Role of insurance in the development of India’s micro, small and medium enterprise (MSMEs) / Abhijit Chakraborty and Ashim Kr Das

This paper investigates the role of Insurance in the development of Micro, Small and Medium Enterprises (MSMEs) in India. MSMEs have been accepted as a crucial component of an economy irrespective of the phase of development it is in. It is estimated that more than 95% of the enterprises across the world are MSMEs, employing around 60% people in the private sector. The MSMEs are considered key elements in the development of every nation. In India, MSME sector contributed 28.77% in GDP in 2016-17 with 63 million enterprises and employment of 110 million people. Despite its size, MSMEs cumulatively act as foundation of a stable economy and plays a significant role in the sustainable economic growth of a nation. However, the inherent features of MSMEs including limited financial and managerial capability cause them to face financial and strategic risks. Sustainability of the MSMEs can be supported by eliminating the credit gap and ensuring enhanced access to finance. The provision of financial support by financial intermediaries like banks can be augmented with proper risk management by the MSMEs with the help of Insurance Sector. The study concludes that insurance can play a significant role in the development of MSMEs by providing them adequate risk protection and thus enhancing their access to financ

Dynamical analysis of interacting non-canonical scalar field model

In this work, considering the background dynamics of flat Friedmann-Lemaitre-Robertson-Walker(FLRW) model of the universe, we investigate a non-canonical scalar field model as dark energy candidate which interacting with the pressureless dust as dark matter in view of dynamical systems analysis. Two interactions from phenomenological point of view are chosen: one is depending on Hubble parameter $H$, another is local, independent of Hubble parameter. In Interaction model 1, an inverse square form of potential as well as coupling function associated with scalar field is chosen and a two dimensional autonomous system is obtained. From the 2D autonomous system, we obtain scalar field dominated solutions representing late time accelerated evolution of the universe. Late time scaling solutions are also realized by the accelerated evolution of the universe attracted in quintessence era. Center Manifold Theory can provide the sufficient conditions on model parameters such that the de Sitter like solutions can be stable attractor at late time in this model. In the Interaction model 2, potential as well as coupling function are considered to be evolved exponentially on scalar field and as a result of which a four dimensional autonomous system is achieved. From the analysis of 4D system, we obtain non-hyperbolic sets of critical points which are analyzed by the Center Manifold Theory. In this model, de Sitter like solutions represent the transient evolution of the universe.Comment: 25 pages, 14 captioned figures and 2 Table

Practical Manual On Veterinary Obstetrics (VGO- UNIT II)

Publisher : Social Research Foundation Publisher Address : 128/170, H-Block, Kidwai Nagar, Kanpur Uttar Pradesh, India ISBN : 978-93-93166-99-

ROLE OF INSURANCE IN THE DEVELOPMENT OF INDIA’S MICRO, SMALL AND MEDIUM ENTERPRISES (MSMEs)

— This paper investigates the role of Insurance in the development of Micro, Small and Medium Enterprises (MSMEs) in India. MSMEs have been accepted as a crucial component of an economy irrespective of the phase of development it is in. It is estimated that more than 95% of the enterprises across the world are MSMEs, employing around 60% people in the private sector. The MSMEs are considered key elements in the development of every nation. In India, MSME sector contributed 28.77% in GDP in 2016-17 with 63 million enterprises and employment of 110 million people. Despite its size, MSMEs cumulatively act as foundation of a stable economy and plays a significant role in the sustainable economic growth of a nation. However, the inherent features of MSMEs including limited financial and managerial capability cause them to face financial and strategic risks. Sustainability of the MSMEs can be supported by eliminating the credit gap and ensuring enhanced access to finance. The provision of financial support by financial intermediaries like banks can be augmented with proper risk management by the MSMEs with the help of Insurance Sector. The study concludes that insurance can play a significant role in the development of MSMEs by providing them adequate risk protection and thus enhancing their access to financ

Isostructural phase transition in Tb2Ti2O7 under pressure and temperature: Insights from synchrotron X-ray diffraction

Tb2Ti2O7, a pyrochlore system, has garnered significant interest due to its intriguing structural and physical properties and their dependence on external physical parameters. In this study, utilizing high-brilliance synchrotron X-ray diffraction, we conducted a comprehensive investigation of structural evolution of Tb2Ti2O7 under external pressure and temperature. We have conclusively confirmed the occurrence of an isostructural phase transition beyond the pressure of 10 GPa. The transition exhibits a distinct signature in the variation of lattice parameters under pressure and leads to changes in mechanical properties. The underlying physics driving this transition can be understood in terms of localized rearrangement of atoms while retaining the overall cubic symmetry of the crystal. Notably, the observed transition remains almost independent of temperature. Our findings provide insights into the distinctive behaviour of the isostructural phase transition in Tb2Ti2O7