CSR Spending: An Anti-Democratic Idea?

By | 2017-04-14T11:11:12+00:00 September 12th, 2015|Uncategorized|

  Governments asking big firms to spend money on social causes is an idea that needs to be carefully debated India is probably the first country in the world to mandate Corporate Social Responsibility (CSR) spending by large companies. Firms with revenue of Rs.1,000 crore, or net worth above Rs.500 crore, or profits above [...]

What we should score Arun Jaitley on?

By | 2017-04-14T11:15:51+00:00 August 12th, 2015|Uncategorized|

As the country eagerly awaits the new government’s maiden budget, Shankar Jaganathan evokes the realities of the Indian economy to provide a reference framework within which to judge the Jaitley budget. New beginnings are always exciting to look forward to for they have the potential to chart unexplored territories. New beginnings with high expectations [...]

One Person Companies: Speed without effective brakes?

By | 2017-04-14T11:18:11+00:00 July 12th, 2015|Uncategorized|

The introduction of One Person Companies in the Companies Act, 2013 eyes fast economic gains; however, as Shankar Jaganathan points out, it also calls for a more considered approach and provision of safeguards to protect the smaller creditors and employees. A new concept of ‘One Person Company’ has been introduced in India for the [...]

The Economics of a Strong Democracy

By | 2017-04-14T11:20:34+00:00 June 12th, 2015|Uncategorized|

Holding trust brought forth by equality of individuals as a critical foundation for a strong democracy, Shankar Jaganathan discusses the postulates of two recent academic publications that add to the important discourse on the issue of inequality. If you had to leave your valuable belongings unattended for a few minutes to visit the restroom, [...]

Helping Businesses Help Society

By | 2017-04-14T11:22:44+00:00 May 12th, 2015|Uncategorized|

The Companies Act 2013 has extended its scope to provide norms for the organisation and functioning of not-for-profit ventures. Why not, then, use the same or similar legislation to create a conducive environment for social enterprises, asks Shankar Jaganathan. The limited liability company, the Hindu-Arabic numbering system and double entry bookkeeping are counted among [...]

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