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Presented a paper on “A Comparative Study of Industry in Gujarat and Kerala as a Consequence of their Respective State Policies” in the National Symposium on Poverty and Unemployment: Roadblocks on the growth highways held in Loyala College, Chennai on 6th December, 2013.
TY B.Sc Economics
Prachi wrote a research paper titled “The Political Economy Aspects of Micro Finance in India” under the theme of “Access to Capital” has been selected to represent India at the 10th South Asian Economics Students Meet (SAESM) being organized in Lahore from December 26-30, 2013.
A total of 20 students have been selected from India for the same including students from various colleges like LSR, SRCC, Xavier’s Kolkata etc.
The paper tries to outline the prevailing condition of Micro finance in India in the light of its emergence till now. Although micro finance has had a healthy growth in India, there are some major concerns at the macro and micro level that need to be addressed. This paper discovers the prevailing gap in functioning of MFI’s in India considering the political, social and economic segmentation of local markets.
TY B.Sc Economics
How the Twain meet: Linking Education and Employment among the Dawoodi Bohras presented at South Asia Economists Students’ Meet, 2011, New Delhi. The Dawoodi Bohras trace their origins to the Ismaili Shi’a sect, with a rough population of one million spread in over 470 communities across 40 countries. The paper explores the understanding of returns to education among the Bohras, a community largely associated with businesses/shop-keeping and the tendency of inheritance of these with every successive generation. In such cases, does the established linkage between investment in educations and the returns that accrue to apply? Or do education and employment become independent phenomena? How do these linkages manifest themselves in the gender context? The paper attempts to answer the above mentioned questions exercising participant observation and existing literature as tools.
Innovation and Natural Monopolies: A Study of the Distortions to the process of Creative Destruction presented at Elixir 2012, hosted by Ruia College, Mumbai. The process of Creative Destruction as suggested by Joseph Schumpeter has proved its relevance over time in various aspects of society. However distortions to this process can be observed, especially in industries largely dominated by the public sector. The reluctance to innovate or adopt technology can be observed in cases where technological innovation may lead to complete transformation of existing capital. The paper studies the reaction of such public sector units to upcoming innovations and thus attempts to analyse the distortions in Schumpeter’s theory. The research holds relevance in countries such where along with the functioning of the private sector, the public sector still runs operations of core industries.
Samples of Parallel Economies presented at Confluence, 2012 hosted by St. Xavier’s, Kolkata. The formal sector in India, employing only eight percent of the workforce, is not very dominant. Yet, due to its limitations and complexity of operation, a parallel economy generating a varied range of employment opportunities has emerged in the informal sector. The paper examines (i) Private Tutorials, (ii) The Transport system in Pune and (iii) Railway and Passport Agents as case studies of emergence of such parallel economies in such a context.