Corporations have taken a step ahead in contemporary times endorsing ‘Corporate Citizenship’ for positive impact within organizations and society. In departure to the classic definition of organizations just being profit-maximizing bodies exercising powers granted to it for the interests of the shareholders; business organizations in the twenty first century have assumed a prodigious role of ‘a legal construct that needs to be economically competitive as well as socially responsible’. The ambit of Corporate Citizenship is more than social responsibility. Corporations cannot ignore global issues which increasingly impact business, and choosing not to engage with communities can hurt the bottom line which may impact businesses. Organizations are required today to also protect their employees, engage them as ambassadors in company’s citizenship efforts, without which good governance in corporations remains unfulfilled.
The present study critically analyses the policy framework of supply of drinking water in Bihar and attempts to explore scope of the new policy paradigm, which advocates for treating drinking water as economic good and supply it based on demand and cost recovery principle. The present paper uses the technique of Contingent Valuation Method to assess the Willingness to Pay for piped drinking water in rural Bihar and uses logistic regression analysis to identify factors influence willingness to pay for drinking water, critical to the new policy paradigm. The study found a large section of people are ready to share capital cost, monthly user charges and agreed to take part in management to ensure regular supply of improved drinking water. Education, income and community status, existence of contamination, perceived improved quality of piped water play significant role in determining willingness to pay for piped drinking water. The possibility of sharing project cost as well paying monthly charges and involving in managing the water supply project appeared to be an effective service delivery model in the context of rural Bihar. The findings indicates for adoption of more pragmatic approach and governance reform in supply of drinking water in rural areas, hitherto supplied by only public sector/enterprises.
Information technology has a critical role to play today in enabling progress in a multitude of areas which fall under the domain of development. It is a tool, which if properly utilized, can help mobilize resources and improve efficiencies by leaps and bounds. This study pertains to the intersection of Information and Communication Technology (ICT) and healthcare infrastructure and analyzes the level of digitalization and general utilization of information technology within the private and government hospitals; with regard to consumer interface, and secondly, regarding the knowledge and attitude of people towards the same.The research takes a dual focused approach to incorporate the views of two parties, mainly the service providers of healthcare and the consumers. Results show that citizens of Pune are largely aware of the e-health services available to them. Hospitals are also found to be sensitive to their need to keep up with technological progress as that not only helps them improve their internal administration but also improve their relationship with patients. A smart city requires a confluence of efforts both from the Government and a proactive citizenry to succeed and Pune city appears to be on the right path.
This paper reviews institutional and procedural aspects of the investor state dispute settlement (ISDS) mechanism in bilateral investment treaties (BITs). The problems of international arbitration system under ISDS are the main focus of the paper. ISDS was initially created to de-politicize the investment dispute settlement mechanism. However, in the actual practice, this system came under strong criticism for its flaws like confidentiality, inconsistency, non-transparency, expensive etc. Although, several alternate mechanisms at national and regional level were proposed, however, results are insufficient. Therefore a free and fair system for investment dispute settlement, based on the consent of all stakeholders (states, investors and development objectives) is need of the hour.
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