Home Menu
icon-menu-close.svg

Faculty & Research

Faculty & Research

Research Productive

Show result

Clear
Search Query :
Area :
Search Query :
2773 items in total found

Working Papers | 1974

Capital Expenditures in Corporate Sector - A Forecast for 1974

C Rangarajan

An attempt is made in this paper to forecast investment in the private corporate sector for the year 1974 by using the data available with the three leading term lending institutions. The data cost relevant in this context are the time phasing of capital expenditures on projects sanctioned by these institutions in the current and in the previous years. Given the long time lag involved in obtaining and analysing data on company finances which is now the source for obtaining estimates on capital formation in the corporate sector, our method besides helping to formation in the corporate sector, our method besides helping to forecast, fills an important gap by providing within a short period of the end of a year an indication of the direction and quantum of investment in corporate private sector in that year. The major conclusion drawn is that even allowing for price changes, the total capital expenditures in 1974 by the corporate sector would be higher than that in 1973. The new commitments made in 1973 and in early 1974 indicate that investment in certain key industries may be lagging behind. As of now, the picture for 1975 is not encouraging unless there is a dramatic change in the investment climate during 1975 itself.

Read More

Working Papers | 1974

Feasibility of Institutional Financing for Dairy Development

George P S and Srivastava Uma Kant

A commercial bank had undertaken an Integrated Development Project for dairy development in collaboration with a dairy plant. The scheme envisaged the supply of bank finances to the farmers for the purchase of quality cattle and repayments through milk supply to the dairy. A sample of beneficiaries were contacted to find out the impact of bank finances on their income. Also the impact of the scheme on the dairy's milk supply and the viability of this scheme as a commercial proposition was analysed. The findings of the study indicate that commercial lending institutions could join hands with organized dairies to advance money for purchasing cattle; this process would benefit the farmers, the dairy plants, and the bank. The implementation of such schemes could go a long way in improving the incomes of small farmers and at the same time increasing the production of milk in the milk shed areas of organized dairies.

Read More

Working Papers | 1974

Personnel Management for Rural Banking

Sheth N R and Shah B G

This paper presents an analysis of the problem of adjustment to the rural environment among the branch managers in commercial banks working in rural areas in consequence of the lead bank scheme. The analysis is based on data collected during an exploratory study of the lead bank scheme in a district in Gujarat State. The data suggest that urban-oriented managers find it difficult to adjust themselves to the realities of living and banking in villages. This difficulty arises mainly from the cultural gap between urban and rural social life as well as the social commitments and aspirations of the managers and their families. Although the problem of adjustment is less acute among those managers who have previous exposure to rural lie, they also aspire to move to urban areas and become part of the urban culture. On the basis of these findings, it is suggested that it would be useful to create in the rural areas urban facilities such as good schools and cinema houses. It is also suggested that the educated members of the rural branch managers' families may be trained and motivated to undertake welfare and developmental activities in villages. These suggestions imply that bank managements may need to consider a person's family as a unit for planning and decision making in the area of personnel management.

Read More

Working Papers | 1974

Management of Industrial Conflict

Sheth N R and Shah B G

This paper is based on a case study of managerial problems arising from unionization among employees and subsequent events in union-management relations in one of the major commercial banks. The study shows that an initial attitude of indifference and hostility towards unionism resulted in a series of events involving a win-lose struggle between management and the union. Eventually when the union began to indulge in anti-social and destructive activities, the management took a decision to fight it out with the union regardless of the cause involved. In doing so, the management planned a strategy to deal with the various aspects of the conflict in relation to managerial objectives. Finally, when it scored a decisive victory over the union, the management in collaboration with the union successfully built a new relationship based on mutual trust and cooperation. In conclusion the authors stress the need for a clear and rational managerial approach to problems of industrial relations, rather than handling such problems on the basis of prejudices and short-term objectives.

Read More

Working Papers | 1974

On the Number Non-Negative Integral Solutions to the Knapsack Problem

Raghavacahari M and Sabharwal Y P

This paper develops expressions for the exact number of solutions to the well known Knapsack problem. These formulae are compared with the bounds given by other researchers in this problem. A computer programme has also been developed to find the number of solutions.

Read More

Working Papers | 1974

Some Conceptual Designs for Understanding Adoption and Diffusion Processes in Action

Gaikwad V R

This is the collection of some conceptual design for understanding adoption and diffusion processes in action. The topics covered are (1) Linking Individual adoption process with diffusion process in a community (2) calculation of AMO & NAR components under certain assumptions (3) variations in independent variables (4) Location of contribution of variables in adoption process or change inducing capacities of independent variables (5) information conversion capacity (6) the diffusion effect (7) Inter-link of rate of diffusion and rate of development of technology and (8) the key sources of information.

Read More

Working Papers | 1974

Working Capital Requirements and Credit Needs for Foodgrains Distribution in India

Desai D K and Ramachandran V

This paper attempts to estimate the working capital required for the procurement and distribution of foodgrains. To arrive at the financial requirements for foodgrains distribution, estimates of the marketed surplus are needed. Instead of assuming a certain percentage of the total foodgrains production as the marketed surplus, a diferent technique was employed to estimate the marketed surplus. Based on the prices and stocks of foodgrains required at the beginning of the months and the marketed surplus of foodgrains, the working capital requirements were estimated for different years. The estimates of working capital for foodgrains show that the available bank credit met only 38 per cent of the maximum working capital required in 1972-73. Hence bank credit cannot be blamed for making possible the hoarding of foodgrains. In fact, by not supplying the necessary working capital for foodgrains, the banking system has forced foodgrain distribution to depend on non-banking sources. It has thus increased the cost of financing the working capital and helped the price increase of foodgrains.

Read More

Working Papers | 1974

Economics of Gobar Gas Plant

Desai D K

The oil crisis has led us to explore the alternative sources of nitrogen. One of the alternatives for nitrogen is cow dung (Gobar). Scientists have invented a gobar gas plant which gives methane gas for fuel and rich slurry with high content of nitrogen. Based on the data provided by the Khadi and Village Industries Commission, the cost-benefit analysis of the gobar gas plant shows that the investment in gas plant is economical both from the private and social points of view.

Read More

Working Papers | 1974

Futurology and Public Systems Analysis: A Major Social Need

Krishnayya J G

The rate of social and technological change is overtaking our problem-solving capability. There is urgent social need for institutions which will effectively work on the analysis of public policy and design of public systems along with surveys of the alternative futures which may befall us. Can such Rand-type institutions be created in India? The success of state federal and local governments in outpacing change may depend upon it.

Read More

Working Papers | 1974

Population-Resource Dynamics in an Indian Village

Murthy Nirmal S

The paper presents a simulation model of population dynamics in an Indian village and discusses its usefulness to a policy maker concerned with the economic and social development of such a village. The model contains some of the elements and interrelations which seem to have significant impact on the determinants of population dynamics, namely, births, deaths and migrations. The model is then used as a tool, instead of a real village, to test different development policies for their impact on the village's population growth and economic condition over time. The policies such as health services, education, and family planning are introduced in the model to ascertain their effect on the balance of births, deaths and migration. No attempt is made to optimize the outcome of any policy. Preference for one outcome over another is left to the values and objectives of the user of the model.

Read More
IIMA