...constitutes a child,child worker or child labour.For a large number of children who are forced to work in situations that compromise their developmet,child labour is an abuse of their fundamental human rights.The principal reason why such work is seen as morally and socially unacceptable is that such work hinders ‘the harmonious physical and mental development of the child’ (Murshed 2001).Child labour is mostly concentrated in Asia and Africa,which together account for more than 90 % of the total child employment.Asia is led by India which has more than 44 million child labourers and the largest child workforce in the world(Siddiqi & Patrinos n.d). The research is aimed at exploring factors that perpetuate child labour in India and study the policy implications for the international community with respect to trade,labour market regulation and legislation,role of international agencies and multinational companies and the need for increasing international awareness.The study elabotrates the demand and supply side factors of child labour and provides a valuable insight primarily into the role played by the international community along with national governments in curbing the growing problem of child labour in developing countries like India. REVIEW OF LITERATURE In view of the inadequate literature on the economic consequences of child labour,Galli (2001) points out the importance of the study...
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... * Reforms on agricultural lands. * Currency problem. * Financial problem in public. * Taxation policy. * Industrial growth on national level. * Economic development. * Socialism of state. * Miscellaneous economic Problems. I. Economy enterprises. II. Over population III. Upliftment of women for economic development. IV. Human capital. V. Hindu economy. (1) Reforms on agricultural land:- After long study on Indian agriculture Ambedkar recognised that problems of agriculture related to farmers should be solved, in one of his article i.e. "Small Holdings in Indian and their remedies"(1917) and also in "Status and minorities"(1947) he has suggested some reforms which has included in the manifesto of the "Swatantra Majdur Paksha"and the Scheduled caste Federation. Ambedkar recognized that small subdivided and fragmented holdings of land are the major problem of Indian agriculture with affects. It has resulted in various disadvantages, and there were difficulties in cultivation and utilization of resources increasing cost, low productivity, inadequate income, Low standard of living etc. According to Dr. Ambedkar reforms on agriculture is not related only with the size of holdings but also with other factors such as capital, labour and other inputs, so the concept of "Idea of Economic holdings is very much clear". If capital labour is not available in large amount so the quality of large size holdings may become unproductive, or its...
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...Impact of globalization on Indian economy- An overview By: Tanveer Malik Introduction Indian economy had experienced major policy changes in early 1990s. The new economic reform, popularly known as, Liberalization, Privatization and Globalization (LPG model) aimed at making the Indian economy as fastest growing economy and globally competitive. The series of reforms undertaken with respect to industrial sector, trade as well as financial sector aimed at making the economy more efficient. With the onset of reforms to liberalize the Indian economy in July of 1991, a new chapter has dawned for India and her billion plus population. This period of economic transition has had a tremendous impact on the overall economic development of almost all major sectors of the economy, and its effects over the last decade can hardly be overlooked. Besides, it also marks the advent of the real integration of the Indian economy into the global economy. This era of reforms has also ushered in a remarkable change in the Indian mindset, as it deviates from the traditional values held since Independence in 1947, such as „self reliance” and socialistic policies of economic development, which mainly due to the inward looking restrictive form of governance, resulted in the isolation, overall backwardness and inefficiency of the economy, amongst a host of other problems. This, despite the fact that India has always had the potential to be on the fast track to prosperity. Now that India is in the process...
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...China Microfinance Industry Assessment Report By He Guangwen, Du Xiaoshan, Bai Chengyu, and Li Zhanwu China Association of Microfinance Feb. 17, 2009 This report has been jointly accomplished by Prof. He Guangwen, Director of Rural Finance and Investment Research Center of China Agricultural University (CAU), Prof. Du Xiaoshan, Deputy Director of Rural Development Institute of China Academy of Social Sciences (CASS) and Chairman of Board of Directors of China Association of Microfinance (CAM), Mr. Bai Chengyu, Director of Division III of China International Centre for Economic and Technical Exchange (CICETE) and Secretary General of CAM with the support of the Network Strengthening Program (NSP) of CAM. Mr. Li Zhanwu, Division Director of Ministry of Human Resource and Social Security, Dr. Li Lili of Henan University of Finance and Economics, Dr. Zhang Zhengping, Associate Professor of Beijing Technology and Business University, Dr. Yang Jing of Beijing Material College, and Li Yaning, Yang Lu and Wang Dan from CAU have also joined the research work. Besides, this report has obtained the guidance and assistance from Ms. Wang Dan, Managing Deputy Secretary General of CAM, and the experts of SEEP. Mrs. Wang Li, President of Social Responsibility Department of Citi China has provided strong administrative and professional support. Hereby, special thanks should be given to the above fellows. For more information, pls contact Prof. He Guangwen at heguangwen@sina.com 1 ...
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...B-120203023 | 03 | LAMIA AKTER | B-120203036 | 04 | ASIF AL SAIF | B-120203139 | 05 | MAHMUDUL HASSAN | B-120203102 | 06 | MOHAMMAD MEHADI HASAN | B-120203097 | 07 | ROMANA AKTER PRIA | B-120203059 | 08 | MITHUN KUMER | B-120203041 | 09 | MD.ABU SAYED | B-120203026 | 10 | MOHAMMAD RUHUL AMIN | B-120203062 | TABLE OF CONTENTS SL. NO. | PARTICULARS | PAGE NO. | 1 | ABSTRACT | 4 | 2 | INTRODUCTION | 5-6 | 3 | LITERATURE REVIEW | 7-10 | 4 | METHODOLOGY | 11 | 5 | ANALYSIS | 11-21 | 6 | FINDINGS | 22 | 7 | RECOMMENDATION | 23 | 8 | CONCLUSION | 25 | 9 | REFERENCES | 26 | Effects of Public Expenditures on the distribution of income Abstract Income inequality between rich and poor as well as rural-urban...
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...Insurance Industry – Road Ahead Path for sustainable growth momentum and increasing profitability kpmg.com/in Foreword The Insurance industry in India has undergone transformational changes over the last 12 years. Liberalization has led to the entry of the largest insurance companies in the world, who have taken a strategic view on India being one of the top priority emerging markets. The industry has witnessed phases of rapid growth along with spans of growth moderation, intensifying competition with both life and general insurance segments having more than 20 competing companies, and significant expansion of the customer base. There have also been number of product innovations and operational innovations necessitated by increased competition among the players. Changes in the regulatory environment had path-breaking impact on the development of the industry. While the life insurance industry got affected by the introduction of cap in charges, the general insurance industry got impacted by price detariffication and Motor third party risk pooling arrangements. While the insurance industry still struggles to move out of the shadows cast by the challenges and uncertainties of the last few years, the strong fundamentals of the industry augur well for a roadmap to be drawn for sustainable long-term growth. The available headroom for development, sustainable external growth drivers, and competitive strategies would continue to drive growth in the gross written premiums. However...
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...Will Reforms Enable Outreach? M-CRIL Review of Rural Banking in India: Working Paper 1 Micro-Credit Ratings International Limited 602 Pacific Square, 32nd Milestone NH8, Gurgaon 122 001 INDIA Telephone: +91 124 230 9497, 230 9707, 405 0739, 426 8707; Fax: +91 124 230 9520 e-mail: contact@m-cril.com ; website: www.m-cril.com Study Sponsored by Swiss Agency for Development and Cooperation Micro-Credit Ratings International Limited Table of Contents Section Background Executive Summary 1 2 3 4 Introduction The Importance of Rural Banks Recent Performance of the Rural Banking System Reforms and the Rural Banks 4.1 A huge effort to reform the cooperative system 4.2 Sensible proposals for reorienting the Regional Rural Banks but… 5 Will Reforms Enable Inclusion? 5.1 Cooperative reform – is it good money after bad? 5.2 RRB reform – has the inclusion objective been sidelined? 6 Conclusion Page v vii 1 3 7 8 8 12 15 15 17 18 M-CRIL Review of Rural Banking in India Background This study follows from the discussion of issues in the performance of Regional Rural Banks (RRBs) written by Sanjay Sinha, Managing Director, M-CRIL and published in The Economic Times (newspaper) on 17 March 2007. In relation to financial inclusion, many of the issues raised there affect the performance of cooperative banks as well as the RRBs. These issues include • The effect of government ownership of RRBs on their ability to operate efficiently and effectively to fulfil the financial inclusion...
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...1 National Employment Policy and Strategy of Ethiopia November 2009 Addis Ababa ii Acronyms AIDS ART CETU CSA EEF EPRDF ERP FDI GDP HERQA HICES HIV ICT IHDP IMF M&E MDG MFI MOFED MSE NEC NEPS NES NGO PASDEP PSNP TVET UEAP Acquired Immunity Deficiency Syndrome Anti-retroviral Therapy Confederation of Ethiopian Trade Unions Central Statistical Agency Ethiopian Employers’ Federation Ethiopian People’s Revolutionary Democratic Front Economic Reform Program Foreign Direct Investment Gross Domestic Product Higher Education Relevance and Quality Agency Household Income and Consumption Expenditure Survey Human Immunodeficiency Virus Information and Communication Technology Integrated Housing Development Program International Monetary Fund Monitoring and Evaluation Millennium Development Goals Micro-finance Institutions Ministry of Finance and Economic Development Micro and Small Enterprises National Employment Council National Employment Policy and Strategy National Employment Secretariat Non-governmental Organization Plan for Accelerated and Sustainable Development to End Poverty Productive Safety Net Program Technical and Vocational Education and Training Universal Electricity Access Program iii Table of Contents Foreword ............................................................................................................................ iv PART ONE Background ......................................................................................................
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...objectives of the Millennium Development Goals. The specific objectives are to: i. Review the source of finance of public expenditure and private sector investment. ii. Analyze government expenditure and private investment at sectoral level. iii. Review the fiscal and monetary policy in quest of developing a conducive framework for financing economic growth and poverty reduction. iv. Review the financing policies of the government related to social development and poverty (including policies related to health, education, women, children, indigenous people, etc.). v. Explore the challenges and options for resource mobilization to finance public expenditure and private investment. Methodology In congruence with the objectives of the study, a draft outline for the study and a framework for reviewing the national policies were prepared. While preparing the outline, the following issues were considered: analyzing past and ongoing policy reforms and their implications to growth and poverty reduction; reviewing revenue and development expenditure patterns in the national budgets, their sources and trends, identifying challenges and options; analyzing source of rural financing and agricultural credit, related policy environment and implications, identifying future challenges and options; analyzing sources of financing of small and medium enterprises, related...
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...ANALYSIS OF FMCG INDUSTRY IN INDIA IIM – LUCKNOW, IPMX (2015-16) MANAC PROJECT (TERM I) – GROUP 11 FOR SUBMISSION TO PROF. PRAKASH SINGH Compiled By: 1. Prateek Dashora (IPMX08035) 2. Shreyas Bakshi (IPMX08047) 3. Siddhartha Chatterjee (IPMX08049) 4. Supriyo Chakraborty (IPMX08051) 5. Susmit Majumdar (IPMX08054) TABLE OF CONTENTS Table of Contents Choice of Industry: FMCG............................................................................................................................................................................................ 2 Macro Factors Affecting the Industry ................................................................................................................................................................. 4 Industry Characteristics.............................................................................................................................................................................................. 6 Major Accounting Policies of the Industry ................................................................................................................................................... 10 Impact of IFRS ................................................................................................................................................................................................................. 14 Major Deviations in Acccounting Policy of Major Players of the Industry...............
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...In more recent period, resistance to industries with various excuses has been witnessed. This is understandable because the policies pursued by the Left Front government have earned the confidence of the investors and an ambience of rapid industrial development has been created in the state. The chambers of commerce and industries, big industrial houses, foreign and domestic investors and even the die-hard critics of the Left have been appreciating the role of the state government and its policy framework. It needs to be mentioned that the process of industrial development of West Bengal has its own history. From the colonial days to the period prior to the country’s independence, the state occupied a pre-eminent position in the manufacturing, iron & steel, textile, jute, tea and other sectors. Its growth in the cottage & small scale sector was equally impressive in first decades in the post independence period. However, the development process had to face many problems in the years that followed for a variety of reasons. Among them the policies of the successive central governments like freight equalisation and manifest bias through licensing system were crucial. These, along with lack of policies of the then Congress government in the state, led to the sluggish industrial growth. The socio-political unrest from the 60s also negatively impacted on the investment climate of the state as well as engineered the flight of capital to other regions. The negative perception...
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...INTRODUCTION 3 2.0 PORTER’S NATIONAL DIAMOND ANALYSIS 3 2.1 THEORETICAL FRAMEWORK 4 2.2 FACTOR CONDITIONS 5 2.3 DEMAND CONDITIONS 6 2.4 RELATED & SUPPORTING INDUSTRIES 7 2.5 FIRM STRATEGY, STRUCTURE & RIVALRY 7 3.0CONTEMPORARY MANAGEMENT ISSUES 8 3.1 CORPORATE SOCIAL RESPONSIBILITY 8 3.2 CORPORATE GOVERNANCE 10 4.0 MARKET ENTRY STRATEGIES 11 4.1 JOINT-VENTURE 11 4.2 DISTRIBUTION SYSTEM 12 5.0 CONCLUSIONS 13 6.0 REFERENCES 14 1.0 INTRODUCTION The purpose of this paper is to discuss and evaluate the attractiveness of the food retail industry in India. Research on the Indian food retail industry will be executed to construct an analysis of the overall competitiveness and investment attractiveness. In Part 1, the researcher will apply the extended version of Porter’s National Diamond (PND) model to the Indian food retail industry. In Part 2, two key management issues will be taken into account and analysed before developing any further operations into the Indian food retail industry. In Part 3, two market entry strategies will be selected, compared, and discuss the advantages and limitations of each to determine the optimal strategy to be implemented in regards to the Indian food retail industry. 2.0 Part 1: PORTER’S NATIONAL DIAMOND ANALYSIS India has experienced significant social and economic change as of late, enabling a solid consumer market for foreign retailers. According to UNICEF, the Indian economy has been booming, with an average GDP growth rate...
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...RETHINKING THE EAST ASIAN MIRACLE JOSEPH E. STIGLITZ AND SHAHID YUSUF Editors RETHINKING THE EAST ASIA MIRACLE JOSEPH E. STIGLITZ AND SHAHID YUSUF Editors A copublication of the World Bank and Oxford University Press i Oxford University Press Oxford • New York • Athens • Auckland • Bangkok • Bogotá • Buenos Aires • Calcutta • Cape Town • Chennai • Dar es Salaam • Delhi • Florence • Hong Kong • Istanbul • Karachi • Kuala Lumpur • Madrid • Melbourne • Mexico City • Mumbai • Nairobi • Paris • São Paulo • Singapore • Taipei • Tokyo • Toronto • Warsaw and associated companies in Berlin • Ibadan © 2001 The International Bank for Reconstruction and Development / The World Bank 1818 H Street, N.W., Washington, D.C. 20433, USA Published by Oxford University Press, Inc. 198 Madison Avenue, New York, N.Y. 10016 Oxford is a registered trademark of Oxford University Press. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of Oxford University Press. Cover design and interior design by Naylor Design, Washington, D.C. Manufactured in the United States of America First printing June 2001 1 2 3 4 04 03 02 01 The findings, interpretations, and conclusions expressed in this study are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations...
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...Development Studies Rural Development The economy of Bangladesh is based on agriculture. When the question of development arises in this society, the question of rural development comes automatically. It has been accorded the highest priority in our development strategy. It aims at qualitative change in the life pattern of our people. Definition of Rural Development: Rural development is the betterment in the totality of life for rural people. According to World Bank (2006), “Rural development is a strategy designed to improve the economic and social life of a specific group of people-the rural poor.” The Objectives of Rural Development: The objectives encompass improved productivity, increased employment and thus higher incomes and health. A national programme of rural development should include a mix of activities, including to projects to raise agricultural output, create new employment, improve health and education, expand communications and improve housing. Importance of Rural Development: For a country like Bangladesh, rural development is important. The reason behind this is that most of the people of the country are living in the villages. There is a direct link between the rural development and the development of our national economy. The rural sectors contribute about two-thirds of the GDP. We can achieve our cherished goal of financial development by the development of our villages which hold the key to our success. Specific Targets of Rural Development: ...
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...Development as a Multi-dimensional Process • Three Core Values of Development — Development, Freedom and Opportunities — Human Development • Sustainable Human Development • What Makes Development Unsustainable? • Policy for Sustainable Development — Human Development Index — Progress and Setbacks in Human Development • Advances in Human Development—A Global Snapshot • The Limits to Human Development `• The End of Convergence? • India—A Globalization Success Story with a Mixed Record on Human Development — National Human Development Report - 2001 • Indicators — State of Human Development in India • State Level 2. The Environment and Development. 46 — Introduction — The Basic Issues • Sustainable Development and Environmental Accounting • Population, Resources, and the Environment • Poverty and Environment • Growth versus the Environment • Rural Development and the Environment • Urban Development and the Environment • The Global Environment — Consequences of Environmental Damage — The Indian Case • Consequences of Environmental Plunder — Public Policy SECTION - II Indian Economy at Independence 3. India's Economy at Independence. 57 — Introduction — The Relative Importance of Various Industrial Activities • Composition of National Income — The Working Force ...
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