The Link Between Indian And Global Scenario - 2352 Words

THE LINK; INDIAN AND GLOBAL SCENARIO The roots of Indian law on Competition can be traced back to Articles 38 and 39 of the Constitution which lay down the duty of the State to promote the welfare of the people by securing and protecting a social order in which social, political and economic justice is prevalent and its further duty to distribute the ownership and control of material resources of the community to best serve the common good, in addition to ensuring that the economic system does not result in the concentration of wealth. In October 1999, the government appointed a High Level Committee on Competition Policy and Competition Law to draft the new Competition Law, which was submitted in November 2000. The resultant Competition Act, 2002, came into force few months before the expiry of the TRIPS compliance period for India. It can therefore be seen as India’s fulfilment of its TRIPS obligations. Under Section 3, the Competition Commission is required to look into agreements which are anticompetitive in nature and those found to be anticompetitive are declared void. The Competition Act incorporates an exception for Intellectual Property Rights under Section 3(5) based on the rationale that Intellectual Property Rights deserve to be preserved since a failure to do so would disturb the all-important incentive for innovation. However, it does draw the line inasmuch as it does not permit unreasonable conditions to be passed off under the guise of protectingShow MoreRelatedHuman Resource Planning : A Successful Indian Multinational Essay1004 Words   |  5 PagesCritical Literature Review: How can the term ‘Human Resource planning’ be linked to best work practices in a successful Indian Multinational? Introduction The present research question examines how the practice of Human Resource planning is counted as one the best practices in a successful Multinational. The industry is highly competitive. The scarcity of qualifies managers has become a major constraint on the speedRead MoreThe Decolonization Process After The Second World War1695 Words   |  7 Pagesprocess after the Second World War resulted in the end of British hegemony in the Indian Ocean. The subsequent Cold War which ensued was again marked by superpower rivalry in the region, enhancing the region’s global strategic value. When this period came to an end, the littoral countries of the IOR to a certain extent rediscovered some of the economic, social and cultural facets that made the ocean the bridge between Africa, Asia and Australia . However, regional cooperation coordination is stillRead MoreCommunicative Language Teaching ( Clt ) Essay772 Words   |  4 Pagesany teaching ideology that helps students develop their communicative competence in a more realistic framework is an acceptable and beneficial form of instruction. Hence the activities like pair and group w ork requiring negotiation and cooperation between learners, fluency-based activities that encourage learners to develop their confidence, role-plays in which students practice and develop language functions, as well as careful use of grammar and pronunciation focused activities are practiced in aRead MoreAsian Preferential Trade Agreement ( Sapta )1299 Words   |  6 Pagescent of total population and 91 per cent of the total area of SAARC. Both are the less developed countries of the world. Thus, the growth of trade relations between India and Pakistan can make a positive contribution to the SAARC. The intra-regional trade among the SAARC countries has been considerably low over the period. Its share in global trade of SAARC was 2.7 per cent in 1985 and 4.9 per cent in 2004. 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The 2015 NMS identifies three National Military Objectives with an integrated approach: â€Å"to deter, deny, and defeat state adversaries; to disrupt, degrade, and defeat Violent Extremist Organizations (VEOs); and to strengthen our global network of allies and partners.† The most important lessons for military leaders for achieving these three military objectives are: how to adhere and adjust the right cause in the realm of Just War Theory before going to war; prepare for the fullRead MoreGeo Political Potential of Bangladesh in Context of South Asia1488 Words   |  6 PagesAsia *.South Asia is Surrounded by Middle east, Easternasia ,Centralasia Southeasternasia,Indian Ocean and the Himalayas ,is composed 8 countries (Bangladesh , India, Nepal , Bhutan , Pakistan, Sri Lanka , Maldives and Afghanistan) . Bangladesh Bangladesh is a small and naturally beautiful Country .It is surrounded by India , Myanmar and the Bay of Bengal , for this reason it is called bridge between South Asia and East Asia as a result its position so much attractive among South Asia andRead MoreWhat is Reverse Logistics? Essay examples1259 Words   |  6 PagesGartner report Total reverse logistics market is more than 50 billion dollar in USA alone. Many companies still continue to view reverse logistics as a burden to their organization. However they should understand that reverse logistics is a critical link to their supply chain. Most of the issues related to reverse logistics can be easily resolved by digital supply Networks. As they have Self diagnosing capabilities it would easy to identify where the process went wrong was it the product itself, theRead Moreâ€Å"Changing Face of Professional Education in India with Institute – Industry Partnership†3150 Words   |  13 Pagescompetitiveness. But Indias ability to tap and nurture the competitiveness would depend on how well education is institutionalized. Education has become Indias â€Å"super infrastructure. When the whole world was deep asleep in darkness of ignorance Indians were busy discovering new things. Even today India has largest number of graduates in the world. In the nearly 50 years since independence, India has built a university education sys tem which is second in size only to that of the U.S., with 200 universitiesRead MoreThe PEST Analysis1782 Words   |  7 Pagesdevelopments, events that will improve or hinder the growth of the firms and also it attempts to reduce the gap between present and future aspirations of the firm. 1. POLITICAL-LEGAL FACTORS: ïÆ'Ëœ Government policy and budget Performance of banking sector is affected by legislature and framing policies by the government. Banking activities are significantly affected by budget proposal. The dynamics of Indian Banking sector are drastically changed with securitization act. The Securitization Act has given moreRead MoreIncreased Risk Of Invasion : A Large Crop Canopy And Denser Foliage1419 Words   |  6 Pagesdelayed with an increase in temperature, extending the period of activity of pests. On the other hand, the increase in temperature may reduce the activity of some peat in summer. Natural enemy- pest Interaction: Amongst insects there is a distinction between the specialists and generalists, and their response to changing climatic conditions may be different. Generalist species have good dispersal capabilities and are best suited to tracking the changing climate, migrating with climatic shifts and taking