Faculty & Research

Research Productive

Show result

Search Query :
Area :
Search Query :
3722 items in total found

Working Papers | 2012

Education and Employment among Muslims in India:
An Analysis of Patterns and Trends

Rakesh Basant

After the submission of the Sachar Committee Report, several studies have undertaken data-based analysis of the socioeconomic and educational conditions of Muslims in India. Many researchers, policy makers and, in fact, common Muslims believe that education can be the only mechanism to enhance their socioeconomic status and facilitate entry into better paid jobs. At the same time there are concerns about access to educational facilities and possible discrimination in the formal labour market. The paper reviews the available evidence on the patterns of Muslim participation in education and employment. Comparing the estimates derived from the most recent round of the National Sample Survey for the year 2009-2010 with the earlier years (1999-2000 and 2004-05), an effort is made to assess if these patterns have changed in recent years. A preliminary analysis of the correlates of these patterns suggests that these are quite complex and multi-dimensional. Perceptions about discrimination interact with endowments, opportunities, supply side conditions and attitudes to give rise to different patterns of participation in employment and education. A different set of policy actions may be required to ameliorate these conditions.

Read More

Working Papers | 2012

Population Heuristics for the Corridor Allocation Problem

Diptesh Ghosh and Ravi Kothari

The corridor allocation problem is one of assigning a given set of facilities in two rows
along a straight corridor so as to minimize a weighted sum of the distances between every
pair of facilities. This problem has practical applications in arrangements of rooms in oces
and in hospitals. The problem is NP-hard. In this paper, we present two population based
metaheuristic implementations for the problem; a genetic algorithm with local search embedded
in it, and a scatter search algorithm with path relinking. We report the results of our experiments
with these algorithms on benchmark instances with up to 49 facilities.

Read More

Working Papers | 2012

Dismantling Fertilizer Subsidies in India:
Some Issues and Concerns for Farm Sector Growth

Vijay Paul Sharma

While fertilizer subsidy has probably been one of the most hotly debated issues in the country over the past two decades but debate reached a new height following a recommendation by the Prime Ministers Economic Advisory Council (PMEAC) in its latest Economic Outlook 2012/13 that "subsidies are progressively losing their relevance and are becoming unbearable fiscal burden so a beginning can be made in dismantling fertilizer subsidy". In view of this, the present paper analyses the fertilizer subsidy from two different aspects, both important for policy planners in the country. First, who is benefiting from the current system of fertilizer subsidies and secondly what is the impact of recent policy changes on fertilizer consumption and prices and proposed removal of fertilizer subsidies on farm income. Fertilizer subsidies account for a significant share of the total support to agriculture and have increased by about 560 per cent between triennium ending (TE) 2003-04 and TE2010-11 mainly due to steep increase in international prices of fertilizers and feedstocks/raw materials, increased consumption and unchanged farm gate prices. The findings suggest that all farmers benefit from subsidies, however, small and marginal farmers receive about 53 per cent of the subsidy, higher than their share in total cropped area (44.3%). The partial decontrol of fertilizer sector which has led to unprecedented increase in prices of phosphatic (P) and potassic (K) fertilizers (about 160% in DAP and 280% in MOP) and relatively cheaper nitrogenous (N) fertilizers, led to sharp fall in consumption of P and K fertilizers, thereby imbalance in use of N, P and K nutrients. Moreover, dependence on expensive imports has significantly increased during the last 6-7 years. The results show that removal of fertilizer subsidy will make farming unprofitable in many states and therefore removal of fertilizer subsidies will not be in the interest of farming community, particularly, small and marginal farmers and less developed states/regions. The paper argues for containing subsidy but without hurting interest of millions of small and marginal farmers including tenant cultivators. As radical reforms like dismantling of subsidy and deregulation of fertilizer industry in one go are neither economically desirable nor politically feasible, a case can be made for continuation of fertilizer subsidy with better targeting and rationing to achieve socio-economic objectives of national food security, poverty alleviation and farmers' welfare as well as subsidy reduction.

Read More

Working Papers | 2012

Food Subsidy in India: Trends, Causes and Policy Reform Options

Vijay Paul Sharma

India has one of the largest food subsidy programmes in the world that has created a relatively effective social safety net but is also under increasing criticism because of its large contributions to government budget deficits, economic inefficiency and poor targeting. The Food Corporation of India is always under attack from all quarters for perceived operational inefficiencies leading to increase in the food subsidy burden. This paper analyses the trends in volume of food subsidy in the post-reforms period (1991-92 to 2012-13) and then examines various components of food subsidy, which are under the control of FCI and those beyond the control of FCI, and relative contribution of these components to total subsidy during the last decade. Broad policy options for containing food subsidy are also suggested in the paper. The data on food subsidy clearly shows that subsidy has increased significantly in the post-reforms period in general and during last 6-7 years in particular reaching a record level of Rs. 72283 crore in 2011-12. The total cost of food subsidies that amounted to about 2.2 per cent of agricultural GDP during the 1990s increased significantly to about 5 per cent during the last decade. Increase in procurement price was main contributor to increase in economic cost of foodgrains which is responsible for rising food subsidy. Other components, which contributed to food subsidy, included open-ended procurement policy, increase in procurement costs mainly statutory charges by state government on procurement of foodgrains, constant central issue prices and distribution costs. However, most of these variables are decided by the government and are beyond the control of FCI. Despite increase in absolute value of subsidy components that are under the control of FCI, there has been an improvement in the efficiency of Corporation's operations, e.g. share of administrative charges of procurement costs, and storage losses have declined during the last decade. Improvement in operations of FCI, though desirable, may not lead to significant reduction in the subsidy. Therefore, steps need to be taken to reduce other costs through appropriate procurement price policy, public-public participation through involvement of more states in procurement and distribution of various foodgrains including coarse cereals, reduction in statutory and non-statutory charges charged by state governments, encourage private and/or public-private partnership in creating scientific storage facilities to reduce losses, need-based procurement of foodgrains, and periodic and affordable increase in central issue price.

Read More

Working Papers | 2012

Health policy processes in Gujarat: A case study of the policy for Independent Nurse Practitioners in Midwifery

Bharati Sharma and Dileep Mavalankar

Background: The policy processes of the policy on 'Nurse practitioners in midwifery' (NPM) are described. The policy aims to educate and create a new cadre of competent midwives in the government hospitals as an alternate human resource for maternal and newborn care for remote rural facilities.

Methods: Participant observation in every day setting, in depth interviews with actors involved in policy processes and a self administered questionnaire to one batch of 37 NPMs were used. The conceptual framework of policy processes developed by Andrew et al (2011) was used for analysis.

Findings: The NPM policy was delayed because of frequent change of secretaries and commissioners of health who led the policy process but did not share the vision of policy initiators, and there was less push and shared vision unlike the national programmes, being a state driven policy. The nature of the issue influenced the policy process; many were unconvinced about developing an autonomous cadre of midwives who can fill in for doctors. It was seen as competition by obstetricians. The policy processes were closed though many departments within the government and some actors outside the government were involved. There was less space for open dialogue amongst the various actors, all the discussion was through notes on the file. The main actor s to push the policy forward were less powerful within the government machinery.

Overall the NPM course has been successful in developing competence for normal childbirth; some more practice is needed for complications during labour. Since majority of the candidates for the course come from cities, the objective of human resource for remote rural facilities may only be partially fulfilled.

Conclusions: There is a need to develop a protocol for robust policy processes which are unaffected by changes in leadership, where there are opportunities for dialogue, to bring in and examine evidence, to improve policy processes.

Read More

Working Papers | 2012

Brand Effect and Price Discrimination in the Video Rental Industry

Viswanath Pingali

What is the effect of competition on prices in a market where the product is offered at different quality levels? Would the increase in competition reduce the price of high quality good more than the low quality good? These are the questions examined in this paper in the context of the video rental industry. Videos can be classified into DVD and VHS. Firms can also be categorized as branded stores that belong to a major chain and unbranded stores that do not belong to any major national chain. As competition increases prices of both DVD and VHS should decrease, but in theory it is not clear which one will decrease more. Moreover branded and unbranded stores may respond differently to the change in competition. My empirical results indicate that as competition increases, (a) for branded stores, the price of the high quality good (DVD) falls more than that of the low quality good (VHS), (b) for unbranded stores, we observe the opposite effect.

Read More

Working Papers | 2012

Modeling Commodity Markets: The Challenge of Leptokurtic Returns Distributions

A. K. Laha and Pravida Raja

In this paper we consider modeling leptokurtic daily log-return distributions of three commodities: gold, silver and crude oil. Three modeling approaches are tried out namely (a) a two component mixture of normal distributions model, (b) Variance Gamma (VG) distribution model and (c) Generalized Secant Hyperbolic (GSH) distribution model. The two component mixture of normal distributions model is found to be a reasonable model for log-returns on gold and crude oil. The VG distribution model and the GSH distribution model are found not to be suitable for modeling log-returns for any of the three commodities considered in this paper.

Read More

Working Papers | 2012

Structuring the Dedicated Freight Corridor Project
A Lost Opportunity

Sobhesh Kumar Agarwalla and G. Raghuram

A new large railway project offers opportunity for structuring in a manner that best value can be delivered towards transportation. This is more so in the context of an existing large integrated railway system (Indian Railways (IR)) directly under the Government. The structuring issues include ownership, role and market access, scope and design, financing, revenue and risk, and contracting strategies. The structures on the various dimensions evolve over time, driven by different stakeholders under an overall framework. This paper explores the evolution of two dedicated freight corridors in India (covering a distance of around 3300 kilometers), and critique them from the perspective of delivering the intended rail transportation. It identifies how the structures have moved in a direction where the autonomy of DFCCIL has been reduced to make the IR the sole owner and sole customer. The unbundling that has happened in other infrastructure sectors (aviation, maritime and road) to bring in greater autonomy and accountability has not yet happened in the railways. There is no unbundling of roles in terms of policy making and licensing, operations, and regulations. The critique brings out that the structuring of DFCCIL has been a lost opportunity in terms of opening up the railways sector.

Read More

Working Papers | 2012

Evolution of Model Concession Agreement for National Highways in India

T.S. Ramakrishnan and G. Raghuram

Economic liberalisation in 1990s necessitated development of a world class road network to trigger the economic growth trajectory for India. The concept of involving private sector was mooted as the investment required for this task was well beyond the budgetary support. Thus private sector participation in the form of Public Private Partnership emerged in mid nineties and entrenched itself in 2000-10 as the most preferred mode of delivery in the construction of National Highways in India. This paper discusses the evolution of Model Concession Agreement for National Highways, the vital framework on which the success of Public Private Partnership lies. The key learnings of this study would help in further refining the framework for Public Private Partnership in road development and also facilitate in developing the framework for other physical and social infrastructure sectors. There were a series of discussions between Planning Commission and Ministry of Road Transport and Highways and National Highways Authority of India on issues like Grant vs Premium, Site Handover, Omnibus Bipartite State Support Agreement, Specifications and Standards, Supervision, Change of Scope, Security to Lenders, Change in Ownership, Breach of Maintenance Obligations, Variations in Traffic growth, Overloading, Termination etc. The balanced and proactive approach that evolved out of these discussions made the Model Concession Agreement comprehensive, less ambiguous and justifiable for both concessionaire and the Government.

Read More

Working Papers | 2012

Key Account Management

Vyas Preeta H

This note tries to explain concept of key account management (KAM), factors leading to importance of this emerging concept, criteria to determine key accounts from customer base, benefits to both buyers and sellers agreeing to practice it, stages of KAM relationship, conditions under which power lies with buyer or seller, outlines risks faced by both the parties, key success factors, challenges faced in implementing this concept and relevance to infrastructure sector.

Read More
IIMA