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Hemant K Batra is a ardent speaker and writer on diverse topics of public importance be it legal, social, political or economic. By profession, he is a Strategist Business, Corporate & Commercial Lawyer, whose practice is concentrated across the Globe in general, specifically in India/South-Asia.

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Posted on : December 19, 2009
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Part 3: Anti-Corruption Compliance and Enforcement Issues In India
By Hemant K Batra
GOVERNMENT STRATEGIES
Every year a "Vigilance Awareness Week" is observed by public authorities to make people and stakeholders in general aware of the new anti-corruption measures/systems, which have been put in place within the organization. Independency of civil servants is sought assured by various initiatives, such, among others, the rotation every two/three years of senior officials in sensitive positions; the prohibition for civil servants to accept gift/lavish hospitality by companies with which they are having official dealings unless the government has given its approval. Some of the initiatives taken by government to combat the menace of corruption are:
Positive Impact of E-Governance: A wide range of public services have been digitized, which has considerably increased the speed of government services and removed some of the possibilities for demanding bribes. ......read more
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Posted on : September 28, 2009
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Impact Of Trade Policies On The Rural
By Hemant K Batra
When the head of states travel abroad, their entourage includes many chief business managers and executives. A couple of decades ago, military generals and admirals usually accompanied presidents or prime ministers on state visits. Military alliances or non-aggression treaties commonly occupied the agenda. Such peace policies have been replaced in recent years by commercial or trade policies, given the fact that the primary focus of all countries now a days is economic growth and development as this is what that determines the Global standing of a country in the present global scenario.
 
Regionalism is described in the Dictionary of Trade Policy Terms, as “actions by governments to liberalize or facilitate trade on a regional basis, sometimes through free-trade areas or customs unions”. ......read more
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Posted on : September 26, 2009
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Regionalism As Against Globalization Part III
By Hemant K Batra
Regional trading arrangements – reasons for popularity: Regional trading arrangements and FTAs have increasingly become the preferred mode of trade liberalization amongst the countries of a region even though they may be members of WTO. The reason for this can be traced to freedom that such arrangements provide for addressing the trade issues peculiar to a region or the member countries of an FTA.
 
In a nutshell FTAs/RTAs can be used as a tool for –
 
Material management
Cheaper imports – domestic prices in control
Better quality products at competitive price
Better market access
Investments flow - JVs
Coverage of Services
Mutual recognition of standards & laboratories
Trade facilitation, Harmonisation of Customs procedures etc. ......read more
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