Volume 0 Number 1 October, 2005

Title: Prime Minister Speaks-The Words of Hon’ble Prime Minister for the nation(Compiled Work)

Description: 

Author:  Dr. Man Mohan Singh, The Hon’ble Prime Minister, Government of India.

Abstract:  The approach paper sets out in detail the key areas of concern for our government, and the sectors of economic activity which we need to keep in focus during the remainder of the Tenth Plan. I suggest that we deliberate on this issue in some detail, since it will form the basis of our economic agenda not only for the remaining years of the Tenth Plan, but also for the Eleventh Plan. As you will appreciate, we have a substantial agenda before us and we will need to be focused in our deliberations if we are to do justice to it.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pp. 5-6.

File-URL: http://www.jctindia.org/ jct/jct/oct2005-v0i1-1.pdf

Article Views  :  

Download

Title: Dilemmas of Present Management Leadership (A Constructive Study on Bhagwat Gita)

Description: 

Author:  Arun Sharma, Chartered Accountant, Mumbai.

Abstract:  Increased productivity, the goal of management leadership, is required to awaken the enthusiastic cooperation of employees. A manager has to learn to recognize the psychological needs of his workers.The author in the present study emphasis upon the EQ. Emotional intelligence (EQ) is the ability to handle people skilfully that is far more necessary management trait than I.Q. The author further suggests to develop India’s own cultural specific system of management leadership as Japan has done. Till now, modern Indian management is generally following the American Model. The author’s recommendations regarding the adoption of Bhagwad Gita’s model of management leadership is worth considerable philosophy. The Gita’s philosophy is also compared with The Japanesse culture. It is further analysed and proved that Bhagwad Gita’s model is the supreme and collective in nature. It must be adopted as a syllabi in all management education.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October 2005. Pp: 7-14    

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-2.pdf

Article Views  :  276

Download

Title: Role of women in Rural Development (Encountering the real ground problems)

Description: 

Author:  Dr. Manjeet S. Pardesi, Chartered Accountant and President of NGO SAHYOG, Delhi  Email: drmanjeetsinghca@gmail.com

Abstract: Indian population is 48.1% women and 51.9% men. Female illiteracy is 62% whereas the male illiteracy rate is 34%. The labour force participation rate of women is 22.7%, less than half of the men’s rate of 51.6%. In rural India, agriculture and allied industrial sectors employ as much as 89.5% of the total female labour. Women have extensive work loads with dual responsibility for farm and household production. Women’s work is getting harder and more time-consuming due to ecological degradation and changing agricultural technologies and practices. Women have an active role and extensive involvement in livestock production, forest resource use and fishery processing. Women contribute considerably to household income through farm and nonfarm activities as well as through work as landless agricultural labourers. Women’s work as family labour is underestimated. There are high degrees of inter-state and intra-state variations in gender roles in agriculture, environment and rural production.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October 2005. Pp. 15-22.

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-3.pdf

Article Views  :  215

Download

Title: New Lessons of International Business (The basic constraints and the risks for the marketers)

Description: 

Author:  S. Rajaram, Lecturer (MBA), Arumlmigukalasalingam College of Engineering, Krishnankali, Tamilnadu. 
Email:  pcsrajaram@yahoo.co.in 

Abstract:  International business is controlled by the international trading enviornment through global economy. A marketer can only be said smart if he keeps a close eye on the various bearing issues, taking place in the global economy. Apart from such issues, some basic constraints and the risks inbuilt within the economics of the countries also set the path for international business. Regulatory measures, Economic trade unions, Cumbersome procedures & other international problems are the basic constraints which must be focussed closely. On the other hand, commercial risks, political risks, legal risks, cargo risks, credit risks and foreign exchange fuluctuations risk are the risks which can prove to be fatal for the marketer.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pp 23-27.    

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-4.pdf

Article Views  :  271

Download

Title: Rural Market-A Gold Mind For The Entrepreneurs (A new face of high scale and profit maximization)

Description: 

Author:  Raghavendra Dwivedi, Lecturer, Bharat Institute of Technology, Meerut.
Email:  ragh_dwivedi@yahoo.com

Abstract:  Since 1991 the liberalization of Indian economy took place, new entrepreneurs have chanced
establishing themselves. As Market has become very competitive and every segment of every product
category is full lot of varieties of several brands. Regime of monopolist has been end. New entrepreneurs
are in the market with innovative strategies and practices, all are fighting to survive and grow by
trying to provide value to their consumers.
Market of cities is saturated for many products especially for FMCG products hence search of
new markets is necessary and best option for entrepreneurs is to grow rural market of India. India has
second largest populated country of the world and approximately 67 per cent of the population is
living in the villages. It means rural India represents a big market for marketers; it is almost double
as large as the entire market of USA or USSR. Rural market has been growing steadily in recent years
and is now larger than urban market. (53 per cent of all FMCG’s and 59 per cent of all consumer
durables are sold in rural India) companies and to harvest the rural market it is necessary to understand
the peculiar features in different segments. The business community should try to reap this market
keeping in view the effect of IT revolution for getting the benefits of communication and advertisements
and also consider the rapid changes of economic progress overall due to government incentives to
rural India. We can see that M NCs like Hindustan lever, Pepsi and Cocacola, L G and ITC are trying
to tapping this market by making separate strategy for their business interests
Classification-JEL: A0, T18, C0
Keywords: stress; employee attraction; pressure; turnover; retention strategies
Journal: Journal of Commerce and Trade
Pages: 28-32    
Volume: 0
Issue: 1
Year: 2005
Month: October
File-URL: http://www.jctindia.org/oct-2005/v0-i1-jct-5.pdf

Article Views  :  161

Download

Title: Transformation in Indian Banks-Challenges and Opportunities (Applicability of Information Technology)

Description: 

Author 1:  Dr. R. K. Uppal, Head, Department of Economics, D.A.V. College, Malout (Punjab).
Email:  rkuppal_mlt@yahoo.com

Author 2:  Rimpi Kaur, Project Fellow, D.A.V. College, Malout.
Email:  mc_rimpy@yahoo.co.in

Abstract:  The severe crises of 1991 gave birth to the new economic thought in the country. A bundle of measures were taken to remove the various deficiencies and rigidities in the Indian economy. Hence, new economic policy was introduced to mold the Indian economy to the right path. Financial sector reforms and banking sector reforms are the part and parcel of economic reforms, which strengthen the economic reforms. Under the regime of banking sector reforms, IT Act of 1999 gave new dimensions to the Indian banking sector. IT has created transformation in banking structure, business process, work culture and human resource development. It affected the productivity, profitability and efficiency of the banks to a large extent. The present paper analyzes the major parameters of productivity, profitability of major banks and also analyzes their NPAs and share of non-interest income from the total income in the pre and post e-banking period. The paper concludes that performance of all the banks under study is much better in post-e-banking period and further foreign banks are at the top position, whereas the performance of the public sector banks is comparatively very poor. At the end, paper suggests how public sector banks can convert the emerging challenges into opportunities?

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 33-40.

File-URL: http://www.jctindia.org/oct2005-v0i1-6.pdf

Article Views  :  2

Download

Title: A Historical Tour To Indian Economy (Pre and Post Colonial Preview)

Description: 

Author:  Dr. (Capt.) Santram, Head, Dept, of Commerce and Acting Principal, A.S. College, Mawana (U.P.) 
Email:  shreymeerut@gmail.com

Abstract:  The economy of India is fastest growing major economy in the world with a GDP growth rate of 8.1 percent at the end of the first quarter of 2005-2006. The agriculture in pre-colonial India satisfies the food requirements of the village and also provides raw materials for hand-based industries like textile, food processing and crafts. The estimated revenue of Akbar’s Mogul empire in 1600 at £17.5 million in contrast to the entire treasury of Great Britian in 1800 i.e., £ 16 million. A broader macro-economic view of India during the colonial period reveals that there were segments of both growth and decline. The economic liberalisation of 1991, initiated by then Indian Prime Minister P.V. Narasimha Rao and his finance minister Mammohan Singh in response to a macro-economic crisis did away with the Licence Raj and ended public sector monopoly in sectors while automatically allowing approval to FDI.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 41-44.

File-URL: http://www.jctindia.org/oct2005-v0i1-7.pdf

Article Views  :  2

Download

Title: Service Loyalty Measurement : A Confirmatory Factor Analysis Through Reliability Assessment

Description: 

Author 1:  Duraipandian Israel, Associate Professor, School of management, Karunya Deemed University, Coimbatore.
Email:  disrael@rediffmail.com 

Author 2:  J. Clement Sudhahar, Assistant Professor, School of Management, Karunya Deemed University Coimbatore.
Email: clemns@gmail.com 

Abstract:  It has been an observation that long-term relationships with the customers enhances the profitability. The study of customer loyalty and business performance has been a focus in the customer relationship management. SERVLOYAL is conceptualized as an interaction of attitude and behaviour such that the behaviour (loyalty) is determined by the strength of relationship between relative attitude and repeat patronage. In the present study, the colleted response were analysed for their scale properties through a confirmatory factor analysis (CFA) using a Structural Equation Modeling (SEM) package through Amos versiton 5.0. The present study is a real sample study to check the service loyalty, the needed one in the service marketing research.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies.

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 45-51.

File-URL: http://www.jctindia.org/oct2005-v0i1-8.pdf

Article Views  :  118

Download

Title: Business Process Reengineering (A Radical change offering specific recommendations)

Description: 

Author:  Dr. Sanjeev Verma, Senior Lecturer, University of Petroleum and Energy Studies, Dehradun.
Email:  sankrn2003@yahoo.com

Abstract:  This paper focuses on Reengineering. Business Process Reengineering is the fundamental rethinking and radical deisgn of business process to achieve dramatic improvements in critical, contemporary measures of performance such as cost, quantity, service and speed. BPR, as short-term efficiency exercise, is often used by companies on the brink of disaster to cut costs and return to profitability. The author, taking the cases of sample companies, suggests to apply the modern BPR solutions to the companies.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 52-55

File-URL: http://www.jctindia.org/oct2005-v0i1-9.pdf

Article Views  :  4

Download

Title: Factoring Services in Indian Financial Market (The Recent Trends)

Description: 

Author:  Dr. G.S. Rawat, Reader, Department of Commerce, N.M.S.N. Dass (PG) College, Budaun (U.P.)

Abstract:  Factoring is an unique financial innovation and a quite popular mechanism of managing, financing and collecting receivables in developed world. It has just been introduced in India. In fact, factoring ensures a definite pattern of cash inflows from credit sales, continuous factoring may virtually eliminate the need for the credit and collection department, which will  substantially cut down in the fixed cost of Supplier. This paper suggests that prospects of factoring services are wider and better in India in all respect.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 56-62

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-10.pdf

Article Views  :  

Download

Title: Socio-Economic Conditions of Daily Wage Earners (A Real Case Study of Mussoorie Hill)

Description: 

Author:  Dr. P. N. Singhal, Reader, Department of Commerce, D.N. (PG) College, Meerut (U.P.)
Email:  rnimeerut@gmail.com

Abstract:  Daily wage earners refers to such Persons who contract wages on daily basis or daily from different person for any work done or service rendered. No classification is possible for daily wages earners. On the basis of economic activities as it is difficult to identify them in any manner. They occupy different types of employment in the town. Daily wage earners suffers from social prejudice on account of backward Socio-Economic conditions. The author in present study surveyed four major localities of Mussoorie Hill Station comprising 359 Garhwalis and 126 Nepalesse as coolie-porter, rickshaw-puller, dandi-coolie and tourist guide etc.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 63-65

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-11.pdf

Article Views  :  132

Download

Title: Cotton Textile Industry Workers (A Case Study of Their Problems and Prospects)

Description: 

Author:  Bhrat Breja, Chartered Accountant, Meerut

Abstract:  Cotton yarn/cloth industry is one of the core sector industries in India. Meerut region including 9 important places constitute a golden spot on Textile map of India. The present study surveys 300 workers from 30 units about their socio-economic-industrial life. Of 300 workers, 150 are taken from organized sector and rest from unorganised sector. All the textile workers are divided into 14 different jobs. The findings of the author contains the main problem of textile workers i.e., of finance. Most of workers interviewed are worried about money.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 66-72.

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-12.pdf

Article Views  :  118

Download

Title: A Suitable Tax system in Indian Economic Conditions (A collection of essential features at a glance)

Description: 

Author:  Virendra Kumar, Research Scholar, C.C.S. University, Meerut. 

Abstract:  Tax system is basically a combination of different policies, principles and cannos of a state which are adopted to collect money. The tax structure should be flexible to the changing requirements of the economy & there must be an arrangment for tax payer’s right. The tax system and the fiscal policy of Government should directly promot the capacity to take risks and invest further. In a developing economy, the public must not feel that the existing tax policy is exploiting in nature, and a belief must also be established that the money collect as tax is used properly without wastage.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 73-75

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-13.pdf

Article Views  :  101

Download

Title: Effectiveness of Indian Monetary Policy in Present Context (An analytical appraisal)

Description: 

Author 1:  Dr. S. K. Sharma, Reader, Department of Commerce, D.N. College, Meerut. 
Email:  drsksharma1964@gmail.com

Author 2:  Kapil Garg, Research Scholar, Department of Commarce, D.N. College, Meerut.
Email:  drkapil9@gmail.com

Abstract:  In the content of developing economy like India the main motive of monetary policy is to stablize and fulfilling the infied balancing process. For this, R.B.I. has time to time used and tested various quality controls for the use of currency. These controls can vary according to circumstances. In other words the quantitative and selective approaches has always changed due to changing scenarios because India has its own limitations for finance and economy. These limitations are on the one hand due to the characteristics of developing economy and on the other hand due to the present state of economy. In the present context, the Indian monetary policy runs under the various limitations such as nature, structure, parallel economy and currency market etc. Other than these limitations the effectiveness of financial equipments are minimised by certain other forces like public expenses, taxes, agricultural policies, foreign business and investment policies etc. Though a developing country has very limited area of monetary policy for its development, but it does not mean that it has no roll in developing countries. It is true that the huge problem of economic growth can’t be rectified by economic respecffling because the economic growth depends on man power, capital, land and other such resources. But the monetary policy can help to a great extent in the conomic growth by supply of credit and minimisation the inflation that’s why the monetary policy is considered as the base for economic growth. By analysing the Indian monetary policy we can conclude that it has a very strong fundamental back ground but when it is practically applied various problems are generated that are given in the above analysis. This is the reason that monetary policy can’t achieve more success in its goals.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 76-80.

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-14.pdf

Article Views  :  126

Download

Title: Entrepreneurship Awareness Among College Students (A Case Study of Triunelveli District of Tamil Nadu)

Description: 

Author-Name:  S. Chockalingam, Lecturer, Department of Management Studies, Arulmigu Kalasalingam College of Engineering, Krishnankoil Srivilliputhur. Virudhunagar District Tamilnadu

Author-Email:  kslingam07@yahoo.com

Abstract:  The concept is defined as “the director or a manager of a public musical institution, one who gets up entertainment especially musical performance”. Entrepreneurial orientation is not an individual phenomenon. India holds the 14th position in Entrepreneurial growth. The present survey was conducted in and around Tirunelveli District with 500 respondents. The respondents felt that consumer related activities were the best form of business. Around 72% of respondents approved of the values being acquired in the realm of education.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 81-84.

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-15.pdf

Article Views  :  95

Download

Title: Rural Development and Poverty Alleviation By Expanding Rural Lending

Description: 

Author-Name:  Vipul Yadav, Head, Department of Management, Dewan Institute of Management Studies, Meerut

Abstract:  It must be recognised that without development of the rural area a country cannot banish poverty. This study also revals about availaibility of institution credit to greater equality between rural & urban socity. Indian banking is in a better position with respect to technology, capital adequacy, credit management, risk bearing capacity, international competitiveness and contribution to the national economy. The author, thus, empharizing on rural lending suggests to increase it.

Classification-JEL: A0, T18, C0

Keywords: stress; employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 0 Number 1. October, 2005. Pages: 81-84.

File-URL: http://www.jctindia.org/jct/oct2005-v0i1-16.pdf

Article Views  :  89

Download





INNER