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India is rushing headlong towards economic success and modernisation, counting on high- tech industries such as information technology and biotechnology to propel the nation to prosperity. India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately, its weak higher education sector constitutes the Achilles heel of this strategy. India’s main competitors especially China but also Singapore, Taiwan, and South Korea are investing in large and differentiated higher education systems. They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research based universities that are able to compete with the world’s best institutions. There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. India Educates approximately 10 percent of Its young people in higher education compared with more than half in the major industrialized countries and 15 percent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres, and there are a small number of outstanding undergraduate colleges.
What did India agree to do at the behest of the World Trade Organisation?
  • a)
    It would stop manufacturing all types of pharmaceuticals
  • b)
    It would ask its domestic pharmaceutical companies to compete with the international ones.
  • c)
    It would buy only licensed drugs from the USA.
  • d)
    It would not manufacture cheap common medicines without a license.
Correct answer is option 'D'. Can you explain this answer?
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India is rushing headlong towards economic success and modernisation,...
In the passage it is mentioned that “India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation” implies that India agreed to manufacture cheap common medicines without a license at the behest of the World Trade Organisation.
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India is rushing headlong towards economic success and modernisation,...
Understanding India's Commitment to the World Trade Organisation
India's recent policy change regarding pharmaceutical manufacturing is a direct response to its obligations under the World Trade Organisation (WTO). This shift has significant implications for the country's pharmaceutical industry and its position in the global market.
Key Points of the Agreement
- Ceasing Unlicensed Production: India agreed to stop manufacturing inexpensive generic pharmaceuticals without a license. This means that the country will no longer produce drugs that do not have the necessary intellectual property rights, aligning with international trade agreements.
- Encouraging Competition: By limiting the production of unlicensed drugs, India is challenging its domestic pharmaceutical companies to innovate and compete with multinational firms. This competition is essential for enhancing the quality and efficacy of pharmaceuticals produced in India.
- Impact on the Pharmaceutical Sector: The agreement places pressure on Indian pharmaceutical companies to develop their own proprietary drugs or invest in research and development to create new, licensed products.
- Global Trade Compliance: Complying with WTO regulations is crucial for India as it seeks to integrate more deeply into the global economy. The commitment reflects India's recognition of the importance of intellectual property rights in fostering innovation.
Conclusion
In summary, India's decision not to manufacture cheap common medicines without a license is a strategic move towards compliance with international trade norms. It reflects a broader shift in policy aimed at improving the quality of Indian pharmaceuticals while fostering a competitive environment in the global market. This change is vital for India's economic modernization and its aspirations in high-tech industries.
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India is rushing headlong towards economic success and modernisation, counting on high- tech industries such as information technology and biotechnology to propel the nation to prosperity. India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately, its weak higher education sector constitutes the Achilles heel of this strategy. India’s main competitors especially China but also Singapore, Taiwan, and South Korea are investing in large and differentiated higher education systems. They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research based universities that are able to compete with the world’s best institutions. There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. India Educates approximately 10 percent of Its young people in higher education compared with more than half in the major industrialized countries and 15 percent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres, and there are a small number of outstanding undergraduate colleges.What did India agree to do at the behest of the World Trade Organisation?a) It would stop manufacturing all types of pharmaceuticalsb) It would ask its domestic pharmaceutical companies to compete with the international ones.c) It would buy only licensed drugs from the USA.d) It would not manufacture cheap common medicines without a license.Correct answer is option 'D'. Can you explain this answer?
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India is rushing headlong towards economic success and modernisation, counting on high- tech industries such as information technology and biotechnology to propel the nation to prosperity. India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately, its weak higher education sector constitutes the Achilles heel of this strategy. India’s main competitors especially China but also Singapore, Taiwan, and South Korea are investing in large and differentiated higher education systems. They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research based universities that are able to compete with the world’s best institutions. There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. India Educates approximately 10 percent of Its young people in higher education compared with more than half in the major industrialized countries and 15 percent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres, and there are a small number of outstanding undergraduate colleges.What did India agree to do at the behest of the World Trade Organisation?a) It would stop manufacturing all types of pharmaceuticalsb) It would ask its domestic pharmaceutical companies to compete with the international ones.c) It would buy only licensed drugs from the USA.d) It would not manufacture cheap common medicines without a license.Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about India is rushing headlong towards economic success and modernisation, counting on high- tech industries such as information technology and biotechnology to propel the nation to prosperity. India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately, its weak higher education sector constitutes the Achilles heel of this strategy. India’s main competitors especially China but also Singapore, Taiwan, and South Korea are investing in large and differentiated higher education systems. They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research based universities that are able to compete with the world’s best institutions. There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. India Educates approximately 10 percent of Its young people in higher education compared with more than half in the major industrialized countries and 15 percent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres, and there are a small number of outstanding undergraduate colleges.What did India agree to do at the behest of the World Trade Organisation?a) It would stop manufacturing all types of pharmaceuticalsb) It would ask its domestic pharmaceutical companies to compete with the international ones.c) It would buy only licensed drugs from the USA.d) It would not manufacture cheap common medicines without a license.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. 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They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research based universities that are able to compete with the world’s best institutions. There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. India Educates approximately 10 percent of Its young people in higher education compared with more than half in the major industrialized countries and 15 percent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres, and there are a small number of outstanding undergraduate colleges.What did India agree to do at the behest of the World Trade Organisation?a) It would stop manufacturing all types of pharmaceuticalsb) It would ask its domestic pharmaceutical companies to compete with the international ones.c) It would buy only licensed drugs from the USA.d) It would not manufacture cheap common medicines without a license.Correct answer is option 'D'. Can you explain this answer?.
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India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately, its weak higher education sector constitutes the Achilles heel of this strategy. India’s main competitors especially China but also Singapore, Taiwan, and South Korea are investing in large and differentiated higher education systems. They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research based universities that are able to compete with the world’s best institutions. There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. 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There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. India Educates approximately 10 percent of Its young people in higher education compared with more than half in the major industrialized countries and 15 percent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres, and there are a small number of outstanding undergraduate colleges.What did India agree to do at the behest of the World Trade Organisation?a) It would stop manufacturing all types of pharmaceuticalsb) It would ask its domestic pharmaceutical companies to compete with the international ones.c) It would buy only licensed drugs from the USA.d) It would not manufacture cheap common medicines without a license.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of India is rushing headlong towards economic success and modernisation, counting on high- tech industries such as information technology and biotechnology to propel the nation to prosperity. India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately, its weak higher education sector constitutes the Achilles heel of this strategy. India’s main competitors especially China but also Singapore, Taiwan, and South Korea are investing in large and differentiated higher education systems. They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research based universities that are able to compete with the world’s best institutions. There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. India Educates approximately 10 percent of Its young people in higher education compared with more than half in the major industrialized countries and 15 percent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres, and there are a small number of outstanding undergraduate colleges.What did India agree to do at the behest of the World Trade Organisation?a) It would stop manufacturing all types of pharmaceuticalsb) It would ask its domestic pharmaceutical companies to compete with the international ones.c) It would buy only licensed drugs from the USA.d) It would not manufacture cheap common medicines without a license.Correct answer is option 'D'. 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They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research based universities that are able to compete with the world’s best institutions. There are a small number of high quality institutions, departments, and centres that can form the basis of the quality sector in higher education. India Educates approximately 10 percent of Its young people in higher education compared with more than half in the major industrialized countries and 15 percent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres, and there are a small number of outstanding undergraduate colleges.What did India agree to do at the behest of the World Trade Organisation?a) It would stop manufacturing all types of pharmaceuticalsb) It would ask its domestic pharmaceutical companies to compete with the international ones.c) It would buy only licensed drugs from the USA.d) It would not manufacture cheap common medicines without a license.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.
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