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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: Role of Governance in Startup Entrepreneurial Ventures and Startup Ecosystem

Abstract: Even though governance is such a widely used term both nationally and internationally but there is not one commonly accepted definition of governance. Governance is mostly accepted as the role of the governing to ensure proper delivery of goods, services and opportunity to all the citizenry alike in an equitable, fair and transparent manner. Government for people does not exclusively mean only individuals but is also inclusive of government organisations, corporate houses and even small scale businesses including startups. The startups success or failure is thoroughly dependent on the policies and plans of the government. It's the government policies that induce an enabling environment for the startups to flourish or flounder badly. Thus, it is the duty of Government through Good Governance to enable the startups to make their mark and do meaningful contributions to the Indian economy and fulfill their mission.

By Akshra Sharmaa*, Akhil Mittalb
In Volume: 12,Issue: 2
Title: BOOK REVIEW: Credit Operations and Management

Abstract: This Book is titled “Credit Operations and Management” which refers to the systematic processes and strategies employed by financial institutions to handle and oversee all aspects of credit-related activities. This encompasses a range of functions, from assessing the creditworthiness of potential borrowers to the ongoing monitoring of existing credit relationships. The primary goals of credit operations and management include minimizing credit risk, ensuring compliance with regulations, and optimizing the overall efficiency of the credit process. Key components of credit operations and management include credit policy development, underwriting, loan origination, risk management, monitoring, collections, compliance with regulatory standards, and the integration of technology for streamlined processes. The aim is to strike a balance between facilitating access to credit for borrowers and safeguarding the financial institution against undue risks and losses.

By Md Sifatullah*
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
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

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