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Devi, Monu
- Comparative Study of Gross Value Added by Different Sectors of Indian Economy
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Authors
Affiliations
1 Department of Agriculture Economics CCSHAU, Hisar, Haryana, IN
2 Extension Lecturer Government College, Haryana, IN
3 HSB, GJUS&T, Hisar, Haryana, IN
1 Department of Agriculture Economics CCSHAU, Hisar, Haryana, IN
2 Extension Lecturer Government College, Haryana, IN
3 HSB, GJUS&T, Hisar, Haryana, IN
Source
International Journal of Education and Management Studies, Vol 8, No 2 (2018), Pagination: 242-248Abstract
Current study was based on the secondary data in order to compare the gross value addition by different sectors of the Indian economy namely; Agriculture, Forestry and Fishing, Industry, Mining and Quarrying, Manufacturing, Electricity, Gas, Water Supply and Other Utility, Services, Construction, Hotels, transport, communication and services related to broadcasting, Financial, Real Estate and Professional Services, and Public Administration, Defence and Other Services. Researcher also aims to measure the trend or growth of the gross value addition of these sectors during the year 2011- 18. Data has been taken from the annual publication of the RBI related to the Indian economy for the above mentioned period. Trend or growth in the share of different sectors to the total gross value added of Indian economy, has been shown using graphs while the comparative study of Gross value addition by different sectors of Indian economy has been done using descriptive statistics and the One-way ANOVA test. Further, researcher has done post-hoc analysis using Turkey's test to highlight the particular groups of variables where the mean values were found to be significantly different if any. Welch test has been used to measure the equality of means. It was found that overall there is a growth in the gross value addition of the Indian economy during the year 2011-12 to 2017-18. All the sectors are showing growth in their share in the gross value addition of Indian economy, except for construction, Agriculture, Forestry and Fishing and Electricity, Gas, Water Supply and Other Utility sector. While, in Mining and Quarrying sector have shown consistency in the gross value addition during the period 2011-12 to 2017-18. The highest percentage of gross value addition was found to be of Services sector and lowest percentage of Gross value addition was found of Electricity, Gas, and Water Supply and Other Utility sector. This shows that service sectors are contributing highly towards the gross value addition of the Indian economy while Electricity, Gas, Water Supply and Other Utility sector is contributing lowest to the gross value addition of Indian economy. Further, the study showed the significant difference in the gross value addition of different sectors of Indian economy.Keywords
Indian Economy, Gross Value Addition, Industrial Sector, Service Sector, Trend or Growth Analysis.
References
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- Financial Inclusion:A Study of Banking Expansion in India
Abstract Views :175 |
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Authors
Affiliations
1 Department of Agriculture Economics, CCSHAU, Hisar, Haryana, IN
2 Government College, Haryana, IN
3 HSB, GJUS&THisar and C.M.K. National, P.G Girls' College, Sirsa, Haryana, IN
4 HSB, GJUS&T, Hisar, Haryana, IN
1 Department of Agriculture Economics, CCSHAU, Hisar, Haryana, IN
2 Government College, Haryana, IN
3 HSB, GJUS&THisar and C.M.K. National, P.G Girls' College, Sirsa, Haryana, IN
4 HSB, GJUS&T, Hisar, Haryana, IN
Source
International Journal of Education and Management Studies, Vol 8, No 2 (2018), Pagination: 253-257Abstract
The central objective of current research is to compare and contrast the level or intensity of financial inclusion in different provinces of India. For the purpose of the study, all India has been classified into six provinces such as, northern states, north eastern areas, eastern areas, central area which include Madhya Pradesh, western states, and southern province. The base of the study was secondary data related to the numerous variables which shows the level of financial inclusion. All the data has been extracted from the official website RBI which is called banker's bank. Mainly two major parameters have been considered in the study for evaluation of the intensity of the financial inclusion. These parameters or variables are namely; Access of financial services and the level of Usage of financial services. Here, the access has been evaluated in terms of, number of bank offices and the employees of the banks, while the usage has been evaluated in terms of, number of credit accounts or loan accounts and deposit accounts in the banks. Further, a financial inclusion index was developed by researchers in terms of credit and deposit accounts per bank office and per bank employee in a particular region. The study exposed that in India financial inclusion is highest in southern province and lowest innorth eastern province.Keywords
Financial Inclusion, Commercial Banks, India, Regional, Bank Offices, Credit Accounts.References
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