Prized Or Priced?
India is seen as a treasure house of knowledge related to the biological world. But despite its mega bio-richness and booming bio-industry, this treasure has not translated into overall wealth and well-being for the vast majority of its people. There is a classic divide amongst those who embody it and others who merely attribute economic value to it.
TK is worth billions for the life sciences corporations. So the industry has a vested interest in the business of TK ‘protection’. And governments view TK management as both a means to exercise control and as a resource for revenue generation. The regulatory regime is aiding the taking out of informal know-how from local communities to the ‘outside’ world. Protection of TK is thus being defined from that perspective. That too not really by those who actually practice it.