Sectors Of Indian Economy Research Articles

Demonetisation and Indian Stock Market

Demonetisation of 500 and 1000 bank notes was announced by PM Modi on 8th Nov 2016. There were number of speculation relating to its effects on general public and different sectors of Indian economy. This paper studies the effect of demonetisation on stock prices of different sectoral indices and Nifty listed on NSE by using t test, f test and linear regression. The results revealed that Nifty, automobiles, FMCG, Financial service, media and banking and real estate were major sectors affected by demonetisation decision as they are based on cash transaction. The prices of indices of NSE were influenced by S and P 500 in medium term and long term which may be the effect of policy of US president Donald Trump who was elected as President of U.S. on 8th November 2016.

A study to measure the organisational integrity across different sectors

Organisational integrity can be defined as self-governing practices of an organisation based on some values and ethics. Organisational integrity always flows from top to bottom. The current study aims to measure the organisational integrity of 50 companies from ten different sectors of Indian economy using primary data. KPMG thermometer has been used to measure the organisational integrity for measuring eight dimensions of integrity namely; clarity, role modelling, enabling environment, support, transparency, enforcement, comfort to report misconduct and openness. Data has been collected from all over India from the employees of the surveyed companies. It was found from the study that organisational integrity is high in banking, and insurance companies while the integrity is low in IT and automobile companies.

A study to measure the organisational integrity across different sectors

Organisational integrity can be defined as self-governing practices of an organisation based on some values and ethics. Organisational integrity always flows from top to bottom. The current study aims to measure the organisational integrity of 50 companies from ten different sectors of Indian economy using primary data. KPMG thermometer has been used to measure the organisational integrity for measuring eight dimensions of integrity namely; clarity, role modelling, enabling environment, support, transparency, enforcement, comfort to report misconduct and openness. Data has been collected from all over India from the employees of the surveyed companies. It was found from the study that organisational integrity is high in banking, and insurance companies while the integrity is low in IT and automobile companies.

Impact of Unorganized Sector in Indian Economy

Agriculture is the backbone of Indian economy and it accounts for almost 14% of India's gross domestic product (GDP). Agriculture is an important sector, which determines growth and sustainability and plays a vital role in the development of India, with over 60 percent of the country's population deriving their subsistence from it. Most of the rural population in India depends on agricultural practices for employment and livelihood. Indian economy in agriculture has shown a steady growth in the last two decades. the economy is also experiencing regular changes in its demographics, lifestyle, and domestic consumption. the agriculture industry in India is growing at a great pace and is expected to grow many folds in the near future.

Understanding the sectors of Indian economy for portfolio choice

The objective of this work is to ascertain sectoral characteristics of stock market indices of India through time series decomposition. It is postulated that different sectors in an economy do not behave uniformly and sectors differ from each other in terms of their trend patterns, their seasonal characteristics and also their randomness. The R programming language is used for decomposing the time series of the sectoral indices as well as indices of stocks. Based on our approach, we also provide a framework of forecasting that can be applied on various sectors of an economy and also on individual stocks in the sectors. Results indicate that the behavioral patterns of stocks largely follow those exhibited by the respective sectors to which they belong. The forecasting methods are found to be robust and accurate in forecasting the pattern of index movements of the sectors and the individual stocks.

The State of Organic Farming in Indian Agriculture Sector

The agriculture sector occupies a paramount position in the economies of developing nations. It has always remained as one of the key sectors of Indian economy. Various measures adopted since independence and especially the launching of the Green Revolution in the 1960s have improved agriculture outlooks and transformed socio-economic dimensions of life in rural areas. A chief aspect of the Green Revolution is the use of chemical fertilisers and agrochemicals. Their considerable and imbalanced use has produced many harmful effects on human life and overall environment. Therefore, calls are being made from various quarters to adopt and practise organic farming. The global trend is towards a rise in organic farming and India is also a part of it. The government, public sector agencies, private companies, leading business organisations, voluntary agencies and civil society organisations are actively promoting the use of organic farming practices in the country, but organic farming sector is facing a large number of challenges.

Relation between Extent of Participation and Extent of Knowledge of Farm Women in Various Farms Practices

Agriculture is an important part of India's economy and at present it is among the top two farm producers in the word. This sector provides approximately present of the total number of jobs available in India and contributes around 13.5 percent to the GDP. Agriculture is the only means of living for almost two-thirds of the employed class in India. As being stated by the economic data of financial 2014-15, agriculture has acquired 13.5 percent of India's GDP. The agriculture sector of India has occupied almost 43 percent of India's geographical area agriculture play a vital role in the in the Indian economy over 70 percent of the rural house hold depend on agriculture. Agriculture is an important sector of Indian economy as it contributes about 60 percent job the population. the food grain protection has form 57 million tons (MT) in 1950-57 to268MT during 2013-14 highest ever since independence. In the years since its independence, India has made immense progress towards food security. Indian population has tripled, and food - grain production more than quadrupled. There has been a substantial increase in available food-grain per capita. Present study was carried out in two blocks of district Satna with 120 farm women. Eight farm practices were selected after the consultation with officials and farmwomen. Correlation coefficient was used to find out relation between extent of knowledge and extent of participation of the farmwomen with regard to the practices. It was found that there is a equal variables positive and negative, significance and non-significant relationship between participation and knowledge of the respondents.Int. J. Soc. Sc. Manage. Vol. 4, Issue-3: 198-201

The Role of the Service Sector in the Indian Economy

Service sector also recognized as tertiary or residual sector is indispensable for economic development in any economy including India. It has developed as the main and fastest-growing sector in the global economy in the last three decades. The present study makes an analysis of service sector in Indian economy. The paper also makes an analysis of Indian services sector through examining its growth and contributions in the economy. The paper also highlights reform measures that will enable the services sector to not only to grow at a fast pace but also create quality employment and attract investment. The study confirms that services sector has grown at the significant rate in comparison to other sectors. Its growth rate is found to be higher than growth of overall GDP. Rising share of this sector in GDP over covers the poor performance of agriculture sector. As a service, sub-sector, trade is dominant all in terms of its contribution in Indian GDP. The employment percentage in service sector as well as in industry sector is rising while in agriculture, it is falling continuously. A large proportion of Indian population is still engaged in agriculture sector and the next largest employer is service sector where trade, hotels & restaurants and community, social & personal services are the significant generator of employment. Thus, service sector which is dominant in terms of its growth & shares serves as an engine of growth for Indian economy. It is important for a developing country like India with a large and young population to generate quality employment and move up the value chain. India needs private investments in key infrastructure services such as transport, energy and telecommunications.

Goods and service tax (gst) in indian economy- an overview

The Indian economic system is well structured and insulated to withstand the upsand downs in the economic cycle. This helped the Indian economy to survive during therecent economic crisis around the world. Even the globally accepted economic giants werealso affected adversely during the crisis. The recently implemented Goods and Service Tax-GST system is expected to be another milestone in the Indian economy. The border ideabehind GST is ‗One nation One tax system‘. The fundamental intention behind GST is toavoid compound taxation system and to administer uniformity in the scattered tax system ofthe country. The implementation of GST will reduce the tax burden of manufacturers indifferent sectors which in turn will enhance the units of production. This process willimprove the total exports and the benefits of the same will be reflected in total GNP. Theavoidance of cascading effect in taxation will reduce the tax burden in different players insupply chain and a portion of the benefit is expected to be enjoyed by the end customer. Thispaper intends to reveal the impacts of GST in different sectors of Indian economy

Redefining the components of agribusiness

Agribusiness is a fast emerging industrial sector and becomes a most important sector of Indian economy due to boosting up the economy and taking care of global opportunities of trade. Nowadays, agriculture has achieved commercial importance and status is changed from subsistence to commercial farming, import oriented to export oriented, supply driven technology to demand driven technology due to agribusiness sector. Agribusiness is a complex and comprehensive system of industry chain, which is playing a vital role in Indian economy. Generally, Agribusiness is difficult to understand due to its elusive and complex nature while understanding the concept, system, structure, and components of agribusiness is essential to understand the whole agribusiness environment. Agribusiness is made of various sectors like input sector, production sector, processing sector and marketing service sector, in which the main value-added sector concentrated on the post-production sectors. The agribusiness is greatly expanding India's agricultural development and providing a possible choice for modernization of Indian agriculture. The present article is a systematic effort to introduce the structure and subsystem of agribusiness along with the different components of agribusiness system.

Impact of Macroeconomic Factors on Food Processing Sector of Indian Economy

The study tries to examine the macroeconomic variables of Indian economy and its impact on food processing sector of India. Many studies have supported the impact of macroeconomic variables on financial structure but less research has been done in the area of Food Processing Industry (FPI). FPI is one of the emerging sectors of Indian economy. To maintain its consistency investments are necessary. A proper mix of company's financial structure will help in attracting investments. Also the present study suggests economic variables of immediate concern for restructuring purposes. For establishing the relationship between financial structure and macroeconomic variables Regression Analysis has been used. Financial Structure of Top Ten food processing companies listed in Bombay Stock Exchange (BSE) is selected for the study. On the other hand growth rate, monetary policy, FDI, Inflation, Stock prices, Interest rate is considered as macroeconomic variables of India. The result indicates that there is a significant impact of macroeconomic variables on Equity Capital and Short term funds while insignificant impact on Reserves and long term funds.

Economic growth and impact of services sector in india

Service sector is the lifeline for the social economic growth of a country. It is today the largest and fastest growing sector globally contributing more to the global output and employing more people than any other sector. Services sectors have become more important in recent years as advances in technology have permitted new means of providing services across borders. The growth in output in the sector in recent times has mostly come from the rapid development of skill intensive services in the information technology and professional service segments, mostly oriented toward the external market. This study investigates to growth, contribution and development of services sector in Indian economy. Further this study discusses to economic policy and impact of services sector.

Rural Tourism : An Emerging Paradigm In Rural Entrepreneurship

Tourism has become a leading industry in the world and continues to grow rapidly, contributing essentially to economic growth and employment in many countries. Tourism as it looks today poses serious threats to the environment and considerable social and cultural challenges. Tourism can be an important contributor to the growth of an economy. Growth of tourism is a significant part of the global expression of new service economy. With the weakening of many other aspects of the economy, tourism is a new opportunity. India, though a late starter in tourism, is giving increasing priority to this sector. Tourism is one of the strategically important emerging sectors in Indian economy with tremendous potential to assist the process of sustainable rural development. Rural tourism has been a major concept under the new tourism paradigm wherein agro-based rural community and culture are treated to be the major components of the tourism market.

Green Entrepreneurship: The Emerging Paradigm for Sustainable Growth and Development in IndiaA Study of the Millennials

Objectives: This paper tries to study and understand the potential opportunities and challenges faced by green entrepreneurs in India. It attempts to provide directions and a viable solutions to prevent further ecological degradation through green entrepreneurship. Methods/ Statistical Analysis: The research, being, exploratory in nature, utilizes both primary and secondary data for the purpose. Primary data has been collected from millennial, student respondents, who are either graduates or pursuing their final year of post-graduation in management. A sample size of 130 students have been taken through random sampling method. Factor loading was employed and Analysis of Variance (ANOVA) and a hypothesis test along with a correlation coefficient between factors also helped the study to draw conclusions with regard to factors that prove to be motivational and also the key barriers to green entrepreneurship in India. Findings: The study reveals that in general, millennials possess high level of environmental awareness. However, a weak Correlation can be inferred between gender, age and environmental knowledge, beliefs and attitudes. Environmental concerns were measured on various issues and a standard factor analysis through weighted method indicated that high concerns significantly impacted the demand and supply of green products and several factors ranging from emerging opportunities, creative interventions, availability of technological alternatives were key motivational factors. Emergence of various sectors in Indian economy was found by the study as an emerging green driver to leverage existing resources, knowledge of green technology, a growing entrepreneurial climate. However, a factor analysis of the barriers to green entrepreneurship were found to be -the absence or limited knowledge of green technology and high investment costs , absence of funds to undertake risk in the sector along with inability to understand potential benefit accrued from green businesses is believed to be a serious discerning factor amongst the respondents. Application/ Improvements: Research is useful to understand the motivational factors as the study provides useful insights into consumer attitudes, beliefs and values which can be helpful to marketers and entrepreneurs to design their strategies.

An economic analysis of mulberry cultivation and cocoon production in non-traditional area

Sericulture is a farm based, labor intensive and economic activity supporting farm families and cottage and small scale sector. Being one of the important sector in Indian economy it checks poverty and migration. Sericulture involves a series of activities like mulberry cultivation, cocoon production, silk reeling and the products in different forms. Sericulture is not only limited to the few areas where it is been intensively practiced called traditional areas but also for non-traditional areas. This study aims to know the profitability of mulberry cultivation and cocoon production by using primary data collected from 120 farmers of North Karnataka, India. The cost of mulberry cultivation per acre worked out to be 12699.82/-for rearing 300 Disease Free Laying (DFL's) of which 77.95 per cent is composed of variable component mainly human labour and the rest is fixed component. The gross returns on selling of mulberry leaves and stalks amounts 9472.91/-. So it is not profitable to cultivate mulberry for selling leaves instead one could rear the silkworm by purchasing leaves, but availability of mulberry leaves during all times is not assured. The cost of rearing 100 DFL's is worked out to be 33738.84/-and returns amounts 38604.96/-with a marginal net returns of 4866.12/-. The lower net returns attributed to lower prices due to poor established markets in non-traditional areas and low productivity (cocoon yield per 100 DFL's) i.e. 59.02 kg compared to traditional areas i.e. 90.00 kg.

A Study on the Changing Trends in the Flow of FDI

Foreign Direct Investment (FDI) is considered as an engine of economic growth. Foreign investment was normally permitted only in high technology industries in priority areas and in export oriented areas. So the inflow of FDI before 1990’s was very low. During early 1990s India suffered from massive balance of payment and foreign exchange crisis, which led Indian Government to opt for liberalized economic policies in 1991. Globalization and liberalisation brings lots of new innovative products to the world, Foreign Direct Investment is the one among this, also there are number of different forms of FDI is available currently. Recently, Government of India allowed FDI in different sectors of Indian economy. Since the adoption of New Industrial Policy (NIP) and on-going reform process, (FDI) inflows have increased substantially. On this background, the paper analyses the sector wise and country wise inflows of FDI during the period 2009-2014. This paper begins by reviewing possible sources of FDI and then provides a comprehensive evaluation of the empirical evidence on sector wise FDI. This study is entirely based on secondary data. It also point out the sector-wise distribution of FDI inflow to know about which has concerned with the chief share. The present study is based on secondary data collected from different sources. The paper concludes that the Government should design the FDI policy in such a way where FDI inflows can be utilized as means of enhancing domestic production, savings and exports through the equitable distribution among states so that they can attract FDI inflows at their own level. As per the study, the sectors that attracted higher inflows were Communication services as per the CAGR and as per the share it is manufacture sector. The Luxernbourg was at highest FDI inflows as per the CAGR and as per the share it is from Mauritius.

Exploring Quality Management Practices and Its Pattern Analysis in Indian Service SMEs

Substantial research exists on quality management practices in context to large organisations with plethora of studies in manufacturing organisations while exiguously aiming service sector SMEs. As more and more organisations strive to remain competitive, the concepts and practices of quality management have received increased attention by Indian industry. The contribution of service sector in Indian economy has increased at a faster rate in comparison with other sectors. Considering the pressing need this research explores the literature for a near exhaustive list of practices in quality management by deploying qualitative and descriptive approach. Thereafter, twenty service organizations were surveyed for comprehending their adoption of the type of quality management practices. On the basis of their prioritization or apportioning weight to those practices, a descriptive pattern analysis has been deployed to detect perceived level of adoption/implementation of quality management practices. The findings represent that out of twenty one quality management practices; thirteen practices substantially have been ranked on priority while others require phenomenal acclimatization towards implementation in the Indian scenario. Analysis also reflects that the strength of service SMEs lies with customer focus, management leadership and customer feedback. Further with the integration of contextual factors, as supported by theory, a conceptual framework has been proposed exhibiting relationship between quality management practices with performance and growth. The methodological approach led to the emergence of unique dimensions culminating into new findings with both managerial and entrepreneurial implications. Directions for future scope of research and suggestions for improvement have also been recommended.

A Paper on Growth of Insurance Sector in Indian Economy

The paper is streamlined to dissect the life Insurance sector in India and its growth in Competitive environment. India has seen economic growth with significant developments in length and breadth over a few decades. Economic liberalization in Insurance plays a significant role in growth and development of the sector. By allowing the private Insurance service providers has allowed India to tap its economic potentials. This has reflective effect in raising standard of living amidst Indian population because Life insurance policy is a social security instrument. Since 1999, IRDA the regulatory body acts as a controlling body for Insurance players in the risk management, by allowing the healthy competition amid the Insurers. Life Insurance market has a retrospective effect, led to improving investment climate by increase in the private players and promoting efficient blend of activities in the sector by adapting to the innovation in distribution of policies.

Yuan Depreciation and Its Impact

It is long time debate that China's Yuan is overvalued and should be corrected. There is a little doubt about the one of the reasons for the devaluation of the Chinese currency, Yuan, to improve the pace of slowed growth rate of its economy by encouraging export market for Chinese market. China's Central Bank (Peoples’ Bank of China) use currency devaluation tool for the very same purpose. The export data 0f China is falling continuously during last one year, month-on-month. It has many impacts on the small economies in particular and world economy in general. This paper analyses the impact of Yuan devaluation on Indian economy and different industries and sectors of Indian economy. Indian export-export business and resulting the trade deficit of the economy is discussed hereafter.

Risk and Return on Investment in Auto and Banking Sectors of Indian Economy

The objective of the paper is to find out the historical risk and return on investment in Auto and Banking sectors of Indian Economy and help the investor to take investment decisions in these sectors. Two measures of risk are used. Standard Deviation of the monthly returns which is the measure of total risk and Beta which is the measure of systematic risk. Monthly Returns are measured with the help of Arithmetic Mean and Geometric Mean over the period of five years. Sectoral indices CNXAUTO, CNXBANK and CNXNIFTY are used to measure the risk and return on investment in these sectors. The study found that risk is higher in Banking Sector and returns are higher in Auto Sector, which is contrary to theory of higher the risk higher should be the returns on Investment. This study guides the investor to take investment decisions in Auto and Banking sector of the Indian Economy. Monthly data from January 2009 to December 2015 of CNXAUTO, CNXBANK and CNXNIFTY from National Stock Exchange's website is used in this study.