Banking reforms and the evolution of cost efficiency in Indian public sector banks

This paper analyses the trends of cost efficiency and its components across Indian public sector banks (PSBs) during the post-deregulation period spanning from 1992/1993 to 2007/2008. The study also examines the issue of convergence in cost, technical and allocative efficiency levels of Indian PSBs. The empirical results indicate that deregulation has had a positive impact on the cost efficiency of Indian public sector banking industry over the period of study. Further, technical efficiency of Indian PSBs followed an uptrend, while allocative efficiency followed a path of deceleration. We note that in Indian public sector banking industry, the cost inefficiency is mainly driven by technical inefficiency rather than allocative inefficiency. The convergence analysis reveals that the inefficient PSBs are not only catching-up but also moving ahead of the efficient ones, i.e., the banks with the low level of cost efficiency at the beginning of the period are growing more rapidly than the highly cost efficient banks. In sum, the study confirms a strong presence of σ- and β-convergence in cost efficiency levels of Indian public sector banking industry.     

Programmed to Fail? Development Projects and the Politics of Participation

The Eastern India Rainfed Farming Project is in many respects a model development project. A joint venture of the governments of India and the UK, the EIRFP has been successful in improving farm-based livelihoods in Jharkhand, Orissa and West Bengal. But the Project might yet be considered a failure. It has not persuaded the poorest villagers in Jharkhand (our study area) to join or manage the self-help groups that are called for by the Project's Logical Framework. We show why this has been the case, and why such an outcome was entirely predictable. Development projects cannot be expected to change local systems of politics or stratification. But this does not mean that the EIRFP is a failure. It means that a development project will be destined to 'fail' when it is judged against unrealistic assumptions about the possibilities and merits of 'participation'.     

International assistance to promote independent media in transition and post-conflict societies

This article focuses on an important but neglected area of democracy assistance: international aid to build and strengthen independent media in transition and post-conflict societies. The purpose of such assistance is to promote democratization by facilitating the free flow of information, transparency, accountability in the government, and economic growth. The article describes the origin of media assistance, examines the focus of media programmes, and presents some of the most important policy and programmatic lessons derived from fieldwork in seven locations: Afghanistan, Bosnia, Central America, Indonesia, Russia, Sierra Leone, and Serbia. The article ends with a plea for further research by the academic community on the subject.     

India’s public opinion and foreign policy: a view from New Delhi

ABSTRACT

Incoherent, or even nonexistent, is the common criticism leveled at India’s public opinion. Given this criticism, scholars of Indian foreign policy often do not consider public attitudes in their research. Contrary to this, I trace the evolution of India’s public opinion and foreign policy connections since the early 1990s to demonstrate that the Indian public has opinions on foreign policy and that those opinions have limited but growing impact on the country’s foreign policy.     

Interpreting the <Emphasis Type="Italic">Scales of Justice</Emphasis>: Architecture,Symbolism and Semiotics of the Supreme Court of India

The neutrality of the art and architecture of courtrooms and courthouses has dominated the public perception in the Indian context. The courtroom design and the visual artistic elements present within these judicial places have very often been considered to be insignificant to the notions of law and justice that they reflect. As art and architecture present certain historical narratives, reflect political allegories and have significant impact on the perceptions of their viewers, they have critical socio-political ramifications. This makes it pertinent to explore them and investigate the paradox of their deployment and interpretation in today’s increasingly mediatized world. Through an ethnographic study of the Supreme Court of India, this paper interprets its art and architecture, and, the symbolism and semiotics reflected through them. Arguing against their neutrality and insignificance, the paper demonstrates how they reflect nationalism, certain ideologies and power-space dynamics. It further argues that they act as evidence of political metaphors related to justice, power and democracy. With a conversation between law, architecture and semiotics, the paper investigates the historical and spatial dimensions of its architecture and artistic elements. Mapping the Court’s architectural elements, I examine how the visual representation of ‘justice as virtue’ finds translation in its design through transfer of certain images, including the image of the ‘scales of justice’, into it, while absenting the notion of ‘justice as struggle’—to contemplate on how legal architecture gives evidence to the vexed relationship between law and justice and also of the break from the colonial past     

Technology dissemination programmes and extramural R&;D support in India

This article offers a brief overview of the programmes in place for the provision of financial support to entrepreneurs and R&D organizations for technology commercialization and dissemination in India. Financial assistance is provided under these programmes to the industrial enterprises and R&D organizations by the Government of India for undertaking the development of new technology based products. Technology financing under these programmes is provided in the form of: grants, loan, and/or equity with the aim to strengthen the linkages of R&D laboratories with industry, as well as for the production of technology based products for the domestic and global market. Extramural funding agencies of the central government departments such as DSIR & DBT are involved in mainly the provision of financial support for R&D.     

Effect of tourism on economic growth of Sri Lanka: accounting for capital per worker,exchange rate and structural breaks

We explore the nexus between tourism, exchange rate and economic growth in Sri Lanka over the period 1980–2014. Using the augmented Solow (Q J Econ 70(1):65–94, 1956) framework and the ARDL bounds procedure whilst accounting for structural breaks using Bai and Perron (J Appl Econ 18(1):1–22, 2003) multiple break tests, the short-run and long-run association and impacts are examined. The results confirm the presence of a long-run association between tourism receipts (% of GDP), exchange rate, capital per worker and output per worker. The regression results show a 1% increase in tourism receipts results in a 0.03 and 0.06% increase in output per worker in the short-run and long-run, respectively. A unidirectional causality is noted from tourism to output per worker; from exchange rate to output per worker and capital per worker; and from output to capital, in per worker terms. Finally, we note that although structural breaks periods have negative association with economic growth, they are not statistically significant.     

Enhanced Visualization of Latent Fingermarks on Rough Aluminum Surfaces Using Sequential Au and Zn/ZnS/ZnO Depositions

Detection and visualization of fingermarks on rough and diffuse surfaces is a relatively challenging task. We succeeded in developing latent fingermarks on scratched and rough aluminum surfaces by sequential deposition of a thin layer of gold followed by one of zinc or zinc‐based compounds on the fingermarks. The best image enhancement was achieved with sequential Au and ZnS depositions. Using this combination, we could enhance the visualization of latent fingermarks aged over 65 days in normal conditions. The optical reflectance from the fingermarks with the deposited layers of metal/dielectric is analyzed as a stratified medium. Significant contrast in the reflectance from the regions of the ridges and the valleys of the fingermark would enhance the visualization. Our results show that the Au and ZnS bi‐layer combination can have a large reflection contrast and improved fingermark visualization at wavelengths corresponding to the green light for specific thickness of ZnS.     

Forensic evaluation of occupational marks in establishing identity—A case report

The livings have responsibilities for the dead; and in particular, civilized societies recognize the need for identity both during life and at death, particularly in circumstances when an unknown body is summoned for medico-legal autopsy. There are numerous tools for identification of an unknown body which includes visual identification, fingerprints, medical prostheses, odontological techniques, DNA fingerprints and to include in the list is the occupational marks over the body sustained during the course of his or her profession. The medico-legal investigators should possess comprehensive knowledge of such occupational marks, which aid in identification. We are highlighting a case of rare entity, where a forensic evaluation of occupational marks was done to establish the identity of an unknown elderly male, who committed suicide by ligature hanging.