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As the saying goes "necessity is the mother of invention", the academic community has found an answer to the scholarly communication crisis in the form of open access. It can bring a revolutionary change in the traditional scenario of scholarly communications where everything was in control of the publishers and the authors' were deprived of their basic rights. The libraries were loosing their purchasing power as the publishers had raised subscription charges steeply. The worst sufferers being the readers who were unable to access the knowledge they needed. With the advent of open access, the grim situation has gradually started to improve as more and more scholarly works in the form of journal articles, open courseware, theses and dissertations, conference papers, presentations, reports, etc. are freely available online. A number of initiatives are being undertaken by various academic institutions, discipline oriented research organizations, learned societies, governments of various countries and many international LIS associations like IFLA, ALA, SPARC, etc. These initiatives have also led to an impact on the commercial publishers to think alternative publishing model to help the authors who want their scholarly work to be in public domain without harming their commercial interests. The authors are now getting the freedom to publish in open access journals and/or submit their works in the open access institutional repositories. If the author's organization does not have an institutional repository, they can deposit the article in a disciplinary archive. But these initiatives are not sufficient to bail out the budget starving libraries. Hence, more efforts have to be made to create free and conducive environment encouraging knowledge creation, rapid dissemination and maximum sharing leading to advancement of global knowledge and ultimate progress of the world.

PurposeThis paper aims to examine the significance and challenges of corporate social responsibility (CSR) initiatives organized by multi-stakeholders and to clarify the function of CSR initiatives: What is the significance of multi-stakeholder initiatives (MSIs)? What conditions are required for CSR initiatives to work satisfactorily? How do CSR standards function effectively in companies?Design/methodology/approachThe significance and challenges of multi-stakeholder CSR initiatives are clarified theoretically, based on previous literature from relevant research fields.FindingsMSIs are beyond the "dichotomy" of two traditional approaches to CSR, namely, voluntary vs mandatory. However MSIs do not automatically ensure good performance. We should discuss not only the legitimacy of MSIs but external monitoring and evaluation systems for responsible companies in the market, as well as organizational efforts to incorporate CSR standards into managerial processes.Social implicationsThis paper shows that an MSI is an important platform for establishing and promoting a CSR standard, and further that market maturity and stakeholder engagement are required to make CSR work.Originality/valueThe study explains that ceremonial compliance with CSR standards may be inevitable even where the legitimacy of an MSI is secured, and that we should recognize that monitoring and sanction systems in the market and an organizational approach to the incorporation of CSR in management practices are required.

Since the independence, India has always been a country where agriculture was main contributor to GDP, but recently a lot of initiatives are taken by Indian government to boost Manufacturing sector in India. Ease of doing business, Single window clearance, focus on Public-Private partnerships, Foreign direct investment, harnessing the potential of Democracy, Demography and Demand - that's what forms the key focus of PM Narendra Modi's 'Make in India' campaign. Following Paper, based on Secondary data, explores the initiative taken by government and by foreign multinationals to boost manufacturing in India and importance of labor reforms to achieve this goal.

Abstract
This article re-examines China's proposed Belt and Road Initiative (BRI) taking into account historical and philosophical narratives. It assumes that the BRI has crucial strategic implications; in particular, that it is not as altruistic as claimed but rather a self-interested proposal aiming to restore China's grandeur and influence. The Chinese Dream (中國夢) and the concept of Tianxia (天下), 'all under heaven') are discussed to illustrate how the initiative is 'marketed'. It ends with an interpretation of the impacts that the BRI might have on other parts of the world.

FDI is the key instrument for a country to achieve a sustainable higheconomic growth. India has marked its presence as one of the fastest growing economies of the world. India is ranked among the top 3 attractive destination for inbound investment. The obstacles has been removed, now there is peace and security and the chances for FDI are maximum but the conditions are not sufficient. It needed an attractive investment climate, good governance and rule of law. FDI made its entry in India in the year 1991 1992 with the aim to bring together the intended investment, actual savings and meet the balance of payment deficit of the country. Make in India an encouraging initiative has been taken by the government of India to increase FDI in the country. The aim of the initiative is to build physical infrastructure and to create a digital network for making a tremendous impact on the investment climate of the country. Dr. Suresh Sachdeva | Mohd. Azhar-ud-din Malik "Make in India : Growth and Future Scenario of Foreign Direct Investment" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-5 , August 2017, URL: https://www.ijtsrd.com/papers/ijtsrd2301.pdf