Provision of ambulance services in remote areas is an important policy intervention to strengthen the referral system and improve the quality of emergency care. The financial requirements resulting out of capital costs and operating expenses are huge. Given the financial constraints facing the...

Hospitals are an important component of the healthcare delivery system. Over the years, India has experienced a significant increase in the number of hospital beds to meet the growing health demands of its population. Most of this growth has been experienced in the small sized private hospital...

The hypothesis that companies substitute trade credit for bank credit during period of restricted monetary policy has been subject of empirical investigation for the reasons that it helps us to understand the linkages between the financial sector and real sector of economy. This paper examines...

The central sponsored programmes (CSPs) have been one key policy initiative of the Government of India to support the health sector programmes directly, even though the health has remained the State subject. The Centre provides direct support to the States in meeting both recurring and...

Behavioral experiments conducted so far to establish existence of endowment effect as propounded by prospect theorists typically endow subjects with a single good. In this paper we depart from this setting by giving subjects initial endowment bundles which consist of two goods: chocolates and...

Real corporate governance requires tough financial regulators which effectively work to safeguard investors’ interests in securities and endeavour to create a proper environment for the securities market to develop. The financial regulators – Securities and Exchange Board of India, SEBI in...

In this paper, we study the mechanism of dynamic pricing of electricity and its opportunities in the Indian context. We compare the economic efficiency of dynamic pricing vis-à-vis the traditional flat tariff of electricity. We analyse various ways in which dynamic tariff can be introduced in...

For a country like India, which is committed to the rule of law, the role of police is undergoing changes very rapidly. It is primarily due to the fact that the country has transformed from a police state to welfare state since independence in 1947, and thereafter since India became a Republic...

The corridor allocation problem is one of assigning a given set of facilities in two rows along a straight corridor so as to minimize a weighted sum of the distances between every pair of facilities. This problem has practical applications in arrangements of rooms in oces and in hospitals. The...

The current situation of a large CAD, low growth, and plunging rupee is a result the combination of early withdrawal from the fiscal stimulus and the RBI’s monetary conservatism. There is possibly a way out if credit can be expanded to close the differential between the low end government bond...