JTMGE Vol. 9 No. 1 (April 2018)
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Item Construction of Health Infrastructure Index in Haryana: An Econometric Approach(Chitkara University Publications, 2018-04) M. M. Goel; Ishu GargThe provision of health infrastructure is one of the major areas of concern in Indian economy including Haryana. Health infrastructure which comprises all the resources necessary to provide health services, is proved to be essential to create health human capital. Thus, being a merit good, establishment of health infrastructure is the prime duty of the State. With this backdrop, the present study is attempted to construct health infrastructure index for the State of Haryana. On the basis of the available data taken from various issues of Statistical Abstract of Haryana, fourteen indicators of health infrastructure are considered for the period of twenty one years from 1991-92 to 201112. First of all, the collected data is analyzed by computing descriptive statistics which reveal that seven indicators of health infrastructure possess positive compound annual growth rate (CAGR) while seven others have negative CAGR and certain indicators have experienced high variations in their number over the years. Next, normalization of data is done and then by applying principal component analysis (PCA), composite index for health infrastructure is constructed in various steps including correlation matrix, KMO measure and Bartlett’s test; eigenvalues of components; component loading matrix; calculation of weights for variables (indicators of health infrastructure) and finally health infrastructure index. As per index scores, ranks are given to the State for its health infrastructure for all twenty one years. It is found that health infrastructure in Haryana for the year 2004-05 have attained rank 1st with index score 1.000, followed by 2011-12 with score 0.837 and the year 2003-04 having the value of 0.764. Between 1991-92 and 2011-12, up and downs in index scores as well as in ranks are seen. Besides, score of health infrastructure index remain up to 0.5 for eleven years while above 0.5 for ten years. However, the year 200910 can be considered quite embarrassing for which score of health infrastructure index is zero indicating availability of health infrastructure was at lowest level in this year. Fortunately, the year 2011-12 having 2nd rank in health infrastructure index arises a ray of hope for the further promotion in the availability of health infrastructural facilities in coming years in State of Haryana. However, negative growth rates of certain indicators and low scores of health infrastructure index calls for immediate attention of Government with sufficient investments towards health infrastructure in Haryana.Item Drivers and Barriers to Adoption of Multivendor ATM Technology in India: Synthesis of Three Empirical Studies(Chitkara University Publications, 2018-04) Jyotiranjan Hota; Saboohi Nasim; Sasmita MishraAs an incremental change to single vendor ATM Technology, multivendor (MVS) ATM technology has already penetrated into Indian Market. However, its growth in Indian market may depend on several factors. Understanding the drivers and barriers from the point of view of all the stakeholders of this technology can provide a preliminary understanding about its growth in India. This paper attempts to compile the empirical findings from three studies on three stakeholders and provides a synthesized finding on the possible drivers and barriers of this technology implementation in India.Item Rising Toll of Frauds in Banking: A Threat for the Indian Economy(Chitkara University Publications, 2018-04) Neha Sharma; Dhiraj SharmaBanking is a process which predicts the relationship between sources of funds and their application. The basic process of banking helps the society to bridge the gap between availability and usage of these available funds in a correct manner. Over the years the banks have developed in a very big way, and with the growth of banking business, banking frauds have taken birth. The history of banking frauds is almost as old as the banking startup. Today, bank frauds have taken all possible forms and are prevalent in every facet of banking. There is a spirited need for banks to always stay alive to threat of frauds, build strong systems that can shield, pre-empt frauds, continuously monitor and review the efficiency of such preventive systems. To succeed in controlling frauds, banks need to be proactive and pre-emptive. This study establishes a theoretical framework with regards to banking frauds in the Indian context as well as shows the picture of frauds in banking sector outside India. By reviewing various studies in the area of banking frauds the paper built a research model which further helps to find out various types of frauds and reasons for the same, and will definitely give new scope to further studies. The present study sheds light on the area by reviewing various studies in the field of banking frauds. The study helps to find out the growth and trends of frauds in the banking sector and specially focuses on Indian Banking sector, as at present there are very few studies which give an in-depth insight of frauds in banking sector. Further the study also reviews the role of employee and customer with regard to banking fraud studied which is primarily needed in the context of Indian Banking system. The present study is conducted by collecting secondary data from the published and unpublished Sources, Government Publications, journals, magazines, books and periodicals etcItem Trend & Mind-Set that India’s Central Science & Technology Sector & Further Need(Chitkara University Publications, 2018-04) Tapas Kumar ChoudhuryThe ability to innovate and deploy globally competitive technologies has been recognized as the next key driver of global economic change in the emerging knowledge economy. While science is scholarship driven, technology and innovation are market and competition driven, respectively. Currently, Indian Research and Development landscape is largely influenced by the character of public funded research and selection of R&D priorities is mostly supply driven. The private sector investment into R&D have been marginal. Therefore, demand driven component of R&D goals has been limited. Policy, strategy and tools are required to stimulate larger investment into demand driven R&D goals. Energy sector invests far too into R&D, although industrial turn over in the sector is extremely high. Promotion of public- private partnership into R&D and clean energy is a critical component of India’s competitiveness in global trade and industrial growth. New strategies and tools are required to stimulate engagement of private sector into R&D and enhance the share of private sector investment from the current 26% of India’s R&D spend to at least 50% during the 2012-17 period. The larger share of public investments into R&D could also be leveraged by focusing of R&D for public and social ‘good priorities of the country. There is an un-tapped opportunity for India to emerge as a global leader in affordable innovations under PPP by focusing on R&D for public and social goods in the areas of agriculture and food security, water, energy, affordable health care, education, environment, renovation of urban infrastructure, S&T inputs to rural development etc. Residual idealism among the youth and vast talent base offer an opportunity for the R&D sector in: the country to gain leadership in affordable and social innovations. Coming five years should lead to the creation of an innovation ecosystem most suited to the developmental phase of the country. Such an ecosystem should be complete with new responses to risk averse nature of the society, delivery models for innovative deployment of technologies, business models for financing deployment of innovations and adjustments in governance and management models for supporting strategic goals of innovations. The approach for R&D sector should address all’ stages of life cycles of ideas; from creation to commercialization and value creation. Thiswould call for paradigm shifts in approaches of planning for R&D in India during the Twelfth Five Year Plan period.Item An Empirical Research on Impact of HRD Climate on Infosys Pune(Chitkara University Publications, 2018-04) Geetanjali Bhambhani; Monica Sainy; Rajiv GuptaIn current scenario of ever changing surroundings IT sector is an emergent and mounting solitary. IT sector being a part Service industry is extreme lyreliant on the proficiencies and enthusiasm of recruits. Thus it’s momentous to investigate Human Resource Development which is comprised of two elements i.e., climate and culture of such organizations. The current research is an attempt to identify the HRD-climate practices in Infosys Pune. The investigator has used standardized planned opinionaire together information from the 50 employees of Infosys opinionaire.The information collected was analyzed by applying Factor analysis, Friedmen-test, one-way anova, Correlations and mean score. The main aim of present research was to examine the temperament of HRD-climate in Infosys and identify the factors conducive towards HRD-climate. Here researcher makes an effort to pull out notable HRD-Climate components derived from the inter-relationship of variables of HRD-Climate. Based on belief of Infosys employee’s influence of HRD components is measured. The result of the study involves 50 respondents from Infosys. The correlation analysis it has been observed that all three components HRD Mechanisms, General climate and OCTAPACE Culture are highly correlated to each other the value of r is lies 0.687 to 0.834, which highlights that deviation in single component will have strong influence on other two components. HRD-mechanisms is the top influencing element with mean score of 2.14. On account of overall result research determines that employees are motivated in their organisation, there is high level of team spirit and employees are encouraged to bring creative ideas and are supported by top management of organisation.