Uttarakhand High Court Orders Ramdev Company To Share Profits With Locals
Monday, December 31, 2018 IST
The Uttarakhand 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.
NAINITAL, UTTARAKHAND: 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.
Related Topics
Related News & Articles
The epicentre of the earthquake was J-K-Xingjian border; no reports of casualty or damage so far.
Recently posted . 816 views . 1 min read
HIGHLIGHTS
*This is the first time that the SC has ordered auction of personal assets of di...
Recently posted . 592 views . 4 min read
The Supreme Court on Monday issued a notice to the Uttar Pradesh government in connection with an alleged hate speech delivered by Chief Minister Yogi Adityanath ...
Recently posted . 705 views . 1 min read
The Centre had moved the top court after an order of the Delhi High Court, which gave it three months to implement the reservation in promotion based on quantifiabl...
Recently posted . 693 views . 2 min read
The Supreme Court on August 2 had ordered hearing on day-to-day basis after an attempt for an out-of-court settlement on the issue failed.
Recently posted . 584 views . 1 min read
Trending News & Articles
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
...
Recently posted . 64K views . 1 min read
The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...
Recently posted . 9K views . 1 min read
Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million.
Rahul and his girl friend was th...
Recently posted . 9K views . 7 min read
True – Tr...
Recently posted . 8K views . 83 min read
More in National
The Allahabad high court on Thursday overturned the conviction of dentist couple Dr Rajesh and Dr Nupur Talwar for the murder of their daughter Aarushi and their do...
Recently posted. 928 views . 10 min read
AHMEDABAD/PATNA: Additional forces were deployed in industrial areas in Gujarat for the security of Hindi-speaking migrants after attacks on them...
Recently posted. 619 views . 2 min read
Ms Nirala Singh was trying to reach her hometown Patna in time for her brother's funeral. Her flight from Imphal was allegedly delayed by two hours since it c...
Recently posted. 587 views . 1 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 3K views
Recently posted . 3K views . 52 min read
Recently posted . 3K views . 20 min read
New Delhi: In what is probably going to be the main conviction in Islamic State-connected cases, a unique court here on Friday granted seven-year imprison term to t...
Recently posted. 871 views . 18 min read
Country's first-of-its-kind dictionary, which aims to bring uniformity in sign languages used by hearing and speech impaired people across the nation, was relea...
Recently posted. 766 views . 1 min read