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Title: Impact of Innovative HR Practices on Organisations Performance with Reference to IT Sector

Abstract: The dynamic and competitive landscape of the Information Technology (IT) sector necessitates a strategic focus on Human Resource (HR) practices to enhance organizational performance. This study investigates the impact of innovative HR practices on organizational performance, with a specific reference to the IT sector in Gurugram. Through a comprehensive examination of HR initiatives, the research aims to contribute insights into the relationships between innovative HR practices and key performance indicators in IT organizations. The study employs a quantitative research design, utilizing surveys and interviews to collect data from IT professionals and HR practitioners in Gurugram. Data analysis involves both descriptive and inferential statistics, with regression analysis and correlation techniques used to examine the relationships between innovative HR practices and organizational performance. Findings from the study are discussed in the context of existing literature, interpreting implications for HR practitioners and organizational leaders in the IT sector in Gurugram. The study contributes to the academic understanding of the impact of innovative HR practices on organizational performance in the IT sector, providing practical insights for HR practitioners to enhance strategic human resource management. The findings aim to inform decision-making and facilitate the adoption of effective HR strategies to foster sustainable organizational success in Gurugram's IT industry.

By Swati Sharmaa*, Isha Jainb
In Volume: 12,Issue: 2
Title: Fourth Industrial Revolution is the AI Revolution: With Reference to Different Industry Perspective

Abstract: The World Economic Forum's founder and executive chairman, Klaus Schwab, coined the phrase "fourth industrial revolution" to characterize a situation in which people use linked technology to facilitate and govern their lives, allowing them to seamlessly transition between offline and digital worlds. Our lives and economy are drastically altered by the first industrial revolution, which replaces the rural and handicraft economies with one dominated by industry and machine production. During the second industrial revolution, mass manufacturing is facilitated and accelerated by oil and electricity. Information technology was introduced during the third industrial revolution and was utilized to automate production. The industrial revolutions are sometimes seen as distinct events, but when taken as a whole, they make more sense as a chain of developments that built on the inventions of the preceding revolution and resulted in increasingly sophisticated modes of production. The so-called fourth industrial revolution, which includes a number of cutting-edge technologies and has the potential to advance faster and more broadly than any previous period in human history, might see artificial intelligence completely transform everything. The government, academia, business, and civil society are all interested in comprehending the complex effects of the impending industrial revolution, but it is difficult to forecast how it will unfold. Experts believe that while developing technologies could be extremely beneficial to humanity, they also carry a risk to our very existence. If we talk with reference to India, Artificial intelligence is still at the start of business developments in all levels. This article discusses the major features, benefits, risks, opportunities and challenges of the fourth industrial revolutions with respect to Artificial intelligence with reference to various industries in India.

By Vertika Agarwala*, Gaurav Goyalb
In Volume: 12,Issue: 2
Title: Sustainable Development Goals (SDGs) 2030 - Challenges for India

Abstract: Sustainable Development Goals are a set of global goals that aim to tackle pressing environmental and socio economic challenges before 2030. India is one of the most diverse and populous nations in the world, and as such, it faces unique challenges and opportunities when pursuing these ambitious goals. This paper examines India's challenges in achieving its SDGs. It highlights key concerns and offers insights on potential strategies to achieve success. This paper provides an overview of all 17 SDGs. It emphasizes their inter connectedness and relevance to India's current development. The paper then focuses on the challenges India faces in such areas as poverty reduction, access to healthcare, education, equality of gender, adoption of clean energy, and sustainability. The challenges of India are discussed in the context of its socio-cultural economic and political system. This research focuses on identifying the barriers that prevent India from achieving its SDGs. This includes disparities in income, insufficient infrastructure, gaps and in healthcare, education disparities, as well as environmental degradation. The paper also stresses the importance of regional differences in development, and inclusive policies to ensure that no one is left behind. This paper highlights notable initiatives and innovative solutions that can help India meet the challenges of SDGs. These include successful social-entrepreneurship models, public-private partnership, and technological solutions which have the ability to accelerate progress towards the SDGs. The research document concludes with a call to action for India to address the many challenges it faces as they strive towards the SDGs. The paper calls for an integrated and holistic approach that recognizes the interconnectedness between the goals, and requires multi-stakeholder cooperation. The paper also advocates data-driven systems of monitoring and evaluation to monitor progress and promote accountability.

By Richa Jain*
In Volume: 12,Issue: 2
Title: Social Policy Imperatives: Addressing Gaps in Skills and Education to Ameliorate Child Labour in Bangladesh

Abstract: Child labour hampers social equality and threatens their future interest. The last two decades represented a slowing down of the global pace of reduction in child labour. Moreover, the pandemic and wars, including economic crises over the past years have further stalled progress toward the goal of eliminating the worst forms of child labour. For this country, a disturbing fact is substantial rise in the figure of employed children in the age group of 12-13 years—from 0.04 million in 2013 to 0.59 million in 2022—and their involvement in perilous work, which has more than doubled in the last ten years. The Bangladesh Bureau of Statistics’ National Child Labour Survey of 2022 documents that out of 39.96 million children, 1,068,212 children (aged 5 to 17 years) are in remunerated or low-paid work, and amongst them, 60 percent are involved in hazardous child labour. In the interest of sustaining development gains, child labour needs to be cogently addressed. This study suggests a paradigm shift within a social policy imperative, due to the absence of an implemented and effective social protection strategy (notwithstanding the National Social Security Strategy that could successfully encompass this group) No implementation strategy has been articulated in NSSS. This study devises solutions that take into cognizance the socio-economic and structural constraints, for amelioration of child labour in Bangladesh. Also, policies have been recommended here: by drawing upon NGO initiatives in Bangladesh, as well as author’s projection of innovative strategies to keep children attentive and keen. An idea of best practice from RSBY (India) and ID cards for support of street children and poor, has been given. A child centered development for improving their skills and education, leading to entry into trading, or remunerative activity through placements, have been delved into, for quick improvements in their situation. It would assist in developing more sensitive policies and its implementation, in future.

By Anwara Begum*
In Volume: 12,Issue: 2
Title: A Study on Online Banking System of City Bank Ltd.

Abstract: With the development of technology, it was essential that banks and patrons transition to the new online-banking method. Therefore, this study looked into the obstacles that City Bank Ltd. clients had in implementing online banking. This study used a descriptive study to gather primary information from 40 City Bank Ltd. respondents. The respondents were chosen by a straightforward random sample. According to the study's findings, customers' adoption and use of online banking was significantly hindered by the accessibility of in sequence on e-banking, their level of education, and the expense of doing so. The study advised banks to start disseminating information about e-use, banking's as well as its advantages and costs, noting that while security did not greatly effect e-banking usage, it was still important to consider.

By Sabnam Jahan*
In Volume: 12,Issue: 2
Title: The Impact of the COVID-19 Pandemic on Corporate Social Responsibility and Human Development Index

Abstract: The COVID-19 pandemic has triggered an unprecedented global crisis, profoundly affecting all aspects of society, including the business landscape and societal well-being. This study investigates the multifaceted impact of the pandemic on two critical dimensions: Corporate Social Responsibility (CSR) practices among organizations and the Human Development Index (HDI) of nations. Drawing on a comprehensive analysis of data spanning the pre-pandemic and pandemic periods, this research explores the complex interplay between these two constructs. The study assesses how the pandemic has influenced CSR initiatives across diverse industries and regions. It examines changes in CSR strategies, resource allocation, and the prioritization of social and environmental responsibility in corporate decision-making. The research also investigates whether the pandemic has acted as a catalyst for heightened CSR engagement or has imposed limitations on organizations' ability to fulfill their CSR commitments. This study delves into the impact of COVID-19 on the Human Development Index, a measure encompassing health, education, and income indicators. It explores how disruptions caused by the pandemic, such as healthcare strain, educational challenges, and economic recessions, have affected nations' HDI scores. The research also examines the potential correlation between nations with robust CSR practices and their ability to mitigate the adverse effects of the pandemic on human development. Findings from this study provide valuable insights into the dynamic relationship between corporate social responsibility and societal well-being during times of crisis. Understanding the pandemic's influence on CSR and HDI can inform stakeholders, including businesses, policymakers, and international organizations, as they navigate the path to recovery and long-term sustainability in a post-pandemic world. As the world grapples with the enduring effects of the COVID-19 crisis, this research sheds light on the evolving landscape of corporate responsibility and its integral role in shaping human development outcomes.

By Rajeev Sijariyaa*, Aditya Mishrab, Yogesh Sharmac, Ankit Surid, Meenakshie
In Volume: 12,Issue: 2