Skip to main content

Homoeopathy sector may touch Rs 4,600 cr by 2012

Indian homoeopathy market may grow by 30 per cent and touch Rs 4,600 crore by 2012, due to its effective treatment of chronic diseases like respiratory disorders and arthritis, an Assocham study has said.

In 2010 calendar year, the domestic homoeopathy market size was estimated at about Rs 2,758 crore.

"The main reason for growing homoeopathy market is its effective and cheaper treatment for chronic ailments compared to allopathic and ayurvedic medicines," the study said.

Besides, it said, the treatment is considered to be safe and has no side-effects.

"In 2009-10, the treatment helped around 10-12 crore people in diagnosing their ailments. This number is likely to exceed 16 crore in the next two to three years," the study said.

At present, there are more than five lakh registered homoeopaths in the country, it said.

The international homoeopathy market is also growing at a rate of 25 per cent annually and is estimated at Rs 26,300 crore, it added.

Comments

Popular posts from this blog

"Facebook Tests a New Feature To Let Users Enjoy Events Togather"

Facebook is testing a new feature to let users share events that they are interesting in attending to, on their "Stories" so that they can coordinate with friends and enjoy events together.

According to a TechCrunch report, the test will involve a new option to "Share to Your Story" that appears when you visit an event's page on Facebook.

"If shared, friends will see a tappable sticker within your Story that includes the event details and lets friends respond that they're also 'interested' right from the Story itself," the report added.

Friends also can tap on the sticker in the Story to visit the event page.

"There's also a link to the event page built in and a way to start a group chat on Messenger with friends who responded," said The Verge.

The test is currently rolling out to users in the US, Mexico and Brazil.

To use the new test feature, go to the Events page, click "Share" below the date and time of the eve…

India can produce 2,500 MW power from waste: Study

Energy deficient India can produce 2,500 MW electricity by 2012 by recycling millions of tonnes of municipal and industrial waste generated each year, an Assocham study has said. About 40,000 million tonnes of solid waste and 5,000 million cubic metre of liquid waste is generated every year in the urban areas which can be suitably recycled, it said."Expedite setting up of waste energy projects as there is potential of generating 2,500 MW of power from urban, municipal and industrial wastes in large cities to partly meet energy shortages," it said.

The study estimates that about 1,500 MW of power could be generated from urban and municipal wastes by setting up waste energy projects and additional 1,000 MW from industrial wastes in the country by 2012.Assocham has suggested that funds required -- around Rs 200 crore -- could be generated through municipalities and local governments.It further that India has potential to reduce its projected emissions over next 30 years by near…

Largest Spike in Hate Crimes Since 9/11, Says a Report

The number of hate crimes reported in the United States jumped by 17% last year, the largest increase since 2001 when the terrorist hijackings on 9/11 fueled a surge in attacks on Americans of Muslim and Arab ancestry.

A total of 7,175 hate crime incidents were reported to the Uniform Crime Reporting (UCR) Program in 2017, up from 6,121 in 2016, said the UCR Program's annual Hate Crime Statistics report, Xinhua reported.

It's the third year in a row the FBI has reported an increase in hate crimes. The number of hate crimes in 2016 rose about five percent from 2015.

The 2017 incidents encompass 8,437 total offences, meaning some involved multiple criminal charges.

According to the report, the most common bias categories in single-bias incidents were race/ethnicity/ancestry (59.6 percent), religion (20.6 percent), and sexual orientation (15.8 percent).

The victims represented a cross section of society, with African-Americans and Jews the most frequently targeted victims. Of 34…