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2757 items in total found

Working Papers | 1978

Testing for and Estimation of Models Subject to Multicollinearity

Gupta G S and Singh Devi

The regression method for analysing changes in variables over the time and cross-section has become very popular in the present day world. The method is undoubtedly very powerful but it is based on several assumptions and if any of its assumptions do not hold good for a particular sample, its results are unacceptable. Unfortunately, many of the users of this technique are unaware of its limitations or/and of the methods of correcting for them. The paper discusses the testing procedures and the appropriate methods of estimation of models which are subject to multicollinearity, a serious problem of regression analysis. The demand for cotton textiles' function is estimated from the time series data of the Indian economy for illustration purposes.

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Working Papers | 1978

Delivery of Credit to Rural Poor

Desai B M

Four questions that are raised in this paper are: (1) Why is it necessary to reserve formal credit for rural poor? (2) Is credit a constraint on increasing production and incomes of the rural poor? (3) Is existing credit delivery conducive to increasing their incomes? And (4) What improvements are required to make this delivery more effective in increasing their income? Answers to these questions are proposed by abstracting out the real-world experiences in India. Wherever possible empirical support is also given.

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Working Papers | 1978

Growth Strategy for Tiny and Rural Industries Sector: Need for Marketing Orientation

Khurana Rakesh

The planning and industrial development strategies followed in India so far have neither achieved the objective of employment generation nor availability of essential articles of consumption for consumers. The role to be played by Tiny and Rural Industries Sector in this context has been outlined. We have reviewed the growth in production, sales, employment and earnings in Tiny and Rural Industries Sector (TRU Sector) and identified the general marketing problems of the sector. A quick review of the specific marketing problems and prospects of various industries has been done with a view to identify growth opportunities and strategies. A general marketing framework for identifying growth opportunities and selecting growth strategies has been outlined along with the examples drawn from various TRU sector industries. While this framework offers an analytical procedure for examining the product market extension possibilities as well as integration possibilities for various industries, future work would be required for deciding marketing strategies for each industry. The need for coordination between various developmental agencies involved in the TRU sector, the manner of their coordination and the outline of a field level marketing and development organization have been proposed. The policy support required inn terms of reservation of certain industries in the TRU sector, price preference, opening of banks finances for this sector etc. has been discussed.

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Working Papers | 1978

The Pedagogy of behaviour Simulation

Pareek Udai

The paper proposes a three-dimensional conceptual framework for understanding the pedagogical methods. It discusses the characteristics of behaviour simulation and the relevant concepts of learning for these. Various dimensions of behaviour simulation as a pedagogical device are discussed including types of behaviour simulations, elements in behaviour simulation and how to use such simulation. Various studies on pedagogical value of behaviour simulation have been reviewed. Various steps for designing behaviour simulation are suggested. The paper mentions important resource material in this area.

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Working Papers | 1978

Developing Entrepreneurial Culture: The Place of Training Programmes

Pathak H N

The paper discusses the concept relating to entrepreneur, entrepreneurship and management. Its major focus is to relate these concepts to small industry, small businesses or small enterprises. Small enterprises resent a comprehensive universe which includes tiny and small industry and several self-employment oriented business activities. Besides, in view of raising level of employment in many developing countries, self employment offers one of the easier solutions. Another objective of the paper is to integrate the conceptual areas of entrepreneurship and management with problems of developing entrepreneurship in backward and underdeveloped regions. The role of the government and voluntary agencies is examined in this connection. The paper also emphasizes how it is necessary to develop culture for fostering entrepreneurship in various walks of life. This paper makes certain recommendation for training programmes, consultancy, related experience and counselling for entrepreneurship development.

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Working Papers | 1978

Distributive Bias of New Foodgrain Technologies and Flow of Credit

Ranade C G

The paper develops a model for analysing flow of rural credit between foodgrain and non-foodgrain sectors. It analyses the effect of alternative changes in income distribution arising out of technological changes in foodgrain production upon the direction of flow of credit between two sectors. At the same time changes in other key variables such as terms of trade and sectoral capital labour ratios are also examined.

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Working Papers | 1978

Does Futurology Have a Future in India?

Sambrani Shreekant and Dholakia Nikhilesh

A population growth rate of around 2 per cent per annum being the one certainty of India's future, predictions have varied between Malthusian nightmares and blissful utopias. The methods used for arriving at these conclusions have been just as varied in their rigour and data base. One sustained effort aspiring to a degree of seriousness has been the Second India Studies. In this article, Sambrani and Dholakia examine the studies individually and as a whole for their analytical utility and policy prescriptions. They also look into the institutional setting of the country, particularly the roles and the biases of the elites and their influence on decision-making. This leads them to posit certain propositions regarding the place and utility of futurological studies in developing societies.

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Working Papers | 1978

Stipulation and Exercise of Convertibility Options by Financial Institutions

Srivastava Uma Kant and Oza Nikhil M

The Dutt Committee suggested that when public sector financial assistance in any significant scale is provided, the project should necessarily treated as belonging to 'joint sector' with proper representation for the state. It also suggested that to bring about the concept of 'joint sector; in operation the financial institutions should insist on the whole or a part of their assistance in the form of loans and debentures being convertible into equity at their option. This study is designed to analyse their experience with respect to (i) stipulation of convertibility option (ii) decision criteria used for the exercise of option and related problems, and (iii) suggest alternative decision criteria which can incorporate risk and uncertainty involved in decision to convert or not to convert in case of profitable and loss making companies at the time of decision making. On the basis of analysis and findings several recommendation are presented to maximize gains from the exercise of convertibility options. Gains from convertibility option will, however, be limited because a large number of assisted companies which will be coming up for convertibility decision are not expected to achieve profitability or achieve profitability which is not alternative vis-a-vis lending rates. Even in case of those companies which turnout to be profitable, another constraining factor would be the large amount of holdings of investment institutions (which will continue to invest in profitable companies). This will restrict the actual amount of conversion within the total amount subject to conversion.

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Working Papers | 1978

Control of Shifting Cultivation: The Need for an Integrative Approach and Systematic Appraisal

Gupta Tirath

The paper proposes an analytical framework for assessing schemes for control of shifting cultivation. Necessary and sufficient conditions relating to per capita income, its growth rate, internal rate of return, availability of wage goods, bonus for compensating non-economic satisfaction foregone and land productivity are proposed. Several existing schemes have been examined against this broad framework. In the absence of complete data relating to these schemes, their qualitative assessment against the framework has been attempted. A forest-based scheme of commercial exploitation of bamboo plantation and processing has been proposed and found attractive at a first glance. Several general conclusions have been derived. Control of shifting cultivation will require an approach that includes a variety of programmes. Some shifting cultivation may still continue. Competencies in soil conservation, agronomy, horticulture, forestry, and processing industries are needed and a new multi-disciplinary department may be created. Above all, an approach that looks at the collectivity of people, rather than individuals, is needed for an effective use of available resources.

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Working Papers | 1978

Sales Incentive Decisions within an Attribution theory Framework

Dholakia Ruby Roy

Sales incentives are frequently used by marketers to launch new products or boost the sale of existing products. Two of the major decisions concerning the use of sales incentive are what size and what form of incentive to offer. While the objective is to influence overt purchasing behaviour, the underlying processes are of interest in explaining and predicting the magnitude of response. Attribution theory is used to provide a framework for these decisions and in understanding the process that leads to overt behaviour.

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