Economic Development In India Research Articles

Financial Performance Analysis using CAMEL Model with Special Reference to Listed Small Finance Banks in India

Banking sector plays a vital role for the development of Indian economy. Over the past few years banking industry has gone through many changes. Small Finance Banks are recent banking initiative of Reserve Bank of India towards promotion of financial inclusion in India. The small finance banks in India play a prominent role as these banks provide services to the financially unincluded population. These banks provide basic services to the small-scale farmers and micro and small-scale industries. These banks will help in boosting the economy of the country as they provide services to major population of the country. The study is related to a period of five years from financial year 2017-2018 to 2021-2022. The study contains an assessment of the performance of SFBs using CAMEL Model. The analysis helped to measures the performance of banks from each of the important parameter like Capital Adequacy, Assets Quality, Management Efficiency, Earning Quality and Liquidity.

The Instruments and Significance of Monetary Policy in the Development of Indian Economy

The Instruments and Significance of Monetary Policy in the Development of Indian Economy

Role of Corporate Social Responsibility in Social and Economic Development in India.

A management concept known as "Corporate Social Responsibility"(CSR) encourages corporate sector to incorporate social and environmental considerations into their activities and relationships with stakeholders. Corporate social responsibility is typically considered as the means through which a business finds a balance between its social, environmental, and economic imperatives. Corporate social responsibility is emerged as a critical component of long-term commercial success. CSR has great impact on the development of new economy. Following an amendment to the Companies Act, 2013 in April 2014, India became the first country in the world to make corporate social responsibility as mandatory. As part of any CSR compliance, companies can spend their profits in areas such as protection of environment, development of education, eradication of poverty and gender equality.
 The Ministry of Corporate Affairs has announced that company’s expenditures to combat the COVID-19 (Coronavirus) outbreak will be considered valid in CSR activities. Funds may be spent on COVID-19-related activities such as healthcare promotion, including preventive healthcare, sanitation, and disaster management. Amendments to the Companies (Amendment) Act, 2019 concerning CSR Previously, if a company was unable to spend its CSR funds fully each year, it could carry the amount forward and spend it in the following fiscal year, on top of the money allotted for that year. The CSR amendments to company Act, 2013 now require companies to deposit any unspent CSR funds into a fund specified in Schedule VII of the Act by the end of the fiscal year. This amount must be used within three years of the transfer date, or the fund must be deposited in one of the specified funds.

The linkage between inflation and economic growth : Evidence from India

Even though the country’s economic numbers showed improvement, a re-calculation revealed a substantial decrease in growth. As a result, the economy of a country is struggling, which is a grave worry. A drop in revenues, a reduction in economic activity and job losses are all the outcomes of such a decline. In addition to economic development, inflation is a critical component of the economy. Purpose of the Study: While some studies found that economic expansion does not directly affect inflation, foreign investment and other economic issues, further research discovered the opposite. This research explored the effect of inflation on economic growth and determined a positive link between inflation and economic development in India. The study uses quarterly time-series data to analyze the impact of inflation on economic growth from the first quarter of the 2011-2012 financial year to the first two quarters of the 2020-2021 financial year. Methodology: To complete this study, the time-series data was used during the time span 2011-2021. Several econometric methods are employed to research this kind of connection, including the Augmented Dickey-Fuller (ADF) unit root test, ARDL, Johansen co-integration and Granger-causality test. Finding: A positive connection in the context of inflation and economic growth was found in the research. The study indicates a very strong, obvious inverse relationship between the two.

Human Resource Development in Economic Development of India: A Case of Education

Human Resource Development in Economic Development of India: A Case of Education

The Changing Face of CPSEs in Economic Development of India

The Changing Face of CPSEs in Economic Development of India

The Changing Face of CPSES in Economic Development of India

The Changing Face of CPSES in Economic Development of India

Livelihood generation of the beneficiaries of Mukhyamantri Krusi Udyog Yojna

The present scenario of India shows a growing rate of unemployment among the youths especially the rural ones and there is a need to create employment for the youth or the future of India. So in order to create employment the need of the hour is to bring up small scale enterprises. Small scale industries are important because it helps in increasing employment and economic development of India. It improves the growth of the country by increasing urban and rural growth. To encourage this, the state government of Odisha has started a program named Mukhyamantri Krushi Udyog Yojna in order to create employment through small enterprises. Hence the present study was undertaken to find out the extent of livelihood generation of the beneficiaries with respect to non-beneficiaries of Mukhyamantri Krusi Udyog Yojna of Khurdha district of Odisha. The study revealed that there was a positive aspect in the livelihood of the beneficiaries.

Does India’s Economy in the Fifth Stage of Development? A Post 2007-08 Crisis Analysis

Earlier studies by Panagaria (2008) and Bhat (2013) have categorized the economic development of India into four phases based on the social, political, and economic parameters from 1951 to 2006. Considering the economic performance and global financial crisis of 2007-08, this paper analyses the fifth stage of economic development. Apart from the earlier studies, it analyzed global economic outlooks to trace the shrinking growth rate in GDP, industry, and the manufacturing sector. The first phase of economicdevelopment in India since independence followed a liberal regime and accounted for a GDP growth rate of 4.1 percent. The second phase experienced restrictive policies and adopted an ‘indigenous non-availability import system’, and the end result was a drop in the growth rate. Hence, it adopted relatively liberal policies in the third phase and systematic liberalization was enacted in the fourth phase. The liberalization policies resulted in an accelerated growth rate in all sectors and continued until the economic crisis of 2007-08. In addition to the earlier studies, this paper considers the post-crisis period as the fifth phase of economic development, where the economy experienced a remarkable increase in the GDP growth rate resulting from the surge in the service sector and a significant drop in the industrial sector. It appears that industrial growth rates were revoked due to the continued fall in export demand and foreign capital outflows in the post-crisis period.

Commercial Initiation of Feather Hydrolysate as Supreme Fertilizer: A Smart Bio-Cleaning Strategy of Poultry Waste.

Economic development of India mainly depends on agricultural sectors. The Indian traditional agricultural system is mainly based on chemical fertilizer to get better yield. The main motto of this research work is to change the traditional faith of Indian farmers and rural Indian economy. Bioprocessing of feather prepared from an efficient newly isolated bacterial strain, identified as Bacillus wiedmanni SAB10 is used to produce a nitrogen rich liquid fertilizer. The cell-free hydrolysate was prepared from submerged fermentation of poultry litter (1.25%, w/v) as sole media with supplemented as chicken feather (1%, w/v) in 79.41h with pH 10.6. Fermented hydrolysate contains a significant quantity of total amino acid (503.02mg/L) with diversity (Cystine, Phenylalanine, Tyrosine, lysine, Valine, Proline and Alanine), total oligopeptides (4.65mg/ml) and thiol content (58.09µg/ml) which influence growth and yield (1.02 fold) of moong beans (Vigna radiata) plant in pot trials and as well as successfully scale up in field trials by the farmers. This liquid fertilizer not only makes plant healthy and has drought tolerance (proline content- 0.023mg/g) capacity but also increases the grain quality by spraying the fertilizer on foliage with a ratio of 2:1 (Water: Feather hydrolysate) for two times (before the 1st flash and 2nd flash of flowering). Fermented feather hydrolysate is used full as a foliage fertilizer for the cultivation of moong beans. Some commercial properties and its eco-friendly, cost-effectiveness will make it a smart liquid fertilizer in near future. The online version contains supplementary material available at 10.1007/s12649-022-01982-9.

Chinese and Indian economic relations and development assistance to Zimbabwe: Rationale, controversies and significance

AbstractRecent economic relations including foreign assistance scenario in Africa show expansion of China and India as emerging bilateral partners, competing with traditional countries in Europe and North America. The results of this paper found that the relationship of China and India with Zimbabwe has resulted in several challenges including increasing resource‐backed debt burden, exploitation of the natural resources, and flouting of constitutional, environmental, and labor provisions. The paper recommends that the Zimbabwean government must demand loans and investments that are contracted under clear terms and conditions, with parliamentary oversight and public scrutiny to avoid abuse by the elites.

Irrigation and the spatial pattern of local economic development in India

We study the long-term impact of large-scale irrigation infrastructure on the composition of local economic activity in India. Our analysis uses high-resolution spatial data covering approximately 150,000 villages and towns and exploits spatial discontinuities in the coverage of irrigation projects. Irrigation increases agricultural output, wealth, and population density in rural villages. However, in towns it reduces population and nightlight density, the size of the non-agricultural sector, and large-firm activity. These results highlight the heterogeneous impacts that agricultural productivity gains can have on the patterns local economic development.

Social Inclusion through Affirmative Action Programs under Corporate Social Responsibility: A Case Study of TATA Steel Limited

The Indian economy is benefitted through the huge working age demographic dividend of India but this group of population also became the prime responsibility area for the Indian Government. Indian development is also subjected to criticism for widening the inequalities range. It has been said that to bring long term change in reducing inequality a country must worked upon its employment structure. For reducing the inequality many steps have been taken Indian government in order to boost up the social inclusion scenario. The Indian economy system is incomplete without its private sector and change in employment structure cannot be achieved without the help of the private sector companies. The private sector companies have also taken responsibility and working through affirmative actions in order to strengthen social cohesion and to bring social equity and economic development in India. Many Indian private sector companies have been working on special programmes focused on Scheduled Castes and Scheduled Tribes Communities youths skill development and entrepreneurship development through their Corporate Social Responsibility (CSR) programmes. This article is developed on the basis of secondary data sources and taken the case of TATA Steel Affirmative Action (AA) Policy and their CSR projects to show some of the best practices in India and its impact on social inclusion of the target groups on the chosen four heads of Employment, Employability, Entrepreneurship and Education under the affirmative action programme of TATA Steel. Although there is an increasing trend for the number of beneficiaries belonging to the Scheduled Caste (SC) and Scheduled Tribe (ST) community in TATA Steel CSR projects but their share in the workforce of TATA Steel is still not even one percent increase per year in last five financial year.

Risk & return analysis of oil and gas sector of India: A study of BSE indices

The Oil and Gas industry of India is growing rapidly and playing an important role for the development of Indian economy. The sector meets more than two third of the total primary energy needs of the country. The Oil & Gas Sector has been actively involved in putting India on the world map. The oil and gas industry has rebounded strongly throughout 2021, with oil prices reaching their highest levels in six years. While the industry’s recovery is better than expected, uncertainty remains over market dynamics in the coming year. The development of the Indian economy is greatly aided by the stock markets. In comparison to other industries, the Oil and Gas sector accounts for a significant portion of the Indian stock market. This study examines the risk-return relationship between the BSE Sensex and stocks in the oil and gas sector from 01st April 2017 to 31st March 2022. The present study has been conducted by taking return variables i.e. annual mean return, minimum and maximum. The standard deviation, variance and coefficient of variance were used as the measures of risk factors. This study investigates the correlation between risk and return of the BSE Sensex and Oil and Gas Sector stocks of BSE 30 i.e. Indian Oil Corporation, ONGC, Oil India Corporation Limited, Hindustan Petroleum Corporation Limited and Gas Authority of India Limited. The study is based on secondary data and the analysis was done for testing the presence or absence of risk and return of Oil and Gas Sector and for testing hypothesis, different statistical methods like correlation, regression, descriptive statistics and t-test have been employed.

IMPLICATIONS OF BANKS ON ECONOMIC DEVELOPMENT IN INDIA

IMPLICATIONS OF BANKS ON ECONOMIC DEVELOPMENT IN INDIA

ROLE OF WOMEN IN SOCIO-ECONOMIC DEVELOPMENT OF NATION

India has experienced rapid growth and development in recent years the contributors are various behind overall development of a particular country.And women now play major role in socio economic development of India,not only household but the job responsibilities also fulfill by our women very effectively .As compare the men women contributes equal contribution to nation building,by doing various job in every sector women define their duties due to rapid industrialization, gender equality, education of women is the key points behind women empowerment. Women can also contribute to the social welfare of the country. Women friendly policies and laws will be framed as a result of this. This can change the way the world. There are number of women entrepreneurs in India who stand in the row of successful women industrialisties.

Impact of Growth and Development of Industrial Sector on the Economic Development of India

The industrial sector play's a significant role in boosting the overall economic growth of an economy. The small and medium scale industries set-up by the entrepreneurs in different states and Union Territories of India have contributed to the increased shares in the overall production, fixed investment, exports, employment and capacity utilization of SME's Units etc. The importance of industrial sector in providing large-scale employment is of paramount importance. The policy framework right from the First Plan has highlighted the need for the development of industrial sector keeping in view its strategic importance in the overall economic development of India. In this paper, the overall growth and performance of industrial sector has been examined in depth on the basis of the different parameters such as annual growth rates of industrial production, net capital stock in industry, industrial investment, highlights of some industries (automobiles, textiles, steel, cement, tourism, electronics&computer technology), so as to determine its impact on the overall economic development of India.

The exploring research of foreign direct investment on the economic development in India -evidence from ADF- ARDL

Foreign direct investment (FDI) inflows are regularly seen as an important catalyst for economic growth in developing countries. The study objectives are to analyze the current status of Foreign Direct Investment and Economic Development in India and to determine the impact of Foreign Direct Investment and Macro Economic Factors. The study has been used data from 2000-01 to 2018-19 by using Augmented Dickey-Fuller (ADF) and Auto-Regressive Distributive Lag (ARDL) the results have been estimated. The study results indicate the positives relationship can be a result of sufficient foreign direct investment invest in India's economy which has been able to exert sufficient consequence to make it develop the economy.

Risk – return evaluation of selected pharma stocks trading in nse

The main objective of this paper is to find the performance of selected equity stocks of Pharma industry on a long term basis.This paper includes different tools for evaluating the performance of the selected Pharma stocks. Some of the tools like standard deviation, Beta and Average returns are mainly used to calculate the risk and return of selected Pharma stocks in this study. The Pharma Sector occupies a position of importance in the Indian Economy. Stock markets play a predominant role in the up-liftment of the Indian Economy financially. Stock markets plays crucial role in the economic development of an investor. Indian financial markets also play a crucial role for the economic well being of the nation. Since secondary market is a part of financial market, it has major percent of share of contribution in the development of Indian Economy. In the present paper we are trying to evaluate the long term performance of Pharma industry with the help of evaluation of selected Pharma stocks. This evaluation is done on the basis of some statistical tools. The time period for evaluation is 5 years.

Indian Startup Ecosystem – Challenges and Opportunities

India is a growing market for entrepreneurs and businesses. The startup ecosystem in India has become a global topic of discussion. The business world has seen an explosion of ground-breaking startups giving solutions to genuine problems at a mass level in recent years, thanks to hundreds of bright young people deciding to pursue startups instead of joining multinational businesses and government enterprises. Young entrepreneurs starting tiny enterprises would undoubtedly help the Indian economy in the near future. Indigenous companies will not only make people's lives easier through their economical and convenient services, but they will also work as a vital booster for the Indian economy's development and prosperity. If you're just starting out in business, be prepared for both problems and possibilities that will arise. Entrepreneurs and startups cannot create a large business without overcoming these hurdles. This paper discusses the challenges and opportunities of startup system in India.