Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2092989
H. Fatima, Mohsin Khan, A. Khan, Mohd Nasir
Abstract This research is intended to assess the repercussion of work-life balance on the happiness quotient of professional trained employees of health care sectors who continually undergo work-family conflict (WFC) and family-work conflict (FWC).In order to analyze the same a questionnaire based survey was designed on 7 point likert scale for evaluating the aforementioned relationship based on dataset of 206 clinical doctors from the health care sector. The data set was analyzed with the help of using SPSS and AMOS and the results indicate that WFC and FWC are related and cause a rise in stress levels among clinical doctors, whereas coming to the part of Subjective Happiness(SH), it is examined that majority of the employees were satisfied with their current situation. Hence, it is concluded that achieving a work-life balance is considered as a predominant aspect of a doctor’s life as health care professionals have found that their duties are increasingly onerous, causing an increase in stress levels.
{"title":"In search of happiness quotient : An empirical evidence of work life balance in the Indian health care sector","authors":"H. Fatima, Mohsin Khan, A. Khan, Mohd Nasir","doi":"10.1080/09720510.2022.2092989","DOIUrl":"https://doi.org/10.1080/09720510.2022.2092989","url":null,"abstract":"Abstract This research is intended to assess the repercussion of work-life balance on the happiness quotient of professional trained employees of health care sectors who continually undergo work-family conflict (WFC) and family-work conflict (FWC).In order to analyze the same a questionnaire based survey was designed on 7 point likert scale for evaluating the aforementioned relationship based on dataset of 206 clinical doctors from the health care sector. The data set was analyzed with the help of using SPSS and AMOS and the results indicate that WFC and FWC are related and cause a rise in stress levels among clinical doctors, whereas coming to the part of Subjective Happiness(SH), it is examined that majority of the employees were satisfied with their current situation. Hence, it is concluded that achieving a work-life balance is considered as a predominant aspect of a doctor’s life as health care professionals have found that their duties are increasingly onerous, causing an increase in stress levels.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123742816","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2043534
Refia Wiquar, Md. Daoud Ciddikie, A. Ahmad, H. Akram
Abstract With a change in global market entanglement and composite retail financial products, financial literacy has gained distinction in the recent past. More importantly, the Covid-19 pandemic has brought attention to the preparation of individuals’ financial budgets for unforeseen losses. As a result, financial literacy has gained immense importance. Literature available on the subject suggests that individuals when faced with a situation of crisis, tend to reduce their risk of not paying the liabilities, by controlling their budget. This research article aims to understand whether or not individuals with a good understanding of financial literacy have better skills in financial management, particularly during lockdowns. Primary data was collected after the second phase of lockdowns in August 2021 from 232 individuals residing in Delhi NCR, using a questionnaire adapted from the OECD study. Besides, a scale was developed to understand their financial behaviour and financial management skills. The results of the study indicate that a good understanding of financial principles helped manage financial risk effectively and avoid any financial pitfalls. It helps individuals avoid financial concerns and enable individuals to regulate their income, even in challenging conditions like the Covid-19 pandemic.
{"title":"Covid-19 and the changing face of financial literacy in India : Evidence from Delhi NCR during lockdowns","authors":"Refia Wiquar, Md. Daoud Ciddikie, A. Ahmad, H. Akram","doi":"10.1080/09720510.2022.2043534","DOIUrl":"https://doi.org/10.1080/09720510.2022.2043534","url":null,"abstract":"Abstract With a change in global market entanglement and composite retail financial products, financial literacy has gained distinction in the recent past. More importantly, the Covid-19 pandemic has brought attention to the preparation of individuals’ financial budgets for unforeseen losses. As a result, financial literacy has gained immense importance. Literature available on the subject suggests that individuals when faced with a situation of crisis, tend to reduce their risk of not paying the liabilities, by controlling their budget. This research article aims to understand whether or not individuals with a good understanding of financial literacy have better skills in financial management, particularly during lockdowns. Primary data was collected after the second phase of lockdowns in August 2021 from 232 individuals residing in Delhi NCR, using a questionnaire adapted from the OECD study. Besides, a scale was developed to understand their financial behaviour and financial management skills. The results of the study indicate that a good understanding of financial principles helped manage financial risk effectively and avoid any financial pitfalls. It helps individuals avoid financial concerns and enable individuals to regulate their income, even in challenging conditions like the Covid-19 pandemic.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126448364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2047460
U. Husain, Afzalur Rahman
Abstract The drone industry has the potential to significantly increase India’s economy. The Production-Linked Incentive (PLI) programme in India is estimated to earn USD 1.8 billion in income by 2026. By 2026, the drone market is anticipated to register $40.7 billion. By 2021 about 60% of the 860,000 drones that had been registered in the U.S. were used for recreational reasons. Drone Integration and Zoning Act and American Security Drone Act are key pieces of legislation for drone-related activities in 2021. In India registration of the drone is compulsory in all the cases. However in comparison to the earlier rule the Indian Government has given several relaxations.
{"title":"Global drone revolution and related regulatory framework: A critical review","authors":"U. Husain, Afzalur Rahman","doi":"10.1080/09720510.2022.2047460","DOIUrl":"https://doi.org/10.1080/09720510.2022.2047460","url":null,"abstract":"Abstract The drone industry has the potential to significantly increase India’s economy. The Production-Linked Incentive (PLI) programme in India is estimated to earn USD 1.8 billion in income by 2026. By 2026, the drone market is anticipated to register $40.7 billion. By 2021 about 60% of the 860,000 drones that had been registered in the U.S. were used for recreational reasons. Drone Integration and Zoning Act and American Security Drone Act are key pieces of legislation for drone-related activities in 2021. In India registration of the drone is compulsory in all the cases. However in comparison to the earlier rule the Indian Government has given several relaxations.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115736694","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2079197
H. Bhardwaj, Mahmood Syed Mohd Jamal
Abstract Personalized advertisements using IoT technology is a very new and unexplored field of study in business marketing discipline specifically with Indian consumers perspective. The paper aims to find out the attitude of Indian consumers in the NCR towards personalized advertisements using IoT products namely Smart phones, Smart watches and Smart TV. Majorly on the parameters of appropriateness, utility, data collection, awareness of the process to enable personalized advertising and ultimately buying of the product. Reviewing this literature in the specific field has brought light to the gaps in the study which will in future contribute in the applications of more secured marketing communications using IoT enabled products in terms of Indian context.
{"title":"Effect of using Internet of Things for personalized advertisements on consumer buying behaviour","authors":"H. Bhardwaj, Mahmood Syed Mohd Jamal","doi":"10.1080/09720510.2022.2079197","DOIUrl":"https://doi.org/10.1080/09720510.2022.2079197","url":null,"abstract":"Abstract Personalized advertisements using IoT technology is a very new and unexplored field of study in business marketing discipline specifically with Indian consumers perspective. The paper aims to find out the attitude of Indian consumers in the NCR towards personalized advertisements using IoT products namely Smart phones, Smart watches and Smart TV. Majorly on the parameters of appropriateness, utility, data collection, awareness of the process to enable personalized advertising and ultimately buying of the product. Reviewing this literature in the specific field has brought light to the gaps in the study which will in future contribute in the applications of more secured marketing communications using IoT enabled products in terms of Indian context.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123924891","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2101252
Talha Akbar Kamal, Shagufta Naaz, Rajeev Singh Bhandari, Hitendra Shukl, R. Khan
Abstract Foreign Direct Investment (FDI) and trade are commonly considered as important economic indicators. In this globalised era, FDIs is among the best medium to bring the external finance into the country. This study explores the influence of inflation and trade openness on FDI in India during the period 1980-2020 using the time series methods. For this research study, Foreign Direct Investment (FDI) is the dependent variable, whereas Inflation and Trade Openness are independent variables for investigating the causal and long-run relationship among the variables taken in India. In order to fulfil the aforementioned objective, Auto Regressive Distributed Lag (ARDL) Bounds test approach has been used. The findings imply that FDI inflows and trade openness have a long-term association. Further, it has also been found that trade openness shows a positive statistically significant impact on foreign direct investment, indicating that higher openness, will attract greater level of FDI in the country (India). Although trade openness and inflation are both positively associated with FDI inflows, inflation is statistically insignificant.
{"title":"Impact of trade openness and inflation on FDI in India: ARDL Approach","authors":"Talha Akbar Kamal, Shagufta Naaz, Rajeev Singh Bhandari, Hitendra Shukl, R. Khan","doi":"10.1080/09720510.2022.2101252","DOIUrl":"https://doi.org/10.1080/09720510.2022.2101252","url":null,"abstract":"Abstract Foreign Direct Investment (FDI) and trade are commonly considered as important economic indicators. In this globalised era, FDIs is among the best medium to bring the external finance into the country. This study explores the influence of inflation and trade openness on FDI in India during the period 1980-2020 using the time series methods. For this research study, Foreign Direct Investment (FDI) is the dependent variable, whereas Inflation and Trade Openness are independent variables for investigating the causal and long-run relationship among the variables taken in India. In order to fulfil the aforementioned objective, Auto Regressive Distributed Lag (ARDL) Bounds test approach has been used. The findings imply that FDI inflows and trade openness have a long-term association. Further, it has also been found that trade openness shows a positive statistically significant impact on foreign direct investment, indicating that higher openness, will attract greater level of FDI in the country (India). Although trade openness and inflation are both positively associated with FDI inflows, inflation is statistically insignificant.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128665483","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2101254
R. Sathya, N. D. Sree Devi Andal
Abstract Pump sets come under the essential commodities category, having huge market in India and across globe. The Pump industry is the oldest growing industry in the city of Coimbatore, which contributes substantially to Coimbatore’s GDP. Tamilnadu and Gujarat are the major pump manufacturing states in India. Coimbatore of Tamilnadu is called the ‘Pump City of India’ and it is home to all the leading pump brands like Aqua Pumps, Yathi Pumps, C R I Pumps, Texmo Pumps, KSB Pumps, Deccan Pumps and so on. Covid-19 has created significant impact on the industry; however, the pump industry is gradually regaining its demand. This study gives focus on the study of problems faced by the pump industry, the prospects and future of the industry.
水泵机组属于基本商品类别，在印度和全球都有巨大的市场。水泵行业是哥印拜陀最古老的增长行业，为哥印拜陀的GDP做出了巨大贡献。泰米尔纳德邦和古吉拉特邦是印度主要的泵制造邦。泰米尔纳德邦的哥印拜陀被称为“印度的泵城”，它是所有领先的泵品牌的所在地，如Aqua泵，Yathi泵，C R I泵，Texmo泵，KSB泵，德干泵等。Covid-19对行业产生了重大影响;然而，泵行业正在逐渐恢复其需求。本研究重点研究了泵业面临的问题，展望了泵业发展前景。
{"title":"An insight into the problems, prospects and growth of pump industry in Coimbatore","authors":"R. Sathya, N. D. Sree Devi Andal","doi":"10.1080/09720510.2022.2101254","DOIUrl":"https://doi.org/10.1080/09720510.2022.2101254","url":null,"abstract":"Abstract Pump sets come under the essential commodities category, having huge market in India and across globe. The Pump industry is the oldest growing industry in the city of Coimbatore, which contributes substantially to Coimbatore’s GDP. Tamilnadu and Gujarat are the major pump manufacturing states in India. Coimbatore of Tamilnadu is called the ‘Pump City of India’ and it is home to all the leading pump brands like Aqua Pumps, Yathi Pumps, C R I Pumps, Texmo Pumps, KSB Pumps, Deccan Pumps and so on. Covid-19 has created significant impact on the industry; however, the pump industry is gradually regaining its demand. This study gives focus on the study of problems faced by the pump industry, the prospects and future of the industry.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126877700","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2083829
R. Vinodhini, S. Ramkumar
Abstract Job satisfaction means feelings about one’s job that can only be inferred from the employee but not seen on naked eye. It is bunch of positive and ominous sentiments, with which employees view their work. It is how much joy or satisfaction related with a task an employee gets on performing his job. On the off chance that employee like his occupation seriously he will encounter high work fulfillment. In the event that he disdain his occupation, he will encounter job dissatisfaction. Job satisfaction is the ultimate feeling of a human after completing a job. The job satisfaction can be obtained to the extent the job fulfills the needs and wants of the person’s consistency with the expectations and values. When all the expectations are met, the impact reflects in the performance. Employees who are not satisfied in their occupations frequently tempt to resign than those who are satisfied. The general idea is that happy people are more productive than unhappy people.
{"title":"A study on job satisfaction of higher secondary school teachers in Madurai","authors":"R. Vinodhini, S. Ramkumar","doi":"10.1080/09720510.2022.2083829","DOIUrl":"https://doi.org/10.1080/09720510.2022.2083829","url":null,"abstract":"Abstract Job satisfaction means feelings about one’s job that can only be inferred from the employee but not seen on naked eye. It is bunch of positive and ominous sentiments, with which employees view their work. It is how much joy or satisfaction related with a task an employee gets on performing his job. On the off chance that employee like his occupation seriously he will encounter high work fulfillment. In the event that he disdain his occupation, he will encounter job dissatisfaction. Job satisfaction is the ultimate feeling of a human after completing a job. The job satisfaction can be obtained to the extent the job fulfills the needs and wants of the person’s consistency with the expectations and values. When all the expectations are met, the impact reflects in the performance. Employees who are not satisfied in their occupations frequently tempt to resign than those who are satisfied. The general idea is that happy people are more productive than unhappy people.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126141150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2052447
C. Srinivasan, K. Mohamed Jasim, R. Sridhar
Abstract The significant purpose of this research study is to provide insights on the selected factors influencing decision making (DM) model for estimation of competitive effectiveness among third-party logistics in Indian automobile industry as samples and population for study. Convenience sampling method was implemented to derive 396 samples from the total population. A self-administered, developed and structured questionnaire was used to collect primary data. The collected data was then analyzed using SPSS and Smart PLS to draw inferences for this research study. This research study would contribute to the preliminary body of knowledge or past literature by advancing the understanding of different perspective of decision making (DM) model for estimation of competitive effectiveness among third-party logistics. Practically this research would aid industry leaders to identify, conceptualize, and develop strategies to nurture third-party logistics.
{"title":"Measurement of D-M model on competitiveness of 3PL in Indian automobile industry through partial least square (PLS) estimation","authors":"C. Srinivasan, K. Mohamed Jasim, R. Sridhar","doi":"10.1080/09720510.2022.2052447","DOIUrl":"https://doi.org/10.1080/09720510.2022.2052447","url":null,"abstract":"Abstract The significant purpose of this research study is to provide insights on the selected factors influencing decision making (DM) model for estimation of competitive effectiveness among third-party logistics in Indian automobile industry as samples and population for study. Convenience sampling method was implemented to derive 396 samples from the total population. A self-administered, developed and structured questionnaire was used to collect primary data. The collected data was then analyzed using SPSS and Smart PLS to draw inferences for this research study. This research study would contribute to the preliminary body of knowledge or past literature by advancing the understanding of different perspective of decision making (DM) model for estimation of competitive effectiveness among third-party logistics. Practically this research would aid industry leaders to identify, conceptualize, and develop strategies to nurture third-party logistics.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130566840","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2094555
Ifra Fathima, R. Radhika, A. Fathima
Abstract With various technological innovation and digital payment system, customer expectations for the banking services has raised and these changes have paved a way for superior customer quality and satisfaction. The present study has utilized e-servqual modified model and format to evaluate the banking service satisfaction and retentions. The online survey has been distributed and collected among 167 people in Chennai city using a non-probability sampling technique. Furthermore the present study employed SPSS software to evaluate the banking service quality and satisfaction among the potential customers. As a result of e-servqual quality dimensions a positive association has been identified among potential retained customers.
{"title":"Customer satisfaction and customer retention as a result of e-Service quality after the COVID-19 breakdown","authors":"Ifra Fathima, R. Radhika, A. Fathima","doi":"10.1080/09720510.2022.2094555","DOIUrl":"https://doi.org/10.1080/09720510.2022.2094555","url":null,"abstract":"Abstract With various technological innovation and digital payment system, customer expectations for the banking services has raised and these changes have paved a way for superior customer quality and satisfaction. The present study has utilized e-servqual modified model and format to evaluate the banking service satisfaction and retentions. The online survey has been distributed and collected among 167 people in Chennai city using a non-probability sampling technique. Furthermore the present study employed SPSS software to evaluate the banking service quality and satisfaction among the potential customers. As a result of e-servqual quality dimensions a positive association has been identified among potential retained customers.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133854236","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-04DOI: 10.1080/09720510.2022.2083830
T. Porkodi, N. Kogila, J. M. Velmurugan
Abstract The human factor plays an important role in any pattern of development. During the 21st century, the Indian industries have undergone radical changes not only in the field of technology but also in efficiently managing the human resources. One of the most important elements of production is the labour force ought to be managed in a fruitful way to achieve the desired levels of productivity. Numerous innovative factors are responsible for managing human resources in good ways which are inculcated by the entrepreneurs nowadays. One of the important means of tapping human resources in a better way is providing certain perks and social security measures such as pension benefits, accident cover/insurance, gratuity L.T.C and so on. Our legislation has enabled the provisions of certain security measures for the industrial workers to a significant level. After the introduction of the New Economic Policy (N.E.P) and Liberalisation/Globalisation, industrial workers are covered under New Industrial Policy Pensions Act. The authors [of] this paper paid much attention in analyzing the various social security measures offered to industrial workers and their effect on productivity. The study also shows the way by which the tendency of “Luddism” that prevails among the working class to show their protest to the industrial houses in an indirect way, could be avoided. Furthermore, the study identifies strategies to avoid the market concentration which would lead to exploitation through the formation of cartels and monopolies of the entire market structure. Finally, the study insinuates one of the evil consequences of concentration that paved the way for the reduction of the quantum of security measures.
{"title":"An analytical study on managing human resources through relevant social security measures","authors":"T. Porkodi, N. Kogila, J. M. Velmurugan","doi":"10.1080/09720510.2022.2083830","DOIUrl":"https://doi.org/10.1080/09720510.2022.2083830","url":null,"abstract":"Abstract The human factor plays an important role in any pattern of development. During the 21st century, the Indian industries have undergone radical changes not only in the field of technology but also in efficiently managing the human resources. One of the most important elements of production is the labour force ought to be managed in a fruitful way to achieve the desired levels of productivity. Numerous innovative factors are responsible for managing human resources in good ways which are inculcated by the entrepreneurs nowadays. One of the important means of tapping human resources in a better way is providing certain perks and social security measures such as pension benefits, accident cover/insurance, gratuity L.T.C and so on. Our legislation has enabled the provisions of certain security measures for the industrial workers to a significant level. After the introduction of the New Economic Policy (N.E.P) and Liberalisation/Globalisation, industrial workers are covered under New Industrial Policy Pensions Act. The authors [of] this paper paid much attention in analyzing the various social security measures offered to industrial workers and their effect on productivity. The study also shows the way by which the tendency of “Luddism” that prevails among the working class to show their protest to the industrial houses in an indirect way, could be avoided. Furthermore, the study identifies strategies to avoid the market concentration which would lead to exploitation through the formation of cartels and monopolies of the entire market structure. Finally, the study insinuates one of the evil consequences of concentration that paved the way for the reduction of the quantum of security measures.","PeriodicalId":270059,"journal":{"name":"Journal of Statistics and Management Systems","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129607757","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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