...hEALth AND hEALth CARE iNFRAStRUCtURE AND tRANSPORtAtiON iNtERNAtiONAL AFFAiRS LAW AND BUSiNESS NAtiONAL SECURity POPULAtiON AND AgiNg PUBLiC SAFEty SCiENCE AND tEChNOLOgy tERRORiSM AND hOMELAND SECURity C hina and India, the world’s most populous nations, have much in common: Each has more than 1 billion residents; each has sustained an annual gross domestic product (GDP) growth rate over the past decade that is among the world’s highest—9 percent for China and 7 percent for India; and each has been among the world’s most successful in weathering the storm of the recent global recession. Yet a closer look reveals stark demographic contrasts between the two nations that will become more pronounced in the coming decades. These differences hold implications for China’s and India’s relative economic prospects and point to sharply different challenges ahead for each nation to sustain and build on recent economic growth. Abstract Demographic contrasts between china and India will become more pronounced in the coming decades, and these differences hold implications for the countries’ relative economic prospects. china’s population is larger than India’s, but India’s population is expected to surpass china’s by 2025. china’s population is older than India’s and beginning to age rapidly, which may constrain economic growth, whereas an increasing percentage of India’s population will consist of working-age people through 2030, giving India an important demographic advantage...
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...hEALth AND hEALth CARE iNFRAStRUCtURE AND tRANSPORtAtiON iNtERNAtiONAL AFFAiRS LAW AND BUSiNESS NAtiONAL SECURity POPULAtiON AND AgiNg PUBLiC SAFEty SCiENCE AND tEChNOLOgy tERRORiSM AND hOMELAND SECURity C hina and India, the world’s most populous nations, have much in common: Each has more than 1 billion residents; each has sustained an annual gross domestic product (GDP) growth rate over the past decade that is among the world’s highest—9 percent for China and 7 percent for India; and each has been among the world’s most successful in weathering the storm of the recent global recession. Yet a closer look reveals stark demographic contrasts between the two nations that will become more pronounced in the coming decades. These differences hold implications for China’s and India’s relative economic prospects and point to sharply different challenges ahead for each nation to sustain and build on recent economic growth. Abstract Demographic contrasts between china and India will become more pronounced in the coming decades, and these differences hold implications for the countries’ relative economic prospects. china’s population is larger than India’s, but India’s population is expected to surpass china’s by 2025. china’s population is older than India’s and beginning to age rapidly, which may constrain economic growth, whereas an increasing percentage of India’s population will consist of working-age people through 2030, giving India an important demographic advantage...
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... India’s demographic advantage Contents S.no | particular | Page no. | 1 | introduction | | 2 | Stricture of India’s workforce | | 3 | Possible Indian workforce structure by 2020 | | 4 | Comparison of India’s workforce with china china’s workforce | | 5 | Advantages of India’s Demographic Dividend * Cheap labor * Exporting labor force to other countries * Inflow of foreign currency * More Business Activities in Economy * No adverse impact of Recession in Economy * Contribution in Capital Formation * Contribution in Public Revenue * Other advantages of Indian demographic | | Introduction A HAPPY development in recent times has been the increasingly frequent talk about the positive side of our country. Since Independence, we have been generally witnessing only a series of negative cynical comments in the media. As Indians we must be the most self-critical set of people in the world, but this mindset seems to be changing. Among the positive talk has been the reference to India's demographic advantage. We are a billion strong — in the same class as China — and we also have an edge over China. Thirty seven (37) per cent of our population is in the 15-35 years age group against 25 per cent in China.This at a time when developed countries are having a declining population, most of which is becoming increasingly grey. The social security systems in these countries...
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...Impact of Technology and Workforce Diversity on the Corporate Sector | Keerthi Purushothaman III B.A. Corporate Economics 10CEM28 | Introduction With the onset of globalization, the corporate sector has transformed in many ways. It has adopted new work policies and adapted to new technologies. The impact of technology and workforce diversity on corporates is an area of growing importance. In a multicultural nation such as India, workforce diversity has a huge impact on business. With the expanding innovations in technology, businesses are forced to explore and adapt to new technologies in order to make the processes faster and more effective. This is also important for them to be able to stay ahead of the game and face competition. Businesses today use technology in almost every facet of operation. They communicate with advanced network systems; they analyze data and plot forecasts using complicated programs; they utilize all types of digital media for marketing campaigns; and they streamline operations with new inventory and check-out systems. Technology is not without its downsides, but business cannot deny the impact it has had on every level. As we enter the 21st century, workforce diversity has become an essential business concern. In the so-called information age, the greatest assets of most companies are now on two feet (or a set of wheels). Undeniably, there is a talent war raging. No company can afford to unnecessarily restrict its ability to attract...
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...International trade logistics could be termed is reflection of Governmental Policies, Geopolitics, foreign relations ,World Economy, Infrastructure development, Skilled workforce and Secured Supply Chain etc. Governmental policies: Exchange logistics may be characterized as the procedural and narrative foundation of generation and transport logistics which empowers cargo to change hands by method for business exchanges. At the heart of exchange logistics lies the arrangement of guidelines overseeing business reports and systems, saving money what's more, money related securities, transport and delivering bills, and shows which control worldwide streams of products by organizing supply and request from vender to purchaser and of installment from purchaser to dealer. The merchandise's physical development from creation to last destination may be prove by proper records. Installment, be that as it may, is affected by trust between the business parties, their requirement for money, and by administrative exchange arrangements and trade control regulations. Thusly, the "narrative credit" procedure is at the heart of exchange logistics, and is a critical universally perceived strategy by which installment of universal exchange emerges Geo-politics: Worldwide worth chains have turned into a predominant element of the world economy. With creation progressively divided and frequently disseminated crosswise over national limits, accomplishment in worldwide exchange depends...
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...India The Republic of India is a country located in South Asia and the capital is New Delhi. It is the seventh largest country in the world, slightly more than one third the size of the United States. It is also the second most populated country with over 1.22 billion people. India’s economy is continuing to grow and based on the purchasing power parity, it is the third largest in the world at 4.76 trillion dollars. India is also the second largest in the world when it comes to workforce. India’s three major economic sectors are: agriculture, industry, and services. The original official currency of India is the Indian rupee. The Indian rupee has been falling against the US dollar, as shown in the graph below. The exchange rate between the Indian rupee and the US dollar over the past five years are: 43.319 in 2008, 48.405 in 2009, 45.726 in 2010, 46.671 in 2011, and 53.437 in 2012. (CIA) This means that one US dollar is equivalent to 53.437 rupees, in the year of 2012. This also means that the value of rupee is depreciating. A weaker rupee has its pros and cons. A weaker currency will make imports more expensive, the price of oil and other materials to import from foreign countries will go up. Since one of the big imports of India is crude oil, it only makes the economy worse. Higher oil price means higher transportation price, so therefore producing products will be more expensive and that leads to higher inflation. Rupee depreciation has its bright side for companies that...
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...Estate, FMCG, Industrial Engineering, Electronic Appliances, Furniture, Security and Agri-care Revenue: Rs 1833 crore Employees: More than 18000 Subsidiaries: GCPL, Godrej Infotech Ltd, Godrej Industries Ltd, Godrej Properties, Godrej Agrovet Website: www.godrej.com Introduction to Corporate: Godrej Group consists of 2 corporate entities: 1. Godrej Consumer Products 2. Godrej Industries Godrej Industries Ltd. (GIL) is India’s leading manufacturer of oleo-chemicals and makes more than a hundred chemicals for use in over two dozen industries. It also has a major presence in food products such as refined oil and tetra pack fruit beverages. Besides, it operates businesses in medical diagnostics and real estate. Besides its three businesses, Godrej Industries also runs 4 divisions- Corporate Finance, Corporate HR, Corporate Audit and Assurance and Research & Development- which operate on behalf of the entire Godrej Group. GIL has built a strong manufacturing base capable of delivering international quality products at competitive prices. It operates two plants, one at Valia in the Indian state of Gujarat and a second at Vikhroli in suburban Mumbai. The company’s products are exported to 40countries in North and South America, Asia, Europe, Australia and Africa, and it leads the Indian market in the production of fatty acids, fatty alcohols and AOS. Godrej Consumer Products (GCPL) is a leader among India’s FMCG companies, with leading Household and Personal Care Products like...
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...economy that has evolved over a period of 65 years since its independence. The country has grown economy-wise and population-wise since 1950 and the major contributors to Gross Domestic Product (GDP) has gradually shifted from agricultural sector to the services sector. Widespread globalization of industries and liberalization of trade along with technological advancements have played an important role in adding to its growth. In terms of Purchasing Power Parity India took position as the world’s third largest economy in April 2014 replacing Japan proving to be one of the fastest growing economies of the world (“India displaces Japan,” 2014). For the purpose of clearly understanding the major contributors and policies to the effect India’s growth and development, I have conducted my research under the primary, secondary and tertiary sectors using graphs and figures to explain whenever required. The primary sector being Agriculture, the secondary sector being Industry and the tertiary sector being Services have also been analyzed to indicate the major trading partners of India. A sufficient period of time has been considered for the purpose of this assessment to provide good insight on the topic. The paper will also further discuss some of the recent policy measures taken to further improve the growth of India. MAJOR POLICY REFORMS THAT INFLUECED TRADE AND GROWTH POST LIBRALIZATION Following independence India believed in being...
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...STRATEGIC HUMAN RESOURCE MANAGEMENT Summary of A Case Study on ‘Job Creation’ in India Submitted to: Dr. Debashish Sengupta By- Avinash Kumar Nirala 12010121071 OLS MBA JULY 2012-14 Case Study: God of jobs not smiling on India Context With 1.2 billion people and the world’s 4th largest economy, India’s recent growth and development has been one of the significant achievements of our times. India has the largest and youngest workforce in the world. At the same time, the country is in the midst of massive wave of urbanization as some 10 million people move to towns and cities each year in search of jobs and opportunity. For the last two decades, India has had one of the world's fastest-growing economies. Even in recent years, when the global recession and complacent policymaking have slowed progress, growth has remained a healthy 5 percent to 6 percent. However, India's economy in 2013 is slowing down consistently according to the latest government figures. For the April-to-June quarter, it grew at a rate of 4.4%, compared with the same period in the previous year. On August 28, 2013 rupee hit an all-time low of 68.80 against US dollar. According to the official estimates, Indian economy was expected to grow at 7.6% in the fiscal year 2012–2013. However, leading financial organizations and economic think-tanks expect Indian economy to grow slower than official projections. In the end, India ended up growing 5% during the 2012-2013 fiscal years. Presently...
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...Unorganised sector Unorganised sector can be defined as a part of the workforce which has not been able to organise in pursuit of a common objective because of constraints such as casual nature of employment, ignorance and illiteracy, small size of establishments with low capital investment, per person employed, scattered nature of establishments, superior strength of the employer etc. According to National Commission, “The unorganized Sector consists of all private enterprises having less than ten total workers, operating on a proprietary or partnership basis.”Some examples of unorganised sector occupation are agriculture, construction, artisans, weavers, fishing, poultry farming etc. According to statistics of Ministry of Labour (2008), UW is classified into four groups: 1. Occupation 2. Nature of employment 3. Service Category 4. Special Category Broadly, the following can be treated as having informal employment: (i) own-account workers employed in their own informal sector enterprises (ii) employers employed in their own informal sector enterprises (iii) contributing family workers, irrespective of whether they work in formal or informal sector enterprises (iv)members of informal producers cooperatives (v) employees holding informal jobs in formal sector enterprises, informal sector enterprises, or as paid domestic workers employed by households (vi) own-account workers engaged in the production of goods exclusively for own final use by their household The...
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...A Document On BRICS BY A C S Trinadh A-25 Subhasis Nandi A-26 Vaneet Kumar A-31 Bharat Baid A-43 From BRIC to BRICS: An Overview 1. Introduction This chapter gives an overview of the country, economic and trade profiles of the BRICS with some basic sectoral and trade policy framework analysis to highlight the potential for collaboration amongst these five emerging economies. Selected trade-related excerpts of the Delhi Declaration and Action Plan of March 2012 are reproduced in the concluding The significance of BRICS lies in their potential dynamism in an otherwise gloomy global economy fraught with concerns over the near term and future prospects of the Euro Zone and the United States. Europe and the United States were drivers of economic and trade growth in the 19th and 20th centuries, respectively. The 21st century potentially belongs to BRICS and other emerging economies. 2. Country Profiles To understand and analyze BRICS as a group, it is necessary to understand how these five emerging giants spread across four continents are situated in the global context. The BRICS together accounted for over a quarter of the world’s GDP (in PPP terms)...
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...How To Feed A Billion. And Why It Pays Shoma Chaudhury | Aug. 30, 2013, 2:19 AMArticle views - 186 The Food Security Bill is not a spend; it is an investment, crucial for India’s future and growth On 26 August, after months of wasted sessions, the Lok Sabha finally passed a historic legislation: the Food Security Bill . Many Indians woke two days later to headlines that the rupee had nosedived and the Indian markets had been “food poisoned”. It was a smart phrase. It captured the horror industry and what investors feel about the Bill. But it also epitomised the damaging hysteria and misinformation around it. It captured one of India’s most harsh dividing lines. In the summer of 2012, I travelled with economists Jean Drèze and Reetika Khera through some of Uttar Pradesh ’s most impoverished districts. They were on a fact-finding mission, going door-to-door in the searing sun, asking people whether they had enough to eat and whether the government’s Public Distribution System (PDS ) reached them. It was a deeply humbling experience. In hut after hut, one was confronted by the sheer absurdity of the Indian situation. In some of the country’s most forsaken landscapes — dust and bare scrub for miles, not even the possibility of employment anywhere — destitute, bone-thin families produced their pink and white ration cards with utter bewilderment. The first, a BPL card — below poverty line — entitled them to rice, wheat, and some sugar. The second, an APL card — above poverty...
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...INTRODUCTION Country risk refers to the risk of investing or lending in a country, arising from possible changes in the business environment that may adversely affect operating profits or the value of assets in the country. For example, financial factors such as currency controls, devaluation or regulatory changes, or stability factors such as mass riots, civil war and other potential events contribute to companies' operational risks. This term is also sometimes referred to as political risk; however, country risk is a more general term that generally refers only to risks affecting all companies operating within or involved with a particular country. Many investors choose to place a portion of their portfolios in foreign securities. This decision involves an analysis of various mutual funds, exchange traded funds (ETFs), or stock and bond offerings. However, investors often neglect an important first step in the process of international investing. When done properly, the decision to invest overseas begins with determining the riskiness of the investment climate in the country under consideration. Country risk refers to the economic, political and business risks that are unique to a specific country, and that might result in unexpected investment losses. This country risk analysis is a fundamental step in building and monitoring an international portfolio. Investors that use the many excellent information sources available to evaluate country risk will be better prepared...
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...IBM’s International Assignment in India ------------------------------------------------- Executive Summary Despite years of war and economic setbacks, India has emerged as one of the world’s most promising emerging markets. Many international firms have sought to gain a foothold in India for two reasons. One reason is to target a massive market with the fourth largest purchasing power in the world, and another is to utilize a seemingly abundant supply of low cost yet skilled English speaking labor. IBM is one of these companies and has seen great success in India in the past decades. IBM’s Indian subsidiary now earns 30% of the company’s total revenue, but recent changes in both India and IBM present a new set of challenges for the company’s continued presence in India. This paper seeks to identify these challenges and offer potential solutions to how IBM can continue to grow their highly profitable operations in India. Vivek Sahay Roni Sims Hank Scurry Nidhi Prakash Spoorthi Purumala India Overview With the world’s fourth largest GDP in purchasing power parity and second largest population base, India has been a popular market in the past two decades, particularly in the IT sector. The country has undergone a lot of growth in the past century. After becoming independent from British rule in 1947, the subcontinent underwent a period of violence, including two wars with Pakistan and one with China. The last war ended in 1971; however, tensions with both the countries remain...
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...Labour market Definition The nominal market in which workers find paying work, employers find willing workers, and wage rates are determined. Labour markets may be local or national (even international) in their scope and are made up of smaller, interacting labour markets for different qualifications, skills, and geographical locations. They depend on exchange of information between employers and job seekers about wage rates, conditions of employment, level of competition, and job location. MRF Madras Rubber Factory, popularly known as MRF, is a major tyre manufacturing company located in Chennai, Tamil Nadu, India. The name was later changed as "Manorama Rubber Factory". MRF is mainly involved in making vehicle tyres. It is India's largest tyre manufacturing company, and among the dozen largest worldwide. It exports to more than 65 countries.MRF is the sister concern of the leading malayalam daily "Malayala Manorama".The founder of the MRF, Mr.K.M.Mammen Mappilai was the brother of late Mr.K.M.Mathew, ex-chief editor of "Malayala Manorama" Natural rubber is produced primarily in three countries: * Thailand * Malaysia * Indonesia A leader in the category MRF holds the No.1 position for the last 21 years. Established as toy-balloon manufacturing company in 1946 by KM Mammen Mappillai, MRF quickly emerged as the leading maker of tread rubber. Since then, the company hasn't looked back. The fact that it is the first tyre company in India to reach a turnover of...
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