Economist and Yale University president Richard C. Levin has said U.S. President Barack Obama's visit to India is expected to explore some of the most perplexing issues that globalisation has posed to the two largest democracies. Addressing an international conference on ‘Globalisation in India and U.S: Law, Governance and Business' at the O.P. Jindal Global University (JGU) near the capital, Professor Levin said: “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 JGU are coming together to stage the conference at this critical moment in the strategic relationship between the United States and India.”
Union Law Minister Veerappa Moily, lauding the JGU for maintaining international standards, said he expected many such institutions of global reputation to come up in the country. He emphasised a change in the legal system which could happen “only if we focus on the power of youth and empower them with world-class education.”
Chief Minister Bhupinder Singh Hooda said: “Such collaborative efforts with global institutions of educational excellence have already put Haryana on the global map.”
Chancellor Naveen Jindal said the “JGU is committed to keeping up the quality of education while giving the best of the faculty, facilities, exposure and infrastructure to its students.”
Security and liberty
Speaking on ‘Security and Liberty: Striking the Right Balance,' Editor of The Hindu N. Ravi said that collective security should trump liberty as a proposition was unimpeachable but liberty should be trumped only in cases of absolute necessity. “It must not be applied to absurd or improbable situations.”
Vice-Chancellor C. Raj Kumar said: “The Jindal-Yale knowledge exchange on globalisation is an important initiative as it is the coming together of the finest minds to offer solutions in the larger global interest.”