Day 1 of the Yale-JGU International Conference

Oct. 30, 2010 - PRLog -- Sonipat, Haryana, India October 29th, 2010

International Conference on globalization in India and US: Law, Governance and Business started today. The event brings together outstanding public figures, intellectuals and scholars from the United States, India, and elsewhere, and intends to further knowledge exchange between the two liberal and democratic societies.

A collaborative conference of O. P. Jindal Global University (JGU) and Yale is expected to foster a global and more robust educational set up. While speaking at the conference the President of Yale University Professor Richard C. Levin, who is also a noted American economist, commented on the importance of the conference: “This conference, coming on the eve of U.S. President Barack Obama's anticipated state visit to India, explores some of the most perplexing issues that globalization has posed for the world's two largest democratic nations. How our legal, commercial, and governance structures address these questions will serve as models for other nations. I am pleased that Yale University and the O.P. Jindal Global University are coming together to stage the conference at this critical moment in the strategic relationship between the United States and India.”

The conference also highlighted how the mindset towards the education sector in India is changing and the way universities like JGU contribute immensely in such endeavors. While expressing this thought the Chancellor of JGU Mr. Naveen Jindal said that, “JGU is committed to keep the quality of education up while giving best of the faculty, facilities, exposure and infrastructure to its students”.

The Vice Chancellor of JGU, Professor C. Raj Kumar, described the event to be of historic significance. He said, “The Jindal-Yale knowledge exchange on globalisation is an important initiative as it is coming together of the finest minds to offer solutions in the larger global interest.”

Mr. Bhupinder Singh Hooda, Chief Minister of Haryana said that, “efforts like this help build society in a progressive way. And such collaborative efforts with global institutions of educational excellence have already put Haryana on the global map, and I feel elated to see such a university like JGU achieving global recognition in its early stage itself”.

Union Minister of Law and Justice, Mr. Veerappa Moily expressed his excitement on the establishment of such a world class university and said he expects many such institution of global reputation to come up in the country in the coming years. He also emphasized a change in the legal system which can happen only if we focus on the power of youth and empower them with world class education.

While vouching for such collaborative efforts, Minister of State for Corporate affairs Mr. Salman Khursheed said that, “Such effective conferences would help bridge gap between concepts and their expressions, which will further lead to a truly globalised approach towards policy making and their implementation”.

The two daylong sessions will highlight the importance of business and economy in both India and US and how effective is it in corporate governance, competition and regulation. Concern over the environmental protection, its sustainability and technology will be one of the key factors to be addressed during the conference. A special keynote address on this will be presented by Prof. Rajendra Pachauri, Director, Yale Climate and Energy Institute.
The conference will also have participation from veterans like Professor Peter H. Schuck, Simeon Baldwin Professor Emeritus of Law, Yale Law School, USA; Mr. Rahul Srivastava, Chairman & CEO, LexisNexis-India; Mr. Gopal Subramanium, Solicitor General of India & Chairman, Bar Council of India; Mr. Ashwani Kumar, Director, Central Bureau of Investigation (CBI); Dr. A. Francis Julian, Senior Advocate, Supreme Court of India, N Ravi, Editor, The Hindu and many more from the areas of law, business, and academics from across the world.

The entire endeavour of organizing such global symposiums by JGU is reaching out to essential issues of the society and bringing out probable options with viable solutions.