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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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India's Handloom Challenge Anatomy of a Crisis -Ashoke Chatterjee

-Economic and Political Weekly The Indian weaver is dismissed in high places as an embarrassing anachronism, despite demand for his or her skills and products. In the new millennium, globalisation and a mindless acquiescence to imported notions of a good life threaten to take over, even as the West looks East for better concepts of sustainable living. Analysing today's crisis in the handloom sector, plagued by low-cost imitations from power looms,...

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India wins patent war on hair loss formula -Vishwa Mohan

-The Times of India NEW DELHI: India scored an important success when it fully protected its traditional knowledge by stalling a leading UK-based laboratory's move to patent a medicinal composition containing turmeric, pine bark and green tea for treating hair loss. The move comes just days after India foiled a similar attempt by US-based Consumer Goods giant Colgate-Palmolive from patenting a mouthwash formula containing herbal extracts. The vigilance of the Traditional Knowledge...

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Empowerment begins at home -Nayana Anand

-Deccan Herald Those who sipped a cup of Yashoda’s home-brewed tea have never been unimpressed. The special tea is prepared using locally available herbs and aromatic leaves. Yashoda and her husband Chandraprakash of Biligerepalya village in Tiptur taluk of Tumakuru district are well-known for their innovative activities that include value addition of agricultural produces. Until 2008, the couple were into chemical farming, much like everyone else around them. At a time when they were grappling...

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Realty sector: Getting the foundation right

-The Indian Express As several steps taken by the Centre for the sector hangs fire, clarity and implementation of ‘Housing for All’ scheme would be the key for its success. The Union Cabinet approved its flagship ‘Housing for All’ scheme this week, with a 2022 target and a renewed emphasis on the low-income group categories by way of relaxed income limits and higher interest subvention. While the government seems to have struck...

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