering America’s Adversaries Through Sanctions Act … Read more

GST Council okays mandatory registration waiver for small online retailers

In a move aimed at boosting the unorganised sector, the Goods and Services Tax ( GST) Council has agreed to waive mandatory registration for small online sellers. The changes in the law will come into force on January 1, 2023. The move will benefit approximately 120,000 small traders, officials … Read more

India supported TRIPS waiver for benefit of developing nations: Goyal

The deal on intellectual property waiver, which was agreed upon by 164 member nations of the World Trade Organization (WTO) last week, will help developing countries manufacture patented Covid-19 vaccines, Commerce and Industry Minister Piyush Goyal said on Monday. “Many developing nations were suffering as they did not have … Read more

TRIPS waiver deal in WTO to help countries make Covid vaccines: Goyal

Commerce and industry minister Piyush Goyal on Monday said intellectual property rights (TRIPS) waiver for five years agreed in the recently concluded WTO meet will help developing countries manufacture patented Covid vaccines to deal with the pandemic. Goyal said that India already has a number of Covid vaccines and … Read more

Nations getting ‘half-baked deal’ on TRIPS waiver: Goyal at WTO meeting

Expressing concerns over the way some developed countries are nitpicking on the proposal of patent waiver to deal with Covid pandemic under the aegis of the WTO, India on Tuesday said nations that are supporting the proposal are getting completely “half-baked” deal and that will not allow them to make any … Read more