Friday, March 29, 2024
ADVT 
India

Uttarakhand High Court Orders Ramdev Company To Share Profits With Locals

Darpan News Desk IANS, 30 Dec, 2018 01:05 AM

    In a first-of-its-kind order, the Uttarakhand High Court has directed a company run by yoga guru Ramdev to share a percentage of its profits with local farmers and communities.


    The high court gave the order while rejecting a petition of Divya Pharmacy against the Uttarakhand Biodiversity Board (UBB) and upholding the provisions of fair and equitable benefit-sharing as provided under the Biological Diversity Act, 2002.


    The bench of Justice Sudhanshu Dhulia held that it was a fact that biological resources constitute the main ingredient and raw materials in the manufacture of ayurvedic and nutraceutical products. It ordered the pharmacy to share Rs. 2 crore out of its Rs. 421-crore profit with the farmers of the raw product.


    Earlier, UBB had directed the pharmacy to share the amount with the farmers and local communities out of its profit as per the Biological Diversity Act. The pharmacy had claimed that the UBB neither had the powers nor jurisdiction to pass such an order and it was not liable to pay or make any kind of contribution.


    The court held that India was a party to the United Nations Convention on Biological Diversity and the country was under an obligation to give effect to the provisions of the treaty.


    The court said the UBB was within rights to pass the order demanding the amount, as the biological resources were not only a national property, but also belong to the communities which produce these.

    MORE India ARTICLES

    Punjab To Soon Enable 1-Year Detention Of Drug Smugglers Without Trial

    Punjab To Soon Enable 1-Year Detention Of Drug Smugglers Without Trial
    Amarinder Singh also announced creation of a separate drugs division under the state health department to centralise and synergise the de-addiction efforts of the government and private centres.

    Punjab To Soon Enable 1-Year Detention Of Drug Smugglers Without Trial

    No Role Of Religion In Government, Says Smriti Irani

    No Role Of Religion In Government, Says Smriti Irani
    Smriti Irani said there has to be a distinction between governance and politics.

    No Role Of Religion In Government, Says Smriti Irani

    Over 2 Kg Of Gold In Microwave Seized At Hyderabad Airport, 1 Arrested

    The gold was smuggled by concealing it in an oven by the passenger who arrived here by an Oman Airlines flight from Dubai on Thursday, according to a statement by the directorate.  

    Over 2 Kg Of Gold In Microwave Seized At Hyderabad Airport, 1 Arrested

    Woman Arrested With Gold Bars Worth Rs. 9.5 Lakh At Hyderabad Airport

    Woman Arrested With Gold Bars Worth Rs. 9.5 Lakh At Hyderabad Airport
    The woman was unable to produce any document or a valid reason for carrying the gold bars.

    Woman Arrested With Gold Bars Worth Rs. 9.5 Lakh At Hyderabad Airport

    SGPC Declares Golden Temple Complex ‘No-Vehicle’ Zone

    SGPC Declares Golden Temple Complex ‘No-Vehicle’ Zone
    The SGPC has declared the passage leading to the SGPC headquarters, its administrative offices and serais in the Golden Temple complex as a “no-vehicle” zone.

    SGPC Declares Golden Temple Complex ‘No-Vehicle’ Zone

    Won't Tolerate Attempts To Create Rift Between Communities: Amarinder Singh

    Punjab Chief Minister Amarinder Singh's reaction comes in the background of a statue of former prime minister Rajiv Gandhi being vandalised in Ludhiana by some persons on Tuesday.

    Won't Tolerate Attempts To Create Rift Between Communities: Amarinder Singh

    PrevNext