Escalating costs of the pension system is forcing the Indian Government to reevaluate the formal programmes that provide social security to employees. The government has so far received three official reports (namely, OASIS, IRDA and Bhattacharya), which have examined the issue and suggested...

The sharp rise in prices in the last few years has stirred up a brisk debate on the meaning and measurement of business income. In computing income, the costs of labor and material are generally reflected in current prices, but the provision made for depreciation is generally not sufficient to...

This paper explains the mechanics of badla trading and settlement. It reviews badla transactions, fixation of havala rates and margins, the market process of determining the badla rates, and payment procedures. The accounting mechanism for carry over business illustrated with hypothetical...

Like many areas of business, portfolio management is both an art and a science. It is much more than the selection of securities from a catalog by a financial consultant or the application of a formula to a set of financial data input supplied by a security analyst. It is a dynamic...

Need for closer interactions between natural scientists and farmers to generate relevant technologies is being increasingly recognised. The uniformity of ecological endowment and its correspondence with conditions at research station did not call for reorientation of research strategy for...

Much has been written on bio-gas plants as a solution to energy crisis and for overall benefits to the rural community. In the review of literature the strategy adopted by the government of India to encourage setting up small-sized individual farm-based units or large-sized community plants...

In May 1979, Accounting Standards Committee of U.K. has issued Exposure Draft 24 “Current Cost Accounting”. The purpose of this article is to prepare the BHEL financial statements for the last three years (1975-76, 1976-77 and 1977-78) on the basis of new guidelines available. The prepared...

Land use planning in tropical developing countries has posed a tremendous challenge to planners owing to high ecological diversity. The problem is particularly complex in semi-arid regions where due to high degree of environmental uncertainty, the traditional land use practices have been evolved...

This paper presents a case for assured return in mutual fund industry. The retail investor is willing to take the market risk but would like to limit their losses due to intermediation risk which arises because of poor institutional accountability and lack of complete faith in the integrity of...

Often the technological solutions to problems arising out of low productivity of grazing lands in arid and semi-arid regions are searched in a very narrow framework. Different classes of users ranging from landless livestockmen to landed livestockmen are considered equally vulnerable in the...