Lithuania is a modern, dynamic North European country of high technologies and innovations. It’s a country of unique cultural riches, lovely, authentic countryside, unspoiled coastal area and unforgettable UNESCO World Heritage masterpieces. Lithuania is also a primary North European transport centre. Excellent Strategic Location Lithuania is the geographic centre of Europe – it is a lively crossroad between the North, East and West. Lithuania has a convenient proximity to Scandinavia, Western Europe, Russia and the CIS. The country is the EU’s prime transport hub and an interconnection of two major pan-European transport corridors, linking the huge Eastern markets with the rest of Europe via air, sea, rail and highway routes. Lithuania is part of the EU, NATO and Schengen area. Smart, Well-Educated People Lithuanians are among the best educated EU citizens – more than 90% having secondary or higher education, over 30% – higher education. Moreover, Lithuanians are among EU’s most multilingual people – 90% speak at least one foreign language. Lithuanians are flexible, hard-working and creative people, known as innovators and authors of world-scale inventions, for example, in the fields of biotechnology, lasers and ICT. World-Class Business Infrastructure Lithuania offers world‘s-leading ICT resources – the world’s fastest internet download and upload Internet and Europe’s highest fiber penetration. The country is a hub of five integrated R&D valleys, six business development (FEZes and IPs) and four logistic centres. Investor-Friendly Business Environment Lithuania offers one of the lowest-costs locations in the EU, characterized by low salaries and relatively low and flat taxes. The country offers generous investing incentives ( for example, the INVEST LT+ program, designed to cover expenses of FDIs, may offer up to EUR 3.5 million in support) and highly attractive corporate profit tax reductions for new technologies and R&D.
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Adoption Law India
An Indian, Non Resident Indian or a distant citizen will adopt a toddler in India. There are separate laws, pointers and documentation for various prospective oldsters. one feminine or a married couple will adopt a toddler. In India, one male is typically not eligible to be an adoptive parent. An adoptive parent ought to be medically match and financially able to look after a toddler. an individual wishing to adopt a toddler should be a minimum of twenty one years previous. there’s no legal higher age limit for fogeys however most adoptive agencies set their own benchmarks with regard to age. For a toddler who is a smaller amount than a year previous, the adoptive oldsters will have a most combined age of ninety years. Also, neither parent should be older than forty five years. Indian voters who are Hindus, Jains, Sikhs, or Buddhists are allowed to formally adopt a toddler. The adoption is underneath the Hindu Adoption and Maintenance Act of 1956. underneath this act, one parent or married couple aren’t permitted to adopt over one kid of constant sex. Foreign voters, NRIs, and people Indian nationals who are Muslims, Parsis, Christians or Jews are subject to the Guardian and Wards Act of 1890. underneath this act, the adoptive parent is just the guardian of the kid till she reaches eighteen years archaic. Foreign voters and NRIs are speculated to formally adopt their kid in step with the adoption laws and procedures within the country of their residence. This should be applied at intervals 2 years of the individual changing into a child’s guardian. there’s conjointly a Juvenile Justice Act of 2000, a vicinity of that deals with adoption of youngsters by non-Hindu oldsters. However, this act is applicable solely to youngsters who are abandoned or abused and to not those youngsters who are voluntarily place up for adoption. An adoptive parent is allowed to raise for a toddler, as per her preferences. for instance a parent could raise for a toddler of an explicit age, gender (if it’s the primary kid within the family), skin color, religion, special options, health condition, etc. However, bigger the specifications, harder it’s to search out a toddler who conforms to them. This restricts the pool of youngsters obtainable for adoption.
National Manufacturing Policy India
The concern about the stagnant and low share of the manufacturing sector in India‘s GDP necessitated a dedicated policy for the sector with a view to accelerated development, inclusive growth and provision of gainful employment. The DIPP‘s vision to increase the share of manufacturing in GDP from 16% to 25% was endorsed in the conference of State Industry Ministers on 17 November 2009. The Hon‘ble Commerce and Industry Minister made an announcement thereafter that the Government will come out with a manufacturing policy. Following this announcement, a draft was prepared and placed on the department‘s website on 31 March 2010 for stakeholder comments. As a response, the NMCC proposed a draft national manufacturing policy. Recently, the Planning Commission has prepared what it calls the National Manufacturing Plan. Relevant points from the NMCC and the Planning Commission papers have been incorporated in this policy document wherever appropriate.
Concomitant policy interventions which impact the manufacturing sector but which can be taken up for development of national policies in the medium term have not been directly addressed in this document. The Planning Commission has identified these as : digitization of land and resource maps and creation of land banks by states; water zoning; offset policy; fiscal and exchange rate measures; strategic acquisitions; development of world class manufacturing management capabilities; trade policy especially boosting India‘s exports; and reforming the role of public sector enterprises. A lower emission inclusive growth strategy is another important area.These issues may be addressed through separate policy initiatives.
This Policy document has been prepared after extensive stakeholder consultations and inputs from the industry, state governments and experts in the field of manufacturing, technology development, and business environment. The policy seeks to present specific action points in the areas identified as constraints that require immediate policy attention. There could be several other constraints which affect the sector but it is not possible to deal with all of them at the same time. This policy therefore does not claim to address all possible issues affecting the manufacturing sector in India but those that are critical to its growth at this juncture.
Please read the complete policy at http://trustman.org/india/national_manufacturing_policy
External Commercial Borrowings procedures RBI
The RBI on 25th Sep 2011 has further rationalized and liberalized the external Commercial Borrowing (ECB) Policy. Detailed instructions have been issued vide A. P. (DIR Series) Circular Nos. 25, 26 and 27 dated September 23, 2011.
The RBI on 7 Sep 2011, as a measure of simplification of the existing External Commercial Borrowings procedures, decided to delegate powers to the designated AD Category-I banks to approve the request from the ECB borrowers with respect to change in the recognized lender when the original lender is an international bank or a multilateral financial institution (such as IFC, ADB, CDC, etc.) or a regional financial institution or a Government owned development financial institution or an export credit agency or supplier of equipment and the new lender also belongs to any one of the above mentioned categories, subject to certain conditions.
Law Firm Marketing
Referrals are critical component for generating the work for the law firms. It reminded of the importance of networking, and those who build strong referral partners are often very successful. Word of mouth and referrals continue to be cited by consumers as the primary way, but the Internet has recently changed the referral process. Clients view the Internet as a valuable information resource, and in virtually all cases, the Internet will be used to provide additional perspective and details which will affect decisions.
After receiving a referral the Client decides to research the provider being referred before contacting him/her. Even when a Client receives a strong referral, often they will still “Google” the lawyer or law firm and look for their website. What they find may help or hurt their’s chances. A referral in itself helps Client to make the decision but Client will make evaluations based on the information collected from internet and other resources, all before they contact him/her. The Client is also likely to research topics or issues pertaining to their situation. Therefore, clients are fairly well-informed (or they believe they are) when and if they call the provider. When someone asks for a recommended provider, they typically receive several responses. This creates a lot of options, and possible work for the client, and many are willing to do it to make their decision.
As a professional who seeks to build a strong network of referral partners, there are a few things you can do to help yourself:
- Deliver a great service that is worth talking about by others. If you do something that others do not, and delight your clients, it will give both you and them something to talk about with others. You will stand out from the crowd.
- Your referral partners should know who your ideal client is and how you can help them. Law firm or lawyers should explain their services in detail to their referral partners as as clients. The lawyer will get the right kind of clients this way. The happy clients refer a lot of business and create an image for the lawyer.
- Make sure you help yourself with your online presence and image. Make sure it reinforces your brand and credibility.
- Use marketing and advertising to supplement your referrals so you have both referral business and newly generated business for your firm. This blend will keep you busy and well-fed.
