A Study on Impact of FDI on Indian Economy– An Empirical Analysis
Authors:-Assistant Professor Dr. Pooja Kumari, Associate Professor Dr. R. Vennila
Abstract- A lot of debate is going on about the importance of foreign direct investment (FDI) in the process of growth has been hot in a number of nations, including India. The foundation and prerequisite for economic development and growth is investment. In addition to a country’s foreign exchange reserves, other factors that are essential to its health include exports, government revenue, financial status, the amount of available domestic savings, and the volume and caliber of foreign investment. The aim of this study is to analyze the impact of FDI on Indian Economy. To meet the objective of the study time series data is used 2005 to 2023. Variables used in the study are Foreign Direct Investment as dependent variable and Gross Domestic Capital Formation (GDCF), export, import, Gross Domestic Product (GDP), Foreign Exchange Reserve (FER) and Wholesale Price Index (WPI)as independent variables. Techniques used in this study are descriptive test, correlation and regression analysis. FDI exhibits a positive correlation with variables such as GDCF (0.44), Export (0.38), Import (0.42), GDP (0.44), and FER (0.44). This implies that a 1% increase in FDI corresponds to a corresponding degree of change in other variables. The correlation between WPI and FDI is negative, or – 0.22, indicating that the two variables go in different directions. The study concluded that FDI statically significantly impact on Indian economy.
Unveiling the Dynamics of Goods and Services Tax (GST) Collection Growth: A Comprehensive Analysis from Financial Year 2019-20 to 2023-24
Authors:-Research Scholar Anurag Singh Parihar, Associate Professor Dr. C.P. Gujar
Abstract- This research paper delves into the intricate dynamics of Goods and Services Tax (GST) collection growth in India over a five-year period, from the financial year 2019-20 to 2023-24. By leveraging comprehensive data analysis, the study aims to unravel the multifaceted factors influencing GST collection trends, including economic activities, policy changes, compliance rates, and administrative measures. The paper begins with an overview of the GST framework, followed by a detailed examination of annual and quarterly GST revenue data. Key economic indicators are correlated with GST collection to highlight the impact of macroeconomic conditions. Furthermore, the research incorporates a comparative analysis of sectoral contributions to GST revenue, identifying sectors with significant growth and those lagging behind. The findings reveal critical insights into the effectiveness of GST implementation and its adaptability to changing economic landscapes. This analysis not only underscores the strengths and weaknesses in the current GST system but also offers strategic recommendations for enhancing revenue mobilization and ensuring sustainable fiscal growth. By providing a holistic view of GST collection dynamics, this paper contributes to the ongoing discourse on tax policy and economic reform in India.
The Downsizing Announcement: The Cognitive Analysis in the IT Sector
Authors:-Assistant Professor Dr. Meghna Sharma
Abstract- This research analyses different types of downsizing announcements in the IT sector. A cognitive analysis has been done to understand various types of downsizing announcements and how IT employees perceive them. A descriptive analysis has been done on the methods adopted by the IT companies to announce downsizing such as media announcements, internal declaration, feedback after declaring the downsizing, and storytelling method. The research concluded that employees prefer the storytelling method in making the downsizing announcement wherein they get the opportunity to understand that they may find better options in their career path.
