In the wake of the public sector reform programme, performance of public sector units in terms of profitability has become a highly debated issue in India, where major arguments given for inefficiency of public enterprises are over employment and lack of managerial autonomy. However, there is...

This paper is an attempt to link the problem of non-repayment in the formal credit market with the accessibility to credit from informal sources. In many developing countries a well established network of informal lenders continues to prevail in spite of various formal lending programmes...

Developing counties all around the globe have been trying to adopt market-driven institutional systems. As the pace of economic reforms gains momentum, it becomes increasingly evident that these reforms have resulted in new challenges and issues. For example, the economic growth which picked up...

IT industry has shown phenomenal growth in the city of Bangalore which has changed the very nature of the city. Large migration to the city also has created several environmental problems. Because of growth of this industry in selected pockets income inequality in the state is also on the rise...

This paper examines in a dynamic game-theoretic framework framework, the role of social institution of money and markets in facilitating exchange. It reveals how, depending on the level of transaction costs associated with a market setup (synonymously, trading posts) appropriate monetary trade...

The issue of non-performing assets (NPA), the root cause of the recent global financial crisis, has been drawing the attention of the policy makers and academicians alike. The problem of NPAs, which was ignored till recently,has been given considerable attention after liberalisation of the...

This paper examines the technical efficiency, technological gap ratio (TGR) and productivity change of Indian pharmaceutical firms across different groups. The groups are formed based on their size, strategies and product varieties. The study indicates that vertically integrated firms that...

This paper examines the competitiveness of Indian pharmaceutical firms by computing their technical efficiency for the period 1991 to 2005 using the non–parametric approach of data envelopment analysis (DEA). The analysis establishes that even though the output efficiency levels of firms...

This paper examines the nature and extent of farmers’ indebtedness in India using the unit record data from the 59th round of the NSSO, provides a comparative picture of the major Indian States and an in-depth analysis of Karnataka. In terms of access to credit, seen through the extent of...