EXPORT FINANCE: A TOOL FOR PROMOTING EXPORT IN INDIA

Export Finance play a crucial role in growth and development of export sector in any economy, which face a tough competition from rest of world. It is an essential and prime element for successful operation of various internal and external activities to grow the export business sector. In view of many scholars and economists, export is considered as the engine of growth and development of any country. Presently, India’s total export is contributing approx. 2% in the world’s trade. In export trading the 6 Ps concepts of export marketing are depending on the availability of export finance assistance in terms of share, cost and period of time. This study attempts to analyze and review the impact of export finance used by various exporters on their export profitability, performance on varied interest rate, cost of finance and special schemes related to pre and post shipment stage in export trading. To analyze the role and importance of various financial institutions in providing the financial assistance to the exporters in India helps and supports to export sector to grow in the right direction and also to achieve the specific goals. This research paper provides meaningful information to policy maker who want to reform their export structure, promotion schemes and increase the nation’s competitiveness in present era. KEYWORDS: Export Finance, Financial Institutions, Export Credits, Export Insurance

AN ANALYTICAL STUDY OF TAXATION LITERACY AMONG INDIVIDUALS

Over the recent years, taxation literacy has become a major area of concern for governments, banks, community service groups, other similar organizations, and people in India. People largely lack basic knowledge about financial matters, required to take household decisions, day-to-day money management as well as saving for the long term. Taxation literacy is defined as the knowledge which an individual should possess to manage the issues concerning personal taxation effectively. It helps the individuals in assessing their tax liability, tax management, and tax planning too. Lack of financial and taxation literacy often makes people vulnerable to a financial crisis. It also adversely affects market operations and competitive forces. On the other hand, people who are well informed and well knowledgeable can help to create a more competitive and more efficient financial and tax planning system. The basic purpose of this study is to determine the relationship between financial and taxation literacy among the people, the impact of various government awareness programs on salaried individuals. An illiterate person may arise issues related to tax evasion which is illegal in Indian perspectives. Descriptive type of research will be used to describe the meaning of taxation literacy and review various research papers. Data will be collected from secondary sources. The later section of this review paper observes the views of the different researchers on taxation literacy and will give valued suggestions and future viewpoints on the same. KEYWORDS: Taxation Literacy, Financial Literacy, Tax Management, Tax Planning, People

ROLE OF TALENT DEVELOPMENT IN ENHANCING INNOVATIONS IN INFORMATION TECHNOLOGY SECTOR: AN INVESTIGATIVE STUDY

The ability of entrepreneurs to produce new products is fundamental, because the organisational environment changes rapidly. Changes in socio-economic systems, changes in the expectations and needs and desires of customers, are challenges faced by organisations through new products or services as well. Innovations created by companies are the key to competitive advantage that determines the success of an organisation (Kuratko, 2015; Urbancova, 2012). Talent development is the driver of innovation. Therefore, current research focuses on to study the employee perception talent development impact on innovation. KEY WORDS: Strategy, Structure, Climate, Culture, Socio-Economic System.

AN ANALYSIS OF FACTORS AFFECTING NON-PERFORMING ASSETS IN INDIAN BANKING SECTOR

Deterioration of asset quality destabilizes the financial system by adversely affecting the efficiency, profitability, solvency and liquidity of the banking sector. Both macroeconomic and bank specific factors should be analysed properly to know their strength and direction of impact on the bad assets to have effective NPA resolution mechanism. Unemployment Rate Inflation, Economic Growth, Export rate, Exchange rate, Fiscal Deficit ratio are the macroeconomic indicators and Return on Assets, Credit Deposit ratio, Net Interest Margin are the bank specific factor that are taken from 2003-04 to 2019-20 to explain the variability in Non-performing assets of Public sector and Private sector banks. Fixed effect estimation with robust clustered standard error is used for the panel data regression. Paper found that except unemployment rate all other variables have significant impact on bad assets. Bank specific factor have strong negative impact on the dependent variables. Only exchange rate affects the non-performing loans positively but other macroeconomic variables are negatively associated. KEYWORDS: Non-Performing Assets, Macroeconomic indicators, bank specific factors, Fixed effect

CONCEPTUAL FRAMEWORK FOR VALUING IT WITHIN A BUSINESS SYSTEM

Due to the complexity of IT impacts and multiple interpretations of value, determining the IT value can be difficult. This paper introduces a conceptual framework for evaluating IT value within a single firm despite its complexity. Our research combines design science with an examination of five real-world scenarios. Using the conceptual framework, we may look at value from three different perspectives: 1) from the standpoint of diverse stakeholders, 2) from the perspective of valuing logics, and 3) from the perspective of assessment views. It’s important to consider all of these viewpoints because they help to build the foundation for understanding how specific value information might fulfill the demands of IT-related decision making and how to evaluate and communicate it. KEYWORDS: IT, conceptual framework, multifaceted, company

STATISTICAL ASSESSMENT OF THE ROLE OF THE NATIONAL TOURISM INDUSTRY IN THE ECONOMY OF UZBEKISTAN

This article describes the role of tourism in the national economy, the factors influencing its development, improving the quality of services, issues and directions of statistical assessment of economic development in tourism. KEYWORDS: tourism, quality of services, diversification, sanatoriums, recreation organizations, tourism infrastructure, tourism products, industry competitiveness

ECONOMICS OF FISH PRODUCTION IN CHILIKA LAKE OF ODISHA

Objective-The objectives of the study are to examine the trend and pattern of cost, income and profit from Fish economy in Chilika Lake, to investigate the seasonality and pattern of revenue from tourism in Chilika Lake, to analyze the income and living standards of businessmen and their perception and to assess the developmental activities by Government of Odisha and Chilika Development Authority (CDA) to promote wetland services of Chilika. Methodology-The study is based on environmental impact on Chilika. Approximately 160 species of birds mostly of intercontinental migrant species and Irrawaddy dolphin, the lake is having immense tourism potential. Findings-Chilika as a wetland has a complex and fragile ecosystem unlike other water bodies. Chilika Lake has about 132 fishing villages and it is surrounded by around 273 villages. The population of the fishing villages is more than 0.15 million. Though the country earns foreign revenue by exporting spices fish, prawn, crab its cultivation on crop land is exerting negative impact on the nearby villages and therefore aims at conducting a survey on the socio economic conditions of people involved in fishing activity and the environmental impact of fish cultivation. KEYWORDS: Chilika, Crab, Ecosystem, Fishing, Local businessmen, prawn, Tourism, Wetland

ASSESSMENT OF CONTINENT-WISE ENERGY EFFICIENCY BASED ON CO2 EMISSIONS: A SLACK-BASED DEA APPROACH

This study uses the Data Envelopment Analysis (DEA) slack-based model (SBM) and Malmquist Productivity Index (MPI) to evaluate energy efficiency based on CO2 emissions in 42 countries belonging to 6 continents. First, the data envelopment analysis was employed to calculate the efficiency scores for the countries individually and continent basis and then Malmquist index was used to examine the improvement. The study period chosen was 2011-2020. The results of this study showed that on the basis of continents there has been fluctuations in energy efficiency except for Australia, with an efficiency score of equal to one throughout the study period. Additionally, from the results of Malmquist Productivity Index it was found that the 42 countries showed no significant energy enhancement during the period of 2011-2020. KEYWORDS: Energy Efficiency, CO2 emissions, Continents, Data Envelopment Analysis, Malmquist Productivity Index

EXPLORING THE MISSING LINKS OF WORKPLACE SPIRITUALITY AND KNOWLEDGE MANAGEMENT: A CONCEPTUAL FRAMEWORK

Contemporary workplace has become permanent resort for complex scenarios and challenges. The global pandemic 2019 reminded all about the insufficiency of current operational capacities and KSAs (Knowledge, Skill, and Attitude) at both institutional and individual levels. Technological superiority and Branding are no more buzz words for the business and economic progress. The mindset of Individual employee and organization, and their approach towards the notion of meaningful work, optimal utilization of knowledge and resilience are among the priority now. There is a constant demand for the alignment of individual’s morale with the values of organization. Employee loyalty, satisfaction, wellbeing and commitment are must for smooth working of organizations post pandemic. It is observed that workplace spirituality can be the key driver in employee to act upon their individual capacity in order to accelerate organizational effectiveness and to reinforce tools and techniques of knowledge management. The essentials of knowledge management involve the enthusiasm of employees to challenge, negotiate, adapt and nurture to learn from all the possible resources. The current study is all set to explore the dimensions of spirituality that drives individual to learn and manage knowledge in such a way that fabricate a ‘culture of creating meaningful experiences’ at workplace. This paper composes the Meta analytical review of all workplace spirituality models and knowledge management practices in the context of academic institutions. Based the on the review, this study attempts to formulate the adequate research propositions that can act of guideline to explore the connection between spirituality and knowledge management. The paper documents both theoretical and practical implications of possible association between spirituality and knowledge of individuals at workplace during task performance. The paper will try to offer suggestions, for organizations to incorporate ‘effective knowledge management mechanism through spirituality’ in the light of making them, the better learning places. KEYWORDS: Workplace Spirituality, Knowledge Management, Resilience, Organizational Learning Culture, Morale.

ENTREPRENEURIAL ENGAGEMENT OF MICROFINANCE BORROWERS IN BORONGAN CITY AND IT’S IMPACT ON THEIR ECONOMIC CONDITIONS

This study aimed to document the profile of the respondents in terms of number of years of membership in micro financing, number of availed loans and maximum amount of loan received. It also aimed to find out the entrepreneurship engagement of micro finance borrowers, to describe the contribution of microfinance to the economic conditions of the microfinance borrowers and to determine the problems commonly encountered by the microfinance borrowers in their entrepreneurial venture. It was revealed that microfinance provided livelihood to micro borrowers through micro loans that made them earn an income higher than what they are earning before. Doing business have problems, however borrowers still profit from their entrepreneurial engagement specifically merchandising or buying and selling which has fast return on investment. Thus, they were able to successively avail larger amount of loans and stay for more years as client of MFIs. This implies that microfinance borrowers are creditworthy and responsible individuals. Moreover, it could be implied also that MFIs are committed to help their clients be uplifted from poverty. Conduct of trainings through the extension program of the College of Business Management and Accountancy and partnership with Microfinance Institutions is recommended to improve their income and overall living standards. KEY WORDS: microfinance, borrowers, entrepreneurship, entrepreneurial venture