News Update

Gadkari faints during campaign; Heat takes toll on his healthSARFAESI Act - Award of interest on auction money at rate applicable to fixed deposits is not a correct view and rate of interest deserves to be enhanced: SC (See 'TIOLCorplaws')ST - Chit Funds - Tax was not paid under mistake of law but upon demand by tax authorities - Refund not having been filed within time was rightly rejected: HCSC asks EC to submit more info on reliability of EVMsGST - Without considering reply on merits, proper officer has held that reply is unsatisfactory and, therefore, he is left with no alternative but to create demand - Order set aside: HCGST - Cancellation of registration retrospectively - Show Cause Notice and the impugned order are bereft of any details, accordingly the same cannot be sustained: HCGST - Registration could not have been cancelled retrospectively for the period for which returns were filed and taxpayer was compliant: HCGST - Notfn 11/2017-CTR amended by 03/2022 - Work contracts executed before 18 July 2022 - Petitioners should file refund claims before respondent agitating grievance and same be examined and orders passed within 4 months: HCItaly imposes USD 10 mn fine on Amazon for unfair business practicesGST - Entire tax liability has been realised by appropriating the amount from the petitioner's bank account, therefore, Revenue interest stands fully secured - Since tax proposal was confirmed without participation of petitioner, order set aside and matter remanded: HCCaste Census is my mission, says RahulRight to Sleep - A Legal lullabyUS warns Pak of punitive sanctions against trade deal with IranI-T- Income surrendered before approaching Settlement Commission not covered u/s 115BBE, where this provision did not exist during relevant AYs: HCChinese companies decry anti-subsidy probe by EUI-T- Entire interest expenditure is allowable as deduction if loan funds is not diverted for non-income earning activities/personal purposes : ITATUK to send military aid package worth USD 619 mn to UkraineUS regulator bans non-compete agreements by employeesAir India, Nippon Airways join hands for travel between India and JapanSC grills Baba Ramdev & Balkrishna in misleading ad case
 
Mandaviya addresses Global Discussion on Vaccine Research

By TIOL News Service

NEW DELHI, JUNE 05, 2023: "THE COVID-19 pandemic has demonstrated the importance of global collaboration in vaccine research and development. As we continue to navigate this once-in-a-century public health crisis, we realize the importance of research to accelerate vaccine development, particularly for emerging pathogens." This was stated by Dr. Mansukh Mandaviya, Union Minister for Chemicals & Fertilizers and Health & Family Welfare as he virtually addressed the Global Vaccine Research Collaborative discussion on "Vaccine Research and Development: Building Consensus for Future Health Emergencies Prevention, Preparedness, and Response' a co-branded event under India's G20 Presidency organized by Dept. of Pharmaceuticals, Govt of India on the sidelines of the 3rd G20 Health Working Group Meeting, in Hyderabad on Saturday.

Speaking on the occasion, Dr Mandaviya said that the Global Vaccine Research Collaborative could be a much-needed mechanism to advance vaccine R&D for emerging pathogens. "As we embark on this critical mission, we must leverage the collective expertise of our global health community and strengthen our pandemic preparedness efforts", he said. He further stated that "International cooperation is essential to advance vaccine development for emerging pathogens, and the G20 can serve as a vital platform to facilitate collaboration between governments, research organizations, pharmaceutical companies, and other stakeholders."

Highlighting India's leadership in vaccine R&D for several decades, with experience in developing, producing, and distributing vaccines for diseases such as polio, small pox, and measles, the Union Minister said that India, as a leading player in vaccine production and distribution, can play a critical role in building greater global collaboration towards this goal. "The development and deployment of effective vaccines can help to mitigate the impact of pandemics, and we must prioritize research efforts to achieve this objective", he said.

Elaborating on India's initiatives to boost vaccine production and distribution, the Union Minister stated that "the government has provided financial incentives and streamlined regulatory processes to encourage vaccine manufacturers to increase their production capacity. It has also taken steps to ensure the availability of vaccines in rural areas by leveraging the existing infrastructure of primary health centers and other healthcare facilities".

Reiterating India's commitment to advancing health priorities, including pandemic preparedness, access to medicines and vaccines, and universal health coverage, Dr Mandaviya said that "we must leverage India's experience in these fields and accelerate vaccine development, especially for emerging and pandemic-potential pathogens" He further added that "India's leadership in the production and distribution of COVID-19 vaccines is a testament to our commitment to global health security." "We recognize that vaccine equity is essential, and we are committed to ensuring that everyone, regardless of their income or nationality, has access to life-saving vaccines", he further added.

 


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.