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Title: Impact Assessment of Rural Credit Mechanisms on Agricultural Growth and Livelihood Improvement

Abstract: Rural credit plays a crucial role in promoting agricultural growth and improving the livelihoods of rural households in developing economies, particularly in India. This research paper evaluates the impact of various rural credit mechanisms, including institutional finance, cooperative credit, microfinance, and government-sponsored schemes, on agricultural productivity and livelihood enhancement. Using secondary data from national surveys, published research, and policy documents, the study highlights how access to affordable and timely credit facilitates technological adoption, crop diversification, employment generation, income growth, and poverty reduction. The findings indicate that institutional credit significantly contributes to agricultural productivity and livelihood security. However, challenges such as regional imbalances, procedural complexities, and rising indebtedness remain. The study concludes with policy recommendations to strengthen rural credit delivery systems and ensure sustainable and inclusive rural development.

By Imran Ahmed, Arvind Kumar Yadav
In Volume: 14,Issue: 2
Title: Minimizing the Impact of U.S. Tariffs on India’s Economic Growth: Strategic Responses and Policy Recommendations

Abstract: Due to imports of goods and particularly textiles, gems, seafood, and electronics, the United States presents tariff levels that are very high to Indian exports and this presents a great challenge to Indian trade balance and GDP. This paper will examine the economic effects of these tariffs, examine the bilateral trade pattern between India and the U.S., and provide an internal policy action to alleviate the effect. It also analyses strategic potential of the India UK Free Trade Agreement (FTA) as hedge against U.S trade headwinds. By quantitatively supported thought and sectoral knowledge, the paper draws a plan on how India can be resilient in exports and its economy.

By Nakshatra Gupta
In Volume: 14,Issue: 2
Title: Executive Clemency in South Asia: Scope and Limits of Pardoning Power in SAARC Nations

Abstract: Within the nations of the South Asian Association for Regional Cooperation (SAARC), the Constitutional power of pardon, which has historically been defended as a tool of mercy and remedial justice, has become a site of administrative excess and constitutional tension. Despite being universally vested in the head of state, the region's use of this power often deviates from its humanitarian justification and serves as a politically useful instrument that erodes public trust in criminal justice systems, judicial finality, and equality before the law. The legislative framework enabling executive clemency in SAARC member states-India, Pakistan, Bangladesh, Nepal, Sri Lanka, Bhutan, Maldives, and Afghanistan is examined critically and comparably in this paper. Through a doctrinal analysis of recent and significant case laws such as A.G. Perarivalan v. State of Tamil Nadu, 2022, Bal Krishna Dhungel (Nepal), 2018 and contentious presidential pardons in Sri Lanka and Bangladesh, the study reveals recurring patterns of partisan misuse of mercy powers, arbitrariness, and opacity in jurisdictions lacking significant judicial or statutory constraints. The paper argues that constitutional democracies dedicated to upholding the rule of law, the current deference to executive discretion is normatively untenable. It contends that limited but principled judicial review, combined with procedural protections such as reason-giving, victim engagement, and independent clemency advisory procedures, is required to keep clemency from devolving into an instrument of impunity. The study concludes by suggesting a reform-oriented constitutional framework and regionally harmonized norms for recalibrating executive mercy within the parameters of legality, accountability, and democratic legitimacy.

By Faraha, Sadaf Ansari
In Volume: 14,Issue: 2
Title: Executive Clemency in South Asia: Scope and Limits of Pardoning Power in SAARC Nations

Abstract: Within the nations of the South Asian Association for Regional Cooperation (SAARC), the Constitutional power of pardon, which has historically been defended as a tool of mercy and remedial justice, has become a site of administrative excess and constitutional tension. Despite being universally vested in the head of state, the region's use of this power often deviates from its humanitarian justification and serves as a politically useful instrument that erodes public trust in criminal justice systems, judicial finality, and equality before the law. The legislative framework enabling executive clemency in SAARC member states-India, Pakistan, Bangladesh, Nepal, Sri Lanka, Bhutan, Maldives, and Afghanistan is examined critically and comparably in this paper. Through a doctrinal analysis of recent and significant case laws such as A.G. Perarivalan v. State of Tamil Nadu, 2022, Bal Krishna Dhungel (Nepal), 2018 and contentious presidential pardons in Sri Lanka and Bangladesh, the study reveals recurring patterns of partisan misuse of mercy powers, arbitrariness, and opacity in jurisdictions lacking significant judicial or statutory constraints. The paper argues that constitutional democracies dedicated to upholding the rule of law, the current deference to executive discretion is normatively untenable. It contends that limited but principled judicial review, combined with procedural protections such as reason-giving, victim engagement, and independent clemency advisory procedures, is required to keep clemency from devolving into an instrument of impunity. The study concludes by suggesting a reform-oriented constitutional framework and regionally harmonized norms for recalibrating executive mercy within the parameters of legality, accountability, and democratic legitimacy.

By Faraha, Sadaf Ansari
In Volume: 14,Issue: 2
Title: Impact of Generative AI (ChatGPT, Gemini, Copilot) on Learning Efficiency in the Indian Education System

Abstract: Generative Artificial Intelligence (GenAI) has emerged as one of the most influential technological developments shaping modern learning environments. Tools such as ChatGPT, Google Gemini, and Microsoft Copilot are increasingly being used by Indian students and teachers for explanation, summarization, content generation, and academic support. This study examines how these tools influence learning efficiency in the Indian education system. Using a mixed-method design consisting of a structured student–teacher survey and focused interviews, the study explores changes in understanding, productivity, doubt-clearing, academic confidence, and skill development. Findings reveal that GenAI significantly enhances conceptual clarity, reduces learning time, and supports self-paced learning. However, concerns remain regarding over-dependence, misinformation, ethical use, and unequal access. The paper concludes with recommendations for responsible AI integration in Indian classrooms.

By Shantam Babbar, Rajesh Kumar Raju, Monika Kumari
In Volume: 14,Issue: 2
Title: Impact of Global Economic Uncertainty on the Financial Performance of the National Stock Exchange (NSE): A Study from 2021–2025

Abstract: The National Stock Exchange (NSE) of India plays a crucial role in trading stocks, derivatives, and debt instruments. Between 2021 and 2025, global economic uncertainty, driven by pandemic effects, fluctuating interest rates, geopolitical conflicts, and shifts in capital movements, significantly impacted financial markets, including the NSE. This research investigates how challenges like post-pandemic recovery, changes in foreign investment, and tightening monetary policies affected the NSE’s income and trading activity. By analysing secondary data from financial statements and economic reports, the study evaluates trends in revenue, net profits, and trading volumes. Increased global uncertainty led to market volatility and corrections in equity indices. Despite these challenges, the NSE's robust domestic investor base and diversified revenue helped mitigate adverse effects. The findings highlight the importance of adaptive risk management and regulatory consistency in maintaining financial performance during global instability.

By Arvind Kumar Yadav, Shamshad Khan
In Volume: 14,Issue: 2