This essay draws attention to the fundamental axioms of human nature which the socio-economic policies of India bank upon and analyses why in spite of elaborate planning for development well over a span of fifty years the core economy of the country remains unchanged with wide spread poverty,...

Programs that work very well in optimizing convex functions very often perform poorly when the problem has multiple local minima or maxima. They are often caught or trapped in the local minima/maxima. Several methods have been developed to escape from being caught in such local optima. The...

The thesis of efficiency and optimality of Indian agricultural system has several facets that have called for attention of a number of scholars. Some have proved allocative optimality of resource utilization, the others have proved optimality of distribution of gains from agriculture, while...

In this paper we have proposed a method to conduct the ordinal canonical correlation analysis (OCCA) that yields ordinal canonical variates and the coefficient of correlation between them, which is analogous to (and a generalization of) the rank correlation coefficient of Spearman. The ordinal...

The objective of this paper is to introduce a new population-based (stochastic) heuristic to search the global optimum of a (continuous) multi-modal function and to assess its performance (on a fairly large number of benchmark functions) vis-à-vis that of two other well-established and very...

In 1991 India chose to open her economy and formulated the New Economic Policy (NEP). Under the structural adjustment and reform programmes, the NEP aimed at promoting growth by eliminating supply bottlenecks that hinder competitiveness, efficiency and dynamism in the economic system This study...

Signal waveforms are very fast dampening oscillatory time series composed of exponential functions. The regular least squares fitting techniques are often unstable when used to fit exponential functions to such signal waveforms since such functions are highly correlated. Of late, some attempts...

The rural subsystem of the NER economy consists of some 35 thousand villages inhabited by over 32 million people who constitute about 85 percent of the total population in the region. Of approximately 10.6 million main workers in the NER economy, about eight million workers are directly engaged...

In simulation we often have to generate correlated random variables by giving a reference intercorrelation matrix, R or Q. The matrix R is positive definite and a valid correlation matrix. The matrix Q may appear to be a correlation matrix but it may be invalid (negative definite). With R(m,m)...

The mammoth system of higher education in India, which is almost wholly government supported, is in deep financial strain, with increasing needs, escalating costs and shrinking budgetary resources. Of late, it is thought necessary to devise means to self-finance these institutions of higher...