Abstract: The phrase “social responsibility of a business”, implies that business
should keep in view the social values and public interest while taking
business decisions and actions in addition to economic values. The
concept of social responsibility is ill-defined and ill-conceived. It is rather
difficult task to implement this concept in the society where various
groups viz. religions, trade unions, government etc. not fulfill their own
responsibility properly.
Abstract: The historical journey of India Air Force (IAF) as an interregnal part of
Indian Armed Forces is story of dignity, loyalty and success. It was
founded in British India in 1932 but the actual fly started after
independence in 1947, on the same time there were severe challenges
started to raise from the neighbouring countries to our national security
that was very successfully met out by IAF.
The present research paper investigates all the process of technological
development, battles, special operations and the comprehensive success
stories of IAF as well it examines both the security and technological
challenges and hurdles to its way. Actually it was a difficult task to cover
all the concerning aspects of IAF in such a write- up of word limitations
but it’s an effort to analyse major aspects from background to all the
contemporary circumstances related to IAF interesting and significant to
all.
Abstract: The growth of the Indian economy depends critically on the rise of the
non-corporate business sector. The Non-Corporate Small Business Sector
(NCSBS), which is the kamadhenu (job-intensive) but credit-starved
sector of our economy, is the main source of the issue. 128 million
employment and millions of rural and semi-urban entrepreneurs are
produced by these 58 million non-formal micro businesses. The
performance of this industry directly impacts the national economy. Two-
thirds of these facilities are administered by Scheduled Castes, Scheduled
Tribes, and Other Backward Classes. Banks, however, only supply 4% of
the credit required by this sector. The majority of this sector lacks access
to formal funding sources.
The Government of India established Micro Units Development &
Refinance Agency Ltd. (MUDRA) in order to satisfy the needs of the
NCSBS segment, sometimes referred to as the informal sector, and
integrate them into the financial system. It will be established as a
branch of SIDBI, an organisation that has spent the past 25 years
supporting India's small-scale industries. It was established as an apex
refinancer and serves as a regulator for "Micro Finance Institutions
(MFIs)" for the benefit and development of the micro- and small-business
sector. 5.75 crore small business units in India would receive services
from the MUDRA bank, many of whom are now unable to obtain loans
through the traditional banking system.
The purpose of the paper is to draw attention to the MUDRA Yojana, a
cutting-edge financial system that has the potential to drastically alter
the Indian economy. MUDRA Bank seeks to support micro and small
businesses in India through refinancing, aid with development, and
financial inclusion of the missing middle.