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2758 items in total found

Working Papers | 1993

Towards an Orderly Indian Market for Corporate Control

Venkiteswaran N

As the Indian economy is being modernized through dismantling of rigid controls and greater reliance on the interplay market forces, the Indian industry is likely to witness major restructuring through a spate of mergers and acquisitions. This paper begins with a short overview of the benefits and drawbacks of what is referred to a market for corporate control in the light of the developed country experience. It than examines the historical impediments against corporate restructuring through mergers and takeovers in India. The paper is of the view that given the economic compulsions, India is also about to witness significant spurt in mergers and acquisitions in the coming years. In this emerging scenario, importance of regulatory reforms covering a wide area such as competition, investor protection, taxation, corporate governance etc. is underscored so that the Indian market for corporate control is developed along orderly lines.

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Working Papers | 1992

Revitalizing the Cooperative Agriculture Credit Structure: A Case Study of Kheda District

Seetharaman S P, Gurdev Singh, and Srivastava Uma Kant

With a view to understand the current status and working of Cooperative credit Structure and to formulate the strategy they need to follow in the coming decade, Kheda district in Gujarat selected for a case study. On the basis of insights developed, the strategy needed to strengthen the cooperative credit structure is discussed in this paper. Selection I gives a brief review of the changes made for strengthening the cooperatives on the basis of the recommendations of various committees. Section II presents a brief performance review of cooperative credit in Kheda district and Section III the alternative strategies available to strengthen cooperative credit movement. The last is the concluding section. After the comprehensive analysis, the paper makes a radical suggestion of delinking agricultural credit from PACS and entrusting it to the DCCB. PACS may be encouraged to diversify to provide technological inputs with support in storage, processing and marketing to their members. The paper however, adds a word of caution. Merely divesting credit from the primary cooperative may not be an end in itself. Simultaneous efforts in professionalising banking at DCCB level and ability to prepare business plan at the primary level are important. Though not directly relevant, it is equally important that the cooperative law of India, mainly conceived and continuously amended keeping cooperative credit movement in view, needs to be thoroughly rehashed.

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Working Papers | 1992

Indian Economic Forecast November 1992

Rastogi A B

There are confusing signals which are being given by different ministers and their officials about the health of Indian economy. Among all this brouhaha attempt is made to give economic logic to events occurring around us and it is argued that the liberalisation process is very much on track. There is general sluggishness in the economy partly owing to hoarding by traders and slackness in domestic demand for consumer goods. The back of spiraling inflation has been broken and heat of competition is being felt in market place. The governments' credibility is at stake and hence in the coming budget we are not likely to see any hesitation or delay in implementing pre-announced reforms in trade sector and industrial sector.

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Working Papers | 1992

Marketing of Scales in India: Status and Issues

Gurdev Singh and Asokan S R

Seed is a unique agricultural input in the sense it has life, it imbibes productivity potential in it, and it can be multiplied by farmers themselves. In most crops it is the cheapest of all inputs required for increased production. This paper presents brief introduction to the nature of this input, description of existing delivery system identification of issues related to seed marketing in India. The issues are concerned with the primary seed market demand forecast and operational aspects of seed marketing.

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Working Papers | 1992

Finance for Non-Farm Rural Activities

Gurdev Singh

Rural India supplies a number of non-farm products for consumption in local market, regional market or even international market. Their production is normally carried out in the decentralised sector. The raw materials are either locally produced or managed from outside. Marketing and financing are the two important functions recognised for the success of such activities. This paper gives a brief idea about the availability of institutional finance to this sector. It also reflects on the performance of 'Automatic Refinance Facility of NABARD for financing rural non-farm activities and suggests changes in the facility for providing necessary finance for the development of this important sector.

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Working Papers | 1992

Monotonic Solutions to Production Planning Problems

Lahiri Somdeb

A common problem in production planning for a public firm producing n distinct commodities in the same plant and facing a cost constraint, is the choice of the levels of output of the various commodities. This is a classical problem in the theory of publicly regulated firms and assumes significance in the absence of objective guidelines in determining the levels of output. It is to the study of such problems that we focus in this paper.

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Working Papers | 1992

A Preliminary Note on Rain-Shadow Effect and Strategic Forestry

Gaikwad V R

The purpose of this note is to present some tentative ideas on rain-shadow effect which may lead to further exploration of: a) The relationship between the rain-shadow effect of the Western Ghats (the Syhadri ranges) and the drought-prone regions in the Peninsular India, especially, the Deccan Plateau; b) Factors associated with the location of and areas under the rain-shadow; and c) Possible effect of manipulation of these factors, (e.g. strategically developed forest cover) on the location of and area under rain-shadow. Underlying this exploration is a question and a philosophy. Why some regions in the Peninsular India have low rainfall and are drought-prone? If low rainfall is due to rain-shadow, we have two options: One, consider rain-shadow as a given, perpetual, natural topographical/geographical constraint, and concentrate on such activities as exploitation and conservation of available underground and surface water, bringing water to the region by canals, and undertaking relief operations during droughts. Two, scientifically analyse the very cause, namely, the factors associated with the rain-shadow effect, and explore the possibility of manipulating these factors to minimize the rain-shadow effect.

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Working Papers | 1992

Transition in Indian Society - Part-I The Emotive Maps from the Agrarian Ethos

Garg Pulin K and Parikh Indira J

This paper examines the transition occurring in Indian society. For centuries Indian culture, society and its social design is anchored in the traditional agrarian ethos. In the context of this ethos the paper discusses i) the macro-analysis of the Indian ethos and culture, ii) micro-analysis of its institutions and iii) micro-analysis of individuals and unit communities. It further identifies the processes of the Indian ethos viz. the psycho-cultural processes, the social design, the social infrastructures, and the value assumptions as held by the Indian society. The Indian psyche carries the Indian ethos as its heritage in the emotional map of the society and people. The transition to the technological industrial society gives rise to a different experiential ethos leading to emergent new maps of the society. The Indian society and individuals have to make choices in the context of this transition and their choices will shape the emergence of today's society and organizations.

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Working Papers | 1992

Transition in Indian Society - Part-II Constituents of Technological Industrial Society

Garg Pulin K and Parikh Indira J

This paper explores the constituents of the technological industrial society. It historically reviews the emergence of new societal maps through Renaissance to second world war. It then crystallizes the constituents of the technological ethos. The constituents are mobility, structure of authority, creation of new goal sets, emergence of voluntary relations, extension of internship period, and the nature of work design. The above new processes confronts Indian men women with two contradictory forces. Individuals and society are pulled and pushed in multiple directions and have to make choices. The transition from one society to another anchored in two different ethos creates value dilemmas. One focuses on relationships while other focuses on tasks. These have implications for to-days younger generation in search for partnership and membership in both primary which is family and secondary which are formal work organizations.

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Working Papers | 1992

Sage of a Star Fish: Participative Design of Sustainable Institutions for Natural Resource Management

Anil K. Gupta

Management of natural resources requires reconciliation in the conflicting world views of different stake holders. The conflicts emerge because of the variation in (a) the perception of nature, (b) associated socio-ecological interactions and (c) the ethical values generating respect for non voting members of our society. It is not easy to design institutions for collective action such that resources are managed not only for the current generation but also in a manner that options of future generations are not compromised. An organization becomes an institution when its members use internal commands (i.e. the directions for action emanating from within one self) instead of external demands (i.e. external regulation or direction for individual action). The cultural conditions in both the cases are very different. The paper provides discussion on the issues which affect 'Our' participation in 'Peoples' organizations and institutions in part one. Much of the literature on participation deals with the opposite, i.e. how people participate in the organizations designed by us. The eco-sociological perspective for survival of households over space, season and sector is given in part two. The nature of risks and the strategies for coping with the same are described. The relationship between culture and ecology is discussed in the light of eco-specificity of social interactions in part three. The problem of collective action, the role of risk and redundancy, and resource diversification are discussed in part four. The Eco-Institutional model dealing with interactions between access, assurances, ability and attitudes of the households with ecological resources, institutions, technology and culture and described in part five. How local creativity and innovative potential can become the building block of future development is discussed in part six. How institutions designed on the basis of alternative eco-ethics generate accountability to people and encourage people to people learning is illustrated with the help of the case of Honey Bee network. This global network of innovators at grassroots level builds upon the local excellence, and urge to experiment and evolve technology and institutions for sustainable resource use. The role played by the process of monitoring the collective action by different stake holders is given in part seven. In part eight, the linkages for lateral learning with particular reference to biodiversity are outline. In part nine, the lessons and issues for becoming accountable to people are summarized. The ethical issues in farmer participatory research and implications of scaling up the peoples' organization are brought out in part ten. In the annexure, a discussion on the philosophy of sustainability is presented.

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