Madhavan Mani | Arignar Anna Government Arts and Science College, Namakkal, India (original) (raw)
Papers by Madhavan Mani
PURKALA, 2022
Index on Human development provides the facts of development in the vital areas of knowledge, hea... more Index on Human development provides the facts of development in the vital areas of knowledge, healthy life and quality of living. The objective of the present paper is to analyse the effect of FDI on human development in the Indian economy from 1991 to 2019. The study used the following variables: foreign direct investment,human development components like life expectancy at birth, school enrollment ratio, and GNI per capita. The researcher obtained the data from the RBI's Statistical Handbookand World Development Indicators published by the World Bank. This paper analyses the datausingtheannual growth rate, Unit Root-ADFtest, Auto-regressive (ARDL) Bound Test, and Error Correction model.
PURKALA, 2022
Tamil Nadu occupies a very significant position as far as the industrial sector in India is conce... more Tamil Nadu occupies a very significant position as far as the industrial sector in India is concerned. However, the state is experiencing substantial changes in the industrial composition wherethecapital and intermediate goods industries are becoming dominant. The industrial sector is undergoing significant structural changes. Tamil Nadu is also interested in increasing industrial growth is taking to increase foreign investment in the sector. The paper attempted to analyse the growth and composition of Tamil Nadu's economy, industry growth, and trends. The study also analyses on return to scale of the industries in Tamil Nadu for the post-reform period. This study has covered a period from 1990-91 to 2019-20. The data were collected from the Handbook of Statistics on the Indian States. This study applied the annual growth rate, per cent age, simple linear regression, semi-log linear regression and multiple linear regression model for analysis.
Purakala, 2022
Manufacturing goods are vital for economic growth in India since many of its outputs are exported... more Manufacturing goods are vital for economic growth in India since many of its outputs are exported to many developing and developed countries. Hence the share of manufacturing goods is generally high in the total exports of India. The exports of manufacturing goods and the nation's economic development attracted more foreign investment in many sectors of the economy. India is interested in increasing manufacturing goods exports to earn more foreign exchange. This article aims to study the growth, structure, composition and directions of exports of manufacturing goods in India for the post-reform period and the relationship between manufacturing goods and economic growth in the Indian economy. This study has covered a period from 1990-91 to 2019-20. The data were collected from the Handbook of Statistics on the Indian economy. The annual growth rate, percentage and simple linear regression models are used to analyse the data. The regression coefficient is tested for the null hypothesis is zero by using a t-test.
ICRBIT - 2015, 2015
India, after United States hosts the largest number of listed companies. Global investors now ard... more India, after United States hosts the largest number of listed companies. Global investors now ardently seek India as one of their preferred location for investment. Many Indians working in foreign countries now divert their savings to stocks. This recent phenomenon is the result of opening up of online trading and diminished interest rates from banks. The major portion of investment in Indian markets is always attributed to the institutional players amongst whom the foreign institutional investors are of primary significance. The present study covers FII investment into equity. The period of the study was from January 2006 to January 2013. This period of study captured both the bearish and bullish trends. The study will provide a very clear picture of the impact of foreign institutional investors on Indian stock indices The objective of the present study it's identifying whether there exist a causal relationship between net investment made by FII's and the equity return in the Indian Stock Market. In order to check the relationship between foreign institutional investment and stock returns in India, the data for net FII investments and stock returns (BSE) during January 2006 and January2013have been used in this study. The relationship has been checked by conducting the Augmented Dickey Fuller Test(ADF),Phillips-Perron(PP) Test and the Granger causality test.
GIS Business, 2020
CSR has been a neglected area and was considered as an exercise which the corporates with multina... more CSR has been a neglected area and was considered as an exercise which the corporates with multinational calibre can afford as a brand building mechanism. But corporate with high illusion has been doing CSR and were contributing to the society and serving the people with an ambition to bridge the gap between the ‘have’ and ‘have not’ and ensure them a minimum benchmark level of living conditions. But today, the outlook of CSR has been changed drastically and has become the major management tool which decide the organizations growth, profitability and even its existence. On the other side, Government is giving high priority to CSR and made it mandatory in India.India is at a tipping point, both in terms of economic growth and in the human development of its more than one billion citizens.In order to ensure national development and growth in the economy, the major job will be to find solution for the major economic issues in India, like poor per capita income, massive dependence of po...
GIS Business, 2020
Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only... more Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only behind from two major countries such as China and Russia. With population of 1.3 billion India is one of the largest consumer markets across the globe. Growing demand for alcoholic beverages in India is mainly due to therich young population base and growing consumption of alcohol by the young generation. It is also demographically one of the youngest with around 50% of its population below the age of 25 and around 65% below the age of 35, this will add fuel to the rapid growth of alcoholic beverages market. The majority of alcohol volume is consumed by people between the ages of 18 and 40. Goldstein Research analyst forecast the India alcoholic beverages market to grow at a CAGR of 7.4% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 39.7 billion by the end of forecast period as alcohol consumption is growing in urban areas of the country.
International Journal of Application or Innovation in Engineering & Management (IJAIEM), 2020
Inclusive growth stands for the equitable development of all sectors in a nation and the growth t... more Inclusive growth stands for the equitable development of all sectors in a nation and the growth trajectory of the Indian economy since 1991 liberalisation period. The inclusive growth on agriculture, industry and service sectors are not stable in the Indian economy. The potential of capital accumulation is not utilised in the Indian economy properly. Foreign and Domestic Investments are responsible for the critical patterns of economic growth. The study evaluates the impact of investment growth on the inclusive growth of the economy. The objective of this analysis is to study the effects of domestic and foreign investment in the inclusive growth of the Indian economy. The study attempted to analyse the growth and share of agriculture, industry and service sectors in the Indian economy. The study identifies the following variables viz., the annual growth rate of agriculture, industry and services sectors and gross fixed capital formation, gross capital formation and foreign direct investment. The study obtained data from the Department of Industrial Policy and Promotion, Handbook of Statistics on Indian economy for various issues. For analyse, the study also uses the index numbers, annual growth rate, averages, percentages, unit root test, co-integration and Granger causality test.
Vidyabharati International Interdisciplinary Research Journal (Special Issue), 2021
In this modern world, chemicals are part of several aspects of human life. Chemicals are used to ... more In this modern world, chemicals are part of several aspects of human life. Chemicals are used to purify drinking water, medicine, quality buildings, fuels and many more. Several industries are manufacturing chemical and chemical products. Chemical industries contribute to enhance the quality of the modern-day life of every individual. The earth's natural resources like soil, minerals, water, air, plants, and animals provide the raw materials required for chemical industries. Among the global chemical trading nations, India got 14th place in its exports (excluding pharmaceutical products) and 6th in chemical imports globally during 2018. Since natural resources are scarce and the demand for natural products increases, the chemical industry provides a solution with alternative products. Hence the demand for chemical products is increasing every day. Keeping this in mind this paper aims to analyse the growth and productivity in the Manufacture of Chemical Industry in India. The present study focuses on the growth and productivity of Indian chemical industries from 1990-91 to 2017-18. Data on the gross output, material, service, energy, employment, capital stock are collected from the India KLEMS database for analysis. This paper attempts to study the chemical industry's growth and productivity by using the econometric analysis viz., the unit root test, ARDL model, cointegration and error correction model.
International Journal of Advanced Science and Technology, 2020
Foreign Direct Investment has an important role in the BRICS economy. FDI is a significant factor... more Foreign Direct Investment has an important role in the BRICS economy. FDI is a significant factor contributing to the economic growth and development in the developing countries. Generally many of the researchers have positive impact of FDI on economic growth in the developing economy and most of the growth theory promote that FDI helps for the growth especially of developing countries. This study has tried to analyse the impact of FDI on the BRICS economy. The main objectives of the study are growth and trend pattern of FDI in the BRICS countries and the share of FDI in the other regions. The study has positive impact on economic growth in the BRICS economy. For this study data used for the period from 1991 to 2018 and the periods divided into three sub-periods from 1991 to 2000, 2001 to 2010 and 2011 to 2018. The variable was measured in millions of US dollar. The study variables are Foreign Direct Investment and Gross Domestic Product and the data are collected from the World Investment Report published by UNCTAD and World Development Indicator, World Bank. To analyse the data, index numbers, annual growth rate, averages and percentages have been used. To know the Panel unit root test, Panel co-integration and Vector Error Correction model have been used. The estimated regression coefficients are tested for their significance using a t-test.
International Journal of Application or Innovation in Engineering & Management (IJAIEM), 2020
The economic liberalisation process has been opened up new dimensions for the Indian economy sinc... more The economic liberalisation process has been opened up new dimensions for the Indian economy since 1991. The liberalisation
process has achieved new heights and changes in the structure and functioning of the Indian stock market. Foreign capital is
flowing from developed countries to developing countries, and it has been the foreign institutional investors have played a vital
role in the Indian stock market. FIIs have been allowed to invest in the domestic financial market since 1992. The FIIs has
influenced the several factors such as stock market, money market and foreign exchange markets. The objective of this analysis
is to study the impact of foreign institutional investment on the Indian stock market. The study attempted to analyse the growth
and share of foreign institutional investment in the Indian economy. The study identifies the following variables viz., the
annual growth rate of foreign institutional investment and stock market such as BSE and NSE during the period from 1990-91
to 2017-18. The study obtained data from the Foreign Portfolio Investment Monitor by National Securities Depository Limited
and Handbook of Statistics on Indian Securities Market for various issues. For analyse, the study also uses the annual growth
rate, unit root test, co-integration and Granger causality test.
Key Words: FII, Turnover at BSE and Turnover at BSE
JEL Code: F21, M51 and M52
Journal of Xi'an University of Architecture & Technology, 2020
FDI Inflows in the service sector is an important instrument for socio-economic development of al... more FDI Inflows in the service sector is an important instrument for socio-economic development of all over the world. India is
attracting highest FDI Inflows in the service sector. This study examines the growth and share of FDI Inflows in the service sector to
total FDI Inflows and the relationship between FDI Inflows in service sector into GDP at Service sectors and Gross Domestic
Product in the Indian economy. The study variables are: FDI Inflows in the service sector, Total FDI Inflows, GDP at Service
sectors and Gross Domestic Product and the study period is 2000-01 to 2017-18. The data are collected from the Department of
Industrial Policy & Promotion and Handbook of Statistics on the Indian Economy. For this study to analyse the data, index
numbers, annual growth rate, averages, percentages, simple linear regression and semi-log linear regression model have been
used.
Key Words: FDI Inflows, Service Sector, GDP and Indian Economy.
GIS Business, 2020
Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only... more Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only behind from two major countries such as China and Russia. With a population of 1.3 billion India is one of the largest consumer markets across the globe. Growing demand for alcoholic beverages in India is mainly due to the rich young population base and growing consumption of alcohol by the young generation. It is also demographically one of the youngest with around 50% of its population below the age of 25 and around 65% below the age of 35, this will add fuel to the rapid growth of alcoholic beverages market. The majority of alcohol volume is consumed by people between the ages of 18 and 40. Goldstein Research analyst forecast the India alcoholic beverages market to grow at a CAGR of 7.4% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 39.7 billion by the end of the forecast period as alcohol consumption is growing in urban areas of the country.
GIS-Business, 2020
CSR has been a neglected area and was considered as an exercise which the corporates with multina... more CSR has been a neglected area and was considered as an exercise which the corporates with multinational calibre can afford as a brand building mechanism. But corporate with high illusion has been doing CSR and were contributing to the society and serving the people with an ambition to bridge the gap between the ‘have’ and ‘have not’ and ensure them a minimum benchmark level of living conditions. But today, the outlook of CSR has been changed drastically and has become the major management tool which decide the organizations growth, profitability and even its existence. On the other side, Government is giving high priority to CSR and made it mandatory in India.India is at a tipping point, both in terms of economic growth and in the human development of its more than one billion citizens.In order to ensure national development and growth in the economy, the major job will be to find solution for the major economic issues in India, like poor per capita income, massive dependence of population on agriculture, heavy population pressure, the existence of unemployment and underemployment, slow enhancement in rate of capital formation, disparity in wealth distribution, deprived quality of human capital & low level of technology.
GIS-Business, 2020
Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only... more Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only behind from two major countries such as China and Russia. With population of 1.3 billion India is one of the largest consumer markets across the globe. Growing demand for alcoholic beverages in India is mainly due to therich young population base and growing consumption of alcohol by the young generation. It is also demographically one of the youngest with around 50% of its population below the age of 25 and around 65% below the age of 35, this will add fuel to the rapid growth of alcoholic beverages market. The majority of alcohol volume is consumed by people between the ages of 18 and 40. Goldstein Research analyst forecast the India alcoholic beverages market to grow at a CAGR of 7.4% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 39.7 billion by the end of forecast period as alcohol consumption is growing in urban areas of the country.
REVIEW OF RESEARCH, 2019
This study aims to observe the conditions of Human Development among the SAARC Countries, to exam... more This study aims to observe the conditions of Human Development among the SAARC Countries, to examine the trend, pattern and composition of the indicators of human development along withHuman Development Index (HDI) among SAARC nations. Secondary data is used to analyse this study from 1990 to 2017. Since 1990,the United Nations Development Programme (UNDP) has been preparing the global Human Development Report (HDR).Every year the HDRemphases on a distinct issue that effects on measuring the multidimensional human development. HDIis getting popular to measure the development of a country. It combines three critical indicators namely, Education, Life expectancy, and Standard of living. The highly developed nations are with higher HDI scores.In the year 2018, Niger has scored 0.536 whereas Norway got 0.953in HDI score. Therefore, Norway will be considered more developed than Niger in Human Development. Obviously, when compared with the previous year's status all South Asian nations registered positive growth. India's HDI value has been increased from 0.427 (1990) to 0.640 (2017), i.e., a sharp increase of HDI value of 0.231. These remarkable achievementsachieved by India next to Sri Lanka and the Maldives. India ranks third in SAARC region and 130 th rank in the world among 189 Countries and territories. This study has beenattempted to throw lights on the progress which is addressed systematically to the promotion and protection of human development.
Review of Research, 2019
FDI is a significant vehicle for the transfer of technology from the developed countries to the r... more FDI is a significant vehicle for the transfer of technology from the developed countries to the rest of the world. Since 1991, the government of India started introducing changes in its economic policy and liberalised its policies towards foreign direct investments. Even before 1991, the foreign investors identified India as an important hub for foreign investment. Once the economy was opened, the inflow of investments into the country increased 20 times more than the previous periods. These investments lead to economic growth through creating new employment opportunities, developing new managerial expertise, new markets and new network for distribution. FDI inflow into India has helped to reach a certain degree of stability in its financial status; its ability to compete with the global economy. Above all the flow of the FDI into the Indian economy made India as a central point of global production chains of MNCs, across various production locations spread around the world. The study finds a strong positive interaction between FDI and India’s international trade.
KEYWORDS:
FDI Inflow, GDP, Import, Export, Economic Growth.
Shanlax International Journal of Commerce, 2018
Review of Research, 2018
Industrialisation in developing economies plays a vital role in promoting aggregate economic grow... more Industrialisation in developing economies plays a vital role in promoting aggregate economic growth and development. It involves basic changes in the manufacturing sector usually accompanied by technology modernisation, commodity diversification and economies of scale. The structural change towards heavy industrial commodity manufacturing not only brings in its wake accelerated rates of growth in the industrial output as per cent of the GDP of the nations but also, account for the improved quality of life of the people. The relative decline in the importance of the traditional Light industries in favor of the non-traditional Heavy industries, more often are explained in the empirical studies through such factors as the accumulation of capital, technical progress and human capital resource base on the one hand and the expanded domestic and international market for the manufactured goods on the other. They do not provide a systematic and comprehensive theoretical explanation of the dynamics involved in the long-run economic growth and the sectoral linkages. Industrial diversification measures, the extent by which the of industrialization acquires the capacity to manufacture diversified commodity output that could cater to the sophisticated input requirement of the industrial system as it moves towards achieving industrial maturity as well as meeting the material living standards of the people. In general, industrial diversification can be defined as the process of structural spread in the commodity manufacturing activity in a competitive market economy. Diversifications of industrial activity enable the system to move towards self-sufficiency and sustain the tempo of economic growth. Many of the earlier studies were concerned with the effects of product and firm-level diversification, rather than the broader concept of the structural diversification of the manufacturing sector at various levels in the value-adding process. The study aims at coherently integrating the structural change and diversification of the Indian industries in India during 1998-99 to 2013-14.To estimate the extent of industrial diversification in the Indian Non-traditional industries employing Herfindahl Index and relate the findings with Macroeconomic policies and industrial growth. The estimation of industrial diversification at a micro level assumes importance because it has a direct implication on the antitrust policies formulated by the state. The level of industrial diversification has secured a slow growth rate during the period 1998-99 to 2007-08. The periods after 2007-08, the study observed the moderate level of diversification of industrial activities. This means the economic reforms have to be accelerated with the efforts to build facilities, infrastructure, and encouragement to embark on R & D programs, support services through industrial consultancy and engineering design services, project management services.
Research Revolution, 2018
The manufacturing industrial activity in the market assumes dynamic properties. This dynamism o... more The manufacturing industrial activity in the market assumes dynamic properties. This dynamism over time alters the prospects of the industries in securing both short-term and long-term profitability. Economic analysis tends to capture these dynamic natures of profitability by conceptualizing price-cost margin. Price-cost margin measures the surplus of income or profit generated in an enterprise over the aggregate cost incurred in producing a given volume of output. It has theoretical as well as empirical relevance in economics. The factors often used to explain profitability include, the absolute size of firms, the extent of market concentration, product diversification etc. Other factors which are also considered include the market environment and the Research and Development expenditure, the policies relating to advertisement, marketing strategies and the principle used in pricing the products. Price-cost margin thus measures the extent of revenue surplus i.e., price over the average cost of producing a given volume of output. The return on capital on the other hand, measures the surplus of operating expenses viewed from the base of operating investments i.e. capital engaged. India has made adequate achievement in industrial development during the last five decades and became the tenth largest industrialized country of the world. Despite the growth in industrial activities, India needs to go a long way to reach self- sufficiency in its economic needs.Underutilization of existing capacity is another major problem which is due to lack of power, raw material and demand. This paper made an attempt to analyze the trend and pattern of the gross and net price-cost margin along with the return on capital of Indian Non-Traditional industries during 1998-99- 2013-14. The study recommends the government to take necessary steps to safe guard the Non-Traditional industries in India by way of tax reforms, long term loans, and support to technological advancement. Since the existing industries are suffer from low profitability, the study recommends to reduce the level of foreign direct investment on new ventures. Instead, foreign direct investment can be made on the existing industries, so that the existing industries can uplift their technology and increase the profit level.
CSR activities refer to the initiatives of an individual corporate entity undertakes as an extra ... more CSR activities refer to the initiatives of an individual corporate entity undertakes as an extra effort for the welfare of the society and environment as a whole. CSR creates a landing place in the minds of the target consumers. It not only caters to the brand equity awareness among the consumers but also leads to a positive brand image in the minds of the potential consumers. brands must be inspirational in a socially responsible way to its stakeholders. To achieve the same the CSR has become more common business practices. Companies can build a sustainable brand image by emphasizing on social, economic and environmental problems of the society. customers will perceive such organization as a socially conscious organization. The purpose of this paper is to understand how CSR can lead to the creation of the better brand image. It investigates the efficacy of CSR initiatives creating a positive brand image in the minds of the consumers. This study based on the secondary data, information from books, journals, magazines and research reports and web sites.
PURKALA, 2022
Index on Human development provides the facts of development in the vital areas of knowledge, hea... more Index on Human development provides the facts of development in the vital areas of knowledge, healthy life and quality of living. The objective of the present paper is to analyse the effect of FDI on human development in the Indian economy from 1991 to 2019. The study used the following variables: foreign direct investment,human development components like life expectancy at birth, school enrollment ratio, and GNI per capita. The researcher obtained the data from the RBI's Statistical Handbookand World Development Indicators published by the World Bank. This paper analyses the datausingtheannual growth rate, Unit Root-ADFtest, Auto-regressive (ARDL) Bound Test, and Error Correction model.
PURKALA, 2022
Tamil Nadu occupies a very significant position as far as the industrial sector in India is conce... more Tamil Nadu occupies a very significant position as far as the industrial sector in India is concerned. However, the state is experiencing substantial changes in the industrial composition wherethecapital and intermediate goods industries are becoming dominant. The industrial sector is undergoing significant structural changes. Tamil Nadu is also interested in increasing industrial growth is taking to increase foreign investment in the sector. The paper attempted to analyse the growth and composition of Tamil Nadu's economy, industry growth, and trends. The study also analyses on return to scale of the industries in Tamil Nadu for the post-reform period. This study has covered a period from 1990-91 to 2019-20. The data were collected from the Handbook of Statistics on the Indian States. This study applied the annual growth rate, per cent age, simple linear regression, semi-log linear regression and multiple linear regression model for analysis.
Purakala, 2022
Manufacturing goods are vital for economic growth in India since many of its outputs are exported... more Manufacturing goods are vital for economic growth in India since many of its outputs are exported to many developing and developed countries. Hence the share of manufacturing goods is generally high in the total exports of India. The exports of manufacturing goods and the nation's economic development attracted more foreign investment in many sectors of the economy. India is interested in increasing manufacturing goods exports to earn more foreign exchange. This article aims to study the growth, structure, composition and directions of exports of manufacturing goods in India for the post-reform period and the relationship between manufacturing goods and economic growth in the Indian economy. This study has covered a period from 1990-91 to 2019-20. The data were collected from the Handbook of Statistics on the Indian economy. The annual growth rate, percentage and simple linear regression models are used to analyse the data. The regression coefficient is tested for the null hypothesis is zero by using a t-test.
ICRBIT - 2015, 2015
India, after United States hosts the largest number of listed companies. Global investors now ard... more India, after United States hosts the largest number of listed companies. Global investors now ardently seek India as one of their preferred location for investment. Many Indians working in foreign countries now divert their savings to stocks. This recent phenomenon is the result of opening up of online trading and diminished interest rates from banks. The major portion of investment in Indian markets is always attributed to the institutional players amongst whom the foreign institutional investors are of primary significance. The present study covers FII investment into equity. The period of the study was from January 2006 to January 2013. This period of study captured both the bearish and bullish trends. The study will provide a very clear picture of the impact of foreign institutional investors on Indian stock indices The objective of the present study it's identifying whether there exist a causal relationship between net investment made by FII's and the equity return in the Indian Stock Market. In order to check the relationship between foreign institutional investment and stock returns in India, the data for net FII investments and stock returns (BSE) during January 2006 and January2013have been used in this study. The relationship has been checked by conducting the Augmented Dickey Fuller Test(ADF),Phillips-Perron(PP) Test and the Granger causality test.
GIS Business, 2020
CSR has been a neglected area and was considered as an exercise which the corporates with multina... more CSR has been a neglected area and was considered as an exercise which the corporates with multinational calibre can afford as a brand building mechanism. But corporate with high illusion has been doing CSR and were contributing to the society and serving the people with an ambition to bridge the gap between the ‘have’ and ‘have not’ and ensure them a minimum benchmark level of living conditions. But today, the outlook of CSR has been changed drastically and has become the major management tool which decide the organizations growth, profitability and even its existence. On the other side, Government is giving high priority to CSR and made it mandatory in India.India is at a tipping point, both in terms of economic growth and in the human development of its more than one billion citizens.In order to ensure national development and growth in the economy, the major job will be to find solution for the major economic issues in India, like poor per capita income, massive dependence of po...
GIS Business, 2020
Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only... more Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only behind from two major countries such as China and Russia. With population of 1.3 billion India is one of the largest consumer markets across the globe. Growing demand for alcoholic beverages in India is mainly due to therich young population base and growing consumption of alcohol by the young generation. It is also demographically one of the youngest with around 50% of its population below the age of 25 and around 65% below the age of 35, this will add fuel to the rapid growth of alcoholic beverages market. The majority of alcohol volume is consumed by people between the ages of 18 and 40. Goldstein Research analyst forecast the India alcoholic beverages market to grow at a CAGR of 7.4% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 39.7 billion by the end of forecast period as alcohol consumption is growing in urban areas of the country.
International Journal of Application or Innovation in Engineering & Management (IJAIEM), 2020
Inclusive growth stands for the equitable development of all sectors in a nation and the growth t... more Inclusive growth stands for the equitable development of all sectors in a nation and the growth trajectory of the Indian economy since 1991 liberalisation period. The inclusive growth on agriculture, industry and service sectors are not stable in the Indian economy. The potential of capital accumulation is not utilised in the Indian economy properly. Foreign and Domestic Investments are responsible for the critical patterns of economic growth. The study evaluates the impact of investment growth on the inclusive growth of the economy. The objective of this analysis is to study the effects of domestic and foreign investment in the inclusive growth of the Indian economy. The study attempted to analyse the growth and share of agriculture, industry and service sectors in the Indian economy. The study identifies the following variables viz., the annual growth rate of agriculture, industry and services sectors and gross fixed capital formation, gross capital formation and foreign direct investment. The study obtained data from the Department of Industrial Policy and Promotion, Handbook of Statistics on Indian economy for various issues. For analyse, the study also uses the index numbers, annual growth rate, averages, percentages, unit root test, co-integration and Granger causality test.
Vidyabharati International Interdisciplinary Research Journal (Special Issue), 2021
In this modern world, chemicals are part of several aspects of human life. Chemicals are used to ... more In this modern world, chemicals are part of several aspects of human life. Chemicals are used to purify drinking water, medicine, quality buildings, fuels and many more. Several industries are manufacturing chemical and chemical products. Chemical industries contribute to enhance the quality of the modern-day life of every individual. The earth's natural resources like soil, minerals, water, air, plants, and animals provide the raw materials required for chemical industries. Among the global chemical trading nations, India got 14th place in its exports (excluding pharmaceutical products) and 6th in chemical imports globally during 2018. Since natural resources are scarce and the demand for natural products increases, the chemical industry provides a solution with alternative products. Hence the demand for chemical products is increasing every day. Keeping this in mind this paper aims to analyse the growth and productivity in the Manufacture of Chemical Industry in India. The present study focuses on the growth and productivity of Indian chemical industries from 1990-91 to 2017-18. Data on the gross output, material, service, energy, employment, capital stock are collected from the India KLEMS database for analysis. This paper attempts to study the chemical industry's growth and productivity by using the econometric analysis viz., the unit root test, ARDL model, cointegration and error correction model.
International Journal of Advanced Science and Technology, 2020
Foreign Direct Investment has an important role in the BRICS economy. FDI is a significant factor... more Foreign Direct Investment has an important role in the BRICS economy. FDI is a significant factor contributing to the economic growth and development in the developing countries. Generally many of the researchers have positive impact of FDI on economic growth in the developing economy and most of the growth theory promote that FDI helps for the growth especially of developing countries. This study has tried to analyse the impact of FDI on the BRICS economy. The main objectives of the study are growth and trend pattern of FDI in the BRICS countries and the share of FDI in the other regions. The study has positive impact on economic growth in the BRICS economy. For this study data used for the period from 1991 to 2018 and the periods divided into three sub-periods from 1991 to 2000, 2001 to 2010 and 2011 to 2018. The variable was measured in millions of US dollar. The study variables are Foreign Direct Investment and Gross Domestic Product and the data are collected from the World Investment Report published by UNCTAD and World Development Indicator, World Bank. To analyse the data, index numbers, annual growth rate, averages and percentages have been used. To know the Panel unit root test, Panel co-integration and Vector Error Correction model have been used. The estimated regression coefficients are tested for their significance using a t-test.
International Journal of Application or Innovation in Engineering & Management (IJAIEM), 2020
The economic liberalisation process has been opened up new dimensions for the Indian economy sinc... more The economic liberalisation process has been opened up new dimensions for the Indian economy since 1991. The liberalisation
process has achieved new heights and changes in the structure and functioning of the Indian stock market. Foreign capital is
flowing from developed countries to developing countries, and it has been the foreign institutional investors have played a vital
role in the Indian stock market. FIIs have been allowed to invest in the domestic financial market since 1992. The FIIs has
influenced the several factors such as stock market, money market and foreign exchange markets. The objective of this analysis
is to study the impact of foreign institutional investment on the Indian stock market. The study attempted to analyse the growth
and share of foreign institutional investment in the Indian economy. The study identifies the following variables viz., the
annual growth rate of foreign institutional investment and stock market such as BSE and NSE during the period from 1990-91
to 2017-18. The study obtained data from the Foreign Portfolio Investment Monitor by National Securities Depository Limited
and Handbook of Statistics on Indian Securities Market for various issues. For analyse, the study also uses the annual growth
rate, unit root test, co-integration and Granger causality test.
Key Words: FII, Turnover at BSE and Turnover at BSE
JEL Code: F21, M51 and M52
Journal of Xi'an University of Architecture & Technology, 2020
FDI Inflows in the service sector is an important instrument for socio-economic development of al... more FDI Inflows in the service sector is an important instrument for socio-economic development of all over the world. India is
attracting highest FDI Inflows in the service sector. This study examines the growth and share of FDI Inflows in the service sector to
total FDI Inflows and the relationship between FDI Inflows in service sector into GDP at Service sectors and Gross Domestic
Product in the Indian economy. The study variables are: FDI Inflows in the service sector, Total FDI Inflows, GDP at Service
sectors and Gross Domestic Product and the study period is 2000-01 to 2017-18. The data are collected from the Department of
Industrial Policy & Promotion and Handbook of Statistics on the Indian Economy. For this study to analyse the data, index
numbers, annual growth rate, averages, percentages, simple linear regression and semi-log linear regression model have been
used.
Key Words: FDI Inflows, Service Sector, GDP and Indian Economy.
GIS Business, 2020
Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only... more Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only behind from two major countries such as China and Russia. With a population of 1.3 billion India is one of the largest consumer markets across the globe. Growing demand for alcoholic beverages in India is mainly due to the rich young population base and growing consumption of alcohol by the young generation. It is also demographically one of the youngest with around 50% of its population below the age of 25 and around 65% below the age of 35, this will add fuel to the rapid growth of alcoholic beverages market. The majority of alcohol volume is consumed by people between the ages of 18 and 40. Goldstein Research analyst forecast the India alcoholic beverages market to grow at a CAGR of 7.4% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 39.7 billion by the end of the forecast period as alcohol consumption is growing in urban areas of the country.
GIS-Business, 2020
CSR has been a neglected area and was considered as an exercise which the corporates with multina... more CSR has been a neglected area and was considered as an exercise which the corporates with multinational calibre can afford as a brand building mechanism. But corporate with high illusion has been doing CSR and were contributing to the society and serving the people with an ambition to bridge the gap between the ‘have’ and ‘have not’ and ensure them a minimum benchmark level of living conditions. But today, the outlook of CSR has been changed drastically and has become the major management tool which decide the organizations growth, profitability and even its existence. On the other side, Government is giving high priority to CSR and made it mandatory in India.India is at a tipping point, both in terms of economic growth and in the human development of its more than one billion citizens.In order to ensure national development and growth in the economy, the major job will be to find solution for the major economic issues in India, like poor per capita income, massive dependence of population on agriculture, heavy population pressure, the existence of unemployment and underemployment, slow enhancement in rate of capital formation, disparity in wealth distribution, deprived quality of human capital & low level of technology.
GIS-Business, 2020
Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only... more Indian alcoholic beverage industry is one of the biggest alcohol industries across the globe only behind from two major countries such as China and Russia. With population of 1.3 billion India is one of the largest consumer markets across the globe. Growing demand for alcoholic beverages in India is mainly due to therich young population base and growing consumption of alcohol by the young generation. It is also demographically one of the youngest with around 50% of its population below the age of 25 and around 65% below the age of 35, this will add fuel to the rapid growth of alcoholic beverages market. The majority of alcohol volume is consumed by people between the ages of 18 and 40. Goldstein Research analyst forecast the India alcoholic beverages market to grow at a CAGR of 7.4% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 39.7 billion by the end of forecast period as alcohol consumption is growing in urban areas of the country.
REVIEW OF RESEARCH, 2019
This study aims to observe the conditions of Human Development among the SAARC Countries, to exam... more This study aims to observe the conditions of Human Development among the SAARC Countries, to examine the trend, pattern and composition of the indicators of human development along withHuman Development Index (HDI) among SAARC nations. Secondary data is used to analyse this study from 1990 to 2017. Since 1990,the United Nations Development Programme (UNDP) has been preparing the global Human Development Report (HDR).Every year the HDRemphases on a distinct issue that effects on measuring the multidimensional human development. HDIis getting popular to measure the development of a country. It combines three critical indicators namely, Education, Life expectancy, and Standard of living. The highly developed nations are with higher HDI scores.In the year 2018, Niger has scored 0.536 whereas Norway got 0.953in HDI score. Therefore, Norway will be considered more developed than Niger in Human Development. Obviously, when compared with the previous year's status all South Asian nations registered positive growth. India's HDI value has been increased from 0.427 (1990) to 0.640 (2017), i.e., a sharp increase of HDI value of 0.231. These remarkable achievementsachieved by India next to Sri Lanka and the Maldives. India ranks third in SAARC region and 130 th rank in the world among 189 Countries and territories. This study has beenattempted to throw lights on the progress which is addressed systematically to the promotion and protection of human development.
Review of Research, 2019
FDI is a significant vehicle for the transfer of technology from the developed countries to the r... more FDI is a significant vehicle for the transfer of technology from the developed countries to the rest of the world. Since 1991, the government of India started introducing changes in its economic policy and liberalised its policies towards foreign direct investments. Even before 1991, the foreign investors identified India as an important hub for foreign investment. Once the economy was opened, the inflow of investments into the country increased 20 times more than the previous periods. These investments lead to economic growth through creating new employment opportunities, developing new managerial expertise, new markets and new network for distribution. FDI inflow into India has helped to reach a certain degree of stability in its financial status; its ability to compete with the global economy. Above all the flow of the FDI into the Indian economy made India as a central point of global production chains of MNCs, across various production locations spread around the world. The study finds a strong positive interaction between FDI and India’s international trade.
KEYWORDS:
FDI Inflow, GDP, Import, Export, Economic Growth.
Shanlax International Journal of Commerce, 2018
Review of Research, 2018
Industrialisation in developing economies plays a vital role in promoting aggregate economic grow... more Industrialisation in developing economies plays a vital role in promoting aggregate economic growth and development. It involves basic changes in the manufacturing sector usually accompanied by technology modernisation, commodity diversification and economies of scale. The structural change towards heavy industrial commodity manufacturing not only brings in its wake accelerated rates of growth in the industrial output as per cent of the GDP of the nations but also, account for the improved quality of life of the people. The relative decline in the importance of the traditional Light industries in favor of the non-traditional Heavy industries, more often are explained in the empirical studies through such factors as the accumulation of capital, technical progress and human capital resource base on the one hand and the expanded domestic and international market for the manufactured goods on the other. They do not provide a systematic and comprehensive theoretical explanation of the dynamics involved in the long-run economic growth and the sectoral linkages. Industrial diversification measures, the extent by which the of industrialization acquires the capacity to manufacture diversified commodity output that could cater to the sophisticated input requirement of the industrial system as it moves towards achieving industrial maturity as well as meeting the material living standards of the people. In general, industrial diversification can be defined as the process of structural spread in the commodity manufacturing activity in a competitive market economy. Diversifications of industrial activity enable the system to move towards self-sufficiency and sustain the tempo of economic growth. Many of the earlier studies were concerned with the effects of product and firm-level diversification, rather than the broader concept of the structural diversification of the manufacturing sector at various levels in the value-adding process. The study aims at coherently integrating the structural change and diversification of the Indian industries in India during 1998-99 to 2013-14.To estimate the extent of industrial diversification in the Indian Non-traditional industries employing Herfindahl Index and relate the findings with Macroeconomic policies and industrial growth. The estimation of industrial diversification at a micro level assumes importance because it has a direct implication on the antitrust policies formulated by the state. The level of industrial diversification has secured a slow growth rate during the period 1998-99 to 2007-08. The periods after 2007-08, the study observed the moderate level of diversification of industrial activities. This means the economic reforms have to be accelerated with the efforts to build facilities, infrastructure, and encouragement to embark on R & D programs, support services through industrial consultancy and engineering design services, project management services.
Research Revolution, 2018
The manufacturing industrial activity in the market assumes dynamic properties. This dynamism o... more The manufacturing industrial activity in the market assumes dynamic properties. This dynamism over time alters the prospects of the industries in securing both short-term and long-term profitability. Economic analysis tends to capture these dynamic natures of profitability by conceptualizing price-cost margin. Price-cost margin measures the surplus of income or profit generated in an enterprise over the aggregate cost incurred in producing a given volume of output. It has theoretical as well as empirical relevance in economics. The factors often used to explain profitability include, the absolute size of firms, the extent of market concentration, product diversification etc. Other factors which are also considered include the market environment and the Research and Development expenditure, the policies relating to advertisement, marketing strategies and the principle used in pricing the products. Price-cost margin thus measures the extent of revenue surplus i.e., price over the average cost of producing a given volume of output. The return on capital on the other hand, measures the surplus of operating expenses viewed from the base of operating investments i.e. capital engaged. India has made adequate achievement in industrial development during the last five decades and became the tenth largest industrialized country of the world. Despite the growth in industrial activities, India needs to go a long way to reach self- sufficiency in its economic needs.Underutilization of existing capacity is another major problem which is due to lack of power, raw material and demand. This paper made an attempt to analyze the trend and pattern of the gross and net price-cost margin along with the return on capital of Indian Non-Traditional industries during 1998-99- 2013-14. The study recommends the government to take necessary steps to safe guard the Non-Traditional industries in India by way of tax reforms, long term loans, and support to technological advancement. Since the existing industries are suffer from low profitability, the study recommends to reduce the level of foreign direct investment on new ventures. Instead, foreign direct investment can be made on the existing industries, so that the existing industries can uplift their technology and increase the profit level.
CSR activities refer to the initiatives of an individual corporate entity undertakes as an extra ... more CSR activities refer to the initiatives of an individual corporate entity undertakes as an extra effort for the welfare of the society and environment as a whole. CSR creates a landing place in the minds of the target consumers. It not only caters to the brand equity awareness among the consumers but also leads to a positive brand image in the minds of the potential consumers. brands must be inspirational in a socially responsible way to its stakeholders. To achieve the same the CSR has become more common business practices. Companies can build a sustainable brand image by emphasizing on social, economic and environmental problems of the society. customers will perceive such organization as a socially conscious organization. The purpose of this paper is to understand how CSR can lead to the creation of the better brand image. It investigates the efficacy of CSR initiatives creating a positive brand image in the minds of the consumers. This study based on the secondary data, information from books, journals, magazines and research reports and web sites.