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The paper highlights the implications of Goods and Services Tax (GST), a major tax reform in India launched in July 2017 on the Make in India initiative launched in the year 2014. The GST is expected to trigger its impact on the following eight elements: warehouse efficiency, interstate check‐post operations, informal to formal business transition, interstate business expansion by micro, small, and medium enterprises, simplicity and transparency in tax collection process, logistics cost reductions, ease of doing business in India, and working capital cost realignment, which in turn may accelerate the manufacturing growth in Indian economy. In order to study the impact of the factors of GST on the Make in India initiative and the manufacturing growth, a system dynamics approach has been adopted in this paper. A number of simulation runs carried out using the system dynamics modelling have provided meaningful insights to the policymakers and strategic planners for evolving strategies for manufacturing growth. [ABSTRACT FROM AUTHOR]

Farmer producer companies (FPCs) have widely transformed the livelihoods of the people and mainly squeezed the income and living standard conditions in the rural sectors, specifically a primary sector engaged majorly with village economies. This article diagnoses the collective cooperative concept and formation of FPCs in the country since their establishment in the year 2008–2021. We utilized secondary data from the Ministry of Corporate Affairs (MCA) and the outcome of the study discusses the state and zone‐wise performance of FPCs in the country. The result found that only a few zones are performing in the FPCs businesses which makes it sustainable. The study further adds the sustainable measures for performance of the FPCs. [ABSTRACT FROM AUTHOR]

The article discusses the role of trade and international economic policy in Indian economic performance. It notes that multilateral agencies play an important role in policy formation like World Bank or International Monetary Fund. Moreover, the demographic factor of India also affects its development as well as its international economic policy.

For a long time, the relations between India and the EU have been largely informed by economics without any similar significant engagement at the political level. In recent times however, amongst others, the changing external environment, the EU's emerging profile as a global actor and India's growing importance both regionally and globally warranted the need for greater political dialogue and cooperation between the two sides. What followed therefore was the formalisation at the highest level of the EU's political dialogue with India and its institutionalisation into a meaningful summit-level partnership leading to a strategic partnership. Areas of divergence and challenges remain but the opportunities that have surfaced are significant and deserving of attention. This article critically analyses the growing strategic partnership between India and the EU in the light of both these realities. [ABSTRACT FROM AUTHOR]

Trust has latterly become an important focus of enquiry across the social sciences, and this article reflects critically upon the current literature on the basis of ethnographic research into the transactions of small companies in several sectors of Indian industry, and the reorganization that is taking place in Indian family business groups in the context of economic globalization. It is concluded that much of the argument about the increasing importance of trust in the context of globalization is misplaced, and that it serves an ideological function. The problem of business management in India is that of bringing about change in the institutional framework and in business behaviour in a context in which these changes confront a culture of ‘selective trust’ amongst groups of people in specific social networks. [ABSTRACT FROM AUTHOR]