Financial Facilities Research Articles

Role Of Self Help Group In Building The Women Entrepreneurship: A Case Study Of ADARSHA

Self Help Group are the association of people who are economically weaker sections of society. Mutual trust, consensus , joint responsibilities, group decision making are the major principles of the Self Help Group.SHG provides the shared value and shared experiences and group have a positive influence in initiating entrepreneurial activities. Self Help Group is instrumental in developing the saving economy , where each members of SHG saves money ,they link themselves with bank through opening saving accounts and avail financial facilities for start up of micro enterprises.SHG also identifies the entrepreneurial avenues and motivate their members in investing in those ventures. Development of human capital, social and economic development is possible through the Self Help Groups. Women with small amount of money and traditional technology can start micro enterprises and these small enterprises can bring the opportunities and life of women in rural areas can be improved. This paper discuss the role of Self Help Group in building confidence and creating values in the society. A case study of ADARSHA a NGO of Moodbidri of Karnataka included, this NGO is taken the initiative in bring the rural women into main stream, through building confidence and providing training.

Access to Credit and Farm Efficiency in Cameroon: A Data Envelopment Analysis Approach

The aims of this paper is to analyze the effect of access to credit on the technical efficiency of farms in Cameroon’s rural area. Using a sample of 545 farm households, we first estimate a Data Envelopment Analysis (DEA) model with constant returns to scale; then a censored TOBIT model enabling us to identify factors of efficiency, especially the effect of access to credit on efficiency. Two main results emerge from our analysis. First, we find that on average, the level of technical efficiency of farms is 56.78%; showing therefore the possibility of substantial efficiency gains. Second, farm size, association membership, and fertilizer expenditure negatively affect technical efficiency, while access to credit, age and education increase it. Based on these results, we believe that it’s interesting for farm householders to organize themselves in associations to benefit from available credits and financial facilities and to share their experiences in the agricultural field in order to improve their efficiency.

A Neural Computing-based Cash Price Prediction Using Multi-layer Perceptron (MLP) and Feature Selection for Health Economics

Background: The present study proceeds to incorporate feature selection as a means for selecting the most relevant features affecting the prediction of cash prices in Iran in terms of health economics. Health economics is an academic field that aids in ameliorating health conditions so as to make better decisions in regard to the economy such as determining cash prices. Methods: Accordingly, a series of search algorithms, namely the Best-First, Greedy-Stepwise, and Ranker methods, are deployed in order to extract the most relevant features from among 500 data samples. The validity of the methods was evaluated via the LMT procedure. The corresponding dataset used for this study constitutes a variety of features including net cash flow, dividends, revenue from short and long-term deposits, cash flow from investment returns, income tax, fixed asset purchases, fixed asset sales, long-term investment purchases, long-term investment sales, total cash flow from investment activities, financial facilities, and repayment of financial facilities. Results: The results were indicative of the superiority of the Ranker model using the RelieFAttribute- Eval tool in Weka over the remaining classification methods. Ergo, the LMT approach could be employed to remove data redundancies and accelerate the estimation process, while saving time and money. The results of the multi-layer perceptron (MLP) further confirmed the high accuracy of the proposed method in estimating cash prices. Conclusions: The present research attempted to reduce the volume of data required for predicting end cash by means of employing a feature selection so as to save both precious money and time.

EFEKTIVITAS PENGELOLAAN SAMPAH DALAM MEWUJUDKAN KOTA SEMARANG BERSIH (Studi Kasus : Pengelolaan Sampah di TPA Jatibarang)

Semarang City is a densely populated city with a fairly high mobility. The large number of residents, both natives and immigrants, causes many changes, one of which is the production of waste. Effective waste management is absolutely necessary so that the waste produced can be managed properly. With effective management, it is hoped that Semarang will become a clean city. This problem received a response from the government through the Environmental Service so that it was followed up. One of them is waste management at the Jatibarang TPA. This study uses the theory of effectiveness from several experts and uses the reference to the effectiveness criteria proposed by Gibson. This study uses a qualitative descriptive method conducted through interviews and also documentation. The results of the study indicate that the waste processing at the Jatibarang TPA is quite effective. Adjustment of needs with waste management innovations that are continuously improved so that problems can be resolved. The main obstacle felt was regarding funding for several facilities and infrastructure, the overwhelming need with the funds provided was felt to have not been fulfilled. The advice given is to increase public awareness to reduce waste generation so that waste can be controlled and the burden of the landfill will be reduced.

DIMINISHING MUSHARAKAHIN ISLAMIC BANKS: AN ANALYSIS BASED ON HOME FINANCING

Islamic Banking is one of the fastest growing banking systems in the modern world. It has also achieved significant growth in the Pakistani banking sector in the recent decades. Diminishing Musharakah (DM) is an Islamic mode of finance which not only provides home financing facilities to the customers but also provides other long term financing transaction such as machinery and equipment financing in Islamic banks. In September 2020, DM has the largest share in the Islamic banking financing in Pakistan at 34.5 percent. Considering the widespread acceptance of DM, this paper discusses the shariah structure of DM and its use as a home finance product, specifically its variants, in Islamic Banking Institutions. This paper also clarifies the issues which create confusions in the minds of the common public about Islamic banking products, emphasizing the importance of this product for Islamic Banking Institutions

Financial Inclusion Support and Performance of Livelihood Project in Rwanda: A Case of Street Vendors' Project in Gasabo District

This paper aims at examining the influence of financial inclusion support on performance of livelihood project among street vendors. Data for this study was collected from livelihood projects in Kigali City; Rwanda. The paper tested the hypothesis that there is significant influence of financial inclusion support on performance of livelihood project among street vendors. This study used correlation research design in order to evaluate the influence of project financial inclusion support on performance of livelihood project in Gasabo district; Rwanda. The population of this research were 200 people including street vendors and head of departments as well as managers of financial institutions; while sample size were 134 respondents that was obtained by using Slovin’s formula. Questionaires and guided interview were used as data collection instruments where descriptive statistics was used for quantitative data analysis through the software of statistical package for the social sciences(SPSS) version 21;qualitative data were analysed by using thematic method ; Karl Pearson product moment correlation coefficient was used to establish relationship between variables while regression analysis was used to check the influence of project financial inclusion support to performance of livelihood project at 16.9 percent of R -square. Cronbach's alpha coefficient of 77 percent showed that the instruments were reliable while the validity was established by peer discussion with experts. This study will be significant to head departments, financial inclusion managers, street vendors and MINECOFINE. The findings on the first objective showed that table banking and saving account are considered as capacity building as it was confirmed by 55.5 percent of street vendors that they save money after selling. The findings on the second objective showed that 91.8 percent of the street vendors agreed that they use cashless payment .The findings on the third objective showed that entrepreneurial activities support; monitoring and evaluation influence livelihood project performance , it was also shown that there is significant low degree of positive correlation of 0.402 between capital support and improvement of street vendors' quality and that every increase on us of start-up capital leads to livelihood performance increase somewhere between 7.7 percent and 36.1 percent. It was concluded that effective implementation of project financial inclusion support leads to positive performance of livelihood project. The study recommends that national budget planners and intervening people should provide financial facilities and make effective set up that should enhance performance of livelihood project. The researcher suggests that further research can be done to examine the influence of financial inclusion support on development of livelihood project among street vendors in Rwanda so as to come up with comparative analysis.

Microfinance Banks, Small and Medium Scale Enterprises and COVID-19 Pandemic in Nigeria

Corona virus otherwise known as COVID-19 has left indelible marks on both human beings and businesses globally. When the virus emerged in Wuhan, China in late 2019, it was viewed as China`s problem. Nobody ever envisioned that the novel virus could spread and result into global pandemic within few months. Meanwhile, the aftermath effects of COVID-19 on various socio-economic activities might not be different from global financial crisis of 2008, which left no economy unaffected. Against this backdrop this study was carried out with a view to investigating the impact of microfinance credit on entrepreneurship development amidst COVID-19 pandemic using some selected small and medium enterprises engaging in essentials such as food and consumables, oil and gas and pharmaceuticals in Sango-Ota industrial estate of Ogun state, Nigeria. Primary data were collected with the aid of well-structured set of questionnaire from 100 SMEs which was done purposively. After subjecting the collected data to a rigorous analysis, it was discovered that over 90% of enterprises under investigation used microfinance credit for their businesses during COVID-19 pandemic. Similarly, the study submitted that micro credit increased the stock of goods of the selected and at same time orchestrated a moderate rise in profit for the majority of the SMEs selected for the survey. Consequently, the important findings that originated from this study brought the following recommendations for the policy makers, financial institution and all the stakeholders engaging in SMEs in Nigeria that credit from micro finance has the capacity to facilitate the development of entrepreneurship through expansion of outputs and profitability of SMEs in Nigeria. And as such, the policymakers in Nigeria should create an enabling environment that will facilitate microfinance institution to provide better credit and other financial facilities to SMEs in the country.

Constraint’s Analysis of Sugarcane Cultivation in Sant Kabir Nagar District

The study was conducted using multistage stratified, purposive cum random sampling procedure and hundred respondents were selected from a block of district. Primary data was collected through personal interview technique and required secondary information for the reference was taken from the records available at district and block offices. Simple tabular, functional analysis using Garrett ranking method was used to cook the inferences. As per the results found and seen from the analysis, lack of technical knowledge was found as the first rank followed by labor constraints in peak time at the second position. Seeds unavailability at the third rank and irrigation facility and unavailability of finance facility were found at fourth and fifth ranks respectively. Rest all problems were found afterwards.

The Impact of Shariah Board on the Performance of Islamic Banks and the Relevance of Shariah Committee (BNM) New Ruling on the Restructuring of Islamic Financing Facility during the Pandemic Crisis

This study examines the impact of Shariah Board (SB) characteristics on the financial and social performance of Islamic banks (IBs) from the perspectives of Agency Theory (AT), Stewardship Theory (ST) and the Resource Dependence Theory (RDT). To meet its objective, GMM is employed on a panel data of 15 IBs in Malaysia from 2010 to 2018 covering the pre and post implementation of IFSA 2013 with three performance measurements; ROA and ROE (financial performance) and Zakat over Equity (social performance). SB education, SB reputation, and SB expertise are positively related to IBs performance; while SB remuneration and SB cross membership are negatively related to performance. SB size is found to be insignificant. The study therefore concludes SB is relevant to the performance of IBs. The study also discusses the response of SB at the central bank (SAC-BNM) via its new ruling on financing restructuring in alleviating the hardship of IBs’ customers during the pandemic crisis.

The Role of Cooperative Societies in Advancing Small and Medium Scale Enterprises in Osun State, Nigeria

Due to dwindling economic situation most especially in developing countries, people have resulted into self-help through cooperative societies to raise funds for starting small and medium enterprises (SMEs). It was on this premise that the study critically examined the activities of cooperative societies in Osun state in furthering SMEs advancement. The study adopted qualitative research method through in-depth exploratory design to explain ‘what’ and ‘how’ rather than mere prediction. A comparative multiple case study was used as it closely links empirical observations with existing theories to explore the effect of cooperative societies on enterprise creation and expansion and its impact on the advancement of SMEs in Osun State, Nigeria. Four cooperatives were selected and studied. Findings affirmed the significant role played by cooperative societies in advancing SMEs in Osun State. The study concludes that cooperative societies intervention in providing micro loans to members for investment purpose in the area of enterprise formation and expansion is encouraging and should be sustained to improve the prosperity of individuals in Osun State. It was recommended that the promoters of cooperative societies in the State and Nigeria must sustain and increase efforts towards advancing SMEs through the provision of financial facilities to members. Keywords: Cooperative society, Small and Medium Enterprises, Osun State

The Importance of Dairy Farming for Landless Households in Punjab

The study was undertaken to find the importance of dairy farming for landless households in rural Punjab. The primary data were collected from the 126 landless households from the two selected districts of Punjab, i.e., Ludhiana and Bathinda, for the year 2017- 18. The study concluded that the majority of the population belonged to the working-age group and more than one-fourth of the population was illiterate. About 59 percent were milch animals out of the total animal, and buffaloes proved to be the most important livestock among the milch animals. The net returns based on per litre of milk production were found to be ? 1.34 for buffalo and ? 0.93 for cow milk production, respectively. In the case of buffalo's and cow's milk production, the variable cost was the major component. Dairying, on average, employed 208 man-days per annum and contributed about 14 percent share in the total income of these households. Inadequate sheds for animals, non-availability of land for fodder cultivation, high cost of feed and fodder, exploitation by a middleman, lack of knowledge about scientific feeding practices were the major constraints for all the sampled households. Dairying could be an important source for providing employment opportunities and supplementing the income of the landless households if the government assured them of the utilization of the village's common land, adequate financial assistance, extension services, and basic infrastructure facilities.

Interrogating Climate Adaptation Financing in Zimbabwe: Proposed Direction

Reducing vulnerability to climate change and enhancing the long-term coping capacities of rural or urban settlements to negative climate change impacts have become urgent issues in developing countries. Developing countries do not have the means to cope with climate hazards and their economies are highly dependent on climate-sensitive sectors such as agriculture, water, and coastal zones. Like most countries in Southern Africa, Zimbabwe suffers from climate-induced disasters. Therefore, this study maps critical aspects required for setting up a strong financial foundation for sustainable climate adaptation in Zimbabwe. It discusses the frameworks required for sustainable climate adaptation finance and suggests the direction for success in leveraging global climate financing towards building a low-carbon and climate-resilient Zimbabwe. The study involved a document review and analysis and stakeholder consultation methodological approach. The findings revealed that Zimbabwe has been significantly dependent on global finance mechanisms to mitigate the effects of climate change as its domestic finance mechanisms have not been fully explored. Results revealed the importance of partnership models between the state, individuals, civil society organisations, and agencies. Local financing institutions such as the Infrastructure Development Bank of Zimbabwe (IDBZ) have been set up. This operates a Climate Finance Facility (GFF), providing a domestic financial resource base. A climate change bill is also under formulation through government efforts. However, numerous barriers limit the adoption of adaptation practices, services, and technologies at the scale required. The absence of finance increases the vulnerability of local settlements (rural or urban) to extreme weather events leading to loss of life and property and compromised adaptive capacity. Therefore, the study recommends an adaptation financing framework aligned to different sectoral policies that can leverage diverse opportunities such as blended climate financing. The framework must foster synergies for improved impact and implementation of climate change adaptation initiatives for the country.

Effect Of Government’s Policy to Build 1 Million Houses on Performance of Housing and Apartment Credits of Banks Listed in Indonesia Stock Exchange during Period 2015-2017

Through the Directorate General of Housing Financing, the Ministry of Public Works and Public Housing estimates that by 2025 the number of housing needs in Indonesia will reach 30 million units based on calculating housing needs (backlog) of population growth. In 2015, the Government Program's number of achievements for the Construction of One Million Houses was around 700 thousand units. In 2016, it reached 805,169 housing units, and in 2017 onwards, it is expected to reach the target of 1 million houses per year. The main problem in a housing development or the property sector is land availability and various communities' purchasing power. The government policy related to the construction of 1 million houses coupled with easy licensing of the land sector and provision of subsidies such as the liquid housing finance facility (FLPP) has stimulated the banking sector and other financial institutions to finance the property sector. The residential segment, namely apartments and housing, is the most significant contributor to the national property capitalization value, reaching 55.8%. The growth rate of the capitalization value of the residential sector reached 16.5%, from Rp. 152.7 trillion to Rp. 177.9 trillion in 2017. Focusing on KPR and KPA during the 2015-2017 period at banks listed on the Stock Exchange Indonesia.

Commodity Murabahah Home Financing in Malaysia in the Case of Abandoned Housing Projects: A Shariah Analysis on Its Operation


 
 
 Commodity murabahah has received extensive exposure since the Islamic financial industry shifted from bay’ bithaman ajil for its banking and financial products. The muamalat based contract which is innovated from the classical tawarruq with certain modifications has proliferated in many of the retail products in Malaysia including home financing. This paper analyses the financing facility offered to Malaysian homebuyers to investigate the extent of safeguards present in the facility when there are project abandonments. The operation of commodity murabahah as practiced in Malaysia for houses under construction are discussed and analysed with respect to their operations to know whether they conform both in form and substance. The analysis is done via library research while semi-structured interviews on operation of the facilities are done with experts in the field. The study finds that the commodity murabahah facility catered lacks the necessary safeguards for customers of Islamic banks. This can further aggravate the situation of homebuyers who have no proper recourse when their under constructed houses are left abandoned by developers. The paper calls for a more Shariah based oriented facility for houses under construction which is close to its muamalat nature in order for the rights and obligations of parties involved in home financing be inherent. 
 
 

Are rhetorical commitments to adolescents reflected in planning documents? An exploratory content analysis of adolescent sexual and reproductive health in Global Financing Facility country plans

BackgroundThe Global Financing Facility (GFF) offers an opportunity to close the financing gap that holds back gains in women, children’s and adolescent health. However, very little work exists examining GFF practice, particularly for adolescent health. As momentum builds for the GFF, we examine initial GFF planning documents to inform future national and multi-lateral efforts to advance adolescent sexual and reproductive health.MethodsWe undertook a content analysis of the first 11 GFF Investment Cases and Project Appraisal Documents available on the GFF website. The countries involved include Bangladesh, Cameroon, Democratic Republic of Congo, Ethiopia, Guatemala, Kenya, Liberia, Mozambique, Nigeria, Tanzania and Uganda.ResultsWhile several country documents signal understanding and investment in adolescents as a strategic area, this is not consistent across all countries, nor between Investment Cases and Project Appraisal Documents. In both types of documents commitments weaken as one moves from programming content to indicators to investment. Important contributions include how teenage pregnancy is a universal concern, how adolescent and youth friendly health services and school-based programs are supported in several country documents, how gender is noted as a key social determinant critical for mainstreaming across the health system, alongside the importance of multi-sectoral collaboration, and the acknowledgement of adolescent rights. Weaknesses include the lack of comprehensive analysis of adolescent health needs, inconsistent investments in adolescent friendly health services and school based programs, missed opportunities in not supporting multi-component and multi-level initiatives to change gender norms involving adolescent boys in addition to adolescent girls, and neglect of governance approaches to broker effective multi-sectoral collaboration, community engagement and adolescent involvement.ConclusionThere are important examples of how the GFF supports adolescents and their sexual and reproductive health. However, more can be done. While building on service delivery approaches more consistently, it must also fund initiatives that address the main social and systems drivers of adolescent health. This requires capacity building for the technical aspects of adolescent health, but also engaging politically to ensure that the right actors are convened to prioritize adolescent health in country plans and to ensure accountability in the GFF process itself.

Factors affecting interactions between different key actors in improved rice varieties innovation system in the Eastern Zone of Tanzania

This study examines factors affecting the interactions between different key actors in the innovation system of improved rice varieties in the Eastern Zone of Tanzania. A parallel mixed design was used to collect the data from a sample of 340 randomly selected rice farming households and 34 purposively selected key informants from actor groups involved in rice innovations. Information was collected using structured and semi-structured interviews, focus group discussions, and documentary review. Factors affecting interactions between farmers and other key actors were analyzed using a binary logistic model and chi-square test, meanwhile, content analysis was used to analyze the qualitative data. The findings show that household income, farming systems, leadership, innovation platforms, coordination bodies, trust, human and financial resources, ICT facilities, and transportation means were the factors that affected interactions between different actors in the system. Equally, limited financial resources were reported to have affected every actor group’s ability to interact in the system, thus significantly constraining the implementation of linkage activities designed to facilitate actors’ interactions along the improved rice varieties value chain. This study speaks to policymakers on formulating strategies for financial resource mobilization that will strengthen availability and accessibility of finance by actors and enable the implementation of linkage activities (e.g., innovation platform establishment, enhancement of ICT facilities, and improvement of transport means, among others) which, in turn, will strengthen actors’ interactions in the system and improve rice production.

Production and sociocultural activities of the Belarusian society of the Deaf (2011–2015)

The article reflects the socio-cultural and industrial activities of the public association “Belarusian Society of the Deaf” (“BelOG”) in 2011–2015. This article, the material of which is based on the sources of the current archive of the Central Board of the Belarusian Society of the Deaf and others, introduced into scientific circulation for the first time, will fill the gap in historical science, given that this period of the association’s activity is not reflected in historiography, there is only episodic information about the Belarusian Society of the Deaf at the specified time. Despite the difficult economic situation in the manufacturing sector of “BelOG”, caused by the consequences of the financial crisis in the Republic of Belarus (2009), partial financing of socio-cultural events and facilities continued. However, at the same time, this period was full of significant achievements in solving the problems of the linguistic rights of the hearing impaired, the development of studies of the Belarusian Sign Language, culture, sports and the historical heritage of the Belarusian Society of the Deaf.

The Roaring Twenties after Covid-19: revisiting the evidence for Europe

Inspired by conspicuous historical parallels, some scholars and journalists have recently postulated that GDP growth and productivity might boom in the aftermath of the Covid-19 pandemic. This paper reviews the evidence for and against the ‘Roaring 20s’ hypothesis, concluding that some countries might experience a forceful economic expansion, possibly fuelled by pent-up demand, compounding a successful digital and green transition, or leveraging an export-led model. However, a strong prolonged economic bonanza is unlikely to materialise evenly across the EU. An uneven recovery would acquiesce imbalances within the Union, and especially the euro area. As such, policymakers should avoid complacency, and make the most of the Recovery and Resilience Facility funds, combining them with wide-reaching structural reforms, to improve economic prospects for the decade to come.

EVALUASI PROGRAM KERJASAMA KOMPETENSI KEAHLIAN TEKNIK SEPEDA MOTOR DENGAN HONDA DI SMK MUHAMMADIYAH 1 SURAKARTA DENGAN MENGGUNAKAN MODEL CIPP

<em><span style="font-size: 11.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-ansi-language: IN; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;" lang="IN">The purpose of this study is determine the collaboration of motorcycle engineering expertise competencies with Honda viewed from (1) aspects of the context which include; (a) the background of the cooperation program, (b) purpose, (c) objectives, and (d) relevance; (2) input aspects which include (a) curriculum, (b) HR, (c) financing, (d) facilities and infrastructure, (e) competency evaluation; (3) aspects of the process that includes; (a) learning programs,(b) apprenticeship, (c) teacher training, and (d) problems in the field; (4) product aspects which include; (a) opportunity to enter the workforce, (b) graduate competencies, (c) conformity to expectations.This study was used a evaluation method of the CIPP model (Context, Input, Process, and Product). The data sources came from 9 graduate of the TSM Honda Department students, the Head of the TSM Honda Department Program, the Head of the BKK, the TSM-Honda program development coordinator, and 13 Heads of AHASS workshops. The validation of the questionnaire items was used logical validity. The data analysis technique was uses description supported by the average analysis based on the assesment criteria.The results show that: (1) aspects of the context which consisted of four indicators, namely the background of the TSM-Honda program collaboration, purpose, objectives and relevance of the program had all been in conformity and there had been an MOU between the school and Honda. (2) input aspects have been carried out in accordance with agreed procedures; (a) the process of making curriculum involves both parties, (b) preparation of human resources for training, (c) financing of facilities and infrastructure and (d) preparation of facilities and infrastructure conducted by schools, and (e) evaluating student competencies. (3) aspects of the process have been carried out by each party well and in accordance with procedures. Which consists of (a) practice-based learning programs, (b) apprenticeship students in AHASS workshops, (c) teacher training and certification and (d) field problem can be solve. (4) aspects of the product consist of (a) opportunitiy to enter the workforce still needs to be improved (b) the application of competence is 72% and job satisfaction which reaches 77.8% </span></em><em><span style="font-size: 11.0pt; line-height: 107%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-ansi-language: IN; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;" lang="IN">shows a good scale. (c) graduated satisfaction after studying at TSM Honda shows a good scale at 80%.</span></em><pre style="margin-top: 0cm; margin-right: 26.85pt; margin-bottom: .0001pt; margin-left: 36.0pt; text-align: justify;"><em><span style="font-size: 11.0pt; font-family: 'Times New Roman',serif;" lang="IN">The purpose of this study is determine the collaboration of motorcycle engineering expertise competencies with Honda viewed from (1) aspects of the context which include; (a) the background of the cooperation program, (b) purpose, (c) objectives, and (d) relevance; (2) input aspects which include (a) curriculum, (b) HR, (c) financing, (d) facilities and infrastructure, (e) competency evaluation; (3) aspects of the process that includes; (a) learning programs,(b) apprenticeship, (c) teacher training, and (d) problems in the field; (4) product aspects which include; (a) opportunity to enter the workforce, (b) graduate competencies, (c) conformity to expectations.This study was used a evaluation method of the CIPP model (Context, Input, Process, and Product). The data sources came from 9 graduate of the TSM Honda Department students, the Head of the TSM Honda Department Program, the Head of the BKK, the TSM-Honda program development coordinator, and 13 Heads of AHASS workshops. The validation of the questionnaire items was used logical validity. The data analysis technique was uses description supported by the average analysis based on the assesment criteria.The results show that: (1) aspects of the context which consisted of four indicators, namely the background of the TSM-Honda program collaboration, purpose, objectives and relevance of the program had all been in conformity and there had been an MOU between the school and Honda. (2) input aspects have been carried out in accordance with agreed procedures; (a) the process of making curriculum involves both parties, (b) preparation of human resources for training, (c) financing of facilities and infrastructure and (d) preparation of facilities and infrastructure conducted by schools, and (e) evaluating student competencies. (3) aspects of the process have been carried out by each party well and in accordance with procedures. Which consists of (a) practice-based learning programs, (b) apprenticeship students in AHASS workshops, (c) teacher training and certification and (d) field problem can be solve. (4) aspects of the product consist of (a) opportunitiy to enter the workforce still needs to be improved (b) the application of competence is 72% and job satisfaction which reaches 77.8% shows a good scale. (c) graduated satisfaction after studying at TSM Honda shows a good scale at 80%.</span></em></pre>

ОЦЕНКА СБАЛАНСИРОВАННОСТИ БЮДЖЕТНОЙ СИСТЕМЫ НА СУБФЕДЕРАЛЬНОМ УРОВНЕ В РОССИЙСКОЙ ФЕДЕРАЦИИ

The assessment of financial support for regional budgets during the economic crisis caused by the pandemic has been carried out. A comparative analysis of income and expenditure of the budgets of the consolidated constituent entities of the Russian Federation in 2020 and the planning period 2021–2013 has been carried out. with indicators of 2019. Thus, the expenses of the consolidated budgets of the constituent entities of the Russian Federation increased by 14.8% (by 11.0% in real terms). The problems and risks of the implementation of the existing model of budgetary federalism in the Russian Federation are identified. Approaches to solving the identified problems are proposed, which consist not only in the provision of tax benefits and preferences, direct subsidies, and compensations in various areas, but also financing of infrastructure facilities, housing and transport spheres, housing, and communal services, which will allow to remove restrictions on the infrastructural development of the constituent entities of the Russian Federation, to increase investment attractiveness and budgetary security.