Search results

1 – 10 of over 55000
Article
Publication date: 1 January 2012

Ankesh Jain

The purpose of this paper is to find out the jurisdictional power of the Competition Commission of India (CCI) in order to entertain the combinations taking place outside India…

532

Abstract

Purpose

The purpose of this paper is to find out the jurisdictional power of the Competition Commission of India (CCI) in order to entertain the combinations taking place outside India having an impact on India.

Design/methodology/approach

The author has established, with the help of varied case laws, that CCI has jurisdiction over the combinations taking place outside India and it is supported by the “Effect Doctrine” and the “Doctrine of Minimum Contact”.

Findings

Merger and Acquisition is a buzzword for the growth of international trade and all the countries want to secure their interest. By looking at that, it is argued and suggested in this paper that CCI can take jurisdiction on the above combination when it has any impact on the Indian economy.

Research limitations/implications

There is a scarcity of data available in the public domain and, with the CCI being in its nascent stage, it is suggested that how and in which situations the Commission will invoke its jurisdiction.

Social implications

This research will help in protecting the interest of the domestic conglomerates and small businesses in India, as there will be a check system established by the CCI on all the combinations having an impact on the Indian market and economy.

Originality/value

This paper has tried to establish the extra‐territorial jurisdiction of the Competition Commission of India, which was not available to any authority in India prior to the enactment of the Competition Act in 2002. It will help the Indian economy and market to grow in a structured manner and protect it from the combinations taking place outside India having an adverse impact.

Details

Journal of Financial Crime, vol. 19 no. 1
Type: Research Article
ISSN: 1359-0790

Keywords

Article
Publication date: 20 March 2009

G.K. Kalyanaram

In the context of India's growth and development benchmarked against China, this paper aims to address two important research questions: How do the growth models and market…

1670

Abstract

Purpose

In the context of India's growth and development benchmarked against China, this paper aims to address two important research questions: How do the growth models and market potential of China and India compare? What are some policy lessons to be learned?

Design/methodology/approach

This paper presents a critical analysis and review of the empirical results.

Findings

While India has adopted policies that have stimulated consumer demand and fostered entrepreneurship, China has adopted policies that have encouraged resource‐mobilization. China's physical infrastructure, while impressive, may have come at the cost of social investments (e.g. primary and secondary education). Empirical result shows that social investments are important for an economy's sustained growth, more than incentives to attract foreign direct investments. While the structure of the economy appears to be more promising for India, there is one enigmatic issue yet to be understood: China's path of economic development (agriculture to industry to services) has been demonstrated to be viable but India's path of development (almost directly agrarian to services‐based) may or may not be viable (the jury is still out). Finally, data from China and India are not yet discriminating enough to answer the question: is growth driven by greater export‐import trade recommended for long‐term and stable growth?

Originality/value

This study shows that while China and India have adopted two different models of growth, India's model is likely to be more sustainable.

Details

Journal of Indian Business Research, vol. 1 no. 1
Type: Research Article
ISSN: 1755-4195

Keywords

Article
Publication date: 11 January 2008

Aparna Mitra and Pooja Singh

The purpose of the paper is to highlight the differences in literacy and schooling attainment among the scheduled tribe women in India.

2134

Abstract

Purpose

The purpose of the paper is to highlight the differences in literacy and schooling attainment among the scheduled tribe women in India.

Design/methodology/approach

The paper uses data from the Census of India, Department of Education in India, and National Human Development Report prepared by the Government of India.

Findings

The high status of women among the tribal groups in the northeastern states has important effects on the literacy rates, enrollment ratios and dropout rates of girls in that region. High‐poverty rates pose to be significant obstacles in attaining literacy and education among tribal women in India. However, large differences in literacy rates in the various states in India show that social and cultural norms, proximity to the mainstream Hindu culture, and the role of women are also important determinants in achieving literacy among tribal women.

Originality/value

Literacy is considered to be an important tool for improving the status of women among the scheduled tribes. Aggregate statistics often paint a dismal picture of the low‐literacy rates and schooling among the scheduled tribe women. This paper shows that such statistics fail to capture the different trends in literacy rates and value placed in schooling among the various tribal groups in India. Differences in economic, social, and cultural backgrounds among the various tribes need to be emphasized in order to understand the differential nature of investments in literacy rates and schooling among tribal women in India.

Details

International Journal of Social Economics, vol. 35 no. 1/2
Type: Research Article
ISSN: 0306-8293

Keywords

Open Access
Article
Publication date: 15 June 2020

Santa Islam

This paper aims to present a brief discussion on the geopolitical aspects of diplomatic divergences between India and Bangladesh regarding the Rohingya issue. Presently, more than…

Abstract

This paper aims to present a brief discussion on the geopolitical aspects of diplomatic divergences between India and Bangladesh regarding the Rohingya issue. Presently, more than a million people are living in 30 refugee camps in Bangladesh. In August 2017, the plight of Rohingya refugees broke all the previous record and had largely affected the Cox's Bazar region of Bangladesh when Bangladesh decided to provide shelter to the Rohingyas, identifying them as “Forcibly Displaced Myanmar Nationals (FDMN). Due to geographical closeness and historical linkage with both Myanmar and Bangladesh, India, despite taking strict measures to avoid any cross-border opportunities for Rohingyas, could not escape the consequences. Myanmar, due to its strategic position and natural resources, has always been the epicentre of attention and investment of foreign powers. The crisis has all the elements in it to create political turbulence in South Asia and South East Asia. A peaceful environment based on mutual trust and cooperation is required for the continuing economic growth of the region. Considering the importance of in-depth research in this arena, the study pursued the qualitative method.

Details

Southeast Asia: A Multidisciplinary Journal, vol. 20 no. 1
Type: Research Article
ISSN: 1819-5091

Keywords

Open Access
Article
Publication date: 16 January 2024

Ashok Ashta

Although Asia's rise in the global economy is increasingly recognized, international business (IB) interactions between Japan and India remain under-commented. These interactions…

Abstract

Purpose

Although Asia's rise in the global economy is increasingly recognized, international business (IB) interactions between Japan and India remain under-commented. These interactions are especially salient due to the United Nations Sustainable Development Goal 17 (UN SDG 17), which focuses on partnerships. This study updates and analyzes the strategic orientation of Japanese multinational enterprises (MNEs) in India.

Design/methodology/approach

Following a subjectivist approach, this study employs a constructivist epistemology. Utilizing mixed methods, it obtains primary data from interviews and informal conversations with senior personnel from Japan and India and secondary data from archives. These data then undergo manual organic thematic analysis.

Findings

The study reveals instances of Japanese MNEs diverging from traditional ethnocentric orientations, such as senior management's growing commitment to India. The findings also indicate that the transformation to a polycentric orientation remains incomplete.

Practical implications

The study uncovers themes impeding a polycentric transformation, offering insights for strengthening international partnerships and emphasizing the necessity of prioritizing local demands and cultural expectations.

Social implications

Clues to strengthening IB contribute to attain UN SDG 17, especially given the advanced-emerging characteristics of the Japan–India dyad.

Originality/value

This study’s research makes a novel contribution to the literature on international strategic orientations by providing insights into a rare dyad – namely, Japanese MNE expansion in India. It is also a valuable and timely addition consistent with current beyond-China business diversification trends.

Details

Journal of Asian Business and Economic Studies, vol. 31 no. 1
Type: Research Article
ISSN: 2515-964X

Keywords

Article
Publication date: 15 February 2024

Ketki Kaushik and Shruti Shastri

This study aims to assess the nexus among oil price (OP), renewable energy consumption (REC) and trade balance (TB) for India using annual time series data for the time period…

Abstract

Purpose

This study aims to assess the nexus among oil price (OP), renewable energy consumption (REC) and trade balance (TB) for India using annual time series data for the time period 1985–2019. In particular, the authors examine whether REC improves India's TB in the context of high oil import dependence.

Design/methodology/approach

The study uses autoregressive distributed lags (ARDL) bound testing approach that has the advantage of yielding estimates of long-run and short-run parameters simultaneously. Moreover, the small sample properties of this approach are superior to other multivariate cointegration techniques. Fully modified ordinary least square (FMOLS) and dynamic ordinary least squares (DOLS) are also applied to test the robustness of the results. The causality among the series is investigated through block exogeneity test based on vector error correction model.

Findings

The findings based on ARDL bounds testing approach indicate that OPs exert a negative impact on TB of India in both long run and short run, whereas REC has a favorable impact on the TB. In particular, 1% increase in OPs decreases TBs by 0.003% and a 1% increase in REC improves TB by 0.011%. The results of FMOLS and DOLS corroborate the findings from ARDL estimates. The results of block exogeneity test suggest unidirectional causation from OPs to TB; OPs to REC and REC to TB.

Practical implications

The study underscore the importance of renewable energy as a potential tool to curtail trade deficits in the context of Indian economy. Our results suggest that the policymakers must pay attention to the hindrances in augmentation of renewable energy usage and try to capitalize on the resulting gains for the TB.

Social implications

Climate change is a major challenge for developing countries like India. Renewable energy sector is considered an important instrument toward attaining the twin objectives of environmental sustainability and employment generation. This study underscores another role of REC as a tool to achieve a sustainable trade position, which may help India save her valuable forex reserves for broader objectives of economic development.

Originality/value

To the best of the authors’ knowledge, this is the first study that probes the dynamic nexus among OPs, REC and TB in Indian context. From a policy standpoint, the study underscores the importance of renewable energy as a potential tool to curtail trade deficits in context of India. From a theoretical perspective, the study extends the literature on the determinants of TB by identifying the role of REC in shaping TB.

Details

Sustainability Accounting, Management and Policy Journal, vol. 15 no. 3
Type: Research Article
ISSN: 2040-8021

Keywords

Article
Publication date: 5 January 2024

Imran Khan

The paper aims to analyse the impact of economic and governance factors on remittance inflows to India from the UK, USA and UAE. India is globally recognised as the largest…

Abstract

Purpose

The paper aims to analyse the impact of economic and governance factors on remittance inflows to India from the UK, USA and UAE. India is globally recognised as the largest recipient of remittances.

Design/methodology/approach

Using a comprehensive time series data set spanning 1996 to 2022, the authors use an innovative non-linear autoregressive distributed lag model approach to examine the influence of economic growth, corruption control and employer availability in the three source countries on remittance inflows to India.

Findings

The results indicate that in the UAE, changes in economic growth and corruption control directly affect remittance outflows. However, the presence of employers in the UAE has minimal impact on remittance outflows to India. Regarding the UK, fluctuations in economic growth primarily drive remittance outflows to India. The effect of corruption control and employment opportunities on remittance outflows is marginal. In the USA, economic growth does not notably impact remittance outflows, whereas corruption control and employment opportunities significantly influence the outflows to India.

Originality/value

These findings have important implications for policymakers. Analysing macroeconomic factors from key remittance-sending nations offers valuable insights for Indian policymakers and their international counterparts to enhance remittance inflows. The study focuses on three countries that collectively contribute to about 50% of India's remittances, providing a unique contribution compared to the usual country-specific or regional focus in existing literature. Finally, leveraging these findings, NITI Aayog, an organisation dedicated to achieving India's sustainable development goals, can effectively monitor macroeconomic indicators related to significant remittance-sending countries.

Details

Journal of Financial Economic Policy, vol. 16 no. 3
Type: Research Article
ISSN: 1757-6385

Keywords

Article
Publication date: 21 November 2023

Nabamita Dutta, Saibal Kar and Supratik Guha

According to the Government of India’s Ministry of Labour and Employment Report (2015), almost 90% of the Indian workforce can still be categorized as informally employed…

Abstract

Purpose

According to the Government of India’s Ministry of Labour and Employment Report (2015), almost 90% of the Indian workforce can still be categorized as informally employed, generating approximately 50% of the national product. Challenges with data availability have made a rigorous analysis of the informal economy in India often difficult and inadequate for policy formulations. This study aims to fill the gap by providing an empirical analysis of the informal economy in India using micro-data from the World Bank’s Informal Enterprise Surveys.

Design/methodology/approach

The authors contribute by empirically testing the association between the adoption of digital technology (payments) and firm performance proxied by firm sales. Matching models are used to mitigate sample selection bias arising out of simultaneous sample selection.

Findings

The results suggest that the participation in digital platforms, namely, use of digital payment instruments, is associated with higher sales for firms. The results of this study also show that adoption of digital payments helps in both situations – whether a firm has been using digital technology or has just started using it since the outbreak.

Research limitations/implications

More in-depth data over time, spanning across more cities of India, is needed to conduct a further detailed investigation.

Social implications

The results should allow policymakers in India to reconsider youth-centric and women-centric business needs, even within the informal sector, which does not often enter the purview of the government but remains responsible for the growth and sustenance of 90% of the country’s workforce. If further research on this issue could engage with the impact of demonetization of currency in 2016 as a lagged shock on sales and reestimate subsequent growth, it would perhaps offer a wider spectrum of how the performance of the informal economy in India affects the entire economy, which has over the last four years and before the onset of Covid reported slower growth.

Originality/value

Productivity is measured in terms of sales of informal firms in India in a regular month or in recent period like last month. Adoption of technology such as making payments using digital platforms can enhance productivity of firms by lowering standard transaction costs and time spent for visiting banks or financial institutions. Albeit not extensively, the literature has investigated digital technology adoption in the context of firms achieving comparative advantage (D’Ippolito et al. 2019; Scuotto et al. 2017), firms generating value creation (Magistretti, Dell’Era and Petruzzelli, 2019), and in helping with strategic initiatives and agility of firms (Ghezzi and Cavallo, 2018; Piccoli and Ives, 2005). Nonetheless, it would incur certain fixed costs, including acquiring skills and awareness, to manage digital platforms. In addition, physical access to instruments such as smartphones or computers and internet connectivity are prerequisites for productivity enhancements. Firms belonging to the informal sector in India generally face these challenges but may also benefit significantly following successful adoption. To the best of the authors’ knowledge, this is the first study to conduct a preliminary empirical analysis of the impact of digital technology adoption on the performance of informal sector firms in India.

Details

Indian Growth and Development Review, vol. 16 no. 3
Type: Research Article
ISSN: 1753-8254

Keywords

Article
Publication date: 31 October 2023

Ahamed Ashiq Shajahan

This paper aims to examine the applicable legal framework, various concerns regarding the price support methodology and the merits and pitfalls of the Bali peace clause that…

Abstract

Purpose

This paper aims to examine the applicable legal framework, various concerns regarding the price support methodology and the merits and pitfalls of the Bali peace clause that currently shields India’s public stockholding (PSH) policy, to provide suggestions on moving forward in the World Trade Organization (WTO) negotiations.

Design/methodology/approach

At the WTO, PSH for food security is considered a trade-distorting price support measure when food stocks are purchased from farmers at administered prices instead of market prices. The price support is measured by a specific methodology stipulated under the Agreement on Agriculture. India is concerned that the price support methodology overestimates the actual support provided to the farmers and makes India susceptible to violating the WTO law.

Findings

The paper explains the domestic implications for India arising due to the applicable WTO law. Given the centrality of India’s PSH programmes in ensuring food security, India must seek more clarity on the interpretation of Article 18.4 of the AoA and the ambiguous provisions of the Bali peace clause.

Originality/value

The paper provides a timely and updated analysis of the contentious issue of PSH for food security, exclusively from the Indian perspective, highlighting the persisting challenges for India in WTO agriculture negotiations. This is timely as many WTO members have raised serious concerns about India’s market price support policies recently and this analysis informs the reader about the underlying issues.

Details

Journal of International Trade Law and Policy, vol. 22 no. 3
Type: Research Article
ISSN: 1477-0024

Keywords

Article
Publication date: 6 November 2023

Krishna Bhattacharya and Mahima Ahuja

The debate to find a solution for domestic price support under the WTO Agreement on Agriculture (AOA) has been a long one. The stance of India is critical to determine due to its…

Abstract

Purpose

The debate to find a solution for domestic price support under the WTO Agreement on Agriculture (AOA) has been a long one. The stance of India is critical to determine due to its large population. This paper aims to analyse the benefits or demerits of minimum price support and what approach could be adopted by India.

Design/methodology/approach

The paper is a mix of both analytical and theoretical research. The paper first provides a background on the issues related to public stockholding and further analyses some data at which India procures wheat and rice from the farmers and then compares it with retail market prices in India.

Findings

The paper finds that the difference in price between minimum price support and retail market prices in India for wheat and rice is minimal. Therefore, the concern that India might be taking advantage of the minimum price is uncalled for. India also needs to balance its own interests as well as abide by its WTO obligations. The paper finds that cooperation among countries or regional blocks might help to address the problem of food insecurity.

Originality/value

The paper portrays India’s stance with regard to WTO AOA as well as studies the Indian market for wheat and rice.

Details

Journal of International Trade Law and Policy, vol. 22 no. 3
Type: Research Article
ISSN: 1477-0024

Keywords

1 – 10 of over 55000