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In this research paper, we examined the influence of demographic and household factors on adecision to surrender a life insurance policy before the end of the policy term. As per thehandbook on Indian Insurance Statistics 2020-21, by the 5 th year of policy sale, only 4 out of 24 life insurers could retain half of their policies. One of the reasons for this low persistenceis the increased surrender of policies. Surrendering a policy means the policyholdercancelling the policy and agreeing to take the cash value/surrender value accrued to thepolicy over time and forgoing the death benefit or maturity benefit. Generally, a policyacquires surrender value after the policyholder has paid the premiums continuously for threeyears. A survey of randomly selected 537 policyholders was conducted using a structuredquestionnaire to examine the influence of demographic and household factors on a decisionto surrender a life insurance policy. Results of our study suggest that demographic andhousehold factors influence the decision to surrender a life insurance policy. Marital statusand occupation are statistically significant predictors of the decision to surrender a policy.

Innovations play a crucial role to foster the economic growth and sustainable development by addressing urgent economic and social needs, and by enhancing productivity and competitiveness. Due to its significance, this study examines the impact of civil liberties and creative class on innovation output in case of Pakistan. Innovation output is proxied by patent and trademark applications of residents of Pakistan. The study employs a time series data over the period of 1982-2014 and negative binomial method to test the hypotheses empirically. The results implicitly support the hypotheses that lesser civil liberties are negatively related to the innovation output. Whereas, explicitly lesser civil liberties negatively but insignificantly related to the patent applications and are significantly positively related to the trademark applications. Creative class and school enrollment positively significantly related to the innovation output. Other factors such as, political rights and foreign direct investment negatively insignificantly relates to the trademark applications whereas positively significantly relates to patent applications. Expenditures on education as percentage of GDP (Proxy of R&D) negatively and significantly relates to trademark applications but negatively insignificantly to patent applications.

The major objective of this research study is to examine the influence of economic sustainability on banking system development. Sustainable finance represents a significant challenge in order to achieve the sustainable development of the banking system. Moreover, the digitization process regarding the banking system was significantly influenced by the effects of the COVID-19 pandemic. Transactional technologies are innovative solutions that strengthen the banking system and provide optimal quality financial services to consumers. The progress of digital innovation and increasing openness to digital skills represents an opportunity to achieve sustainable development.

The study examines the effect of return on equity (REO), sales growth (SG), debt to equity ratio (DER), Cash Ratio (CR) company size (CS) and Dividend pay-out ratio (DPR) on stock price volatility (SPV) by analyzing the financial data of 134 firms of textile sector of Pakistan. The study based on Pakistani textile sector which is one of the major pillars of the economy. It contributes 8.5% in GDP of Pakistan and employees more than 45% of labour. The data was collected from firms listed in Pakistan Stock Exchange (PSX) for the years of 2008 to 2019. The data was analysed through E-views and the results show that Return on equity (ROE) and sales growth (SG) has positive significant relation with stock price volatility (SPV). There is positive relation between debt-to-equity ratio (DER) and stock price volatility (SPV). The study further shows that company size (CS) and cash ratio (CR) has negative significant relation. The study highlights the factors that bring volatility in stock price and the principal variables to keep in mind while making investment decision. [ABSTRACT FROM AUTHOR]

Copyright of Industria Textila is the property of Institutul National de Cercetare-Dezvoltare pentru Textile si Pielarie and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Industria Textila is the property of Institutul National de Cercetare-Dezvoltare pentru Textile si Pielarie and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

THE LONGSTANDING RELATIONSHIP BETWEEN PAKISTAN AND CHINA HAS YIELDED SUBSTANTIAL BENEFITS, NOTABLY THROUGH THE CHINAPAKISTAN ECONOMIC CORRIDOR (CPEC). THIS STUDY EVALUATES THE ECONOMIC IMPACT OF THE ENERGY INVESTMENTS WITHIN CPEC USING THE COMPUTABLE GENERAL EQUILIBRIUM (CGE) MODEL AND GTAP 9.0 DATA. FINDINGS REVEAL SIGNIFICANT POSITIVE EFFECTS ON PAKISTAN'S REAL GDP, MERCHANDISE EXPORTS, AND IMPORTS, WITH AN OVERALL INCREASE IN HOUSEHOLD INCOME AND EMPLOYMENT. THE COAL ENERGY PROJECTS ARE PROJECTED TO BOOST ECONOMIC GROWTH, REDUCE POVERTY, AND ENHANCE ENERGY ACCESSIBILITY. WHILE THE STUDY HAS LIMITATIONS, SUCH AS THE STATIC NATURE OF THE MODEL AND LIMITED FOCUS ON THE SERVICE SECTOR, IT UNDERSCORES THE TRANSFORMATIVE POTENTIAL OF CPEC’S ENERGY INVESTMENTS FOR PAKISTAN'S ECONOMY AND RECOMMENDS FURTHER DYNAMIC MODELING FOR COMPREHENSIVE INSIGHTS. [ABSTRACT FROM AUTHOR]

XPLORED, THROUGH A THOROUGH SEARCH STRATEGY IN SCOPUS AND WEB OF SCIENCE WITH KEYWORDS LIKE "SUSTAINABLE CONSUMPTION," "RESPONSIBLE PRODUCTION," AND "SDG 12." AFTER DATA SCREENING, IT WILL SYNTHESIZED AND PRESENTED IN THIS RESEARCH PAPER. TO LAY THE GROUNDWORK FOR WISE POLICY CHOICES AND SUSTAINABLE DEVELOPMENT PROJECTS, THIS RESEARCH PAPER SEEKS TO PROVIDE IMPORTANT INSIGHTS ON THE CONDITION OF RESPONSIBLE CONSUMPTION AND PRODUCTION PRACTICES IN THE POWERFUL ASIAN ECONOMIES OF TODAY. [ABSTRACT FROM AUTHOR]

Life insurance is a long-term contract in which company is committed to paying a specified death or maturity benefit provided that the premiums are paid by the insured. However, a policyholder can terminate the policy either through lapse or surrender at any point of time. influence the profitability and liquidity of insurance companies through acquisition cost, loss of income from renewal premiums etc., and hence needs to be controlled and managed carefully. In this research, an effort is made to identify factors leading to lapsation and surrender of life insurance products and statistically assess their importance based on primary data collected from life insurance policy holders. The data and information collected about reasons for lapsing/surrendering a life insurance policy were analysed using Gretl. A logit model was developed to test the marginal effect of various factors having association with the decision to lapse/surrender a life insurance policy. ofLogit model on lapsation have identified age, marriage, loss of job, debt, hospitalization of dependents, agents' poor service and poor return from policy as the drivers of lapsation. Similarly results of logit model on surrender activity has identified marital status, occupation, marriage of self and children, loss of job, debt, children's education, house construction and poor return from policy are the major reasons for surrendering a life insurance policy before the completion of the term. [ABSTRACT FROM AUTHOR]

Technology is important to the banking industry. One of the biggest financial institutions, banking, is constantly looking for ways to offer customers more convenience and a better customer experience through technology-enabled services. In the information age, everyone has a mobile phone, which is an everyday technological item. A growing alternative avenue for offering banking services is mobile banking. Gathered data for this research study from both primary and secondary sources. The basic data was gathered through a questionnaire that was delivered to 224 in rural area. Financial inclusion means having access to services and goods including bank accounts, insurance, remittance and payment services, financial consulting services, etc. Mobile banking is a popular choice among those with low incomes since it is simple to use, handy, affordable, and secure. Historically, the poor have resided in the unorganized sector, where they have little access to banking services. They can now take advantage of the same range of financial services with mobile banking. The mobile banking system is absolutely appropriate for the distant places given that it is an easily accessible, cheaper, more comfortable and faster means of sending and receiving money. Rural areas see an increase in financial activity, which supports economic growth. [ABSTRACT FROM AUTHOR]

Copyright of Industria Textila is the property of Institutul National de Cercetare-Dezvoltare pentru Textile si Pielarie and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Asian countries are facing environmental degradation issue which is the result of nonrenewable energy usage for growth however this issue cannot be unnoticed. This study is an effort to highlight the causes for an emerging issue of environmental degradation in selected Asian economies. The research findings demonstrate that urban population, energy consumption and economic growth increases carbon emission CO2 (i.e., environmental degradation) in Asian countries. It is suggested that strategy formulation in Asian economies should implement and indorse renewable energy sources in order to meet up the high energy demand and to reduce CO2 emissions for certain sustainable economic development in Asian countries. [ABSTRACT FROM AUTHOR]

Copyright of Industria Textila is the property of Institutul National de Cercetare-Dezvoltare pentru Textile si Pielarie and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

KHADI AND VILLAGE INDUSTRIES IS A MAJOR WING IN MSMES. THE PRESENT STUDY IS ANALYTICAL IN NATURE AND IS ENTIRELY BASED ON SECONDARY DATA. SECONDARY DATA RELATED TO THE PRODUCTION, SALES AND EMPLOYMENT OF KHADI& VILLAGE INDUSTRIES OF INDIA ARE COLLECTED FROM THE VARIOUS ANNUAL REPORTS OF MSMES GENERATED BY THE MINISTRY OF MSME, GOVERNMENT OF INDIA AND ANNUAL REPORTS OF KHADI AND VILLAGE INDUSTRIES COMMISSION (KVIC). THE ANNUAL REPORTS OF THE MSME SECTOR FROM 2010-11 TO 2020-21 HAS BEEN ANALYZED AND EVALUATED TO DRAW THE CONCLUSION. THE PURPOSE OF THIS STUDY IS TO ANALYSE THE GROWTH AND DEVELOPMENT OF KHADI AND VILLAGE INDUSTRIAL SECTOR IN TERMS OF PRODUCTION, SALES AND EMPLOYMENT GENERATION. AS WELL AS IT STUDIES THE BUDGET SUPPORT TO THE KVIC SECTOR BY THE GOVERNMENT. DATA INDICATE THAT THE KVI SECTOR MADE A MAJOR CONTRIBUTION TO EMPLOYMENT. HOWEVER, THIS SECTOR IS PERFORMING WELL, WITH INCREASING PRODUCTION AND SALES. COMPARED TO OTHER INDUSTRIES, THE KVI GROWTH IS SLOWER THAN OTHER SECTOR INDUSTRIES. IN THE KHADI SECTOR, EMPLOYMENT IS LOWER THAN AVERAGE. IT IS REPORTED THAT ALMOST 95% OF THE YEARLY BUDGET'S MONEY HAVE BEEN DISBURSED. FOR CALCULATION OF RESULTS OF CORRELATION HAS BEEN USED AND CONCLUDED THAT PRODUCTION AND SALES KHADI SECTOR AND VILLAGE INDUSTRY IS POSITIVELY HIGHLY CORRELATED. TO IMPROVE THE RURAL ECONOMY AND CREATE JOBS IN RURAL REGIONS, THE GOVERNMENT HAS TAKEN A NUMBER OF STEPS IN THE DIRECTION OF THE KVI SECTOR. DESPITE THE FIERCE COMPETITION, THE ENTIRE PERFORMANCE OF KHADI AND VILLAGE INDUSTRIAL SECTOR HAS BEEN OUTSTANDING. SALES AND PRODUCTION ARE ENCOURAGED BY THE KHADI AND VILLAGE INDUSTRIAL COMMISSION THROUGH THE IMPLEMENTATION OF SEVERAL PLANS FOR THE KVI SECTOR. [ABSTRACT FROM AUTHOR]

AN "INVESTMENT" INCLUDES EVEN A SAVINGS ACCOUNT EARNING 1% INTEREST. MOST PEOPLE, HOWEVER, REFER TO HIGHER RETURN PRODUCTS LIKE MUTUAL FUNDS, ETFS, AND EQUITIES WHEN THEY TALK ABOUT INVESTING. INVESTING GUARANTEES LONG-TERM FINANCIAL SECURITY FOR THE PRESENT AND THE FUTURE. YOUR INVESTMENTS' INCOME AND FINANCIAL SECURITY ARE POSSIBLE THANKS TO THEM. A DIVIDEND IS ONE WAY THAT INVESTMENTS LIKE STOCKS, BONDS, AND ETFS CAN GENERATE INCOME. THIS SUM IS WHAT SHAREHOLDERS RECEIVE ONLY FOR KEEPING THEIR INVESTMENT. AS A RESULT OF THE MONTHLY, QUARTERLY, OR ANNUAL DISTRIBUTIONS PAID BY MANY INVESTMENTS, YOU CAN BENEFIT FROM PASSIVE INCOME THAT ONE DAY MIGHT TAKE THE PLACE OF YOUR PAYCHECK, SHOULD ALWAYS STRIVE TO INVEST 15% OF YOUR PRE-TAX INCOME, AS A GENERAL RULE OF THUMB. IF YOU BEGIN INVESTING BY THE AGE OF 30, GENERATE AN AVERAGE YEARLY RETURN OF 10%, AND MAKE A MINIMUM OF $21,500 PER YEAR, YOU WILL HAVE AMASSED A MILLION DOLLARS BY THE TIME YOU ARE 65. INVESTORS ARE MORE LIKELY TO BE MEN THAN WOMEN. THIS INVESTING DIFFERENCE, ALONG WITH THE SALARY DISPARITY AND OTHER FACTORS, OVER THE COURSE OF A 35-YEAR CAREER, MIGHT RESULT IN MISSING OUT ON $1 MILLION IN VALUE. IN A SIMILAR VEIN, MEN ARE FIVE TIMES MORE LIKELY THAN WOMEN, REGARDLESS OF AGE, TO REPORT THAT INVESTING IS THEIR TOP PRIORITY. [ABSTRACT FROM AUTHOR]

MSMEs in India play a substantial role in the growth of country's economy, contributing 30% to its GDP. The Micro, Small & Medium Enterprises or MSMEs in India employees over 11.10 crore people and facilitates in employment generation. These enterprises are involved in the production of over 6000 different items, showcasing their diverse range of economic activities. However, despite their significant contributions, Indian MSMEs face a major obstacle in the form of lack of finance. Along with the financial problem, due to many other challenges, micro-enterprises are struggling for their growth and development. To overcome the problem of financial support, the Government of India launched the MUDRA (Micro Units Development and Refinance Agency) Scheme to provide financial assistance and support to MSMEs on April 8, 2015. The seven sister states are the neighboring states of Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripurain north eastern India. However, the region has a blessed strategic location and abundant resources with specialties of production from each state. Indeed, the people of the region can take advantage to a greater extent by utilizing the available resources and promoting the MSME. Thus, This research paper aims to critically evaluate the performance of the MUDRA scheme in India since its inception. Additionally, the paper aims to evaluate the state-wise number of accounts and disbursement amount under Shishu, Kishore and Tarun under Mudra Scheme across all 7 Northern East states of India. The study covers the period from 2015-16 to 2021-22. The analysis is based on secondary data, collected from the annual report of 2022-2023 generated by the Ministry of MSME, GOI. The application of ANOVA demonstrated a significant difference in the average number of accounts under Shishu, Kishore and Tarun under the Mudra Scheme across all 7 Northern East states of India from 2015-2016 to 2021-2022. Conversely, the analysis did not indicate a significant difference in the Average disbursement amount under Shishu, Kishore and Tarun under MUDRA Scheme across all 7 Northern East states of India during 2015- 2016 to 2021-2022. [ABSTRACT FROM AUTHOR]

The purpose of this study is to identifying and recognizing the tactics of paradox and conflict resolution in the sustainable organizational culturet hrough interviews by the means of text mining methods. In this regard, the research method is exploratory and has been done with text mining techniques. The research tool was an interview and the most frequently used words, respectively, include broken infrastructure, raising the scientific level, asking for information, consulting with colleagues, logical method, agreeing with the majority, helping the ministry, dealing with the problem, referring to the recruitment, Paying attention to the existing notes, helping informed people, paying attention to Islamic recommendations, and according to the clustering and the average obtained clusters, respectively, include efforts to improve infrastructure (solution orientation), the nature of the manager's decisions (Integrity), the use of majority vote (participatory), the nature of the law and instructions (integrity), training classes (compatibility), interaction with colleagues (non-confrontation) and the best way to identify tactics and culture of paradox resolution tree It was a decision and after the decision tree, regression was the best technique to identify conflict resolution tactics according to the error criterion. In conclusion, the legal challenges can be overcome by re-examining the rules and technical challenges can be addressed through education. [ABSTRACT FROM AUTHOR]

This study was conducted in an effort to better understand how decisions made by the government in Pakistan regarding taxation and spending have affected crime rates over the years 1980 to 2020. The Vector Error-Correction model suggests that the government's policies have a causal effect on crime rates in the long run. The study concludes that rising direct taxes and defence expenditures decreases the reported crime rate in Pakistan. Moreover, the empirics revealed that rising unemployment rate increase crimes. The income inequality has also portrayed positive relationship with reported crimes. The impulse responses affirm the persistent long run relationship trends in which both unemployment rate and income inequality increases crime rate and the direct taxes and defence expenditures decreases crime rate in the country. [ABSTRACT FROM AUTHOR]

The present research study is an attempt to analyse the effects of various levels of education and income inequality on real GDP per capita, in the COVID-19 pandemic era, including 70 countries. We found empirical evidence that the relationship of various levels of education with growth of real income per capita remained the same in 2020 as it was in 2010, except for the slight difference in the magnitudes of the coefficients. The primary school enrolment of the two decades earlier has revealed as the increasing factor to the income per person. However, when we took a decade early or so values the relationship became converse indicating primary school enrolment as the decreasing factor to the income per capita. The empirics indicated that the secondary school enrolment remained contributing factor to the growth of income per capita, and it is the most effective level of education to increase the real GDP per capita. Moreover, there is no empirical evidence in the favour of relationship between tertiary education and the income per person. The income inequality has also provided insignificant results in our analysis. [ABSTRACT FROM AUTHOR]

The banking sector is one of the main sectors of our economy and generates huge revenue income. India is a nation with impressively splendid banks with ample resources and rules and regulations that are well-regulated. GST, i.e. Goods and Service Tax, a new tax regime launched at midnight on 1 July 2017, is one of the biggest transformations faced by the industry during this time. GST is a replacement to the VAT system. Tax rate on banking services have been increased in the present system. This study seeks to understand the problems faced by the banking sector and their impact on customers following the introduction of the GST. By abolishing the centralized registration of banks, the new tax regime has taken an unprecedented measure. All bank branches now have to register for smooth functioning in each state under GST. This research study emphases on the challenges faced by the banking sector on the introduction of GST and the implications for improving the rules, wherever required. This study helps the effect of GST on the banking sector to be understood by detailing the problems and advantages of GST. The perception of banking employees on the GST impact on the banking is undertaken through questionnaire. Areas of improvements which can be made in the GST sector are analysed. [ABSTRACT FROM AUTHOR]

India is the fastest developing economy in the world. The Indian economy is the seventh biggest economy in the world in terms of GDP and the third biggest by purchasing power parity after the US and China. The Indian economy has seen a lot of changes from acting self-dependent to opening its entryway for worldwide exchanging by introducing Liberalization, Privatization, and Globalization in 1991 under the Finance Minister Mr. Manmohan Singh. And from that point in time, India is growing at a great pace. Economic Survey 2015-16, the Indian economy will keep on growing more than 7%in 2016-17 and gradually increase to 8% by FY 2018-19, driven by the gradual usage of changes in the economy, higher disposable income, and change in financial action. The current strides of the Indian government have indicated positive outcomes in the growth of the GDP. In India, most of the transactions are in cash nearly 90% of the stores in the market are accepting money. Micro and small-scale enterprises not only contribute significantly to improved living standards, but they also bring about substantial local capital formation and achieve high levels of productivity and capability. In this situation, this research study takes the initiation to analyze the impact of digitalization on MSMEs as they are one of the major players in the economic development of industrial areas like Karnataka. [ABSTRACT FROM AUTHOR]

This research study aims to understand the opportunities and challenges faced by these families for mass production of biodegradable items. The data for the study was collected by using both personal interview and telephonic interview method. The Snowball sampling method is used in this study; in the first level, the biodegradable product sellers in Udupi and Dakshina Kannada market were contacted. They gave a few primary contacts of product producers; further, these primary contacts gave many references for succeeding interviews. A total of 60 respondents were interviewed for the study. Collected data are tabulated; further frequency tables and cross-tabulation techniques are used in the study to conclude. The study results revealed that the availability of raw materials for Areca nut leaves, Coconut coir and soil based bio-degradable products is abundantly available in Dakshina Kannada. However, the proper technological advancement has not happened to go for mass production. Hence, the cost of production of these items is really high compare to plastic items. For entrepreneurs who are technology ready to produce earthen pots and creeper baskets, Udupi and Dakshina Kannada could be a good destination. [ABSTRACT FROM AUTHOR]

The main aim of this research study is to provide a complex conceptual analysis regarding tax evasion and tax havens. Tax evasion, as well as the implementation of the necessary measures to prevent and combat it are essential aspects in fiscal policy. An analysis of the current normative framework and legal regulations aimed at preventing and combating tax evasion is an efficient method of identifying potential reliable solutions. Moreover, the structure of taxes also exhibits a significant influence on the fiscal system and implicitly on sustainable economic growth. Tax evasion has a considerable impact on exacerbating poverty, rising unemployment and social inequities. [ABSTRACT FROM AUTHOR]