chamberLeave a comment

Are the Air Passengers in India less empowered to claim the damages?

Dr Mahesh Y Reddy

There has been considerable debate in the media and other public fora about the broad contours of an ideal civil aviation policy. Issues and concerns of all stakeholders are amplified and taken up effectively at various fora. One important issue that has been so far bypassed is the rights of the air passengers and the responsibilities of the service providers.      What are the remedies that the passengers can avail if the service providers fail in their responsibilities?. Though, tortuous liability under the law of Torts is an accepted doctrine in the Indian legal context, its application is severally limited. Lack of … Continue reading Are the Air Passengers in India less empowered to claim the damages?

UncategorizedLeave a comment

Land Acquisition in India

Dr Mahesh Y Reddy

The issue of land acquisition continues to hog the headlines in all leading newspapers and is a matter of concern among analysts debating its fallout on the inclusive growth of our country. The recent strictures passed by the Supreme Court cancelling the acquisition of a huge tract of agricultural land in Noida Extention, home buyers consequently taking to the streets in protest and the real estate sector coming to a stand still in the area shows that the issue refuses to die down.    Indeed, starting from agitation in Nandigram and Singur in West Bengal, there have been growing protests and demonstrations … Continue reading Land Acquisition in India

chamberLeave a comment

Augmenting Share of India’s Exports in the International Market

Dr Mahesh Y Reddy

Background:Our exports sector has been an important contributor in the economic activity and through the sustained efforts of the Ministry of Commerce & Industry in the past several years our exports have been showing a very impressive growth.However, over the past threeyears it has become increasingly apparent that the uncertainty in the global marketplace has worked its way to impact the export and import transactions of our country on account of weak demand conditions prevailing in the major trading partners like US, Europe and Japan.  Items manufactured by labour intensive sectors such as gems and jewellery, textiles, handicrafts, handlooms, leather, … Continue reading Augmenting Share of India’s Exports in the International Market

chamberLeave a comment

Economic Cooperation between SAARC Countries

Dr Mahesh Y Reddy

Introduction In a globalized world order, where gaining a foothold in the international market is a major challenge, it has become imperative for countries to work out regional arrangements or joining compatible groupings to gain preferential access for their products and services in the overseas market. It is believed that initiating trade and investment cooperation within the regional grouping on preferable terms has emerged as a viable business proposition which would have trade creating and growth generating impact on members. Furthermore, in the prevailing milieu, it is widely observed that productive capacity and operational efficiency at the unit level would … Continue reading Economic Cooperation between SAARC Countries

chamberLeave a comment

Allocation of Natural Resources

Dr Mahesh Y Reddy

The spate of recent Supreme Court judgments on the allocation, pricing, utilization and regulation of natural resources-land, coal, sand, spectrum, et al – have ruled that environment and social concerns should take primacy over development in case it is observed that our quest for industrialization and growth would entail extensive use of natural resources which would be damaging to our Eco-system. The issue has once again brought into sharp focus the development versus environment debate wherein both are poised at opposite ends of the spectrum with development perceived as being against nature. The questions arise as to whether growth is … Continue reading Allocation of Natural Resources

UncategorizedLeave a comment

Rupee depreciation could delay infrastructure projects

Dr Mahesh Y Reddy

At a time when fast tracking infrastructure projects has emerged as a crucial policy action for rejuvenating investment demand in the economy, a flurry of activity is currently underway to pull all stops which come in the way of getting stalled projects off the ground. The ubiquitous Cabinet Committee on Investment has been tasked with removing the glitches in inter-ministerial coordination which is expected to help unfinished projects to take off. But would clearances help projects off the ground or would infrastructure financing emerge as the next bottleneck? And would the recent depreciation of the rupee aggravate the problem of … Continue reading Rupee depreciation could delay infrastructure projects

chamber, UncategorizedLeave a comment

Industrial Enclaves-SEZs, Industrial Estates & Parks, Industrial Clusters and NMIZs

Dr Mahesh Y Reddy

There is an emerging consensus that for India to revert to the trajectory of 8 per cent growth and above, which is both inclusive and sustainable, it is imperative that efforts be made to increase the pace of industrial activity in the country by giving a fillip to manufacturing and service sectors. A competitive and efficient industrial sector, which has the capability to compete effectively with the best in the world in terms of cost and quality, would not only aidin resource mobilization by boosting production, investment and exports, but would also help in employment generation and thereby help India … Continue reading Industrial Enclaves-SEZs, Industrial Estates & Parks, Industrial Clusters and NMIZs

chamberLeave a comment

Leveraging Regional Connectivity Scheme

Dr Mahesh Y Reddy

Ude Desh ka Aam Nagrik (UDAN) Scheme introduced by the government to encourage masses to travel by air. There are skeptics who questioned the introduction of the scheme on the ground that it would cater to only certain class of the traveling public on the plea that even at Rs 2500 per flight of an hour, fixed as the freeze zone for the selected RCS routes, it is much beyond the means of the common man. The inclusive element in the RCS concept is clear. It gradually plans to throw open the air travel to masses and take it off the … Continue reading Leveraging Regional Connectivity Scheme

chamberLeave a comment

Indian Ocean Rim Countries Sing “Small is Beautiful”

Dr Mahesh Y Reddy

Small is beautiful may be a hackneyed phrase and many try to obliterate the intrinsic content of the idiom as something not empirically proved since large companies are also successful ones. Many of the large corporations in the world work on technology driven ecosystem, have the advantage of economies of scale, penetrate into global markets much swifter than the micro, small and medium corporations. Then how small can be called as beautiful?Any narration without facts may end up as hyperbolas. In the case of MSMEs there is a mind boggling data to support that they play a pivotal role in … Continue reading Indian Ocean Rim Countries Sing “Small is Beautiful”