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Why teachers matter -Sanjay Gupta & Priya Viswanath

-The Hindu How the RightToRead programme focusses on making teachers an integral part of the learning process. The teacher crisis in India is well known but not spoken about as much. It is estimated our government schools are in need of 5.9 lakh primary-level teachers and 3.5 lakh upper primary-level teachers. By 2030, this number is projected to increase further. There is also the need for skills training so that the effectiveness...

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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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How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J

-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...

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Pankaja Munde accused of financial irregularity in Rs 206 crore scam

-The News Minute Maharashtra's Women and Child Development Minister Pankaja Munde on Wednesday was embroiled in a controversy involving alleged irregularities in awarding contracts worth Rs 206 crore and the opposition demanded a probe. Among the allegations are irregularities in awarding contracts for workBooks for students, water filters, growth monitoring machines for malnourished kids, medicines and chikkis (sweet cookies with nuts and dryfruits in a jaggery base) earlier this year. Munde, however, rubbished...

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Super rich defaulters push Indian banks towards collapse

-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs.  It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...

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