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Decisions of the people, by the people, for the people -Ashish Kothari

-The Hindu People’s objections, from Chhattisgarh to Odisha, against large development projects have brought out the real power of the Forest Rights Act of 2006. Democracy is alive and kicking in India. No, I am not referring to the Assembly elections. It is unfortunate that the term democracy has been reduced to the drama of periodic elections and the subsequent reliance of the electorate on politicians and bureaucrats. When these powerful few...

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An IP policy with no innovation -Shamnad Basheer

-The Hindu Intellectual property accelerates innovation in certain technology sectors, but it impedes innovation in others. The biggest flaw of the new policy is that it does not acknowledge this. Intellectual property (IP) regimes suffer a classic paradox. While they attempt to encourage innovation and creativity, they have themselves been shielded from innovation experimentation. For some years now, India has been attempting to break this mould and craft a regime to suit...

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Himanshu Thakkar, environmental activist and water expert, speaks to Aditi Phadnis of Business Standard

-Business Standard Environmental activist and water expert Himanshu Thakkar tells Aditi Phadnis that India needs a comprehensive water-use policy immediately. * You are quoted as saying that India is in the grip of its worst hydrological crisis ever. Isn't that a bit drastic? After all, India has endured endemic water scarcity in many parts of the country for several years now. What makes you so pessimistic? I do not think it is statement...

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National IPR policy favours tax breaks, loan guarantee to promote patents creation -Surabhi

-The Hindu Business Line Retains Section 3(d), which checks ‘evergreening’, despite US pressure New Delhi: The national Intellectual Property Rights (IPR) policy approved by the Union Cabinet has proposed tax breaks to promote research and development, a loan guarantee scheme to cover risk of failure of IPRs, and a dedicated cell to promote the creation and commercialisation of IP assets. The policy also suggests the establishment of a mechanism for implementation, monitoring and...

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Revisit interest subsidy scheme for farmers -Ashutosh Kumar Tripathi

-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...

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