pic source:deccanherald

• America has also asked India to open up its diary , agriculture products and medical devices market.They are politically and economically crucial sectors for India.Trump's desperation to show a trade deal victory before an election year is looming over the trade negotiations
• Trump's tariff tactics to succumb China didn't work ,He should not repeat the same with India.
•  Trump must remember that a trade deal is not one side bullying another side to succumb to its interests ,both the parties have to believe in a policy of give and take for a trade deal to succeed.
• When a limited trade deal itself seems to be perplexed with problems,A full scale trade agreement covering contentious issues such as e-commerce, intellectual property and H-1B visa seems nowhere to be on the horizon.

          To read complete source article,click here

          Read more on India-US trade issues ,here
 

2) Brexit interrupted,On U.K. Supreme Court ruling 

 

Pic source:metro.co.uk

• In the recent turn of events in Brexit, The UK Supreme court ruled that Boris Johnson decision to prorogue parliament is unlawful .
• This comes as a hurdle to Boris Johnson Government and its plan to deliver Brexit,but PM Boris Johnson is still determined to go ahead with another call for prorogation.
• The opposition labour party have claimed that Boris Johnson's  Government has no right to continue , however they are  reluctant to pass a No confidence motion.,
• The labor party stance to prioritize an orderly Brexit deal over an election is wise step in these changed circumstances.
• The crucial Irish backstop still remains a thorny issue in Brexit negotiations ,any future course of action will depend upon it.

          To read complete source article ,click here

 

  3) Different Peas in Different Pods ,on Indian Biotech and IT sector

Pic source: @makeinIndia

• This article provides a good  analysis of Biotechnology sector in India ,the challenges it faces and solutions to overcome those challenges.
•  Funding is a major challenge facing the Biotech industry ,the government has been doing its part ,but the private players must be encouraged to invest in R&D 
• Human Resource- unlike IT sectors ,Biotech industry needs a highly specialized section of workforce which in turn depends on the quality of academic institutions.Hence there is limited employment generation potential.
• Infrastructure: Biotech industry needs a well defined laboratory infrastructure ,only few institution in India offer it.Following the Chinese model ,Government and  private  players must partner  in building necessary infrastructure.
• Innovation-The government's entrepreneurship promotion initiatives through BIRAC (Biotechnology Industry Research Assistance Council) has helped build many startup ,but unlike IT sector startups, biotech startups needs entrepreneurs with lot of experience and access to sophisticated instruments.
• For applied research and innovation to flourish in India Biotech sector,there needs to be a robust Industry - Academia partnership.
• The academic professors should be encouraged to work on industry projects.
• The already successful IT sector can complement Biotech sector with its expertise in AI ,machine learning and other emerging technologies.
• The future of Biotech sector is bright in India ,the discoveries made in Biotech will help us solve some of pressing societal issues such as cleaning rivers,ensuring food security ,producing life saving drugs.

           To read complete source article ,click here

           Read more Biotech sector in India,here