This paper purports to apprise principally the experience of control of Restrictive Trade Practices (RTP) in India by the Monopolies and Restrictive Trade Practices (MRTP) Commission under the MRTP Act, 1969. This experience is examined by the Commission since the enactment of this legislation...

The growth of agricultural implements used in Gujarat was examined on the basis of Livestock Census data of 1951, 56, 61, 66, 72. The total power now available on Gujarat farms comes to 0.6 hp/hect; if pumping sets are excluded, it is 0.34 hp/hect. This is lower than Punjab, and a little higher...

1407 Although democracy evolved in the West, in this century it has been adopted by scores of developing societies, with several relapses to despotism and recoveries from it. The most common form of democracy is liberal democracy, with several distinguishing characteristics. However, there are...

Rural savings are determined by both ‘ability’ and ‘incentives’ to save. All except two studies reviewed emphasize ‘ability’, though some qualitatively analyze ‘incentives’. This relative neglect is justified when positive substitution effect of the ‘incentives’ is off-set by...

In this paper we consider solutions defined on the class of transitive tournaments. Such solutions are essentially rank solutions i.e. solutions which depend on the ranks of the alternatives and not on any other physical characteristic. A solution is said to be a threshold solution, if for every...

Situations abound in the real world, where aggregate demand for a commodity exceeds aggregate supply. When such situations of excess demand occur, what is required is some kind of rationing. The literature on rationing problems has an interesting origin in the Babylonian Talmud. The purpose of...

We argue that both, the system of technology generation as also transfer in dry regions/rainfed high risk environments have to be differently designed than the systems suitable for irrigated regions. In Part-I, we discuss the characteristics of dry region and implications for participative...

The takeover of substantial number of shares, voting rights or control in a listed Indian company attracts the provision of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997. The regulations have been amended nearly 20 times since inception, though the amendments have...

An increasing focus on improved disclosures has been the regulatory thrust of securities regulations since the great crash of 1929. India gave up the merit based system of a controller regulating the issue of securities in favour of the disclosure based regulatory philosophy in 1988. Since then...

Results from newly developed unit roots tests of ERS (1996), PN (1996), NP (2001) and LM (1994) are compared against their traditional counterparts (ADF, PP and KPSS) on select Indian macroeconomic data. Results from ERS, PN and NP are broadly in agreement. However, using the general to specific...