'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
A Traditional Knowledge Digital Library (TKDL) Access Agreement signed between the Council of Scientific & Industrial Research (CSIR) and US Patent and Trademark Office (USPTO).
The government is creating a database of traditional Indian drugs aimed at preventing wrongful patenting of drugs, including medicinal plants. This is being done to prevent misappropriation of knowledge about our ancient heritage and wrongful patenting of drugs," Minister of State for Health and Family Welfare Panabaaka Lakshmi said. Speaking at the International Herbal Summit and Expo, Lakshmi said the efficacy of medicinal plants in India needs to be documented.
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