Volume 13 Number 1: April, 2018

Title: A Conceptual Study of STARTUP INDIA – A Rejuvenation

Description: 

Abstract : Scott Belsky once said that It's not about ideas, rather it's all about making ideas happen. It is a well-known fact that for a STARTUP to flourish only 20 per cent of the idea is required; rest 80 of the work is of execution. In the age of emerging Start Ups, when the competition is at its peak, it becomes difficult for companies to rise. Though India continues to harbor the third largest startup base in the world, the challenges range from cash flow to family support and to choosing right investors and so on. This research paper revolves around the concept of Start Up India Campaign, brought into existence by Shri Narender Modi, Prime Minister on 15th August 2015. The basic purpose of this paper is to throw light on the initiative taken by the government and to discuss the policies, plans, strategies and related schemes. We will also discuss about the roadblocks faced by our young entrepreneurs and the possible outcomes of the same.
Keywords : Entrepreneurship, Government Plans, Initiatives, Innovation, Startups, Strategies
Classification-JEL : L16, O14, O38

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Title: Impact of Small Scale Industries on Afghanistan's Economy

Description: 

Abstract :  Industries and small scale industries in particular play a crucial role in the economic development of a country. This study which is based on secondary data was conducted to know the true impact of small scale industries
on Afghanistan's economy. Throughout the history, the country has experienced many pages of downs and ups in terms of industrial revolution where many empires took actions in regard with industries and they have taken some steps in this regard and have been able to make Afghanistan a great and popular land in the region as being a land of industries. Especially in the era of Ghaznawian (10th – 12th centuries), the country witnessed great success in terms of industries e.g. in the areas of textiles, architectures, lithograph, tiles and so on. In the 18th century when the British Empire came to occupy Afghanistan, it lost many opportunities and the country took a backward turn. In the 19th century developmental steps were taken and industrial houses were made. Gradually they moved to the 20th century and some positive actions were taken, but due to political conflicts they again came to a halt. Till 2002 there were not much of development actions in terms of industries. As the study shows, it was only after 2002 that the government of Afghanistan made some special plans to develop industries. People started to work in small scale sectors like silk, felt, rug, wooden furniture etc. and create economic value for their country. Small scale industries contribute a lot to the economy of any country. It is a source of income and employment for people. The rural people are engaged with the sector and work independently. According to a survey, 70 per cent of the people consider the impact of the sector as positive, and more than 50 per cent say that the sector helps to eliminate poverty and bring economic development. Apart from all the positive impacts of small scale industries to the economy, the study shows that it faces many problems which need to be solved. The problems of lack of capital, infrastructure, organization, lack of skilled labor, security and strategic marketing are major impediments in the way of small scale industries in Afghanistan.

Keywords : Small Scale Industries, Economic Development, Handicrafts, Afghanistan
Classification-JEL : L16, L26, O25, O53
 

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Title: An Analysis of India's Trade Intensity with UAE

Description: 

Abstract : Today no nation in the world is fully self-reliant on its own resources. All the nations of the world are somehow interdependent on others, because every nation has its own natural resources, climate, geographical conditions and sources of energy. International interdependence is the main feature of today's global economy. Trading links between India and UAE have existed since ancient times. Indo-UAE trade has grown enormously in recent years. Many statistical trade indices are available to measure trade between two countries. One of them is the trade intensity index. The trade intensity index appears in two forms, the export intensity index and import intensity index. A few studies have done to explore intricacies of the trade relationship between the two countries. Under such scenario this paper investigates the major trends of bilateral trade and explores issues associated with trade intensity. An attempt is made here to examine the India's Trade Intensity with UAE for the period from 2006 to 2016. The paper also suggests measures to enhance trade intensity between India and UAE. Time series data have been used to measure Trade Intensity Index (TII). The findings of the study reveal that India's trade with UAE is more intense in comparison with its other trading partners.

Keywords : Trade Intensity, Import-Export, India UAE Trade, Foreign Trade

Classification-JEL :  F13, F15, N15, N55

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