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Showing posts from January, 2012

Inflation rate in India

Inflation rate in India                                                                                                               - Dr. S. Vijay Kumar                  Inflation rate of a country is the rate at which prices of goods and services increase in its economy. It is an indication of the rise in the general level of prices over a period of time. Since it’s practically impossible to find out the average change in prices of all the goods and services traded in an economy (which would give comprehensive inflation rate) due to the very large number of goods and services present, a sample set or a basket of goods and services is used to get an indicative figure of the change in prices, which we call the inflation rate. Mathematically, inflation or inflation rate is calculated as the percentage rate of change of a certain price index. The price indices widely used for this are Consumer Price Index (adopted by countries such as USA , UK , Japan and China ) and Wh

BIOTECHNOLOGY AND INDIAN ECONOMY

                                             ABSTRACT            BIOTECHNOLOGY AND INDIAN ECONOMY                                                                                                                                                                                    -* Dr.S.Vijakumar Economics of bio-technology is a recent emerging inter-disciplinary subject. It deals with the organizational mechanisms to accelerate developments in biotechnology, the patents and Intellectual property Rights (IPRs) necessary to obtain the requisite R&D and compensate the entrepreneurs, and the emerging markets for products of biotechnology and their pricing. It also deals with the implications of modern biotechnology for biodiversity and bio-safety and the enabling and regulatory role of the government in its development . Biotechnology is a subject, which was pioneered by US scientist Oswald Theodore Avery in 1943, has finally turned the global spotlight on itself. Biotec

Reasons for Dollar Value Rising & Depreciating Value of Rupee

                                                                                                                  -Dr. S. Vijay Kumar The rupee has declined by 20 per cent against the US dollar in the last one year, as the foreign capital inflows necessary to finance the deficit have dried up because of a loss in confidence. The rupee has been the casualty (Today, i.e. on 15-11-2013 $ Vs Rs. is 63.13) .   It is expected that it would continue the slide as many macro economic factors are not in favor of Indian economy. The following are the factors which would slide down the rupee value. Reasons for Dollar Value Rising: Stimulus Withdrawal to the US Economy: The stimulus withdrawal to the U.S. economy strengthening — reaching some important signposts such as a fall in the unemployment rate, by specific dates. The Federal Reserve is acting from a position of perceived strength. With the Fed announcing a reversal, there has been a reverse flow. Investors, mostly the for

QUALITY PARAMETERS IN HIGHER EDUCATION: A REVIEW

                         QUALITY PARAMETERS IN HIGHER EDUCATION: A REVIEW (This article was presented in the State Level Seminar - "Conventional Courses in UG & PG Colleges. Measures to Retain & Promote the Courses using Quality Parameters" Sponsored by NAAC, Bangalore on 19th & 20th Nov. 2010 at Kakatiya Government College, Hanamkonda, Warangal District - AP - India and Published in the Seminar Volume)                                                                                                                  - Dr. S. Vijay Kumar                                         Today there is a general feeling that the moral, social and political standards in the country, and the great values of life are fast deteriorating. This situation has manifested into widespread violence, terrorism, corruption, gender injustice, communal clashes and various unpatriotic acts. In short, India is currently facing a crisis-of-character. If our country is to be saved