by IJLMH | Aug 27, 2018
With the recent enactment of Micro, Small and Medium Enterprises and Development (MSMED) Act, 2006 Small and Medium Enterprises (smes) sector has emerged. Like in any other developing countries, in India also, smes play a very significant role in terms of their balanced and sustainable growth, employment generation, development of entrepreneurial skills and contribution to export earnings.
The present research paper aims to analyse one of the most indispensable instrument to strengthen the SME sector in India, namely, the financing of the smes through the Banking Industry in India. The paper starts with an introduction briefly highlighting the importance of the SME sector in the Indian economy. The author then points out the various problems plaguing the smes in India and goes further to elaborate and discusses in detail the problem of lack of credit supply to smes through the Banking Industry in India. The paper discusses the major issues which are the reasons for the reduced credit supply by banks to smes. The paper then proceeds to give an account of the measures taken by the government to enhance credit supply to smes and also highlights the major initiatives taken by the Reserve Bank of India for the same.
The author then provides various suggestions to improve the credit supply to smes through banks. After providing the limitations of the study the paper finally ends with the conclusion providing a summary of the entire paper and briefly discussing the role of banks in strengthening the SME sector in India.
by IJLMH | Aug 27, 2018
Compulsory license is the authorization given by the government (Patent Authority) to the third party to make, use or sell a particular product or use a particular process which has been patented. It is to be done without the need of the permission of the patent owner.
While thoroughly analyzing the surroundings of this research, it outlines a possible approach for the Competition Commission of India (CCI) to adopt if it should play a role in issuing compulsory licenses.
by IJLMH | Aug 27, 2018
This paper discusses the legal discourse and Communication as a research device. It also investigates theoretical, descriptive and applied issues of legal discourse and communication manifested in different languages, cultures, systems and societies. Given the central role played by language in the creation of socio-legal reality, learning in this series will focus on synchronic and diachronic forms of linguistics and structures of written and spoken discourse as a system of communication and action within and across the academic, professional and institutional boundaries of law. This paper also focuses on original, high-quality work in legal discourse and communication as well as extending to other social categories where the extensive logical areas are involved. It therefore, also promotes theories and methods taken from, but not restricted to, text and (critical) communication analysis, genre analysis, discussion analysis, corpus-based analysis, socio-linguistics, ethnographic, arbitration discourse analysis. These ‘multi-modal’ approaches to discursive accounts of legal language and communication in social and cultural formations expand to include rhetoric/argumentation analysis, multilingualism and translation/explanation and provide a medium for analysis across a broad spectrum of humanities and social science disciplines.
