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Volume 2, Issue 3(II) : July ISSN 2322 - 0899 INTERNATIONAL JOURNAL OF RESEARCH IN MANAGEMENT & SOCIAL SCIENCE Empyreal Institute of Higher Education Volume 2, Issue 3 (II) Guwahati July - September, 2014 www.empyreal.co.in International Journal of Research in Management & Social Science Volume 2 , Issue 3 ( II ) : July - September 2014 Chief Patron Shree Zahirul Alam Ahmed Director, Empyreal Institute of Higher Education. President , Bhramaputra Welfare Organization Editor- In-Chief Dr. Tazyn Rahman Dean ( Academics ) Jaipuria Institute , Indirapuram , Ghaziabad Members of Editorial Advisory Board Dr. Alka Agarwal Mr. Nakibur Rahman Director, Former General Manager ( Project ) Mewar Institute, Vasundhara, Ghaziabad Bongaigoan Refinery, IOC Ltd, Assam Dr. D. K. Pandey Dr. Anindita Director, Associate Professor, Unique Institute of Management & Technology, Jaipuria Institute , Indirapuram, Meerut Ghaziabad Dr. Namita Dixit Dr. Pranjal Sharma Assistant Professor, Associate Professor, Department of Management Jaipuria Institute , Indirapuram , Ghaziabad Mile Stone Institute of Higher Management, Ghaziabad Dr. Neetu Singh Dr. Sarmistha Sarma HOD, Department of Biotechnology, Associate Professor, Mewar Institute , Vasundhara, Ghaziabad Institute of Innovation in Technology and Management Dr. V. Tulasi Das Mr. Sukhvinder Singh Assistant Professor, Assistant Professor, Acharya Nagarjuna University Institute of Innovation in Technology and Management Dr. Nurul Fadly Habidin Ms. Shivani Dixit Faculty of Management and Economics, Assistant Professor, Universiti Pendidikan Sultan Idris, Malaysia Institute of Management Studies, Ghaziabad Copyright @ 2014 Empyreal Institute of Higher Education, Guwahati All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, or stored in any retrieval system of any nature without prior written permission. Application for permission for other use of copyright material including permission to reproduce extracts in other published works shall be made to the publishers. Full acknowledgment of author, publishers and source must be given. The views expressed in the articles are those of the contributors and not necessarily of the Editorial Board or the Institute. Although every care has been taken to avoid errors or omissions, this publication is being published on the condition and understanding that information given in this journal is merely for reference and must not be taken as having authority of or binding in any way on the authors, editors and publishers, who do not owe any responsibility for any damage or loss to any person, for the result of any action taken on the basis of this work. All disputes are subject to Guwahati jurisdiction only. International Journal of Research in Management & Social Science Volume 2 , Issue 3 ( II ) : July - September 2014 CONTENTS Research Papers FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN INDIA-A STUDY 1 - 5 Dr. Badiuddin Ahmed and Khatibur Rab CORPORATE SOCIAL RESPONSIBILITY IN INDIA: A COMPARATIVE STUDY OF LEADING 6 – 12 BANKS Rimjhim Patra and Kushal De CONCEPTUALIZING AN IMMINENT APPROACH TOWARDS ROLE OF TALENT VALUE 13 – 18 CHAIN IN EFFECTUAL TALENT MANAGEMENT: A SUSTAINABLE TOOL FOR EFFECTIVE WORKFORCE MANAGEMENT Dr.(Mrs) Vijit Chaturvedi ACCEPTANCE OF BOOK DONATION BY UNIVERSITIES: AN EVALUATION CRITERIA 19 – 22 Okede, Godbless.W. and UdumukwuIfeyinwa J. ORGANIZED SECTOR TAXI OPERATORS IN INDIA – OPPORTUNITIES & CHALLENGES 23 – 28 Dr. Tazyn Rahman and Neerja Anand A STUDY ON THE INVESTMENT OPPORTUNITIES IN THE NON-IT SECTORS IN INDIAN 29 – 35 ECONOMY M.Haritha , Ravi V and Naveen A RE-EXAMINIG THE RIGHT TO LIFE AND ABORTION THROUGH THE OPAQUE PRISM OF 36 – 44 MEDICINE AND ETHICS. Agbo J. Madaki AN EMPIRICAL STUDY TO DETERMINE THE MOST PREFERRED INVESTMENT AVENUE 45 – 52 AND FACTORS INFLUENCING THE INVESTMENT PREFERENCE AMONG RETAIL INVESTORS R. Suyam Praba and Dr. K. Malarmathi MOTIVATIONAL CLIMATE AND ITS IMPACT ON JOB SATISFACTION: A COMPARATIVE 53 – 60 STUDY OF PRIVATE AND GOVERNMENT B-SCHOOLS Divya Goel, Ravi Bhasin and Dr. Intezar Khan ROLE OF LIFE INSURANCE COMPANIES IN ECONOMIC DEVELOPMENT-WITH 61 – 67 REFERENCE LIC, ICICI PRU Dr. Badiuddin Ahmed and Syed Moizuddin SOCIAL MEDIA BRANDING AND BRAND IMAGE DEVELOPMENT – CONCEPTS AND 68 - 72 CASES Dr. Sandeep Kumar and Prabhat Kumar Bhaskar THE RADIANT MANAGER?... 73 – 82 M. Arulmani and V.R.Hema Latha WOMEN IN INDIAN INFORMAL ECONOMY AND THEIR DEVELOPMENT THROUGH SHGs 83 – 87 Shelly De (Pandit) RESPONSIVENESS OF UNIVERSITIES TOWARDS COMMUNITY BASED RESEARCH AND 88 – 94 ENGAGEMENT WITH SPECIAL REFERENCE TO INDIA Smita Kavatekar CORRELATION BETWEEN FDI AND INDIAN STOCK MARKET: A STUDY 95 – 101 Monaj Kumar Panda, Dr. Suman Kalyan Chaudhury and Santanu Kumar Das ECONOMIC PERFORMANCE & GLOBAL GOVERNANCE: EVIDENCE FROM DEVELOPING 102 – 109 INDIA Dr. Meghashree Agarwal Dadhich CORPORATE ENVIRONMENTAL ACCOUNTING IN INDIA 110 – 115 Pooja V. Mehta CHALLENGES IN FRONT OF INDUSTRIAL RELATION IN A CHANGING SCENARIO WITH 116 – 121 SPECIAL REFERENCE TO SELECTED INDUSTRIES IN BARAMATI MIDC” Dr. Jadhav Deepali Rajendra BRAND IDENTITY AS A TOOL OF COMPETITIVE ADVANTAGE 122 – 125 Dr. Kumar Alok Pratap and Prabhat Kumar Bhaskar KNOWLEDGE MANAGEMENT AND KNOWLEDGE SOCIETY 126 – 134 Dr. Kanchan Kamila and Sangita Bhattacharjee FDI IN INDIAN RETAIL – THE CAPITAL PUNISHMENT TO DOMESTIC INDUSTRIES 135 – 137 Harish. N FINANCIAL LIQUIDITY STUDY OF MILK PRODUCING CO-OPERATIVE SOCIETY 138 – 142 ( WITH SPECIAL REFERENCE TO GUJARAT STATE IN INDIA , DIST-VALSAD OF BACKWARD AREAS OF TALUKA KAPARADA. ) Prof. Alkaben Harilal and Patel Dilipkumar Chunilal HR ROLES IN HANDLING WORKPLACE BULLYING ISSUES 143 – 152 Pradeep S, Raghavendra and Sowmya Latha QUALITY EDUCATION THROUGH P3- A STEPPING STONE TOWARDS ENHANCING 153 – 156 EMPLOYABILITY. Tasmiya Hussni and Komal Dave SUSTAINABLE MARKETING - VITAL OR OPTIONAL ? 157 – 161 Dr.P.C Tripathy, Dr. Flávio de São Pedro Filho and Dr.Saikat Gochhait THE MOST SUCCESSFUL CREDIT COOPERATIVE SOCIETY OF VALSAD DISTRICT : A 162 - 166 STUDY ( WITH SPECIAL REFERENCE TO INDIA : GUJRAT STATE IN INDIA , DIST- VALSAD OF BACKWARD AREAS OF TALUKA KAPARADA. ) Prof. Alkaben Harilal and Patel Dilipkumar Chunilal EMPLOYEE RETENTION MANAGEMENT “TALENT ACQUISATION AND RETENTION 167 – 171 STRATEGIES IN IT COMPANIES” Mamatha, Vanitha and Sharanya ENHANCING THE STRENGTH PROPERTIES OF CONCRETE THROUGH ACTIVATION 172 - 177 TECHNIQUES P.Narendra Chowdary, V.Pavan Kumar Reddy, N.Venkata Kiran, A.T.Harsha Arya and Siddesh K Pai International Journal of Research in Management & Social Science ISSN 2322 - 0899 Volume 2, Issue 3 ( II ) : July – September , 2014 FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN INDIA- A STUDY Dr. Badiuddin Ahmed1 and Khatibur Rab2 Associate Professo1r & Former Head, Department of Management & Commerce, MANUU, Hyderabad Research Scholar2, Maulana Azad National Urdu University (MANUU), Hyderabad ABSTRACT FDI Inflows to Service Sector has been phenomenal in the past few years. Since the inception of the liberalization of the Indian economy in 1991, the country has experienced a huge increase in the inflow of Foreign Investments. The service sector in India has tremendous growth potential and as such it has attracted huge Foreign Direct Investments (FDI). The paper tries to examine the various set of factors which influence the flow of FDI Identifying the causes for low inflow and suggestive remedial measures to increase the flow of FDI in India with that of other developing nations in world And the growth and development of FDI and it discussed the Indian economic growth through FDI. In addition it explains and showed the various sector-wise FDI performances in India. And it impacts on Indian economy. Key Words: FDI, Indian Economy, Determinants, problem and suggestion. INTRODUCTION Foreign Direct Investment (FDI) is direct investment by a foreign company in production or services which leads to the ownership of domestic productive assets like machinery, land, production including controlling power. Foreign direct investment is done for many reasons including to take advantage of cheaper wages in the country, special investment privileges such as tax exemptions offered by the home country as an incentive to gain tariff-free access to the markets of the country or the region. REVIEWOF IERATURE Balasundaram Maniam and Amitiava Chatterjee (1998) studied on the determinants of US foreign investment in India; tracing the growth of US FDI in India and the changing attitude of the Indian Government towards it as a part of the liberalization program. Nagesh Kumar (2001) concluded that the magnitudes of inflows have recorded impressive growth, as they are still at a small level compared to the country’s potential. Balasubramanyam.V.N and Vidya Mahambre (2003) concluded that FDI is a very good means for the transfer of technology and knowhow to the developing countries. Birendra Kumar and Surya Dev (2003) with the data available in the Indian context showed that the increasing trend in the absolute wage of the worker does not deter the increasing flow of FDI. Laura Alfaro (2003) finds that FDI flows into the different sectors of the economy (namely primary, manufacturing, and services) exert different effects on economic growth. FDI inflows into the primary sector tend to have a negative effect on growth, whereas FDI inflows in the manufacturing sector a positive one. Evidence from the foreign investments in the service sector is ambiguous. Sebastin Morris (2004) has discussed
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