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2769 items in total found

Working Papers | 1989

Indian Contributions to O. R. Literature

Gupta Omprakash K

O.R. researchers in India have been making contributions to O.R. literature from its early days of development. They have published hundreds of original research papers in well-known journals. This review focuses on the contributions made by Indian researchers to the published O.R. literature in last 25 years (1961-85). This paper reports major findings of the review.

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Working Papers | 1989

Potential Impact of Agroforestry Sytems on Rural Communities and Regions in India: Methodological and General Issues

Gupta Tirath

The paper discusses the meaning and scope of agroforestry, and reasons that subsistence of rearing of unevenly scattered and spares natural trees, the sole cropped from forestry, and the Taungya system can not be considered agroforestry. Agroforestry systems, on the contrary, may include - parts of farms comprising rocky, steep, and poor soil areas used for raising fuelwood, or small timber/pole, or fodder trees while better areas are used for seasonal crops; - parts of farms sequentially used for tree and for seasonal crops to enhance total outputs and variety of goods, and to minimize climate related risks; - farm corners/bunds/irrigation channels used for tree crops to meet family needs for fuelwood, fodder, small timber, etc - Agrisilvi systems in situations with strong pastoral base but restrictions on open grazing The intuitive reasoning behind usually perceived benefits of agroforestry: enhanced produtivity of the land resource, enhanced employment opportunities for the rural labourers, reduction in seasonal vulnerability for supplies of essential economic goods, enhancement in stock of productive assets in the form of trees, etc have been summarized. The paper then discusses the methodology for and the data required for systematic assessments of the impacts of agroforestry systems. Changes in annuities, and changes in wage rates along with changes in total employment and seasonal employment patterns have considered as composite and relatively simple indicators. Assessments of potential economic impacts at the regional and national levels could be made through income-investment multipliers, but the data requirements would be extremely difficult to meet. Alternatively, indicators of agroforestry could be developed both in financial and benefit-cost terms, and the latter could be used for policy purposes. The paper also highlights some general issues for consideration of the policy makers and researchers.

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Working Papers | 1989

State of Art and Research Priorities in Leather Industry in India

Moulik T K and Mathur D P

India had a very strong base for the potential supply of raw material for its leather industry. This was reflected in the absolute numbers in the livestock population statistics of India. However, in the planning exercises yearly capital outlay for the research and development programmes for the animal husbandry sector as a whole was very meagre. This was despite the fact that livestock sector in 1984-85 contributed about 30 per cent of the total money value output from agriculture and livestock sector to the Gross Domestic Product. Presumably, as a consequence, the ratio of livestock population with human population showed considerable decline between 1951 and 1982. Also there were no improvements in the quantitative as well as qualitative aspects in the availability of hides and skins for utilization in the leather industry. Over the years, major proportion of hides and skins continued to be available from fallen animals. Authors believe that above situation might be responsible for uncontrollable qualitative aspects of hides and skins, market imperfections in the primary and finished products and lack of sustained export demand for leather products. This paper attempts to identify some of the major areas of concerns in the developmental planning processes for the leather industry and emphasizes the need for comprehensive research by adopting a systems approach. According to the authors, research areas should include i) governmental policy framework, ii) structural characteristics of various sub-systems such as, a) raw material supply, b) raw material marketing, c) technological, and d) finished products. Finally the authors have proposed methodological approach of the research study to answer some pertinent questions relative to future growth potential of the leather industry in India.

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Working Papers | 1989

Procedures for Generating an Informationally Efficient Equitable Solution

Lahiri Somdeb

In this paper we consider two games which generate A-envy free allocations in a pure exchange economy with a fixed supply of resources and agents' preferences being representable by utility functions. The first game is "classical divide and choose" whereas the second game is "equal division divide and choose". A detailed analysis and comparison of the relative merits of the two games follow.

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Working Papers | 1989

Executive Health - An Oft Neglected Aspect of HRD

Pestonjee D M

The paper deals with certain salient features regarding executive health based on Indian studies. An attempt has been made to establish a link between Stress and Executive Health. For purposes of presentation the data of executive health has been classified as (i) Psychological, (ii) Psychosomatic, and (iii) Physiological.

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Working Papers | 1989

Accident Rates and Safety Practices in Road Transport Corporations

Chhokar J S and Gopalakrishnan C

This paper attempts to understand and explain the variation in accident rates among various Road Transport Corporations in India. It is based on data concerning accident rates and safety practices, collected from five Road Transport Corporations selected on the basis of a comparative analysis of accident rates. The reasons for high or low accident rates and steps which have been or can be taken for reducing accident rates in the five Corporations are discussed in detail. Some common measures which may help in reducing accident rates and enhancing safety of operation in Road Transport Corporations are identified.

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Working Papers | 1989

Forest Based Industry and Forest Land Management in India

Gupta Tirath

The paper highlights that land degradation in India has been approaching a crisis level in spite of repeated emphasis on wasteland development and existence of apex level organisations for that purpose. One reason has been the policy emphasis on ownership and control rather than appropriate management of the land. It is set in the context of i) the 1988 Forest Policy, and ii) the recent amends to the Forest Conservation Act. The first of these stipulates that forest based industrial units should establish direct contacts with the farmers to obtain the woody raw materials while the second empowers the state governments, with the GOI's approval, to lease forest land to the industrial and other non-government organizations to raise commercial plantations to meet their raw material needs. Doubts have, therefore, been expressed that the industries would still not be allowed to play a role to develop the forest and non-forest wasteland, and to produce the woody materials for themselves. The reasoning for and against involving wood based industries in this task has been assessed. Based on the welfare economics principles, some measures to minimize the short term conflicts, where relevant, between the industries and the rural people have also been suggested. These should be helpful in arriving at objective resource management decisions within the ambit of the new policy and the acts.

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Working Papers | 1989

Threat Bargaining Games with a Variable Population

Lahiri Somdeb

In this paper we establish links between desirable properties satisfied by familiar solutions to bargaining games with a variable population and the Nash equilibrium concept for threat bargaining games.

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Working Papers | 1989

Financial Goals and Company Performance: A Study of Companies in India

Pandey I M and Bhat Ramesh

The objectives of the study were (a) to find out the financial goals structure and the relative significance of the financial goals pursued by companies in India and (b) to examine if a company's financial performance was related to the goal structure it follows. A questionnaire was sent to each company listed in the Investors' Guide of the Economic Times. Sixty one questionnaires were received back, of which fifty seven were found useable for analysis. The information about the actual financial performance for 42 of these companies, for which complete data were available, was obtained form the Bombay Stock Exchange Official Directory. An analysis of the relationship between the goals pursued by them and their actual performance was conducted using dummy variable regression analysis method. The results of the study are: (1) Companies in India follow multiple financial goals. (2) Out of the total respondent companies, only 2.4 per cent inter-alia consider maximization of market value per share int he financial decision-making. (3) From the overall rank ordering of the financial goals the following four goals could be isolated as more prevalent in practice: (a) maximization of operating profit before interest and taxes; (b) maximizing the rate of return on investment' (c) maximizing the growth rate in sales; and (d) ensuring that funds are available. (4) An international comparison of financial goals reveals that two goals viz. maximizing the growth in sales and ensuring that funds are available are significantly related with the actual financial performance of the companies. On the other hand, a week association was found between the goals of 'maximizing profit before interest and taxes' and 'maximizing the return on investment' and the financial performance. However, the relationship between financial goals and the company performance is significant when the four goals are considered together.

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Working Papers | 1989

Capital Structure Decision-Making Process in DFIS: A Case Study

Pandey I M

The focus of the paper was on understanding the process of capital structure management of development finance institutions (DFIs) using the Industrial Credit and Investment Corporation of India as a case study. The results indicate that the development of the capital structure pattern of the ICICI has not been systematic. It is also shown that the capital structure of a DFIs greatly influences its investment decisions. The recommendations made are: (a) to lift, at least, partially the restriction on lending rate of DFIs; (b) to convert the government loans to DFIs into equity; (c) DFIs should use the cost of capital concept to improve the quality of their appraisal procedure.

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