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3721 items in total found

Working Papers | 1987

Functions and Role of Institutional Finance for Agricultural and Rural Development

Desai B M

This paper demonstrates that institutional finance must play a multi-functional role to fulfil its three-fold objectives of promoting (a) growth, (b) better equity, and (c) its own viability/profitability for agricultural and rural sector. It is further argued that sound and relevant institutional finance of this nature does not necessarily create major conflict in achieving these objectives. Both of these are elucidated in what follows by organizing the paper into three sections, namely, rationale for (section II), functions of (section III), and role of institutional finance (section IV). Final section briefly outlines policy support required for promoting multi-functional role.

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Working Papers | 1987

Management Training in Third World Countries

Parikh Indira J

The third world countries have had simultaneous focus of growth and development in industrial and social sector. In the third world countries both men and women are confronted with juxtaposition of the old and the new, the modern and the traditional and simultaneous new roles and systems. As such both get pulled and pushed between culturally determined responses of relationship and social structures and the new structures of tasks of formal organizations and functional relationships. This paper explores the issue of training with specific focus on women of Africa. Training programmes have focussed on traditional modes of training, viz. knowledge, attitudes and skills. However, there is need in training programmes to generate dynamicity, new action responses and new interfaces with people structure and the environment. It is also important that women look beyond the horizon for new role definitions of their social roles and systems and their formal managerial roles in organizations. New methodologies, management tools and techniques need to be evolved so that women learn to empower themselves to take active role in policies, influence strategies and be part of structure. This is possible by arriving at relevant definitions of organizations, structures, systems and the legitimacy of their roles in it.

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Working Papers | 1987

Does Inflation-Unemployment Trade-Off Exist in India?

Ravindra H. Dholakia

The hypothesis of Extended Phillips Curve is examined in the present paper using the Indian data over the period 1950-51 to 1984-85. The empirical evidence does not suggest any substantial trade-off between inflation and unemployment even in the short run in the LDCs like India. The labor markets in the LDCs have such characteristics, which bring them very close to the Keynesian aggregate supply curve in the short run. The formation of inflationary expectation in the study is based on adaptive expectations. The findings of the study have important implication for the choice of the strategy to deal with adverse supply shocks in LDCs.

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Working Papers | 1987

Commercial Banks Finance for Rural Development

Gurdev Singh and Asokan S R

In 1969 fourteen commercial banks (six more in 1980) were nationalized to increasingly involve them in financing the developmental programmes in rural India. Subsequently Branch expansion policy was revised and reoriented in favor of rural areas. Regulatory controls for preferential allocations to identify priority sectors were enforced. Special activities and weaker sections were provided concessional finances under IRDP, 20 PEP, DRI scheme, etc. Backward areas were given special attention in this respect. The idea was to make the commercial banks an effective instrument of rural development. The performance of commercial banks between 1969-70 and 1984-85 showed big leaps forward in the number of rural branches and disbursement of loans. However, the performance was less than proportionate in rural deposit mobilization and recovery of loan dues. Further the performance was not identical across the states. Disparities were found in the coverage of population and cultivated area per branch, disbursements in different areas, for different purposes and to different groups of people on absolute and per hectare basis. Important observations on the performance of this segment of formal rural credit system are made.

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Working Papers | 1987

Wage Elasticity of Labour Supply for Males and Females

Ravindra H. Dholakia

Male-female wage differential in the Indian economy can be explained satisfactorily by the model of wage discriminating monopsony provided that the wage elasticities of supply of male and female labor are significantly different. In the present paper individual labor supply functions are derived by optimizing the family utility function. The corresponding elasticity functions are then examined for their implications. It is shown that infinite elasticity of labor supply implies unrealistic assumptions about the marginal utilities of money income and leisure. It is also argued that under the prevalent family system in India, the wage elasticity of labor supply for males is likely to be higher than the one for females. The observed phenomenon of female workers being paid a lower wage rate than male workers of equal skill, qualification and experience can, therefore, be explained by the model of wage discriminating monopsony in the labor market.

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Working Papers | 1987

Management Training: Mixed Groups or Songle Sex Groups

Parikh Indira J

This paper attempts to answer the question whether management training the exclusively for single sex group or mixed groups where both men and women undergo training jointly. The paper first explores the introduction of management training in the third world countries. It examines the focus, content, design and assumptions of training. Training focus can be categorized in three broad categories: a) conceptual, b) functional, and c) behavioral. The paper then deals with the issue of women in management, their entry, role performance and the resultant dynamics between them and the organizations. Women are late entrants in their work organizations. There are also social and cultural factors influencing their entry and acceptance. In developing countries socio-political ideology, environmental and economic and occupational opportunities have pushed women in management and other formal work roles at a very fast pace. Increasingly a new generation of women are beginning to assent themselves to enter and climb the corporate ladder. The cultural, social and organizational social assumptions of role taking and role and identity patterns available among people necessitates that initially training programmes be designed exclusively for women. Simultaneously joint programmes can also be initiated. This process can continue until a critical mass of women managers are trained and also a critical mass of organizations begin to be aware of this reality. Such training programmes will contribute a relevant perspective, a new world view and a vision, which is anchored in essential dignity of men and women. It will reinformce the legitimacy of new roles for both men and women and of being valued for their contribution in the system.

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Working Papers | 1987

Symbolic Role Models and Identity Patterns of Indian Women

Parikh Indira J and Garg Pulin K

This paper attempts to focus on the symbolic role models available and internalized by Indian women. These role meals as internalized by Indian women determines the nature of social role taking in the society as well managerial roles in formal work organizations. This paper identifies five symbolic models from the cultural role as influencing women's role taking and crystallization of identity. These five models are: a) the apple and the stigma, b) the accomplished and the trickster, c) the innocent and the seducer, d) the lost and the unfulfilled, and e) the realist and the exiled. In today's context these role models provide Indian women with fragmented insights into the unexplored areas of being women. However, it does not give freedom to women to make new responses. In the context of formal work organizations it is critical for Indian women to discover new frames of identity and role models. They may provide women new processes to transcend the traditional social milieu and create space for themselves in the social system. They may then define new roles and trigger new processes within the formal work systems. In the final analysis women can stop experiencing themselves as captives of the social traditions and role prescriptions. Women then can arrive at cross-roads and discover multiple alternatives and make choices with courage and convictions both in their home and work settings.

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Working Papers | 1987

A Note on the Second Order Conditions for Isoperimetric Problems in Dynamic Optimization

Lahiri Somdeb

In this paper we obtain a clear statement of the second order necessary condition for isoperimetric problems in dynamic optimization.

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Working Papers | 1987

A Generalization of the Raiffa - Kalai-Smorodinsky Solution in Two Person Bargaining Games

Lahiri Somdeb

In this paper we present a generalization of the Raiffa-Kalai. Smorodinsky Solution to two person bargaining games, to incorporate asymmetries in solution payoffs.

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Working Papers | 1987

Preparation and Implementation of Credit Plans

Gurdev Singh and Asokan S R

Under the multi-agency approach to rural credit, lead bank scheme was introduced to plan and implement credit programmes at district level. The idea was to achieve coordination among the financial, developmental and administrative agencies for integrated development of the districts. District Credit Plans (DCPs) was the instrument considered for the purpose. So far three rounds of DCPs have been prepared and implemented by various lead banks in their respective districts. This paper examines various rounds of DCPs in the selected districts. The various issues identified and discussed relate to the generation of data, estimation of credit gap and funds availability, allocation of loan funds, disbursement of loans, monitoring and recovery, etc. The ways and means are suggested to make the DCPs a more effective tool for integrated rural development.

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