Bar & Bench News Network
Professor Thomas Pogge (pictured) from Yale University delivered Professor Dr. Arjun K. Sengupta First Memorial Lecture at the O.P. Jindal Global University, on October 25, 2011. He strongly emphasized on the establishment of global institutional reforms in order to eradicate poverty, fulfill human rights and to secure global justice.
He further said that the global poor would have access to the new medicines which will be developed under the Health Impact Fund (HIF). According to Prof. Pogge the establishment of Health Impact Fund will act as a complement to the Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement.
He said the benefit of HIF would be that it would act as an incentive to the innovators of the new medicine and the innovators, who register under HIF, will be rewarded based on its global health impact. Moreover, the additional benefit of this scheme is that the global poor will have access to better medical facilities at subsidized rates.
Prof. Pogge pointed that 90 percent of the diseases of the world receive only 10 percent of the medical research worldwide. He also pointed out that severe poverty and a massive disease burdens are human rights violations when they are the foreseeable effect of active conduct by human agents and an effect these agents could avoid without undue hardship.
Further, Prof. Pogge also highlighted the fact that the stronger nations only violate the human rights of the weaker nations and the latter only look at the short term benefits and aggravate diseases and jeopardize their human rights at large.
The Vice Chancellor, O.P. Jindal Global University, Prof. C. Raj Kumar, stressed the need to undertake inter-disciplinary research to address issues related to poverty and development. He emphasized the need to undertake critical research in law, business, international affairs, Government and Public policy.
The Inaugural Issue of the Jindal Journal of International Affairs (JJIA) was also released on the occasion of Dr. Arjun K. Sengupta First Memorial Lecture.
|
- 1. "Prof. Pogge was brilliant in his lecture..Putting global poverty and increasing inequality in incomes of people all over the world in few slides was awesome...Further, the idea of creating a global health impact fund and the way it will help reduce deaths due to high cost and unavailability of medicines globally was his genius...some data were eye-openers like 1/3rd of total deaths of the world happen due to poverty and related causes..or 91% of global income owned by 8-9% people and those in the poorest quarter (25% of total world population) have lost 1/3rd of their income last 17 years...only thing which irritated me a little was the tooo long question-answer session after his lecture :)". Anand P. Mishra, Delhi
Top News
- Re-Upped Round up May 23
- Alternative Law Forum to hold 2 day course on ‘Free Speech law in India’
- BCI to start Phase-Wise Agitation to oppose Higher Education Bill; July 11 and 12 to be Protest Days; Dharna at Jantar mantar in August
- End of Venture Capital Fund Regulations; SEBI notifies Alternate Investment Fund Regulations
- SILF supports Nariman for President of India; Says no one knows the working of the Constitution better
- Re-Upped Round up May 22
- Supreme Court Lawyers Welfare Trust encourages young talent; Introduces 2 annual fellowships
Other Columns
- Issues in the Acquisitions of Technology Companies
- CLAT Guru Rajneesh Singh predicts CLAT 2012 expected Cut Off
- The Five Sins of CLAT 2012
- CLAT- Putting things in perspective, and the way ahead
- Working Title: The Lawyer and the Photographer
- Building a Law School from Scratch: The Story of Christ College of Law
- Tax on share premium: Remedy for money laundering or a startup bottleneck?
The Viewpoint: Indemnification Provisions - Is the fight on the indemnity clause worth the effort?
May 17, 2012 | Bar & Bench brings to you the twentieth article on 'The Viewpoint' series with its Knowledge Partner AZB & Partners. AZB Senior Associate Nandish Vyas and Associate Pranati Ishwar in this article seek to examine the context in which indemnification rights are relevant for acquisition transactions, and also seek to explore if there are areas where they are potentially not worth the comments (4)










