scholarly journals Greenfield Investments: An Economic and Financial Key Driver for India’s Growth

2019 ◽  
Vol 5 ◽  
pp. 1
Author(s):  
Swastika Tripathi ◽  
Manjula Jain ◽  
Viksit Tripathi ◽  
◽  
◽  
...  
Keyword(s):  
Environmental Issues ◽  
Weather Conditions ◽  
Indian Economy ◽  
Cultural Aspects ◽  
Indian Context ◽  
Greenfield Investments ◽  
Reserve Bank ◽  
Key Driver ◽  
Additional Income ◽  
Reserve Bank Of India

Since ages, India has held the flagship of being prosperous, economically viable, financially sound, rich in resources, and diverse in traditional and cultural aspects, yet has never failed to cater to the needs of crores of citizens. The economic factors and flow of financial wherewithal have pushed Indian economy to the brighter side of development. However, the growth aspects led to a significant decrease in the climatic and weather conditions and therefore an urgent need to mend up the environmental issues. Greenfield investments were sought as remedial measure to sustain the issues of environment as well as economic and financial feasibility in the form of investments. Investment is a gizmo for creating wealth by employing funds with an intention of achieving additional income or growth in the value and gets rewarded by return. Foreign direct investment (FDI) is such an investment wherein foreign investors make their funds employable in the foreign-based company either through greenfield investments, brownfield investments, or through portfolio investment. In Indian context, overseas investments can be made either through automatic route or through Reserve Bank of India and Government of India. The highlight of this paper is the significance of greenfield investments in the developmental aspects of Indian economy.

scholarly journals Analysis on Growth of Foreign Exchange Reserves in India Since 1960-61 to 2017-18

2019 ◽  
Vol 8 (2) ◽  
pp. 69-73
Author(s):  
R. Rajanbabu ◽  
A. Srilaka
Keyword(s):  
Growth Rate ◽  
Foreign Exchange ◽  
Secondary Data ◽  
Foreign Exchange Reserves ◽  
Indian Economy ◽  
Adequate Level ◽  
Reserve Bank ◽  
Reserve Bank Of India

This paper is primarily concerned with an analysis of the growth and trends in the foreign exchange reserves of India. It is based on secondary data and the data reliable for analysis are collected from handbook of statistics on Indian economy and the website of Reserve Bank of India. The study covers the period of 58 years from 1960-1961 to 2017-18. The collected data have been used for analysis with the help of compound growth rate. The analysis of the data reveals that foreign exchange reserves have significantly changed over the years. All the indicators noticed notable growth rate during the period under review. From the overall analysis showed that India holds adequate level of foreign exchange reserves.

scholarly journals MSMEs in COVID-19 Crisis and India’s Economic Relief Package: A Critical Review

2020 ◽  
Author(s):  
Pushkar Dubey ◽  
Kailash Kumar Sahu
Keyword(s):  
Gross Domestic Product ◽  
Nobel Prize ◽  
Critical Review ◽  
Nobel Prize Winner ◽  
Domestic Product ◽  
Indian Economy ◽  
Small And Medium Enterprise ◽  
Reserve Bank ◽  
Medium Enterprise ◽  
Reserve Bank Of India

MSMEs (Micro, Small and Medium Enterprise) are the backbone of Indian economy as it contributes more than 30% in the India’s GDP (Gross Domestic Product). The present research studies the current conditions of MSMEs amid corona virus crisis and the economic relief package, specifically for MSMEs, entitled as “Atmanirbhar Bharat (Self-Dependent India)” in order to revive the business activities of MSMEs. Critical review of the economic package and modification needed in terms of MSMEs issues in the further announcements were discussed in this paper. Former RBI (Reserve Bank of India) governor Raghuram Rajan and Nobel Prize winner in economics Prof. Abhijit Banerjee has also contributed in the discussion in order to revive the Indian economy.

The hoax of demonetization in Indian economy: a mathematical analysis

2019 ◽  
Vol 22 (4) ◽  
pp. 678-693
Author(s):  
Debasish Roy
Keyword(s):  
Money Supply ◽  
Prime Minister ◽  
Macroeconomic Theory ◽  
Content Type ◽  
Indian Economy ◽  
Clear Cut ◽  
Reserve Bank ◽  
The Masses ◽  
The Mathematical Model ◽  
Reserve Bank Of India

Purpose Over one and half years have passed since the demonetization of Indian economy had occurred on November 8, 2016. The drastic step was initiated by the Prime Minister Narendra Modi with an intention to curb the “huge” circulation of illicit or “black” money of Indian economy by means of withdrawal of high value denominations of Rupees 500 and Rupees 1,000 from the supply of broad money (M3). This step helped to demonetize around 86 per cent value of total money supply leading to an unprecedented chaos in the economy and public life. The long delays in issuing fresh currency notes at the banks and ATMs further deteriorated the sudden economic crisis. Design/methodology/approach This research paper is aimed at exploring the proclaimed “efficacy” of demonetization policy as proposed by Reserve Bank of India by means of a mathematical approach and critically examines the effects of demonetization on the illicit money supply of Indian economy on the basis of macroeconomic theory. Findings From the mathematical model and related estimates, it may be easily deduced that the Indian policymakers deliberately hurled the masses in one of the gravest economic crises with a clear-cut intention of creating a political gimmick, when in reality, the proportion of illegitimate money supply was not even 1 per cent of total legitimate supply of money. Originality/value The analyses and findings related to this paper are based on mathematical modeling and logical interpretations. This paper is free of plagiarism as all the necessary sources and references are properly cited.

scholarly journals Quantitative Easing in Accelerating the Economic Growth Rate – Indian Perspective

2019 ◽  
Vol 8 (12) ◽  
pp. 492-495
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Interest Rates ◽  
Commercial Banks ◽  
Quantitative Easing ◽  
Indian Economy ◽  
Reserve Bank ◽  
The Government ◽  
To Come ◽  
Reserve Bank Of India

The present situation of Indian economy is worse. The GDP growth rate is 5% which is very low compared to last five years trend. After a record fell down of short-term interest rates of commercial banks (below one percent), the Reserve bank of India has turned to quantitative easing (QE) to hold up economic growth. It is used by the government to amplify the supply of money in the economy. It leads to an increase in lending by commercial banks and spending by customers subsequently. On the other hand, these policies will boomerang greatly on economy and leads to extraordinarily high levels of inflation. If commercial banks fail to afford excess reserves, it may direct to unhinge in the money market. Simply it jeopardizes the entire economic system. To come out from this, Reserve Bank of India injects a fixed quantity of money into the economy by massive and unprecedented purchasing of financial assets from commercial banks and private entities. This leads to an increase in banks reserves. Quantitative easing is not a new word to the economic world; it is most popular from the times of great recession in US economy. There has been an explode of research on QE and its effects. Past studies tremendously agree that QE helps in ease financial conditions and there is no reason to doubt that it supports economic growth. It is not only very powerful in times of financial crisis, but also has a momentous effect in normal times. By and large, this research paper focuses on finding the reasons behind the slowdown of growth rate of Indian economy and provides the likely solutions to come out from the crisis.

scholarly journals Financial Frauds on Financial Performance of Banking Industry

2019 ◽  
Vol 8 (12) ◽  
pp. 4578-4584
Keyword(s):  
Global Economy ◽  
Banking Industry ◽  
Financial Burden ◽  
Banking Regulation ◽  
Indian Economy ◽  
The People ◽  
Reserve Bank ◽  
Efficient Control ◽  
The Government ◽  
Reserve Bank Of India

The growth of Indian Economy is a combination of contribution of different sectors. The banking industry is the back bone of Indian Economy and its growing role in the Global Economy. Since, nationalization banking industry has witnessed many ups and downs in its sustainability. Though the banking industry is regulated by the Reserve Bank of India and policies of the Government from time to time towards its sustainability it needs to bring reforms in the strict implementation of Banking Regulation Act. During last two decades, banking industry has been reeling under financial crisis, losses and debts due to liberal loan sanction policies and poor recovery rate. This was due to frauds and corrupt practices due to some or other reason. This leads to financial burden not only on the Government but also on the people of the country. The present research paper examines the reasons for financial frauds and necessary suggestions are being made to mitigate the frauds and to develop strong and efficient control mechanism.

scholarly journals Relevance of Quantitative Easing Model to Heal the Sick Indian Economy

2019 ◽  
Vol 8 (3) ◽  
pp. 7555-7558
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Interest Rates ◽  
Commercial Banks ◽  
Quantitative Easing ◽  
Indian Economy ◽  
Reserve Bank ◽  
The Government ◽  
To Come ◽  
Reserve Bank Of India

The present situation of Indian economy is worse. The GDP growth rate is 5% which is very low compared to last five years trend. After a record fell down of short-term interest rates of commercial banks (below one percent), the Reserve bank of India has turned to quantitative easing (QE) to hold up economic growth. It is used by the government to amplify the supply of money in the economy. It leads to an increase in lending by commercial banks and spending by customers subsequently. On the other hand, these policies will boomerang greatly on economy and leads to extraordinarily high levels of inflation. If commercial banks fail to afford excess reserves, it may direct to unhinge in the money market. Simply it jeopardizes the entire economic system. To come out from this, Reserve Bank of India injects a fixed quantity of money into the economy by massive and unprecedented purchasing of financial assets from commercial banks and private entities. This leads to an increase in banks reserves. Quantitative easing is not a new word to the economic world; it is most popular from the times of great recession in US economy. There has been an explode of research on QE and its effects. Past studies tremendously agree that QE helps in ease financial conditions and there is no reason to doubt that it supports economic growth. It is not only very powerful in times of financial crisis, but also has a momentous effect in normal times. By and large, this research paper focuses on finding the reasons behind the slowdown of growth rate of Indian economy and provides the likely solutions to come out from the crisis.

Brand identity and culture interaction in the Indian context: a grounded approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Arbuda Sharma ◽  
Sanjay Patro ◽  
Harish Chaudhry
Keyword(s):  
Reference Points ◽  
Customer Relationship ◽  
Brand Identity ◽  
Theory Approach ◽  
Content Type ◽  
Cultural Aspects ◽  
Indian Context ◽  
Inductive Research ◽  
Quality Product ◽  
Cultural Cues

PurposeThe purpose of this study is to explore how elements of culture and cultural cues such as customs, values and norms interact with the brand identity. A qualitative research has been done to understand which cultural aspect is important for which aspect of brand identity. The results would be useful for designing the product.Design/methodology/approachThis research focuses on exploring and validating the interaction between the factors of brand identity and various dimensions of culture. Multiple frameworks of brand identity and culture have been reviewed, factors have been identified and the interaction between the factors of brand identity and elements of culture has been established in the Indian context. Grounded theory approach has been exercised here as a holistic inductive research technique for identifying the interaction between factors of brand identity and elements of culture. This paper has explored inter-relationship between strategies adopted by managers in creation of brand identity and its consequential perception.FindingsFollowing interaction has been found between the brand identity factors and cultural aspects – product shape, product size and packaging size – were found to interact with individualism vs collectivism, brand image, overall brand presentation, distribution, perception and quality were found to be strongly associated with power distance. Similarly associations were found between country of origin and belief, quality, product differentiation, frame of reference, points of parity and uncertainty avoidance, between Brand Ambassador – Person/ Icon and 9; Beliefs, between Fit with environment and self, Brand customer relationship and long term vs short term orientation, between Enhanced Self Perception and Masculinity vs Femininity, between Brand heritage, packaging colors and images and Customs and Symbols.Research limitations/implicationsThe outcomes of our research show that customization is an indispensable principle to be followed in the global markets and elements of culture and cultural indications such as customs, values and collective norms are integral in driving the branding strategies.Practical implicationsThe outcomes of the study lay emphasis on the parallel groundwork that the managers must make for their strategies, so that, the company centric variables of brand identity are well in sync with the socio cultural indicators of the region they are serving.Originality/valueUnlike previous researches, this work records the consumers' perspective in understanding their purchase choices based on their cultural norms and influences.

scholarly journals The Multiplier Effects of Waste Management in RT-07 of Guntung Village, In Bontang, East Kalimantan, Indonesia

2020 ◽  
Vol 202 ◽  
pp. 07039
Author(s):  
Sri Djuwani Ekowati ◽  
Sudharto P Hadi ◽  
Dwi P Sasongko
Keyword(s):  
Legal Status ◽  
Joint Venture ◽  
Organic Fertilizer ◽  
Environmental Issues ◽  
Slum Area ◽  
East Kalimantan ◽  
Institutional Status ◽  
Multiplier Effects ◽  
Corporate Social ◽  
Additional Income

In 2010, Neighborhood area 07 in Guntung Village received Black Award from Bontang government due to environmental issues. The issues are included the mounting trash resulted from this area which is not managed well, dirty and slum environment, unpleasant odors from the rubbish heap and scabies suffered by residents. As the company located next to Guntung Village, PT. Pupuk Kalimantan Timur (PKT) is very concerned about environmental problems. It encouraged these residents to initiate establishing Groups through Corporate Social Responsibility. It aims to "change the slum area to be healthy and great". This program is established to solve the waste problem and exploring economic opportunities. Mekarsari Group turns leaves into compost and its development innovates by processing food waste into liquid organic fertilizer (Indonesia called POC). To improve the group’s institutional status, the joint venture group Mekarsari formed and in extending process its competitiveness, change to Mekarsari Cooperative, this paper observes a legal status. The research method is qualitative with participative observation and technique of data collection employed with interviews. The changing waste into compost and POC, have various effects on sustainable development. The slum village changed to green village. The residents receive additional income and reducing Greenhouse Gases.

scholarly journals The Monetary Crisis and Foundation for Reserve Bank of India (1890-1935)

2020 ◽  
Author(s):  
M. Balaji
Keyword(s):  
World War I ◽  
Interwar Period ◽  
Banking System ◽  
Economic Interest ◽  
Stabilization Policy ◽  
British India ◽  
World War ◽  
Reserve Bank ◽  
The World ◽  
Reserve Bank Of India

The monetary policy of British India was highly controversial during the interwar period as it aimed to protect the budgetary obligations and private commerce. The currency stabilization policy was seen as a tool to protect the British economic interest while they ruled India. The currency came under serious pressure during the World War I and Great depression, the facets of Indian currency’s dependence was exposed through the modified council bill system and Gold exchange standard. The much-needed currency reforms and banking system were conceded by the colonial administration after much wrangling for half a century.

Strategies in Mixed Budget: A Bitopological Approach

2018 ◽  
Vol 15 (01) ◽  
pp. 85-94
Author(s):  
Santanu Acharjee ◽  
Binod Chandra Tripathy
Keyword(s):  
Time Series ◽  
World Bank ◽  
Upper Bounds ◽  
Line Graphs ◽  
Mathematical Tool ◽  
Economic Literature ◽  
Bitopological Space ◽  
Reserve Bank ◽  
Local Functions ◽  
Reserve Bank Of India

The forecasting graphs of World Bank, Reserve Bank of India, etc. are mostly line graphs or time series graphs. Any forecasting contains “standard error” as an error with complicated statistical formulae. A keen observation shows that mathematical patterns are available in nature, but in most of the cases, it is difficult for us to recognize these patterns. Similarly, it is most important for us to know the least upper bounds of these line graphs or time series graphs so that peaks of the prices with respect to time will not exceed these least upper bounds. It is hard to find any statistical or mathematical tool to determine these least upper bounds. Thus we give methodology to obtain these least upper bounds. We show existence of an equilibrium between the expected price and the original price of a commodity with the help of local functions and expansion operators of a bitopological space. These methods are based on choice of a consumer. Examples are provided to show that price of a commodity cannot exceed the interval of expected price. Moreover, we try to provide possible answers to the problem of “Control of Economic Variable” of Morgenstern [O. Morgenstern, Thirteen critical points in contemporary economic theory: An interpretation, Journal of Economic Literature 10(4) 1972 1163–1189] by determining least upper bounds.

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