The growth of an economy depends upon a multiplicity of factors such as the rate of capital formation, rate of growth of population, efficiency of the money and capital markets, availability of the required quantum and type of labour force, availability of natural resources, economic and political stability, administrative efficiency, role of social and cultural values, development of means of transport and communications, rise in standard of health and education etc., of all the factors which are affecting the rate of growth of an economy in developing countries is the capital accumulation. Further it is accepted by all the economists who are concerned with this problem that the capital accumulation plays a predominant role for economic growth of any country. Hence, economic growth is a direct function of the rate of capital formation and the experiences of advanced countries reveal that they could achieve economic growth through well developed capital markets.

Contents: Introduction, The Profile of Anantapur District, Financial Assistance of APSFC to Small-Scale Industries, Promotion of Small-Scale Industries, Summary of Findings and Suggestions.

Study with reference to state aid to small business units in Anantapur District in the state of Andhra Pradesh, India, financed by the Andhra Pradesh State Financial Corporation; covers the period from 1960 to 1989.

Industrialization is an integral part of economic development process. Its importance is such that for some countries, or rather their governments, it is synonymous with development. However, the special characteristics of developing countries, their differing resources, their geographical location and even the political and philosophical leanings of their leaders are the factors which cause industrialization to be viewed in different lights as an instrument of development. Thus, industrialization may be the result of a consistent industrial policy in which it is regarded either as the prime mover of development or as one of the components of harmonious and balanced development at sector level. It may also be the natural culmination of a development process of which the originating forces are either eternal to the country’s economic system or to the industrial sector. Industrialization is clearly only part of that unified strategy.

Contents: Efficient Market Hypothesis and the Securities Market in India in the Post-Reform Era, Depository Services in India, Managing Exchange Risks An Indian Perspective, Buy-back of Shares by Companies in India, Human Resource Accounting, Tax on Distributed Profits (TDP) Some Implications, Rationalisation of Income Tax Law Some Reflections, Corporate Leverage in India A Changing Scenario, Towards Better Measure of Working Capital Performance in the Liberalised Era, Multinationals Finance Some Issues, Forfaiting Stutter Before the Run, Industrial Finance by State Financial Corporations An Analytical Study of APSFC, Financing of Business in North-Eastern Region A Study of Assam Financial Corporation, New NBFC Policy An Evaluation, NBFCs The Tragedy of Economic History of Modern India, Corporate Ethics A Dilemma Between Economic and Social Performance, Corporate Ethics Some Influencing Factors, Corporate Governance in India Retrospect and Prospects.

Study conducted at fifty small scale enterprises in Hyderabad and Secunderabad, two cities of Andhra Pradesh, India.

Contents: Introduction, Objectives and Methodology, Institutional Set-Up and SFCs in India, A Study of Economic Profile, Organisational Framework of SFCs, Resources Mobilisation by APSFC and OSFC, An Appraisal of Lending Operations of APSFC and OSFC, Summary, Conclusions and Suggestions.