Exports are considered as viable mode of integration for the developing economies into world economy. It is imperative for developing countries to concentrate in those sectors in which they possess comparative advantage. Textile industry is an important industry and is considered vital for the developing economies due to its labour-intensive and highly export intensive nature. Textile industry is one of those sectors that have played pivotal role in the industrial development of various economies particularly that of China. However, despite possessing almost equal resources and the strength in textile industry that of China, India's performance in textile trade is dismal. Therefore, the present study made an endeavour to find the main determinants of exports and their impact on textile exports of India. The determinants that have been taken are FDI, productivity, capital intensity, exchange rate and MFA phase-out. In this study vector error correction model (VECM) and Granger-Causality test has been applied to achieve the said objective.

Scheduled Commercial Banks (SCBs) are often reluctant to operate in rural areas, as they are not able to generate enhanced productivity due to lack of economics of scale. But for financial inclusion of the population, it is very much desirable that SCBs extend their operations in rural areas. As a motivational strategy, Reserve Bank of India permitted SCBs to open rural branches without its prior permission from 2009 onwards. But, without minimum productivity cut off being achieved by these branches, it is infeasible to expand branch network into rural areas. Hence, the present paper analyses the productivity performance of rural branches of SCBs in India from 2004-05 till 2011-12. The paper also determines whether the performance of rural branches of SCBs significantly differs from pre permission period i.e. subject to getting the permission from RBI to open bank branches and post permission period i.e. without getting the permission from RBI to open bank branches.

“Swachh India, Swasth India” This paper attempts to provide some facts about the 'Clean India Mission' regarding its image as a challenge, responsibility or a biggest opportunity. This paper is going to discuss the significance of clean India mission. It attempts to answer whether this mission is a challenge, responsibility or opportunity in front of people and the government. The objective is to find out the root cause of all around dirtiness, to investigate whether waste is actually waste or wealth and to deal with the environment friendly management of waste, which can act as a big opportunity in the growth and prosperity of Indian economy. This is an exploratory paper, which explores the idea behind launch of this mission and suggests remedies to deal with the filth. The paper concludes that the waste is actually not the waste but the wealth of the nation if treated timely & scientifically and the mission is not the challenge but the responsibility of the people and opportunity for the growth and development of the country.

The present study endeavors to compare the dynamics of CBOE and India VIX using a simple plausible framework. The study by way of showing graphical analysis for visual inspection, comparison of descriptive statistics and check of normality assumptions shows that the volatility indices of both CBOE and NIFTYshows similar features. It is more sensitive towards the negative shock in stock prices as compared to positive jolts. The instances of asymmetry between stock index and VIX as reflected by the previous studies also found to be present over the period of study.

Aim of the Study: Women emancipation and Inclusive growth have grabbed the attention of developmental economists the world over and has been on a priority in order to alleviate poverty and reaching to the most disadvantaged section of the society through formal financial institutions. For this dual objective microfinance interventions have been suggested as a measure. As through microfinance the landless labourers, marginal farmers and women can be roped in the formal financial system which has been a neglected area by the commercial banks as they are reluctant to tap this area due to high transaction costs and unassessibility. This paper attempts to explore one such microfinance intervention in the name of Self Help groups in Mewat district of Haryana and the role of SHGs in the socio-economic upliftment of women in this area which is known for the intense backwardness and the lowest female literacy rate. SHGs have been successful mainly in giving them a voice in their family, Govt. Offices and in the society against evils and violence and in making them financially independent up to some extent still there is a lot needed to achieve women emancipation. The paper will come up with some recommendations for the effective and efficient implementation of this microfinance intervention. Keywords: Microfinance, SHG, Women Emancipation

In a world of mom-and-pop operations, offering competitive employee benefits is what will set one business apart from another and will attract and retain valuable employees. This trend is evident even in times of economic recession. Viewing the same phenomenon from a different perspective, organizations today are at greater risk of losing capable human resources to other organizations. The keyword in terms of human resource management is 'Employee Retention.' Employee turnover hike the costs of any organization. An insight to which are the most effective retention strategies that can have a long-term impact. Compensation is the most important factor favoring employee retention. The purpose of the paper is to highlight the importance of designing an effective compensation as a key to retain employees. Compensation might not be the most important factor in determining whether an employee will stay with you, but it can tip the balance. The study comprises of a sample of 300 employees from automobile sector. This study explores the relationship between compensation policy and employee retention in Automobile sector. The sample size consists of 300 employees. Data was analyzed with Descriptive Statistics. Pearson Correlation Coefficient was employed to establish the relationship among the variables. The findings indicated that effective compensation package had positive relationship with employee retention and thus affects employees' decision to stay in the company. The implication of the study is that, the management should provide effective working environment to retain employees. Finally the study also recommends that thriving and friendly environment should be provided at the workplace to make employees more satisfied to remain in the company

The Multi Fibre Agreement (MFA) and the system of bilateral quotas that had governed the global trade in textiles and apparel for the past forty years came to an end and were replaced by the Agreement on Textiles and Clothing (ATC) on Jan 1, 2005. The dismantling of quota restrictions had brought about a significant change in the structure of worldwide trade in textiles as there are no quota barriers for the export of textiles and apparels and the hitherto protected textile industry would be exposed to international competition. The withdrawal of the MFA had brought back the comparative advantages of developing economies to large labour surplus economies such as China and India. Since India has a natural comparative advantage in cotton and cottonbased fibres, abolition of the MFA had an implicit potential to benefit India's cotton industry as well as cotton based textiles and clothing sectors. Compared to the competitors India enjoys certain advantage in the production of textiles and clothing. At the same time, Indian textile industry is also facing many challenges in the domestic and export front in the changed scenario. In the given context, the present study attempts to analyse the export performance of Indian textiles in the post quota era. Export performance has been analysed in terms of change in the composition and destination of Indian textile exports in the post MFA period. The period of study is from 1990-2012. In order to examine the impact of quota removal (MFA), the study period have been sub-divided into Pre-MFA (1990-2004) and post MFA (2005- 2012) The study is based on secondary data drawn from Ministry of Textiles, RBI and WTO. The study found that Compound Annual Growth Rate (CAGR) of Indian textile exports were low during the post MFA period compared to pre MFA. If we compare the average export value during the study period, it can be seen that the mean value of textile exports are higher during the post MFAcompared to pre MFA period. Among the different sub sectors highest mean value was recorded in readymade garments followed by cotton textiles and manmade textiles during the post MFA period. Analysis of percentage share of different subsectors during the study period show that readymade garments still constitute the largest share in terms of overall textile exports followed by cotton textiles and manmade textiles. As far as the destination of exports are concerned, USAcould maintain its position as the largest destination for Indian textile exports in the segment of textiles, readymade garments, coir and carpets even during the post MFA period. Emergence of UAE as the single largest destination for cotton textile exports in the post MFA period is noteworthy. It can also be seen the emergence of new trading partners like Turkey (jute textiles and manmade textiles), Egypt (cotton textiles) and UAE (cotton textiles and readymade garments) in the post MFAperiod.