No. Actually, the Pill prevents cancer of the ovaries as well as cancer of the uterine lining. Women who take the Pill are half as likely to develop cancer of the uterus or ovaries. According to most experts, taking oral contraceptives does not increase the risk of developing breast cancer. It can even be taken by people with a family history of the disease. To know more about such matters, head to your nearest Family Planning Centre in Hyderabad.