Society for Global
Studies and Research

Chief Editor

Dr. S.K.S. Yadav
Department of Commerce
Meerut College, Meerut
U.P. (India)


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::Society for Global Studies & Research(SGSR)::
List of Volumes/Issues

International Journal of Trade and Commerce-IIARTC, Volume: 3(2014>), Issue: 2(Jul-Dec(2014))

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1. Governance and Imposition of Poverty and Hunger in Nigeria: The Case Study of Rivers State Government, 1999 to Date

Author: De. Ozy B. Orluwene, jp, Good Wilson ,(Pages: 195-213)


The paper attempts to highlight and analyse the various ways the government of Rivers State has systematically and ultimately imposed extreme poverty and hunger on the citizenry. It argues that the policies, programmes and projects put in place by the governors of the state from May 1999 till date have rather imposed extreme poverty and hunger on the people of the state. To drive home its position it first conceptualized poverty, hunger, policies, programmes, projects and citizenry. Second, it presented a graphic picture of how the state is being governed by highlighting the policies, programmes, and projects put in place by the government from May 1999 till date. Third, it examined the trend and spread of poverty and hunger levels in the state and observed that there is increasing trend and widespread of poverty and hunger in the state during the period under review. Fourth, it analysed the policies, programmes, and projects of the government during the period under review and observed that they are rather poverty and hunger imposing. So relating the effects of the policies, programmes, and projects of the government and the trend and spread of poverty and hunger levels in the state during the period under review, it concludes that the Rivers State government has, through its policies, programmes, and projects, systematically and ultimately imposed extreme poverty and hunger on the citizenry.
Keywords:Hunger, Poverty, Government Programmes, Millennium Development Goals, Federal Capital Territory

2. Capital Account Liberalization and Economic Growth in Nigeria: an Empirical Analysis, 1981-2012

Author: Boss Anthony Akanyo , Hycienth Ajie,(Pages: 214-229)


This paper empirically investigates the impact of capital account liberalization on economic growth in Nigeria. The paper which covered the period between 1981 and 2012, decomposed foreign capital as indicators of financial openness to include the aggregate external financial assets and liabilities, stock of external liabilities, foreign direct and portfolio investments flows. The Cointegration technique with its implied ECM was used to estimate the causal effect of financial openness on the level of economic growth in Nigeria. The Johansen cointegration test showed a long-run relationship among the variables. The empirical results showed that the higher the degree of financial openness the greater the level of economic growth in Nigeria. Foreign capital inflows through foreign direct and portfolio investments have significantly and positively influenced the level of economic growth in Nigeria. The paper further showed that the most effective tool of financial integration has been the external financial assets and liabilities, as well as foreign capital inflows through foreign direct and portfolio investments. The obstacles to financial openness have been inconsistent monetary policies and corruption in Nigeria, which could impede efficient resource flows and allocation. The study recommends amongst others further openness and integration of the Nigerian financial system to the global economy to attract long-term capital inflow towards the productive sectors of the economy. Also, the government and financial institutions should exercise some caution in incurring external financial liabilities that have short-term tenor. Undue inflow of the more volatile short-term external liabilities could lead to the susceptibility of the economy to external financial crisis.
Keywords:Financial openness, Foreign capital, Economic growth

3. Facilities and Programmes Provided by Directorate of Industries – An Analysis

Author: G.R.Gupta ,(Pages: 230-237)


To achieve the goal of faster economic development of the state, Government of Uttar Pradesh has provided various types of assistance to small scale industries under the supervision of Directorate of Industries Kanpur and district Industries centers. In Uttar Pradesh 70 districts are providing such type of facilities like technical training, management consultancy services, testing and development facilities, power and marketing facilities etc. through District industries centers for the rapid development of Uttar Pradesh.
Keywords:First Generation Entrepreneurs, Management Development Training, Management Consultancy Services

4. Working Capital and its Relationship with Sales (A Case Study of Tamil Nadu Newsprint and Papers Limited)

Author: Sanjay Kumar Rastogi, G. K. Sharma ,(Pages: 238-254)


The purpose of this paper is to analyse the status of gross and net working capital and their association with sales of Tamil Nadu Newsprint and Papers Ltd., with reference to the Indian paper industry the period under study from 2006 to 2013. The research is mainly based on secondary financial data obtained from the Annual Reports of TNPL, BSE and NSE. It focused on the size, character, and annual growth rates of gross and net working capital of the company. In addition, it analysed the growth trends of gross and net working capital of the company in relation to sales. With the help of the Karl Pearson’s correlation model, the inter-relationship between sales and working capital has been identified. Then the strength and significance of such a relationship has been tested with the use of other statistical tools such as coefficient of determination and Student’s t-test. The major findings of the research showed that while there was an increase in sales positively, strongly, and significantly associated with an increase in gross working capital for both the company and the industry, its association with net working capital was negative, poorly related, weak, and insignificant for the company under study. There is a dearth of studies in the available literature that discusses the relationship existing between sales and working capital in India’s paper industry, in general and Tamil Nadu Newsprint and Papers Ltd. in particular, and therefore this research is expected to add significant value to exploring the said linkage.
Keywords:Working Capital, Gross Working Capital, Net Working Capital, Sales and Tamil Nadu Newsprint and Papers Ltd.

5. Women Entrepreneurship: Let Better Halfs be The Best

Author: Shalini Gupta ,(Pages: 255-260)


Entrepreneurship is marked by one’s ability to engage in business ventures. With growth of industry and globalization many new businesses are coming up. Since ancient days women have been prejudiced to restrict themselves to household. Though some entrepreneurs among women have been there in old days also but in general business was supposed men’s domain. This paper tries to analyse role of women as successful entrepreneurs. It puts forth the present global and Indian scenario of participation of women in business. An analysis of global and Indian scenario reveals that recent years have shown tremendous rise in percentage of women entrepreneurs but still a lot more is yet to be done so as to encourage women to be successful entrepreneurs. It is seen that even with all responsibilities of family, women are still able to manage well as entrepreneurs. Some possible methods have also been suggested which might help in improving the present condition and hopefully coming years will witness a greater proportion of women as entrepreneurs.
Keywords:Entrepreneurship, economics, business, management, GDP, female entrepreneur.

6. Working & Performance of UPSRTC

Author: Abdul Rahman, Nazaquat Husain,(Pages:261-268)


The State Transport Undertakings (STUs) in India are regarded as one of the major public utilities and important constituents of the nation’s infra-structure. They provide cost effective and efficient transport services to the people of their respective regions and adjoining states. The Corporation’s buses carry people from their far-off scattered locations of households to work as centers, improve mobility, minimize regional disparities-poverty and untouchability and, thus, contribute to the overall socio-economic reconstruction of the economy. Therefore, the development of healthy transport system is a pre-requisite for the economic development of the state. This paper reveals the facts about the working and performance of UPSRTC and the role of UPSRTC in social-economic development of Uttar Pradesh state of India.
Keywords:Public Sector Undertakings, UPSRTC, Hired buses, Fleet Size , Roadways , Efficiency & Effectiveness.

7. Electronic Banking Practices of Private Sector Banks in India: A SWOT Analysis

Author: Rachna Balyan, Deepa Baliyan,(Pages: 269-274)


Banking system of a country plays very vital role in the economic development; all kind of developments and prosperity of a nation depend upon the soundness of banking system. Indian banking has a long history although new chapter was opened just after the launching the first phase of reformation during the early 1990s. New private sector banks transformed Indian banking from manual banking to paperless technology based banking. Consequently modern banking practices have revolutionized Indian banking. Present paper highlights the strength, weaknesses, opportunities and threats of private banking system in a developing nation like India.
Keywords:Technology, Innovating, Banking, practices

8. Borderline Personality Disorder: Ramifications and Remedies

Author: Reetu Mittal,(Pages: 275-280)


Personality disorders and their treatment form a crucial area of research in Psychopathology. Many such disorders have been identified and each one of them has its characteristics deteriorating effect on human mental health and well-being. Borderline personality disorder (BPD) is a cluster- B personality disorder, the essential feature of which is a pattern of marked impulsivity and instability of affects, interpersonal relationships and self-image. The pattern is present by early adulthood and occurs across a variety of situations and contexts. This paper discussed in detail BPD. First it causes and symptoms are mentioned in detail. Later its possible treatments and their possible outcomes have been analyzed. A common issue with BPD is that a person suffering from it is more than likely a victim of several other personality disorders as well. It has been found that various psychological therapies available for treating BPD work better than treating BPD with medications. Medications may have side effects associated but these therapies have been found to successfully abate BPD. In most cases the chances of reoccurring are also negligible.
Keywords:Borderline Personality Disorder, mental health, disorder, therapy, self-image, depression, emotional instability, diagnosis.

9. Sustainable Development & Environment”

Author: T.S. Tomar,(Pages: 281-288)


Sustainable development and environment play a crucial role in our social and economic life. However, sustainable development encourages individuals to leverage their unique strength, in turn allowing them to function out of performance orientation for all over the world. A more significant set of challenges emerge from the new issues that face the economic development with respect to environmental movement in the developed countries. This chapter emphasizes the necessity of sustainable development and protection of environment for the maintenance of peace in world. While discussing the content and ethical aspects of development and environment, the paper is also attempting to study how sustainable development affects the environment.
Keywords:Environmental Regulations, Sustainable Development, Green Growth, Market Environmentalism, Public Private Partnership, Eco Socialism

10. India and Thailand: Open New Horizons of Cooperation

Author: Vandana Tyagi,(Pages: 289-297)


Over the past two decades India’s ‘Look East’ policy has been complemented by Thailand’s ‘Look West’ policy in bringing the two countries closer. India and Thailand would celebrate 65 years of their diplomatic relations in 2012. In recent years, political contacts have intensified as reflected in a series of high level visits by leaders of the two countries. Trade and economic linkages and tourist traffic continue to grow steadily. Both countries are important regional partners linking South and Southeast Asia. They cooperate closely in the ASEAN, East Asia Summit (EAS) and BIMSTEC groupings as also Mekong Ganga Cooperation (MGC) and Asia Cooperation Dialogue (ACD). The implementation of the India- AESAN Agreement on Trade in Goods from January 2010 is an important latest milestone of this partnership. India and Thailand have good connectivity in the civil aviation sector with as many as 138 flights operating a week. India is looking at Thailand as an important bridge between South Asia and Southeast Asian hinterland. A trilateral project to construct a highway between India, Myanmar and Thailand is in the works and is likely to be completed by 2016.
Keywords:Bilateral Agreement, Economic Cooperation, Treaties and Agreement, MoUs

11. Retailing in India – An analytic view

Author: Sunita Chopra , S.K.S. Yadav,(Pages: 298-318)


The Indian retail industry is now beginning to evolve in the line with the transformation that has swept other large economies. It witnesses tremendous growth with the changing demographics and an improvement in the quality of life of urban people. The growing affluence of India’s consuming class, the emergence of the new breed of entrepreneurs and a flood of imported products in the food and grocery space, has driven the current retail boom in the domestic market. The concept retail which includes the shopkeeper to customer interaction, has taken many forms and dimensions, from the traditional retail outlet and street local market shops to upscale multi brand outlets, especially stores or departmental stores. Though at this moment, it is still premature to say that the Indian retail market will replicate the success stories of names such as Wal-Mart stores, Sainsbury and Tesco but at least the winds are blowing in the direction of growth. Hence, we focus on two aspects of retail marketing i.e., Store Retailing and Non- Store Retailing. Store Retailing as the departmental store, which is a store or multi brand outlet, offering an array of products in various categories under one roof, trying to cater to not one or two but many segments of the society and Nonstore Retailing as the direct selling, direct marketing, automatic vending. Therefore, this concept of retail marketing through departmental stores, which is coming up in a big way in India was decided to be studied in detail, through an exploratory and conclusive research. The objective being to assess the various parameters that influences a buyer to visit or shop at departmental store thereby contributing to its turnover (in terms of sales and profits) hence leading to its overall success.
Keywords:FMCG Companies, Organized retail, Store Retailing, Non- store Retailing, Discount Formats, Catalog Showroom, Mall Culture

12. “Role of Human Resource Management System in Increasing Employee’s Efficiency

Author: Kanik Maheshwari, S.K. Gupta,(Pages: 319-324)


Researching business technology can be a daunting task and assessing the role of human Resources Management System (HRMS) in increasing employees’ efficiency is also a very difficult task. It meets the unique needs of our business, and offers ease of acceptance by our employees. It is a system that lets us to keep track of all our employees and information about them. It is usually done in a database or, more often, in a series of inter-related databases. Human Resource Information Systems (HRIS), is a combination of two major management fields that impact the competitive advantage of companies—human resources and information system. In many organizations, 50 per cent of an HR department’s time is spent processing employee information and answering questions. The HR manager faces a dilemma on whether she/he needs to spend more time improving the overall work environment for the employees or help the management find ways to save on workforce-related costs, finding and hiring better talent and improving existing talent through training and development. But most days, they are trapped just doing paperwork. This is where HRMS and payroll software come into play. The routine administration involved in day-to-day HR operations drains most of the available time and energy. An efficient HRMS and payroll software caters to their needs by automating core HR, benefits, and payroll processes for increased efficiency and productivity. The payroll software can help an HR manager by managing compliance and risk of litigation, ensuring accurate and timely payroll etc. Payroll software helps you in computing Bonus/ ex-gratia, Gratuity, Provident Fund, Employee State Insurance, and Professional Tax & Labour Welfare Fund through some preset formulas and also helps in computation of returns.
Keywords:Payroll software, Performance Appraisal, HR work flow, Employees self service, Performance record

13. An Analytical study of Housing Problems in India

Author: Rashmi Rani,(Pages: 325-335)


Along with food and clothes, housing or a shelter is one of the three most important requirements of Human being. If the total population of about 1200 million population is divided by 5, the average number of members in a family, the country requires housing for 240 million families. Of this, 2.4 million around 30% are either house-less or live in thatched cottage or houses made of tree and plant live in and bamboo and mud houses. This paper deals with the problems and solution of housing problem in India.
Keywords:The National Building Organization (NBO), Town & Country Planning Organization (TCPO), National Urban Housing and Habitat Policy, Urban Land Ceiling and Regulation Act (ULCRA)

14. Talent Management with Special Reference to International Business Machines Corporation (IBM)

Author: Nutan Chauhan , Aman Roshan,(Pages: 336-345)


In the present complex and rapidly changing socio-economic environment, no business or organization can exist or grow without effective management of human resources. Talent Management is a realistic plan which facilitates the categorization and precise extension of internal flair, for leadership and other key positions, which will honor and drive an organization’s outlook. When people do jobs that just don't suit their liking, inclination or temperament, the results, or rather the lack of them will be disastrously obvious. Low productivity, dissatisfaction, low morale, absenteeism and other negative behavior will become typical till the employee is shown the door. Or perhaps, there is another option - Talent Management. In this paper we discussed the talent management with reference to International Business Machines Corporation (IBM). This paper based on secondary data and focuses on the impact of talent management in IBM and to determine the extent to which talent management contributes in enhancing the productivity, profitability and performance of the organization. This paper also focuses on various challenges in talent management and tries to find out various solutions to solve these challenges.
Keywords:Talent Management, Workforce Planning, Developing Talent, Equipping Managers, Employee’s Potential, Working Environment.

15. Missile Program of India

Author: Mohd. Rizwan,(Pages: 346-350)


India is a nation that has always been truly devoted for nuclear disarmament and peaceful settlement of disputes among the nations, to its international relations. In background India was the first country to raise the voice against the nuclear tests to save the environment and human health in April 1954, when the first Prime Minister Pt. Jawahar Lal Nehru proposed a draft called ‘The standstill agreement on nuclear weapons’ in U.N. General Assembly. But very unfortunately all efforts made by India have never been taken seriously by the big players of international community, specially the defeat in 1962 against china and enforcement of NPT (Nuclear non-proliferation Treaty) along with all its discriminations in 1970, left India with no options but to go to keep its option open and to be prepare for nuclear armament to ensure its national security, even after the discriminatory provisions of CTBT in 1996. Here the real credit in this regard goes to Late Indira Gandhi the then prime minister and her core team including Dr. APJ Abdul Kalam to commence a comprehensive missile programme to fulfill our need of credible nuclear deterrence called ‘IGMDP’ in 1984. Later on that was completed by the Pokharan-II nuclear explosions carried out by the NDA govt. head Mr. Atal Behari Vagpayee in May 1998. This paper deals with Indian Missile Programme which is very vital Issue among researchers.
Keywords:Defence Research and Development, Indian Space Research Organization, Surface to Surface Missile, Anti-tank Guided Missile, Cellular Error Probable

16. A Sociological Study of Mid-Day Meal Programme

Author: Ajit Singh Tomar,(Pages: 351-356)


Tamil Nadu first implemented a forerunner of the mid-day meals scheme. 12 Crore children currently covered by the shceme, making it the largest school lunch programme in the world. It is one of the few that prompted by an explicit concern with human rights. In Uttar Pradesh various staps are taken by the State Government in implementing the educational schemes with the assistance of Central Government. In the educational session of 2012-13 U.P. is just behind of target in case of coverage of school and no. of working days and more efforts are required to cover the more children.
Keywords:Mid-day Meal Programme, National Policy, Primary Education, Right to Food

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