A Number Of Undertakings Were Initiated Under Public Sector In India By The People At The Helm Of Affairs With Great Expectations And Enthusiastic Approach. But The Continuous Poor Performance, Shown Specially In Resource Generation By The Public Sector, Involving A Huge Investment, Not Only Dispirited The Nation But Also Compelled The Planners To Re-Think Over The Policies Adopted Earlier Regarding This. Though Several Factors Have Been Responsible For The Failure Of This Sector, The Crucial Factor Identified Is The Lack Of A Strict Financial Management And Control.Only A Scant Look Has So Far Been Cast On The Profit Planning And Control (Budgeting) A Key To The Success Of An Enterprise. Hence, A Need Was Felt To Probe The Matter Culminating In A Sincere And Serious Attempt.The Author Hopes That This Book Will Not Only Be Fruitful In Framing Policies To Improve The Functioning Of An Enterprise But Will Also Serve As A Reference For The Students Of Financial Management.

Today, The Business World Feels That The Commerce Graduates And Post-Graduates Lack In Right Kind Of Skills Which Are Needed. Now The Time Has Come To Realise The Mismatch Between The Product And The Demand. We Have To Adopt Market Orientation To Our Products To Make Them Saleable. There Is An Urgent Need To Overhaul The Existing Business Education System To Cope Up With The Dynamic World. The Problems Faced By The Business Graduates And Post-Graduates Are Of A Great Concern For The Students, Academicians, Business World And Even For Parents. The Reasons Are Many And They Are Oriented Towards Classroom Theoretical Teaching, Lack Of Practical And Work Related Skills, Lack Of Communication Skills, Parochial And Not Global In Values And Thinking, Lack Of Base Of Information Technology, Etc. Against This Background, An Attempt Is Made In This Volume To Focus A Light On The Emerging Challenges Before Business Education And Explore Some Measures To Overcome These Challenges.

Ever Since The Structural Adjustment Programme Of 1991, The Concern About The Ever Growing Size Of Fiscal Deficit Has Developed. In The Early Eighties It Was Only The Central Government Which Was Suffering From The Malaise Of Deficit Budget, But Since Then The States Have Also Gone Deeper And Deeper Into The Fiscal Crisis So Much So That The Revenue Expenditure Gap Which They Are Experiencing Now Has Become Unsustainable. The Book Provides Both A Theoretical Background And The Empirical Evidence Pertaining To Many States In The Country Insofar As Explicit Explanation Of A Deficit Budget Is Concerned. The Book Illustrates The Various Concepts Of Deficit Which Are Currently In Vogue, Viz., Revenue Deficit, Capital Deficit, Budget Deficit, Fiscal Deficit, Primary Deficit, Net Fiscal Deficit, Net Primary Deficit, Monetized Deficit, Structural Deficit, Etc. Each Concept Has Its Own Merits And Demerits And For The Sound Management Of State Finances, Their Proper Interpretation Is The Pre-Requisite. The Various Articles Published In This Book Have Been Written By Various Economists Working In The Various Universities And Research Institutes In Their Chosen Field Of Research.An Attempt Has Been Made In This Book To Identify Theoretically As Well As Empirically The Factors Which Have Led To The Present Stage Of Impasse In Fiscal Crisis Both At The Centre And At The Level Of Various States. Some Articles In The Book Go Even Beyond That And Try To Provide Useful Solutions Both In The Short-Run And In The Long-Run.

The Present Volume Has A Wide Coverage. It Includes Papers Written By A Dozen Economists Spread Over The Entire Country. The Fields Covered In The Papers Include Agriculture, Industry, Banking, Human Development And Science And Technology Policy.The Response To The Two Volumes Released Earlier Was So Encouraging That It Has Led To The Publication Of The Present Third Volume.It Is Hoped That The Book Would Be Found Useful By The Researchers And Students Of Economics, Businessmen, Government Executives Concerned With The Formulation And Execution Of Economic Policies, Parliamentarians And Legislators, And The General Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.

This Treatise On Inflation Accounting Provides A Detailed Treatment Of Concepts And Techniques Of Inflation Accounting. It Gives A Clear Understanding Of Accounting Data And Their Limitations During Inflation. In This Context, An Attempt Is Made To Underline The Importance Of Inflation Accounting With Particular Reference To A Case Study Of Selected Units.

This Is An Ideal Textbook For The Students Of B.Com. (Hons.), M.Com., Mba, Company Secretary, C.A. And Ll.B. Students. The Book Cover All The Topics That The Student Would Require For The Purpose Of Examination Viz. History Of Company Law, Company Law Administration, Types Of Companies, Promoters, Formation Of A Company, Memorandum Of Association, Articles Of Association And Prospectus, Share Capital, Share Buy Back, Allotment Forfeiture, Transfer And Transmission, Management, Meetings, Borrowing Powers, Accounts And Audit, Majority Rule And Prevention Of Oppression And Mismanagement, Investigation, Winding Up, Company Taxation.A Fine Attempt Has Been Made In Bringing The Book Up-To-Date. The Entire Subject Has Been Presented In A Very Lucid And Easily Understandable Manner. The Book Is Well Researched And Includes References To The Important Indian Cases. Questions Drawn From Different Examination Papers Have Been Given At The End Of Each Chapter For The Guidance Of The Students.

The Financial Crisis That Originated In Thailand On July 2, 1997 Spread To Other Parts Of Asia, Particularly East Asia, Quite Rapidly. The Extent Of The Crisis, Its Spread To Economies That Had Revealed No Clear Grounds That Anything Was Wrong, And The Slow Recovery Came As A Shock To Most Analysts. Only When The Crisis Deepened Were The Fundamental Policy Shortcomings And Their Ramifications Fully Exposed. The Realization That While Financial Crises Cannot Be Eliminated Altogether, Much Could Be Done To Predict Them And Manage Them Better Has Led To Further Examination Of The Causes Of The Crisis.Against This Scenario, This Book Probes Into The Principal Factors That Led To The East Asian Crisis. Both The Pre-Crisis Period And The Post-Crisis Period Are Examined In Detail. The Imf S Controversial Role And Its Prescriptions For Resolving The Crisis Are Also Discussed At Length.As There Are Some Similarities Between The East Asian And The Mexican Financial Crisis, A Review Of The Latter Is Also Undertaken. The Instrumental Roles Played By Capital Flows, Exchange Rate Arrangements And The Weakness Of The Financial Systems Are Analyzed.Since Restructuring Is Necessary To Turn The Problem-Ridden Corporate Sector Into Sound And Healthy Ones In The Crisis-Affected Countries, It Is Important To Emphasize The Different Aspects Of Financial And Corporate Restructuring. The Options Of Restructuring, Vulnerabilities In The Corporate Sector, Importance Of A Bankruptcy Law And Debt-Workouts Are All Highlighted.As Financial Sector Policies In Least Developed Countries Have Undergone Profound Changes During The Last Three Decades, A Separate Chapter Has Been Devoted To This Topic Which Also Covers The Impact Of Financial Liberalization And The Issue Of Regulation And Supervision Of Banks.The Last Chapter Of This Book Attempts To Provide Some Broad Guidelines For Minimizing The Adverse Effects Of Financial Crises In The Future.

This Book Deals With Syllabi Prescribed By Indian Universities And Institutes Of Management On B.B.A. And M.B.A. Levels In Personnel Management And Administration. While Matter Has Been Drawn From Authentic And Standard Works Of Indian And Western Scholars, It Has Been Narrated In A Lucid Manner, Free From Technical Jargon. Data Have Been Given To Support Statements. Tables, Figures And Charts Have Been Used To Illustrate Complex Subjects.In Writing This Book, While The Senior Author Has Widely Utilised His Experience In Multinational Corporations, The Junior Authoress Has Utilised Her Vast Knowledge Of Psychology To Make This Book An Ideal Guide, Both In Theory And Practice. It Is A Text-Book For The Students And Reference Book For The Teachers.

Management In The Changing Society Has Become Important To All Because Of Its Universal Application, And Therefore, Contemporary Issues On Management Provides Basics On The Effectiveness Of Work-Life Of Individuals And Groups Who Work At Different Situations In Competitive World Environment. Analysis Of Time In Chapter 1, And Total Quality Management (Tqm) In Chapter 2 Furnish A Clear Picture With The Fundamental Understanding About The Applications Of Time In Workplace With That Of Qualitative Perspectives In Regard To Work-Performances For Organisational Effectiveness. Effective Time Analyses Has Made It Possible For Reducing Human Stress. Time-Wasters And Time-Savers Are Explained In A Simple And Lucid Manner For Clarity Of Thought, Which Help In Coping With Mild-Stressors. Increasing Pressures Of Work-Load At Organisational Levels Make People Feel Stress-And-Strain Mentally And Emotionally, Besides Physical Monotony And Depressed Mental Conditions. These Are, Inter Alia, Some Of The Causes For Conflict While Managing Activities And People By Deploying Resources In Organizations. It Has Been Observed That, The Causes Of Conflict Though Many Others Than Mentioned Here, The Qualitative Nature Of Work Has Got To Be Assimilated With Quantitative Volume Of Work Performances For Individual Satisfaction Along With Organisational Goal-Attainment. This Is Brought In An Equilibrium Phase By Balanced Logical Analysis Of Stress And Tqm Concepts And Postulates. Keeping This Purpose In Mind, Management Of Stress Is Discussed Briefly In Chapter 3 For An Understanding Of Human Conflicts In Bringing Organisational Effectiveness, And Therefore, This Chapter Makes It Possible For Individuals And Groups To Adjust With Malady Of Conflicting Situations. Further, The Repercussions And Cause-Effect Relationships Of Such Inherent Problems Are Attentively Observed. Chapter 4 Has Been Devoted To Analytical Descriptions Of Conflict Management .At The End, An Indepth Analysis, On The Basic Concepts Of Organisational Change Patterns And Coping With Required Level Of Changes, Has Been Made With The Empirical Research Findings And Situational Analysis. Change Management And Organisational Development Is Explained At Length In Chapter 5 So As Throw Light On Conceptualising The Methods And Techniques Of Managerial Effectiveness, And To Suggest Therefrom, How To Develop Organisations. This Chapter Discusses All About Change Management And Organisational Development Reflecting The Possibilities Of Effective Utilization Of Time That Increases Quality Of Work And Decreases Human Stress And Conflicts Of Any Kind At Organisational As Well As Individual Levels.The Book Describes In A Celebrated And Sparkling Manner By Furnishing Views On The Basic Principles Of Management With Relativity Approach , The Basic Concepts And Problems For Strengthening The Pillars And Foundations Of Organisational Development In Scientific Manner.It Is Hoped That The Book Will Be Useful For Students And Teachers Of Management. It Will Also Be Useful For Candidates Appearing In Competitive Examinations.

A Manual On Project Management, As A Textbook, Deals With Application Of Project Implementing Techniques And Highlights Their Importance To The Realm Of Successful Project Man¬Agement Science. The Book Depicts The Grasp Of Financial And Strategic Consideration; Some Of Its Specialised Chapters Particularly Those On Dis¬Counting Methods Including Npv And Dcp Will Be Invaluable Tools To The Project Manager And To The Manage¬Ment At Large, At Any Level.The Complexity Of Modern Business And Industrial Environment Demands The Fullest Possible Use Of Project Management Technique. The Book, In The Present Form, Is Expected To Be Most Useful To The Students In The Technical Colleges To Sharpen Their Skills To Enhance Their Roles Effectively In Pursuit Of Their Chosen Profession. It Also Has A Great Potential Of Being A Reference Book At The Technical Li¬Braries Of Universities And Technical Colleges Across The Country, Where This Subject Is Taught As A Part Of Their Cur¬Riculum.