{"title":"DEVELOPMENT IN INDIA: SOME REFLECTIONS ON CONTEMPORARY ISSUES","authors":"Rajbir Singh","doi":"10.55829/ijmpr.v2i3.196","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i3.196","url":null,"abstract":"The issue of development has become an important area of research in the contemporary India. Although the development and nation building process started from the independence period in India but the nature and various dimensions of development has got changed over the period of time. India is exploring various opportunities in the global market now and has become the major player at the global level. In this era of competitive global economy, the position of India is getting stronger day by day with the initiative of the Prime Minister Mr. Narendra Modi. In pharmaceutical and IT sectors, India is dominating in various developing countries especially in the region of Africa. Through ‘Make in India Policy’, the country is becoming self-reliant in various sectors. Yet challenges are there and the government is trying its best to overcome such challenges. Study on the current development suggests that India is going to share major share in terms of both material and human resources in the global market in near future.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"297 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139335440","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"VALIDATING Z SCORE MODEL FOR EVALUATING FINANCIAL HEALTH OF SELECTED INDIAN COMPANIES","authors":"Jayashreeben R. Koshti, Chetana Marvadi","doi":"10.55829/ijmpr.v2i2.164","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.164","url":null,"abstract":"The success of the company is highly dependent on its financial health. A business cannot thrive in a cut-throat environment without consistent financial health. Various types of ratios like profitability, liquidity and solvency and various Models have been used for ascertaining the financial health of the companies. Altman Z Score Model is one of the most popular model, which is used for this purpose in this study. The main objective of this study is to classify the selected twenty five companies according to their distress level using Discriminant analysis based on Altman Z Score Model for the period of ten years (2008-09 to 2017-18). Descriptive and Causal research designs have been used for this purpose. It has been found that Retained Earnings to Total Assets and EBIT to Total Assets are the most important determinants in discriminating the selected companies within the three categories of possible Non-Distress Zone Companies, possible Grey Zone companies and possible Distress zone companies and according to both the selected techniques, Vijay Textiles Ltd. is classified in Possible Distress Zone. Thus, this company should reduce its long term debt and give more weightage to Equity to overcome this situation.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127164472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"GST IN INDIA: A KEY ECONOMIC REFORM","authors":"Pawan Kumar Bhura, Ashutosh Jha, Manu Umesh","doi":"10.55829/ijmpr.v2i2.166","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.166","url":null,"abstract":"This study provides an overview of India's historical GST and pre-GST tax structures. India's most significant tax reform is finally in place, based on the concept of \"one nation, one market, and one tax. The Goods and Services Tax (GST) replaced several indirect taxes such as excise duty, service tax, supplementary customs duty, surcharge, state level value added tax and octroi which were levied on various goods. After more than two decades of debate, Prime Minister and Finance Minister of India sh. Narendra Modi and Arun Jaitley respectively, have passed the GST Bill, which will go into effect on July 1, 2017. GST has helped a lot to remove double taxation or tax cascading effect. The GST regime includes four taxation rates: 5 percent, 12 percent, 18 percent and 28 percent. Certain products and services are tax-free. Manufacturing and exports are expected to benefit under the GST regime. This will result in more employment and economic prosperity in India.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"434 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134017561","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"PERFORMANCE EVALUATION OF SIP (SYSTEMATIC INVESTMENT PLAN) IN MUTUAL FUNDS: A COMPARATIVE ANALYSIS","authors":"Komal Sharma","doi":"10.55829/ijmpr.v2i2.163","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.163","url":null,"abstract":"The Performance Evaluation of Systematic Investment Plans (SIPs) in Mutual Funds is a crucial way of investment avenue analysis, it aids potential investors in making informed decisions. The present study aims to present a comprehensive comparative analysis of SIPs in selected set of top 30 mutual funds in India through SIPs. The research methodology employed in present study is purposive sampling method of mutual fund schemes based on their SIP returns. The evaluation was implemented using the BSE Sensex for benchmark and 91-day Treasury bills for the risk-free rate. Various tools and techniques such as average return, alpha, beta, Sharpe ratio, Treynor ratio, Sortino ratio, standard deviation, downside capture, and upside capture were employed to analyse the risk and performance of mutual funds through SIPs. The study found fluctuations in the performance of selected mutual fund categories. This comparative analysis of mutual fund performance through SIP contributes to assisting investors in making well-informed investment decisions by means evaluating the performance and risk associated with selected mutual fund schemes.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133233048","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ANALYZING THE LINK BETWEEN EXPORT ORIENTED GROWTH AND POVERTY REDUCTION IN INDIA (From the perspective of people at Welspun Transformation Services Ltd)","authors":"Punam Makwana","doi":"10.55829/ijmpr.v2i2.156","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.156","url":null,"abstract":"This research project aimed to explore the link between export-oriented growth and poverty reduction in India. The study used a descriptive research design with convenience sampling to select a small sample size of 208 respondents. The study collected primary data using questionnaires and analysed it using various statistical tools. The data analysis was facilitated by IBM Statistical Package for Social Sciences (SPSS), applying suitable statistics like Reliability Test, Normality Test, Mann-Whitney U Test, Kruskal Wallis Test for testing six formulated hypothesis. The research found that export-oriented growth had a positive impact on poverty reduction and social and environmental well-being. However, the study's limitations included a small sample size and potential bias based on respondents' opinions. Despite these limitations, the research provides valuable insights into the link between export-oriented growth and poverty reduction in India and may serve as a basis for future research in this area.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122173612","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE FUTURE OF BANKING: HOW NEO BANKS ARE CHANGING THE INDUSTRY","authors":"Somnath Sardar, Kavit Anjaria","doi":"10.55829/ijmpr.v2i2.153","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.153","url":null,"abstract":"Neo banks, also known as digital banks or challenger banks, are online financial institutions that leverage advanced technologies to deliver convenient, efficient, and personalized banking services. They disrupt the traditional banking landscape by challenging established banks to adapt and innovate to remain competitive, and are gaining popularity among tech-savvy consumers who value convenience and innovation in their banking experience. Based on a sample size of 200 respondents collected via a Google form, the purpose of this study is to better understand how the Neo banks changing the banking industry by competing with traditional banks in India. according to the findings of the study the increasing usage of neo banks over traditional banks is driven by high levels of customer satisfaction with the services provided and also play a significant role in the adoption of neo banks. However, regulatory compliance remains a challenge for new banks. Opportunities lie in offering innovative and tailored financial products and enhancing user experience technologies. Despite the rising usage of neo banks, traditional banks are unlikely to be replaced in the future as both types of banks can coexist and serve different customer needs in the evolving banking landscape.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130317607","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE IMPACT OF DIGITAL FINANCIAL LITERACY ON FINANCIAL DECISION MAKING AMONG GUJARAT CITIZENS","authors":"Tejashwini Joshi, Trisha Mirchandani","doi":"10.55829/ijmpr.v2i2.157","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.157","url":null,"abstract":"Major objective of this study is to identify the perception of an individual regarding investment decisions, to major awareness for financial planning and to major financial literacy. The researcher has used both types of data primary and secondary data. The primary data were collected with the help of questionnaire through the online (google) form. The researcher has collected sample of 151 respondents who are the citizens of Gujarat state from different districts. The data were expressed by using different testing like reliability test, normality test, chi- square methods, descriptive statistics, frequency distribution, factor analysis and Kruskal - Wallis test. Respondents are highly preferred to invest their fund or saving in the security market or a stock market. The stock market and mutual funds are the most preferable options of investments. majority of the respondents are not financially literate, although they have some financial knowledge regarding financial planning and investments but they are not fully are about the financial planning and market. Only 40% respondents scored above 12 out of 18, that means a financial literacy level is very low.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"36 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131891774","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ASSESSING THE INFLUENCE OF NUDGE MARKETING ON CONSUMER DECISION MAKING IN E-COMMERCE: AN EXPLORATORY STUDY IN AHMEDABAD CITY","authors":"D. Desai","doi":"10.55829/ijmpr.v2i2.154","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.154","url":null,"abstract":"This study examines the impact of Nudge Marketing on consumer decision-making in the e-commerce industry, specifically in Ahmedabad city, India. Nudge Marketing is a strategy that uses subtle suggestions and reinforcements to influence consumer behaviour, and it has become increasingly popular in e-commerce. The study aims to explore the effectiveness of Nudge Marketing strategies, their potential implications, and their association with consumer behaviour and decision-making. The research employs an exploratory research design and collects data through the use of a questionnaire and personal interviews with 193 respondents selected through convenience sampling. The findings indicate that Nudge Marketing techniques have an association with consumer behaviour and decision- making, but their perception significantly impacts purchasing decisions. It is crucial to balance the use of Nudging with ethical considerations to avoid adverse effects. The study highlights the importance of a consumer-centric approach in Nudging and provides valuable insights for retailers looking to enhance their marketing efforts. Additionally, the research contributes to the ongoing discussion around the effectiveness of Nudge Marketing in the e-commerce industry and provides information for regulators and policymakers on how to formulate guidelines for companies to follow when using Nudging as a marketing tool.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"244 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116436288","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"IMPLEMENTATION AND EFFECTIVENESS OF NATIONAL EDUCATION POLICY (NEP): AN ACADEMIC PERSPECTIVE IN GUJARAT","authors":"A. Chauhan, Sonali B. Ramchandani","doi":"10.55829/ijmpr.v2i2.162","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.162","url":null,"abstract":"India's National Education Policy (NEP) was recently put into effect with the intention of bringing about a radical transformation in the educational field. The current study's objective is to conduct an academic investigation into the NEP's implementation and efficacy in Gujarat. The study is based on a survey of 217 respondents, who represent a range of ages, occupations, and income levels. In non-parametric tests, SPSS software is used. From an academic standpoint, the study offers insights into the application and efficiency of the NEP in Gujarat. It emphasizes the necessity of ongoing policy monitoring and assessment to ensure its success. The findings of this study can be useful for policymakers and educators to understand the challenges and opportunities in the implementation of the NEP in Gujarat and make necessary changes to improve the quality of education in the state.","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126241759","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ESTIMATION AND COMPARISON OF MASSTIGE VALUE OF RENOWNED FOOTWEAR BRANDS USING MMS SCALE","authors":"Muskan Chaurasia, V. Singh, K. Kumar","doi":"10.55829/ijmpr.v2i2.152","DOIUrl":"https://doi.org/10.55829/ijmpr.v2i2.152","url":null,"abstract":"The purpose of this conceptual paper is to assess and compare the masstige value of popular footwear brands, namely Bata, Adidas, Nike, and Puma, using the Masstige Mean Score Scale (MMSS) developed by Paul (2015). The study aims to determine which brand has successfully established a \"top-of-mind\" position based on mass prestige and the effectiveness of their masstige marketing strategy. Additionally, the paper examines the differences in masstige perception based on age, income, and gender among consumers. The research design involves the collection of primary data through questionnaires distributed to 205 Millennials and Generation Z consumers residing in different Indian states. The findings reveal that Adidas, a German brand, scores the highest in masstige value compared to Puma, Nike, and Bata. In addition, gender, income, and age significantly influence brand masstige, brand perception, and the propensity to pay premium prices for footwear brands. Therefore, the study provides valuable insights for footwear manufacturers to devise effective marketing strategies and tactics to enhance their sales in the Indian market. \u0000 ","PeriodicalId":224637,"journal":{"name":"International Journal of Management, Public Policy and Research","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126983939","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}