Reforms and Economic Transformation in India: A Stocktaking

In early 1991, a major economic crisis occurred in India due to worsening balance of payments situation. To tackle the problem the country introduced a policy of macroeconomic stabilization and structural reforms. The widening gap between the public revenue and public expenditure resulted in growing fiscal deficit which was financed by borrowings. The internal imbalance in the fiscal situation and the external imbalance in the payments situation wee closely related. A widening current account deficit and fiscal deficit precipitated the crisis. To counter the worsening economic situation India launched a programme of economic reforms that principally had two components: Structural reforms and Macroeconomic stabilization. In the last three decades or so the Indian economy has flourished by registering sustained economic growth. There is improved fiscal management and the external payments situation has substantially got better. The economy is much bigger in size and the per capital income an indicator of rising living standard has risen substantially. India currently is the fifth largest economy in the world. Rising economic growth has been accompanied by sharp decline in poverty, expansion of trade, industry and services and rural transformation

Enhancing Financial Literacy for Sustainable Future: A study among Kerala’s Rural Cashew Workers

The impact of financial literacy on rural cashew workers\u27s long-term economic security and growth is explored in this research from Kerala, India. It stresses the need of financial education in raising financial literacy, a prerequisite for economic agency. The study looks at the effects of financial literacy on leadership, time management, financial wellness, decision-making, income management, and other aspects of economic growth. This study uses Structural Equation Modelling (SEM) as part of its deductive quantitative technique to examine data collected from 426 rural cashew workers who are economically disadvantaged. The results show that there are strong links between knowing how to handle money and being financially independent in the long run. The study highlights how financial education and literacy may help rural cashew workers become more financially independent and secure, which in turn helps achieve sustainable development goals and more financial inclusion

Business Saga of LANTEC Technologies, MASAT: A Case Study

Engineering products have been a key sector in overall manufacturing sector. One of the key engineering products is the Electronic Control Panel. As part of the Power Supplying unit these electronic panels support the plant site of the industries. Lantec Technologies is one such company in the electronic panel manufacturing Industries which is extending its services since 2006 and has a history effective 1995 when the owners took first step in engineering product manufacturing. The Company started full fledge operations by 2008 and then there was looking back. Even in the Pandemic the Company could manage to survive with its strength of product quality and better human values. This case study attempts to understand the domain of Electrical Control Panel Manufacturing Business& the strategic skills associated with such Businesses. It further aims togain knowledge with respect to the dynamics of Electrical Control Panel Manufacturing Business with special reference to Lantec Technologies, Masat. The Case creators have extended recommendation models & theories on Business functioning with special reference to Electrical Control Panel Manufacturing Businesses. The case has the potential to benefit the players in the industry. Also it has the potential to benefit the Students especially from commerce & management sphere and the new startups planning to enter the field of electrical panel manufacturing

An Empirical Study Using Meta-Analysis to Learn How Social Media Affects Organic Consumer Goods Purchase Behaviour

The research indicates a steady increase in the population interested in consuming organic food. This interest has primarily been motivated by health concerns. Despite extensive research on many aspects of organic food consumption, no study has comprehensively examined the factors influencing consumers\u27 perceptions of organic products or their purchasing behaviours regarding organic commodities. This is despite the extensive study conducted on organic food consumption. We utilise a sample of 124,353 customers interviewed for one of the 150 research published between 1991 and 2016 to conduct a meta-analysis examining the variables influencing consumers\u27 preferences for purchasing organic food. The articles were disseminated from 1991 to 2016. From 1991 to 2016, these studies were disseminated in scholarly journals. The findings indicate that the search and experience attributes of organic foods are not regarded as highly as their credibility aspects. This illustrates that consumer beliefs regarding the benefits of organic food versus conventionally produced food are the primary impetus for the industry. The results indicate that search and experience characteristics are not less relevant than credence attributes; instead, they reveal that credence attributes substantially influence customers\u27 decisions regarding organic food purchases. The ability to understand consumer perceptions regarding search, experience, and credibility factors can offer organic producers and sellers a distinctive marketing advantage and a unique selling proposition for their products

Trends in Liquidity Position of Indian Automobile Companies: A Study of Companies Listed in NIFTY Auto

Liquidity is defined as a company\u27s ability to meet its short-term obligations. It is one of the important criteria for measuring the financial health of the company. Understanding the liquidity position is crucial for making informed investment decisions over the long term, as dividend decisions often depend on liquidity. Understanding and analysing liquidity position is a challenging task. Therefore, as a solution, the present study aims towards the Indian automobile industry and evaluates the liquidity position by using short-term liquidity ratios and working capital management ratios. A study was performed in the companies listed in the NIFTY Auto index. An attempt has been made to rank the companies from the select list. Users can use this methodology to rank the companies in their portfolio. The study finds the top three and bottom three companies based on liquidity ranking and suggests some practices to enhance liquidity among the automobile companies

Assessing the Effectiveness of Metadata Management Systems in Enhancing Data Governance: A Primary Study of IT and Data-Driven Organizations

In the era of digital transformation, data has become a critical asset for organizations, necessitating robust data governance frameworks. Metadata management systems (MMS) have emerged as essential tools for ensuring data quality, traceability, compliance, and overall governance. This study investigates the effectiveness of metadata management systems in enhancing data governance practices within IT and data-driven organizations. Through a combination of qualitative interviews and quantitative surveys conducted across multiple industries, the research identifies key functionalities, adoption challenges, and measurable impacts of MMS on data governance maturity. Findings indicate that organizations utilizing advanced MMS experience improved data lineage tracking, policy enforcement, and stakeholder collaboration. However, integration complexity and lack of skilled personnel remain barriers to full implementation. This paper contributes to the understanding of MMS as a strategic enabler for data governance and offers recommendations for organizations aiming to optimize their metadata practices

Effect of Forensic Data Analysis on Fraud Detection of Listed Firms in Nigeria

This study examines the effect of forensic data analysis on fraud detection in listed firms in Nigeria. Fraudulent activities pose a significant threat to corporate governance, financial transparency, and investor confidence. With the rising complexity of corporate fraud, forensic data analysis has emerged as a critical tool in fraud detection. This study employs a quantitative research design, analyzing financial data from listed firms using statistical and forensic techniques. The findings reveal a significant positive relationship between forensic data analysis and fraud detection, indicating that the adoption of forensic tools enhances the ability to identify and prevent fraudulent activities. The study also highlights that firm-specific characteristics such as size, audit committee effectiveness, and regulatory compliance moderate the impact of forensic data analysis on fraud detection. The results underscore the necessity for organizations to integrate forensic data analytics into their risk management frameworks. Furthermore, the study recommends increased investment in forensic technologies, capacity building for auditors, and stricter regulatory oversight to enhance fraud detection effectiveness. Despite its contributions, the study is limited by data availability and potential biases in reported fraud cases. Future research could explore industry-specific applications of forensic data analysis and comparative studies across different regulatory environments

Perceived Effect of Tax Provisions on Nigerian Tax Administration

Tax provisions is an instrument which in shaping tax administration, particularly in developing countries like Nigeria. This study explores the perceived effects of tax provisions on Nigerian tax administration, considering challenges such as informality, weak institutional capacities, and enforcement mechanisms. The research employs a quantitative approach, collecting data through online surveys from a diverse sample across Nigeria\u27s six geo-political zones. Descriptive and inferential statistical methods are used for data analysis. Findings indicate moderate levels of informality activities, institutional capacities, enforcement mechanisms, and tax administration effectiveness. However, weak correlations suggest that the relationships between these variables may not be significant, highlighting the need for further research. The study underscores the importance of understanding the nuanced dynamics between tax provisions and tax administration to address challenges and improve revenue collection in Nigeria

Contemporary Career Orientations: An Empirical Study among Student Migrants from Kerala

Career growth has become both an opportunity and a challenge in the rapidly evolving world of today. Traditional career orientations, characterized by linear advancement within a single organization, have progressively transitioned to more dynamic, self-directed career paths.  Protean and boundaryless career orientations are the most prominent among various contemporary career orientations. Migration patterns are increasingly shaping labor markets and educational landscapes. The study of migrant students\u27 career orientations is highly relevant in today\u27s globalized context. The present study aimed to understand the contemporary career orientations, especially the protean and boundaryless career orientations, among student migrants from Kerala. 200 international students from Kerala participated in the study. The study results indicate that the student migrants have a strong inclination toward proactive career orientations. The findings provide valuable insights into various dimensions, such as self-direction, value-driven behavior, boundaryless mindset, and the organizational mobility preferences exhibited by student migrants.  The study also carries practical implications for enhancing the career development of student migrants

Towards an Effective Education System: Harnessing Factors to Enhance Students’ Performance

The objective of this study was to assess the impact of student engagement on academic performance. Student engagement refers to their participation in scholarly activities and adherence to the university’s goals. The study involved 578 students from different higher educational institutes and universities in central India. The results indicate that cognitive engagement, emotional engagement, and behavioral engagement have a significant impact on academic performance. The research findings would assist academic administrators, professors, and governments improve student performance