scholarly journals A study on growing Indian Economy in relation to the International Foreign trade

2021 ◽  
Vol 12 (3) ◽  
pp. 114-118
Author(s):  
Dr Sumanta Bhattacharya ◽  
Bhavneet Kaur Sachdev
Keyword(s):  
Foreign Trade ◽  
Agricultural Sector ◽  
Small Scale ◽  
Gdp Growth ◽  
Infrastructure Development ◽  
Foreign Trade Policy ◽  
Sustainable Living ◽  
Defence Sector ◽  
Small Scale Industries ◽  
Made In

India is transforming its economy, there is infrastructure development, introduction of technology into majority of the sector. India is adopting smart technology and smart sustainable living to become self sufficient with the aim to reduce imports and promote exports in foreign trade. The country has allowed 100% FDI in a number of sectors. India is becoming an manufacturing hub with the made in India scheme being implemented in every sector from agricultural to Industrial to Service Sector.Foreign trade promotes diplomatic relation between countries. India is the largest producer of many products in the world, the defence sector has also started their own manufacturing in India, the sector has exported many missile and aircrafts adding to the GDP growth. Made in India scheme has provided employment to the young youth and many other skilled and unskilled people..The 2021 to 2026 foreign trade policy focus on small scale industries -MSME who are contributing 40% to the GDP growth and provided employment to maximum number of people after agricultural sector.

Globalisation, Multinational Corporation and Regional Development

2002 ◽  
Vol 27 (3) ◽  
pp. 191-198
Author(s):  
L. RathaKrishnan ◽  
K. Santhy
Keyword(s):  
Regional Development ◽  
Multinational Corporations ◽  
Multinational Corporation ◽  
Secondary Data ◽  
Fold Increase ◽  
Small Scale ◽  
Infrastructure Development ◽  
The World ◽  
Indian Industries ◽  
Small Scale Industries

Economic reforms introduced in India during 1991–92 had triggered the process of economic development in the country. It is from this period a structural shift occurred in Indian industry. The liberalization has also facilitated the Indian industries to sell their products throughout the world market. As the multinational Corporation normally own, manage, and control production, they can sell their products all over the world without much difficulty. After the announcement of globalization in India, the number of multinational corporation had increased from 389 (1981) to 2303 (1996), about six fold increase in 15 years period. The present paper examines how multinational corporations help regional development. A case study approach was followed. Both primary and secondary data were collected from the Whirlpool India Limited for a period of 18 years, starting from 1983–84 to 2000–01. By using simple growth rate and regression analysis this study found that there is a favourable shift in employment and infrastructure development in the region. After the establishment of the MNC, the region has received various benefits, namely employment, better road and transportation, local markets, hospitals, street lights, drinking water and other infrastructural facilities. Further more, this MNC has not harmed the growth of tiny and small scale industries in the region. In fact, the MNC has helped many small-scale industries to establish their industries in the region.

scholarly journals ANALISIS KEBERAGAMAN USAHA RUMAHT ANGGA PERTANIAN DI LAHAN MARJINAL

Agro Ekonomi ◽  
2016 ◽  
Vol 14 (1) ◽  
pp. 1
Author(s):  
Dewa K.S Swastika ◽  
Roosganda Elizabeth ◽  
Juni Hestina
Keyword(s):  
Low Income ◽  
Industrial Development ◽  
Agricultural Sector ◽  
Farm Income ◽  
Small Scale ◽  
Marginal Land ◽  
Infrastructure Development ◽  
Integrated Development ◽  
Technology Application ◽  
On Farm

Most of farmers in Indonesia, especially in marginal land. are small scale farmers with limited resources. These limitations have caused low level of technology application, thus low productivity and low income. To meet their household consumption. they have to find other job for additional income earning. This study is aimed to: (1) to assess the model offarming system, (2) to evaluate the variability of household's income, (3) to assess the contribution of on-farm, off-farm and non-farm incomes on the total household's income, and (4) to assess the degree of relationship between household characteristic and job variability. The study was conducted in three marginal land, namely: rain-fed in WestJava, dry-land in Bali, and swampy land in WestKalimantan. The results showed thatfarmers in rain-fed of WestJava and swampy land of WestKalimantan were doing partial farming, whilefarmers in dryland of Bali were doing integrated farming system. Farmers in these three agroecosystem were diversified in sources of income. On-farm was the highest source of household's income,followed by non-farm and off-farm. However, there is no significant correlation betweenjob diversification and level ofhousehold's income. It might be that thejob diversification was mainly done by small farmers whose on-farm income alone could not meet their household's consumption. Meanwhile, largefarmers did lessjob. Hence, at the end their household's income was not significantly different. The high contribution of agricultural sector on household's income indicated its high role on rural economy. Therefore, this sector should be developed in an integrated development, includedfarming system development,partnership betweenfarmers and private sector, gro-industrial development, and infrastructure development. It is expected that these integrated development will create marketfor agricultural products, job opportunity for rural people, and finally will improve household's income and welfare.

The Russian exported goods under the umbrella brand: Expectations and reality

2020 ◽  
Vol 16 (9) ◽  
pp. 1636-1655
Author(s):  
M.B. Medvedeva ◽  
E.B. Starodubtseva
Keyword(s):  
Dynamic Analysis ◽  
Foreign Trade ◽  
Special Function ◽  
Training Programs ◽  
Foreign Market ◽  
Poor Quality ◽  
Foreign Trade Policy ◽  
Crucial Issue ◽  
Classification Tool ◽  
Made In

Subject. The restructuring of the Russian exports is a crucial issue of the foreign trade policy. Considering sanctions against Russia, exports can be reshaped with non-trivial methods. The Russian goods can be successfully offered to the foreign market if an umbrella brand Made in Russia is used. Objectives. The study determines difficulties and opportunities of promoting the Russian goods to the foreign market under the umbrella brand Made in Russia. Methods. The study relies upon general and special methods of research, such as retrospective, systems and functional structure analyses, observation, classification, tool-based techniques for grouping, sampling, comparison and summary, evolutionary and dynamic analysis. Results. The umbrella brand Made in Russia was proved to primarily include goods with the international recognition and gradually embrace promising and competitive goods, but not yet well known abroad. The article points out risks of the strategy as the umbrella brand may absorb some toxic regional goods or brands, which offer poor quality goods. Conclusions. To mitigate basic risks, it is necessary to draw upon the expertise of the Russian local brands and grow a commodity brand. There should be a special infrastructure to support national exporters, including the Russian export center, which should include a special function of foreign trade intermediaries. The foreign trade intermediaries are supposed to practically help national exporters, but also provide training programs for raising the foreign trade knowledge of businesses.

scholarly journals CLUSTERING OF THE INTERNATIONAL AGRICULTURAL TRADE BETWEEN UKRAINE AND THE EU

2018 ◽  
Vol 40 (3) ◽  
pp. 307-319 ◽  
Author(s):  
Vitalii Dankevych ◽  
Yevgen Dankevych ◽  
Petro Pyvovar
Keyword(s):  
Foreign Trade ◽  
Agricultural Sector ◽  
Agricultural Trade ◽  
Agricultural Products ◽  
Foreign Trade Policy ◽  
Main Factors ◽  
Trade Partners ◽  
Ward Method ◽  
The Eu

The relevance of this study is determined by the necessity to refocus the foreign trade policy of Ukraine and to adjust the agricultural sector of economy to the conjunctural changes on the world agricultural markets. At present, the structure of the foreign trade of Ukraine is changing drastically taking into account economic, social and political circumstances. How can one identify potential partners and single out those that are the most economically feasible for a long-term cooperation? This is one of the most topical issues of the development of the foreign economic activity. The purpose of the article is to identify the main trade partners of agricultural products between Ukraine and the EU. Using the k-means method and the Ward-method, clustering of the trade partners of the EU member countries and Ukraine is carried out. Three cluster groups are singled out and the main factors that have impact on these groups are described.

D. I. Mendeleev’s “cherished thoughts” on foreign trade and “proper protectionism”

2020 ◽  
pp. 120-139
Author(s):  
T. N. Belova
Keyword(s):  
Foreign Trade ◽  
Russian Empire ◽  
Foreign Trade Policy ◽  
Basic Principles ◽  
Industrial Economy ◽  
The North ◽  
Russian Economy ◽  
American Scholar ◽  
The Russian Empire ◽  
Competition Growth

Foreign trade policy and its role in the economic growth of the national economy are considered through the prism of history and comparison of the formation of the industrial economy in the Russian Empire and the North American United States. The author compares the protectionism of D. I. Mendeleev, described in his economic works, and the free trade thinking of the American scholar W. Sumner, who formulated the “misconceptions” of protectionism. Mendeleev’s proper protectionism is grounded on the basic principles (incentivizing internal competition, growth of consumption, bringing up of new industries ), which are relevant for contemporary Russia. The author gives a typical example of the formation and decline of the factory industry using the case of mirror factories in the Ryazan province. These historical analogies, the paper argues, are necessary for the correct assessment of the current situation and for coming up with valid solutions aimed at the development of the Russian economy.

Impact of Stress on Employees of Small Scale Industries

2012 ◽  
Vol 3 (7) ◽  
pp. 1-3
Author(s):  
Dr. A. Jeyapragash Dr. A. Jeyapragash ◽  
◽  
R. Boopathi R. Boopathi
Keyword(s):  
Small Scale ◽  
Small Scale Industries

Impact Of Human Resource Practices In Small Scale Industries In Thoothukudi District Of Tamilnadu

2019 ◽  
Vol 5 (4) ◽  
pp. 160-169
Author(s):  
Srimo Fernandas
Keyword(s):  
Economic Growth ◽  
Human Resource ◽  
Management Practices ◽  
Human Factor ◽  
Vital Role ◽  
Small Scale ◽  
Average Income ◽  
Small Scale Industry ◽  
Human Resource Management Practices ◽  
Small Scale Industries

In the economic growth of a country, the human factor plays a vital role. The study has been made to study the growth of small scale industries in the development of human resource management practices of in Thoothukudi district. The study has the following objectives. To study the socio-economic outline of the small scale industry owners. To understand the nature of management of the small-scale industry. To find out the motivational factors for starting small-scale industries. To analyse the average income generated by different activities by the small scale industry owners.

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