Business Standard
Friday, Feb 17, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

India to ink deal with US to prevent wrong patents
Press Trust of India / Chennai Aug 19, 2009, 20:57 IST

India would soon sign a pact with the US to prevent grant of wrong patents of the country's traditional products like neem, turmeric and basmati rice to American companies, Environment Minister Jairam Ramesh said today.

India already has a similar pact with the European Patent Office. Under the agreement, India's Traditional Knowledge Digital Library -- a database on herbs and plants used in Ayurvedic, Unani, Homoeopathy and Siddha -- is made available to European patent examiners for reference before grant of patents.

Ramesh said about 1,500 patents for Indian medicine-based products are issued in the US and Europe every year and to prevent this the Digital Library is envisaging documenting "oral knowledge" as well.

Calling for sustainable use of India's bio-diversity resources, the Minister said the bio-reserves of the country face a "grave threat" from within and outside India.

There is a need for massive effort to prevent poaching by involving tribes and villagers, who live near forests and whose livelihood depend on them, in conservation effort.

"For instance, as part of Project Tiger, at Corbett Tiger Reserve (Uttarakhand), the local community people, Vangujjars, are being developed as a para-force while the tribals in Mudumalai Tiger Sanctuary (Tamil Nadu) have also been roped in."

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end higher on firm global cues
- Balwa pursued 2G licence issue of Swan: witness
- Murdoch to launch new British Sunday tabloid
- Charge one-time fee on extra spectrum on prospective basis: DoT
- Reddy to visit RIL gas fields amid controversy on output dip
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- Office 365 for professionals and small businesses.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Army to step up vigil in Uttarakhand
- Marico: Stepping into unchartered territory
- MCX IPO to make staff millionaires
- Sonalde Desai: Sons of the soil
- Asian stocks fall as Greek bailout delay dampens mood
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us