Uttarakhand HC orders Baba Ramdev’s Divya Pharmacy to share profits with locals

Must Read

Howdy, Modi! : World media reactions on Modi-Trump’ grand Houston Event address

New Delhi, Sep 23: United States President Donald Trump and Indian Prime Minister Narendra Modi on late Sunday shared...

Howdy Modi : Modi-Trump mark history in US-India relationship with great show at Houston

Houston, Sep 22:  Modi, delivering his speech at the historic event, talks about the development underwent over five years...

ECI announces dates of Maharashtra & Haryana elections; Single Phase Election on October 21; Result on 24th

Election Commission of India has announced the dates of much-awaited state elections. According to the Chief Election Commissioner, Sunil...

A single bench of Uttarakhand High Court has ordered Divya Pharmacy, a manufacturing unit of Ramdev-owned Patanjali Yogpeeth to share a percentage of its profits with local farmers and communities.

The bench of Justice Sudhanshu Dhulia gave the verdict while rejection a petition from Divya Pharmacy against the Uttarakhand Biodiversity Board (UBB). The HC upheld the provisions of fair and equitable benefit-sharing citing the Biological Diversity Act, 2002.

The court observed that the biological resources constitute the crucial ingredient and raw materials in the manufacture of ayurvedic and nutraceutical products. Also, it ordered the Ramdev-owned pharmacy to share Rs. 2 crores out of its Rs. 421-crore profit with the farmers of the raw products used by his company.

Uttarakhand Biodiversity Board(UBB) had earlier directed Divya Pharmacy to share the profit with the farmers and local communities a per the Biological Diversity Act. The pharmacy, however, shrugged the directions by claiming that UBB neither had the authority nor the jurisdiction to pass such an order. The pharmacy also stated that it was not liable to pay or make any kind of contribution to the farmers and the locals.

The High Court maintained that India was a party to the United Nations Convention on Biological Diversity so the country is obliged to give importance to the provisions of the treaty. It also said that UBB had the required authority to pass the order demanding the amount from the pharmacy.

The bench said that the biological resources are a property of the nation together with belonging to the communities which produce them.

1 COMMENT

  1. It would be even better when all the domestic and multinational firms that use bio resources to produce ayurvedic and nutraceutical products such as Dabar, Himalaya, Godrej, Hindustan Lever, Hamdard share their profits with tribals and farmers.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

‘Turkish offensive in NE Syria should be proportional’

United Nations, Oct 17 (IANS) Russia's UN ambassador Vassily Nebenzia said that Turkey's military operation in northeast Syria should...

Britney Spears back with signature blonde look

Los Angeles, Oct 17 (IANS) Hollywood star Britney Spears is back with her signature blonde look.Spears, who has returned home after vacationing in Maui,...

French FM heads to Iraq to discuss judicial cooperation

Paris, Oct 17 (IANS) French Foreign Minister Jean-Yves Le Drian will go to Iraq evening to discuss the situation in the region amid the...

US stocks close lower amid mixed data

New York, Oct 17 (IANS) US stocks ended lower, as Wall Street digested a batch of mixed data, including an unexpected fall in US...

Liam Payne hints he is ‘frightened’ of ex-girlfriend Cheryl

London, Oct 17 (IANS) One Direction star Liam Payne has hinted that he is a little frightened of his ex-girlfriend Cheryl.The The 26-year-old singer...
- Advertisement -

More Articles Like This