scholarly journals On the Road to Recovery: The Role of Post-Lockdown Stimulus Package

2021 ◽  
pp. 231971452110136
Author(s):  
Sadananda Prusty ◽  
Anubha ◽  
Saurabh Gupta

Indian economy witnessed a plummeted growth in past few years leading to recession. The entire economic activity all over the globe was disrupted due to the COVID-19 pandemic. To revive the economy out of recession, various monetary and fiscal stimulus measures were announced by the Government of India. The objective of this research was to assess the perception of various stakeholders with respect to the effects of these stimulus measures on reviving Indian economy. Based on the intensive discussion with academic experts and policymakers from corporates, five constructs of monetary and fiscal stimulus measures were developed. Web-based survey was conducted with 250 stakeholders from India. Confirmatory factor analysis technique was applied to confirm the constructs. The path analysis using structural equation modelling revealed that all five hypotheses, that is, monetary policy, labour and land law, taxation and subsidies, general business climates, and employee and consumer-related monetary and fiscal stimulus measures, positively and insignificantly affected economic recovery. This results showed a positive perception of stakeholders about the stimulus measures on reviving the Indian economy. However, the insignificant results suggested that unless these stimulus measures are implemented and monitored properly by the Government of India, they would not revive the Indian economy in near future.

2019 ◽  
Vol 17 (1) ◽  
pp. 333-350
Author(s):  
Artur Adamczyk ◽  
Mladen Karadzoski

The main purpose of the article is to present how the Greek- -Macedonian naming dispute influenced the problem of implementation the international identity of Macedonia. Despite the initial problems of the government in Skopje related to determining their international identity, Macedonians managed to define the principles regarding the identification of a new state on the international stage. As a small country with limited attributes to shape its international position, Macedonia has basically been determined to seek guarantees for its existence and security in stable and predictable European international structures such as NATO and the European Union. The main obstacle for Macedonians on the road to Euro-Atlantic structures was the veto of Greece, a member of these organizations, resulting from Athens’ refusal to accept the name the Republic of Macedonia. The Prespa Agreement of 2018 gave a new impetus to the realization of the international identity of North Macedonia.


Author(s):  
Minaketan Behera ◽  
Sanghamitra Mishra ◽  
Niharika Mohapatra ◽  
Alok Ranjan Behera

The outburst of COVID-19 has not only distressed the economic and social activities of Indian economy but also the world economy as a whole. Out of different economic activities, the micro, small and medium Enterprises (MSMEs) affected a lot. This article attempts to measure the contribution of MSMEs towards Indian economy and also attempts to find out the challenges and problems in pre- and during COVID period. We have used different descriptive statistics to measure the impacts of MSMEs and also use of correlation and co-integration to measure the relationship among the variables such as number of MSMEs, investment amount, employment and output. This pandemic is an exceptional shock for MSMEs. It is evident that there is a high degree of significant positive correlation among the variables. Johansen’s co-integration analysis resulted in the rejection of the null hypothesis signifying the existence of long-run co-integrating relationship. Given the extensive COVID-19 chaos, the government needs to establish an ongoing monitoring system and declare urgent relief steps to improve the MSMEs sector’s confidence. E-market linkage for MSMEs should be promoted, and fiscal stimulus should increase for this sector. The Government of India should take various measures to improve Indian MSMEs and achieve the vision of Self-reliant India.


2015 ◽  
Vol 1 (2) ◽  
pp. 141-155
Author(s):  
Mul Yadi ◽  
Harry Rudyantoro ◽  
Ujang Bahar

ABSTRACT  Related to the implementation of the Regional Regulation (Perda) about the increase in parking rates at the edge of the road prone to congestion in the city of Bogor ratified and entered into force on July 2, 2012, The first location that imposed this tariff is the Way Suryakencana and Jalan Siliwangi Bogor and the second location is the application of The Government through the Department trials Traffic Transportation (DLLAJ) Bogor City gets a reaction from the people around Jalan Suryakencana. Enactment of the increase in parking rates at Jalan Bogor Suryakencana expected to reduce illegal parking of vehicles in the area, which has been causing congestion. With parking rates that have been enacted many road users who park their vehicles in multiple and indiscriminate. The method used in this study is empirical juridical approach. The study, based on an inventory of positive law, the discovery of the principles of law and legal discovery inconcretto, which include observation of empirical operationalization of law in society. The conclusion from this study is the basis of the application of the levy Parking Services Bank Public Road, especially in the city of Bogor is Law No. 28 of 2009 on Regional Taxes and Levies and Regional Regulation No. 4 of 2012. Implementation of Regional Regulation No. 4 of 2012 on Increase Rates Parking is not yet fully effective this is due to high payments also has not been matched with adequate services, the responsibility for the damage and loss still be a burden for the owner of the vehicle so that the functions and responsibilities of the government that deal with parking problems is questionable. Impact parking tariff policy to demand that any increase in the parking rate of 10 percent would result in a decrease in the use of parking of 0.7 -0.8 percent, increase use of public transport and cycling amounted to 3.71 percent of 0.9 percent. This figure is even greater in the short term, when applied can lead to a new increase in the elasticity to be about - 0.28., Where the parking lot reducing the length of parking time and reduce the amount of parking.  Keywords: Regional Regulation, Rates Parking, Traffic Order


2018 ◽  
Vol 8 (9) ◽  
pp. 342-351
Author(s):  
Umair Ahmed ◽  
Soleman Mozammel ◽  
Habib Ahmed

The present study attempted to investigate the role or training effectiveness on the employee performance of blue-collar employees working in Bahrain Transportation sector. Therein, the study examined the effectiveness of five different training programs offered to large vehicle drivers serving in the transportation industry. A total of 135 bus drivers from Alsadiq transport company Bahrain were sampled for the study to outline the effectiveness of three major training programs that they were offered including Customer Handling & Passenger Safety, Health & Hygiene and Guide to traffic laws and driving in Bahrain on their driving performance. Structural equation modeling using smart PLS was used for the present study for data analysis and interpretation. The study found a significant relationship impact of two programs on their driving performance of the respondents. The study forwards theoretical and practical implications and scope for further studies.


2012 ◽  
Vol 3 (1) ◽  
Author(s):  
Rewa Singh

“Why do we have to pay the price of poverty? We didn’t create poverty, adults did.” This might be the sentiment of every child who is forced to work at an age when he or she deserves to go to school unlike the fellow kids who are born in a family that can afford to give them a decent childhood. Child Labor is the single most damaging impediment on the road to achieving the goal of development and the purpose of this paper is to show the obstacles that this social evil poses in the path to development. The study used Exploratory, rather unstructured research design and instruments such as case studies and life histories. The study indicates that the government of India has taken some strict measures to eradicate this evil such as the passing of the Right to Education Bill, illegalization of employment of children under the age of 14 years, schemes like “Sarva Siksha Abhiyan” (Education for all campaign), free afternoon meal and so on. But on the ground level their implementation is shoddy due to (as bureaucrats would put it) practical problems. The problem is of course, in the system but it has more to do with the mindsets of the people too. There are people who speak against child labor in India and back at their own house or office, many of them will have at least one child working for them. People need to realize that what a waste of talent and a major obstacle to a country’s development, Child Labor is.   Keywords - Children. Child labor India. Social evil. Illegal employment.


2015 ◽  
Vol 27 (6) ◽  
pp. 660-670 ◽  
Author(s):  
Udara Eshan Manawadu ◽  
◽  
Masaaki Ishikawa ◽  
Mitsuhiro Kamezaki ◽  
Shigeki Sugano ◽  
...  

<div class=""abs_img""><img src=""[disp_template_path]/JRM/abst-image/00270006/08.jpg"" width=""300"" /> Driving simulator</div>Intelligent passenger vehicles with autonomous capabilities will be commonplace on our roads in the near future. These vehicles will reshape the existing relationship between the driver and vehicle. Therefore, to create a new type of rewarding relationship, it is important to analyze when drivers prefer autonomous vehicles to manually-driven (conventional) vehicles. This paper documents a driving simulator-based study conducted to identify the preferences and individual driving experiences of novice and experienced drivers of autonomous and conventional vehicles under different traffic and road conditions. We first developed a simplified driving simulator that could connect to different driver-vehicle interfaces (DVI). We then created virtual environments consisting of scenarios and events that drivers encounter in real-world driving, and we implemented fully autonomous driving. We then conducted experiments to clarify how the autonomous driving experience differed for the two groups. The results showed that experienced drivers opt for conventional driving overall, mainly due to the flexibility and driving pleasure it offers, while novices tend to prefer autonomous driving due to its inherent ease and safety. A further analysis indicated that drivers preferred to use both autonomous and conventional driving methods interchangeably, depending on the road and traffic conditions.


2019 ◽  
Vol 16 (9) ◽  
pp. 3969-3973
Author(s):  
Jasleen Kaur ◽  
Neera Batra ◽  
Sonali Goyal

Negative emotional reactions are the major source of severe accidents on the road. In this paper, an IoT based wearable device is proposed that will estimate the four negative emotions (stress, anger, terror, sad) in the driver and hence would be helpful to prevent roadway disasters. An intelligent stress monitoring control system at the cloud to analyze the sensor signals and to make the decision based upon the variation received in the signals is proposed. This system can also be effective for the government bus drivers. An auditory output response is from buzzer and a warning message is displayed on the screen inside the vehicle. The continuously monitored real time sensor data in the form of graphs is displayed on the PC screen considered as a central server. When any of the sensor value exceeds predefined threshold value, the driver is considered to be in subconscious state and the break system will be implemented to stop the DC motor.


2020 ◽  
Vol 15 (1) ◽  
pp. 140-148
Author(s):  
Sucia Elsa Azzahri ◽  
Burhan Muslim ◽  
Muchsin Riviwanto

Air pollution comes from many factors, one of which comes from vehicles where the smoke produced by motor vehicles contains dangerous heavy metals, Pb. Ujung Gurun Road is one of the densely populated roads which has many pollutant-absorbing plants that line the roadside. This research was conducted with the aim to determine differences in plant types in absorbing lead content (Pb) of air on the road. Analytical research with a comparative study approach. The measurement used is the Wet Ashing Method (wet ashing) for the destruction of the sample, then analyzed using the Atomic Absorption Spectrophotometer (AAS). Data were analyzed using Anova test to see whether there were differences in Glondokan, Mahogany and Angsana plants in absorbing lead air. The results showed lead levels in leaves of glondokan plants were 0.9134 μg / g higher than leaves of mahogany plants as much as 0.764 ug / g and angsana 0.40 ug / g. There is a significant difference in the types of plants in the absorption of air Pb levels in Jalan Ujung Gurun Padang City with p value 0.002 where p <a. For this reason, the monday plant can be used as one of the plants that can be used as one of the government program plants for the absorption of Pb content of air produced by motor vehicles other than mahogany and angsana.


Author(s):  
Miroslav Jovanovic

The European Union (EU) and Serbia?s accession to this international organization in a relatively distant future are linked, in the eyes of the Serbian public, with numerous expectations, dilemmas, misunderstanding fears, joys and periodical manipulations. The topic is important, broad and complex, so there is a need for the basic and understandable explanations. While in Serbia this topic is one of the most important and high on the government?s agenda. In the EU and its member countries, it attracts almost no attention and is not a priority issue. Simply, the EU is concerned with much more important issues, such as its future constitutional system security, energy, globalization, unemployment, immigration, demographic problem (population ageing), monetary union, preservation of the single market and adjustment to the EU eastern enlargement of 2004 and 2007. After introduction to the advantages and problems relating to Serbia?s potential accession to the EU, the attention is turned to the issues that include geopolitical conditions for accession to the EU, legislation and functioning of the EU, as well as its budget. Effects of integration, the EU?s interest in Serbia and Serbia?s interest in the EU are presented before conclusions.


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