• Title/Summary/Keyword: Indian economy

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Offensive Outburst of Restrained Worker Discontent: A Case of Indian Industrial Relations

  • Babu, Vimal
    • Asia-Pacific Journal of Business
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    • v.3 no.2
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    • pp.1-7
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    • 2012
  • The purpose of this case study is to discuss the issues and challenges pertaining to industrial safety. The case study begins with the shocking incident of the brutal killing of top-executive of the company by agitated workers. Inspite of having conducive environment for business, Italian subsidiary Robusto Muro Ltd had to confront industrial Relations issues at an incredible and unprecedented level. Management perspective, workers viewpoint, competitors approach and diplomatic comments by political bigwigs have also been incorporated so that the students may have 3-dimensional understanding of the scenario. The case of such genre will facilitate the students to comprehend and discuss the employee-employer relationship and industrial safety, in particular and industrial relations and IR machinery, in general.

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Ecological and Geomorphic Fallout of Escalating River Mining Activities: A Review

  • Sk. Rakibul Islam;Rafi Uddin;Miftahul Zannat;Jahangir Alam
    • Economic and Environmental Geology
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    • v.57 no.3
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    • pp.293-303
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    • 2024
  • River mining, the extraction of sand and gravel from riverbeds, is rising at an alarming rate to keep pace with the increasing demand for construction materials worldwide. The far-reaching deleterious effects of river mining include the lowering of water levels, the augmentation of turbidity, and the erosion of riverbanks, i.e., the disruption of water flow and alteration of river morphology. Aggregates demand, geolocation, and the economy of Bangladesh accelerated illegal extraction. However, limited research has been carried out in this region, despite the severe impact on aquatic and terrestrial ecosystems. To address the corresponding consequences and direct the scope for further research, it is required to evaluate existing studies of other countries having similarities in river morphology, climate, economy, and other related parameters. In this respect, based on previous studies, the effects of sand extraction are particularly prominent in India, having 54 cross-boundary rivers with Bangladesh. The geological profile of numerous rivers in the past decades has been altered due to natural aggregate mining in the Indian subcontinent. Hence, this study focused on relevant research in this region. However, the existing research only focuses on the regional portion of the aforementioned international rivers, which lacks proper assessments of these rivers, taking into account especially the mining effects. Moreover, several global rivers that have similarities with Bangladeshi rivers, considering different parameters, are also included in this study. The findings of this article underline the pressing need for more efficacious measures to address the adverse effects of river mining and safeguard ecosystems and communities globally, especially in the Indian subcontinent, where the situation is particularly vulnerable. For this reason, targeting the aforementioned region, this review highlights the global evidence in assessing the future effects of river mining and the need for further research in this field.

Indian Culture Code and Glocal Cultural Contents (인도의 문화코드와 글로컬문화콘텐츠)

  • Kim, Yunhui;Park, Tchi-Wan
    • Journal of International Area Studies (JIAS)
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    • v.14 no.4
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    • pp.79-106
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    • 2011
  • The cultural contents industries have moved closer to the centre of the economic action in many countries and across much of the world. For this reason, the concern with the development of glocal cultural contents has also been growing. According to Goldman Sock's BRICs report, Indian economy will be the engine of global economy with China. In addition, India will be a new blue chip country for large consumer market of cultual contents. The most important point for the development of glocal cultural contents is a systematic and in-depth analysis of other culture. India is a complex and multicultural country compared with Korea which is a nation-state. Therefore, this paper is intended as an understanding about India appropriately and suggestion for a strategy to enter cultural industry in India. As the purpose of this paper is concerned, we will take a close look at 9 Indian culture codes which can be classified into three main groups: 1) political, social and cultural codes 2) economic codes 3) cultural contents codes. Firstly, political, social and cultural codes are i) consistent democracy and saving common people, ii) authoritarianism which appears an innate respect for authority of India, iii) Collective-individualism which represents collectivist and individualistic tendency, iv) life-religion, v) carpe diem. Secondly, economic culture codes are vi) 1.2billion Indian people's God which represents money and vii) practical purchase which stands for a reasonable choice of buying products. Lastly, viii) Masala movie and ix) happy ending that is the most popular theme of Masala movies are explained in the context of cultural content codes. In conclusion, 3 interesting cases , , will be examined in detail. From what has been discussed above, we suggest oversea expansion strategy based on these case studies. Eventually, what is important is to understand what Indian society is, how Indian society works and what contents Indian prefers.

News, Public Policy, and Social Justice

  • Kumar, Sunil
    • Asian Journal for Public Opinion Research
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    • v.4 no.3
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    • pp.123-165
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    • 2017
  • In this paper, we look at mediation of public policies in different areas of governance. Editorials appearing in an Indian English language newspaper during the period of an intense public debate on the issue of affirmative action in favor of a section of the population, the Other Backward Classes (OBC) - a popular reference to the socially and educationally backward classes of citizens under India's constitution constitute the sample for the study. Apart from editorials on the public policy of reservation of seats in admission to higher education institutions for the OBC, editorials on three other areas of governance, namely, development, economy, and public administration appearing in the same newspaper, are also consulted to understand media framing of social issues and more specifically, issues of social justice. Inductively identifying the various frames used in its editorials by the newspaper, I detect predominant use of 'personalized' frame in respect of editorials pertaining to the policy area of social justice; and distinguish it from the 'generic' frame of 'characterization' found in theory. The study concludes that the sample editorials in respect of other public policies did not use the personalized frame found in editorials on social justice.

The Role of Quality of Relations in Succession Planning of Family Businesses in India

  • Merchant, Parimal;Kumar, Arya;Mallik, Debasis
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.3
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    • pp.45-56
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    • 2017
  • Considerable research has been done on the issue of succession in family businesses. However the process of induction, of preparing the members of the next generation for joining the family business has not been examined in detail. This paper attempts to analyse the relevance of three critical factors - 'quality of relations', 'willingness of the inductee' and 'the ability to manage tensions harmoniously' - to the induction process and the progress of the business. It focuses on the Indian context, specifically in the Small and medium Enterprise (SME) area. Qualitative research has been carried out. The Case Study method is used and data has been gathered from two families (including two branches of one family), using frequent unstructured interviews, over a period of five years. It is concluded that positive impact on business, family and the inductee depends to a large extent on the quality of relations, willingness of the inductee and the ability of both the inductor and inductee to handle and manage the tensions. Thus the findings of the study extend current understanding about succession drivers to the specific context of eastern cultural and developing economy represented by the Indian family businesses in the small and medium enterprise sector.

A Spatial Autoregressive Analysis on the Indian Regional Disparity (인도경제의 지역불균형 성장과 공간적 요소의 효과에 관한 실증 분석)

  • Lee, Soon-Cheul
    • International Area Studies Review
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    • v.16 no.1
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    • pp.275-301
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    • 2012
  • This study analyzes the regional disparity in India between 24 states over the period 1980 to 2009. The traditional regressive and spatial autoregressive models are used that includes measures of spatial effects. The results provide no evidence that convergence is valid in India. However, the results indicate that spatial interaction is an important element of state growth in India. The result of spatial analysis excluded two outliner states reveals more strong relationship between the weighted spatial income level and the state growth rates. Moreover, the results find that the coefficients of spatial lag of initial per capital and error terms are significantly negative. The coefficient of variation measures that the distribution of state income level has diverged over time. Therefore, this study concludes that the growth of regional state income does not have a tendency to converge rater than diverge. The results is rational because as the Indian economy is growing rapidly, some states grow faster than the others while initial poor states become the poorest ones, which increases regional disparity in India.

Structural performance of cold-formed steel composite beams

  • Dar, M. Adil;Subramanian, N.;Anbarasu, M.;Dar, A.R.;Lim, James B.P.
    • Steel and Composite Structures
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    • v.27 no.5
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    • pp.545-554
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    • 2018
  • This study presents a novel method of improving the strength and stiffness of cold-formed steel (CFS) beams. Flexural members are primary members in most of the structures. Hence, there is an urgent need in the CFS industry to look beyond the conventional CFS beam sections and develop novel techniques to address the severe local buckling problems that exist in CFS flexural members. The primary objective of this study was to develop new CFS composite beam sections with improved structural performance and economy. This paper presents an experimental study conducted on different CFS composite beams with simply supported end conditions under four point loading. Material properties and geometric imperfections of the models were measured. The test strengths of the models are compared with the design strengths predicted by using Australian/New Zealand Standard for cold-formed steel structures. Furthermore, to ensure high precision testing, a special testing rig was also developed for testing of long span beams. The description of test models, testing rig features and test results are presented here. For better interpretation of results, a comparison of the test results with a hot rolled section is also presented. The test results have shown that the proposed CFS composite beams are promising both in terms of better structural performance as well as economy.

Intellectual Capital Measurement and Disclosure : A New 'Paradigm' in Financial Reporting

  • Bhasin, Madan Lal
    • The Journal of Economics, Marketing and Management
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    • v.4 no.4
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    • pp.1-16
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    • 2016
  • In today's knowledge-based economy, measurement and disclosure (M&D) of intellectual capital (IC) are crucial for enhancing business performance and competitiveness. In the global world, M&D of IC are useful means to keep investors well-informed and reduce information asymmetry. At present, very few leading corporations in India have disclosed IC information on a 'voluntary' basis. Traditional accounting practices, therefore, will need to assimilate innovations that seek to meaningfully represent the 'true-value' of the intangible assets of the company. This is an exploratory study of IC M&D by 8 Indian companies over 5-year period, using 'content' analysis and market-value-added (MVA) as research methodologies. The annual reports of companies were collected from their respective websites. As part of present study, various statistical techniques have been used to analyze the data. The findings show that the sample companies, on an average, reported a positive value of IC, along with wide-disparity, low-level of ICD. Unfortunately, the omission of IC information may adversely influence the quality of decisions made by shareholders, or lead to material misstatements. Finally, we recommend to "the international accounting bodies, to take the lead by establishing a harmonized ICD standard, and provide guidance to the big listed-companies for proper measurement and disclosure of IC, both for internal and external users."

Pathogenic Effects of the Microsporidian Nosema sp., on Larval and Post-cocoon Parameters in Tasar Silkworm, Antheraea mylitta Drury (Daba TV)

  • Renuka, G.;Shamitha, G.
    • International Journal of Industrial Entomology and Biomaterials
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    • v.26 no.1
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    • pp.1-12
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    • 2013
  • The commercial rearing of polyphagous Indian tasar silkworm, Antheraea mylitta Drury being practiced on naturally grown primary food plants like Terminalia arjuna, (Arjun) Terminalia tomentosa (Asan), and Shorea robusta (Sal) available in the tropical forests of central India, at times, is seriously affected by the disease- Pebrine, caused by Nosema sp., a microsporidian pathogen. The present investigation on comparative larval, silk gland weight and also cocoon parameters in Pebrine-free and Pebrine-infected ecorace of tasar silkworm Antheraea mylitta Drury (Daba TV), illustrates the tasar silkworm larvae infected with pebrine disease causing heavy losses to the economy of the silk industry.

Book review: State of Entrepreneurship Support through Incubators in India

  • Loganathan, Muralidharan
    • Asian Journal of Innovation and Policy
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    • v.10 no.1
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    • pp.155-158
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    • 2021
  • Entrepreneurial ecosystem is a very active area of research both conceptually and empirically, yet most literature that emerged over the last two decades predominantly pertain to developed economies. At the same time, transitioning and emerging economies have continued to grow rapidly, making a strong case to study entrepreneurial ecosystems in emerging economies (Bruton et al., 2018). Ecosystems are broad constructs and the constitutive elements of an ecosystem are themselves complex (Stam, 2015). Hence exploring key elements of the ecosystem in depth to understand the mechanisms of how entrepreneurship is supported through intermediary organizations like incubators is a fruitful exercise. In this context, we review the book "Technology Business Incubators in India Structure, Role and Performance" which is a timely synthesis for academic researchers and practitioners, looking to explore the topic as it pertains to emerging economies. The book is part of the De Gruyter Studies in Knowledge Management and Entrepreneurial Ecosystems series, that covers pertinent ecosystems issues around universities, and sustainability by leading authors.