[Official] TISS 2014-16: M.A. HRM and LR : Daily Essay

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Follow the 2015-17 TISSNET discussion for latest updates:

http://www.pagalguy.com/xat-snap-cmat-others/tiss-net-2015-2017-preparation-28083520


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Follow the latest TISSNET 2015-17

thread for discussions:

http://www.pagalguy.com/xat-snap-cmat-others/tiss-net-2015-2017-preparation-28083520


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TISS HRM!! when would the Application forms be available??

Co-coordinator of PROvakta- Public speaking club
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guys can anybody tell me what chances do the freshers have to make it to TISS??

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there is a new thread for this year aspirant , plz help and guide seniors


http://www.pagalguy.com/xat-snap-cmat-others/tiss-net-2015-2017-28083520

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this is urgent !!

what is the initial amount to be deposited for MA in globalisation and labor program.

Thanks 

I don't suffer from insanity; I enjoy every minute of it.
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Anyone from kolkata having interview on 19th march?


CAT-13: 89.93 SNAP, 93.2 | Work Ex-32 months | Applied: NM-B LIBA TAPMI GIM XIMB TAPMI FSM IMNU KJS FMS-BHU LBSIM TISS-HR| Converts: IMNU FSM FMS-BHU SIBM-B SIIB-IB LBSIM … |Rejected: TISS-HR TAPMI
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Hi,, does anyone has the link to download HRM by K. Aswathappa ebook?

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Guys can we again start this thread actively...???


CAT-13: 89.93 SNAP, 93.2 | Work Ex-32 months | Applied: NM-B LIBA TAPMI GIM XIMB TAPMI FSM IMNU KJS FMS-BHU LBSIM TISS-HR| Converts: IMNU FSM FMS-BHU SIBM-B SIIB-IB LBSIM … |Rejected: TISS-HR TAPMI
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Essay : Comparison of China and India's economy.


Asia seems to be at the forefront of the world's economic growth today.It all started with the miracle story of Japan and continued with the rise of the Five Asian tigers.The last two decades has seen the emergence of China and India as major global powers.This rise has a lot to do with their impressive economic growth even in the face of global recession.
China is the fastest growing major economy in the world.Clocking impressive growth rates of over 8% in the last decade,the Middle kingdom has raced ahead of all competition .It is the second largest economy in the world (both nominal GDP and PPP) and is the largest exporter.China's large manufacturing base has fuelled this growth.Strict government control has reduced red tape to a minimum with faster clearance of major projects .China opened its doors to foreign investment in the 70's and has since then never looked back.But the picture is not all rosy.The govt's one child policy has created a aging workforce.This is a major concern as it is the young population which drives growth.Also despite the impressive economic growth,there is growing discontent among the people because of the govt's dictatorial policies .
Compared to China's rabbit,India has been a tortoise.The country after a period of sluggish growth in the 70's and the 80's opened up its economy in 1991.Impressive economic growth followed clocking 7% in the mid 2000s.The last few years has seen a slowdown with groth rates around 4-5%.Nevertheless,the economy seems steady.The main drivers behind this growth has been the services sector which contributes to two-thirds of the economy.The young ,English educated population has been at the forefront of this growth.India is currently the youngest country in the world which is a major advantage.There are major stumbling blocks though.Corruption has caused major losses with multitude of scams hitting the news in the last decade.The govt's credibility has taken a beating.The widening current account deficit is another cause for concern.India is still a net importer and its exports are woefully short.The Rupee is one of the most weakest currencies in the world.
Apart from the above points,both the Asian giants face some common issues. Income inequality is rampant in both the countries. China's economic growth is limited to its East and centre.The western provinces of Xinjiang and Tibet are woefully poor.In India too ,the BIMARU states of North and Central have seen virtually no growth.There is a huge divide in urban and rural incomes in both the nations.China's per capita income is a low 9000$ while India is even worse at 3000$.
Nevertheless,there are silver linings to both the clouds.China's govt has relaxed its 'one child policy' .The general elections in India this year could prove to be a watershed.Major credit agencies like S&P;'s and Moody's have predicted that India's gdp rate would increase.China's growth seems to be robust.Both these great civilizations have their fare share of problems.But both these great nations have the ability to rise above all shortcomings.
With a change of guard in both these nations happening,economic growth could well witness its second spring.The world is watching with bated breath because a prosperous 'Chindia' means a prosperous World!!


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Topic: The Indian economy and issues relating to India's national income and its composition; per capita income etc.

William Shakespeare wrote in his playwright king Lear “So distribution should undo excess, and each man have enough.”


Do the economic indicators like 10th in terms of nominal GDP with $1.824 trillion and 141st with a per capita GDP of $1491 reflect the true picture of Indian economy? Or does 21.9 % of our population living below the poverty line do?

The economic indicators like GNP as a measure of National income has limitations as it excludes poverty, literacy, public health, gender equity and other measures of human prosperity. Even if the Indian economy grows faster than the BRICS countries and G6, the benefits of the growth would not be evenly distributed throughout the nation.


India's regional development has been particularly uneven, even by developing country standards. Since the 1960s, India's regional growth performance has been polarized, characterized by a high-income club and a low-income club. The rich club constitutes states such as Gujarat, Maharashtra, Punjab and Haryana, with the more recent additions of Tamil Nadu and Karnataka. The low-income club includes Orissa, Bihar, Rajasthan, Madhya Pradesh and Uttar Pradesh, amongst others. Worryingly, the composition of these clubs has remained largely unchanged over the last four decades.Attempts to understand this uneven growth performance have occupied a large socio-economic literature, with explanations varying from the nature of the state to planning and development, fiscal federalism, the tax system, investment, education and infrastructure, to name a few.


This scenario has worrying implications for India's economic growth and regional development. While India has experienced unprecedentedly high GDP growth rates in recent times, growth seems to have been fuelled from a few sectors of the Indian economy, and even worse, only a few states. India's growth hubs are not connected with each other—either geographically or via a particular engine of growth. With only a handful of growth hubs with no spillover effects, the distribution of employment across the states is highly skewed, leaving pockets of poverty in the poorer states.


Though the objective of establishing a socialistic society was adopted in second five year plan but truly speaking it has not yet achieved its objective. High degree of disparity in income /wealth distribution is found in India.


The twelfth five year plan requires new approaches to produce the desired results. We need to enhance the capacity for growth with more mobilization of investment resources; higher investment in infrastructure through both public and PPP routes. Today India's economic growth is not generating enough jobs or livelihood opportunities. To address this we need to improve our education and training systems; create efficient and accessible labor markets for all skill categories; and encourage the faster growth of small and medium enterprises. Faster and more inclusive growth will require a rapid increase in energy consumption. Our inadequate transport infrastructure results in lower efficiency and productivity; higher transaction costs; and insufficient access to our large national market. Our health indicators are not improving as fast as other socio-economic indicators. Good healthcare is perceived to be either unavailable or unaffordable. We need to improve healthcare conditions, both curative and preventive, especially relating to women and children.


Several schemes like SWARAN JAYANTI GRAM SWAROZGAR YOJANA (SGSY), PRADHAN MANTRI GRAM SADAK YOJANA (PMGSY) , MAHATMA GANDHI NATIONAL RURAL EMPLOYMENT GUARANTEE SCHEME (NREGS) & the most recent ROSHINI (Skill development scheme for tribal youth) started by the GOI for poverty alleviation and employment generation have not fetched satisfactory results due to insufficient resources and lack of proper implementation, active participation of poor, proper identification of poor and infrastructure.


India is now experiencing the unfortunate collateral damage of the global financial crisis and economic slowdown. It is crucial for the Indian government to use this opportunity to use expansionary fiscal policy and redirect both public and private investments towards the creation of infrastructure and the provision of basic needs. It is only with such a determined effort that any future growth will actually deliver poverty reduction. Merely increasing the income level of individual, household or group cannot claim economic growth when sections of the people are marginalized to the periphery of the society. The rapid economic growth process should accelerate the access to services like education and health services for all, especially the marginalized citizens

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