http://localhost:8080/xmlui/handle/123456789/2050 2026-01-28T11:16:40Z 2026-01-28T11:16:40Z Arabinda Bhandari http://localhost:8080/xmlui/handle/123456789/2159 2022-05-26T11:29:42Z 2019-01-01T00:00:00Z

Title: Book Review: Strategies for Achieving Sustained High Economic Growth- The Case of Indian States Authors: Arabinda Bhandari Abstract: In this book, Strategies for achieving sustained high economic growth- The Case of Indian States is a significant work in the field of sustained economic growth for India. This book contributes to the area of state-level analysis of economic growth and has shown an alternative approach to achieve sustainable growth. In India, the agriculture sector has its own significance from a policy perspective for a various reason. In 1980, the rate of growth of Indian per capita income at over 4 percent has raised the hope that persistent problem of poverty could be overcome in near future if there is a proper balance of growth across regions and across the sector in India. India has a federal structure with sharing the responsibilities for development and governance jointly as well as separately. In this book they have identified there is a considerable amount of variation across the states. To get a sustained high rate of economic growth, the relationship between states and central government policies is also an important factor to be considered and impact of inter-linkages between economics and sectors that can help to achieve more balanced economic growth across the region in India. The book is divided into 7 chapters which includes, Introduction, Growth Experience of Indian States: Similarities and Divergence, Learning from sectoral Linkages: Agriculture and Economy, State Agriculture in the National Economy Setting, Explaining Variations in Agricultural Productivity Across Indian States: The role of Human Capital and Infrastructure, Investment Pattern and Response to Economic Reforms at the State Level and Policy Conclusions.

2019-01-01T00:00:00Z Srinivasan Palamalai Bipasha Maity http://localhost:8080/xmlui/handle/123456789/2162 2022-05-26T11:29:42Z 2019-01-01T00:00:00Z

Title: Return and Volatility Spillover Effects in Leading Cryptocurrencies Authors: Srinivasan Palamalai; Bipasha Maity Abstract: As Cryptocurrencies are emerging as a new class of investment assets, understanding their price and volatility dynamics has begun to gather momentum, especially the volatility can influence investment decisions. Most of previous literature concentrates primarily on several aspects of Bitcoin and endeavoring to generalize them for the whole cryptocurrency markets. In this study, we attempted to examine the return and volatility spillover effects across a wide range of cryptocurrency markets, i.e. eight major cryptocurrencies (determined by market capitalization) using a Vector Error Correction approach and Diagonal BEKK Multivariate GARCH model. We found the evidence of interdependencies and volatility co-movements among the various pairs of cryptocurrency markets. However, the study suggests that there exists a limited window of opportunity for the short-term portfolio diversification benefits from the selected large-cap cryptocurrency markets.

2019-01-01T00:00:00Z Paul Amalanathan Srinivasan Palamalai http://localhost:8080/xmlui/handle/123456789/2158 2022-05-26T11:29:42Z 2019-01-01T00:00:00Z

Title: Impact of Foreign Aid on Economic Growth and Poverty Alleviation in India Authors: Paul Amalanathan; Srinivasan Palamalai Abstract: This paper empirically investigates the impact of foreign aid on economic growth and poverty alleviation in India using annual data over the period 1975/76 to 2016/17. We employ the Autoregressive Distributed Lag (ARDL) approach advocated by Pesaran et al (2001), which is more appropriate for studies with small samples and the variables are fractionally integrated. Empirical evidence validates that foreign aid has a significant positive impact on economic growth in the short-run and not in the long-run. Results further confirm that aid does not have significant impact on poverty alleviation both in the shortrun and long-run. Therefore, the study concludes that foreign aid is a notable factor of economic growth in the short-run, while in the long-run, it has negligible effect. Moreover, the aid does not exert any significant effect on alleviation of poverty in India during the study period.

2019-01-01T00:00:00Z Santosh Kumar Salineeta Chaudhuri Priyanshu Sharma http://localhost:8080/xmlui/handle/123456789/2161 2022-05-26T11:29:42Z 2019-01-01T00:00:00Z

Title: An Empirical Study of Income Diversification and its Impact on Profitability of Banks Authors: Santosh Kumar; Salineeta Chaudhuri; Priyanshu Sharma Abstract: Objectives: The paper is studying diversification in income of Indian banks and impact of income diversification on profitability and sustainability of industry, mainly in environment shift of recent financial crisis. Statistical analysis: The study is a multivariate regression analysis to find diversification score on the secondary data for Indian banking industry for sample period of 10 years, from 2006 to 2015. Score of diversifications are calculated at two stages as DS (1), DS (2) to find share of non-traditional income in total income and categorization in non-traditional income respectively. The impact on the different income categories ; Share of Non-Interest Income(SNI), Share of fee Based Income (S FI), Share of Other Income(S OT), are tested against selected control variables. F-test used to test hypothesis as direct association with two set of variables. Further criterion scores techniques (SIC), (AIC) and (HQIC) are use as model improvement to test goodness of fit of the model. Findings: The study found that income shift of new business lines helps banks to improve their profitability by dint of many barriers in implementation. The growth trend of such income is not stable during whole study period, majorly due to global financial crisis. In the library of literatures, the share of non-interest based income activities and fee based income sources has been more distinct for Private and Foreign banks, even though SBI and Its associate’s banks are not far behind them. The role of the study to highlight the path for banks adopting new Non-interest income streams to enhance profitability and continuity in profitability. As reported, diversification in non-interest income sources may have positive impact on overall profitability and risk-adjusted performance along with improvement in stability of banking system. Other non-interest incomes are more changeable in compare to Fee based income generated by fee, commission and brokerage activity. By dint of many good effect of diversification banks, mainly in Indian context should take appropriate majors while diversification of its income. Application/Improvements: The study provide a complete understanding about the positive effect of income diversification on profitability of banks but the decision makers should take appropriate majors, while taking diversification decision.

2019-01-01T00:00:00Z