i-manager's Journal on Economics & Commerce (JECOM)


Volume 3 Issue 2 May - August 2023

Research Paper

The Impact of Inflationary Condition on the Financial Growth and Sustainability of Tobacco Farmers in the Rural Areas

Hastings Kumwenda* , Albert Chipeta**
*-** Department of Commerce, DMI-St. John the Baptist University, Mangochi, Malawi.
Kumwenda, H., and Chipeta, A. (2023). The Impact of Inflationary Condition on the Financial Growth and Sustainability of Tobacco Farmers in the Rural Areas. i-manager’s Journal on Economics & Commerce, 3(2), 1-12. https://doi.org/10.26634/jecom.3.2.20085

Abstract

Rural tobacco farmers can face serious financial crises under the condition of constant price changes due to inflation. Inflationary conditions can also destabilize the financial plans of rural tobacco farmers. It was therefore the objective of this paper to assess the impact of inflationary conditions on the financial growth and sustainability of tobacco farmers in rural areas. A survey approach is applied in this research. Data was gathered through a primary source, and SPSS was applied to analyze the data, which was computed and presented in the form of charts and graphs. It was found that inflationary conditions have a significant negative impact on the financial growth and sustainability of tobacco farmers in rural areas. These include an increase in the price of farm inputs, low quantity and quality of tobacco, and a low price of tobacco on the auction floors. Thus, the study recommends that the government should reduce taxes, especially on the importation of agricultural materials, and the government should adopt proper strategies to hedge the risk of inflation, and, of course, farmers should work on the quality of tobacco.

Research Paper

A Study on Investors' Attitude towards Cryptocurrency Investment with Special Reference to Tamilnadu, India

Tamilselvan B.* , Vijay Karthigeyan K. T.**
*-** SRM Institute of Science and Technology, Kattankulathur, Chengalpattu, Tamil Nadu, India.
Tamilselvan, B., and Karthigeyan, K. T. V. (2023). A Study on Investors' Attitude towards Cryptocurrency Investment with Special Reference to Tamilnadu, India. i-manager’s Journal on Economics & Commerce, 3(2), 13-18. https://doi.org/10.26634/jecom.3.2.19905

Abstract

Cryptocurrency is an investment option for investors. It is a digital or virtual currency. Many cryptocurrencies are decentralized networks based on blockchain technology. The main benefits of cryptocurrency are faster money transfers, decentralized systems, and cost-effectiveness. Most investors are aware of and are showing more interest in investing in cryptocurrency. The aim of this study is to find out the association between demographic factors and investors attitudes towards investment in cryptocurrencies, then rank the various sources that investors use to make the investment decision on the basis of their preferences. This study has been conducted with the use of primary data collection with a structured questionnaire and also secondary data from internet sources. For this study, the target respondents are those who have bought cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Cardano, etc. This research is focused only on Tamil Nadu, a state in India. The collected data was analyzed by statistical tools and, based on the findings, measured the level of investors' attitude and preference of sources for investment decisions. This study gives awareness and suggestions to potential investors on how to play an effective role in cryptocurrency.

Research Paper

A Study on the Role of Women Entrepreneurs in Small Scale Industries in Kanyakumari District and their Problems with Special Reference to Age and Marital Status

Neelakantan Subramonian*
Magalir Micro Capital Private Limited, Tirunelveli, Tamil Nadu, India.
Subramonian, N. (2023). A Study on the Role of Women Entrepreneurs in Small Scale Industries in Kanyakumari District and their Problems with Special Reference to Age and Marital Status. i-manager’s Journal on Economics & Commerce, 3(2), 19-26. https://doi.org/10.26634/jecom.3.2.20031

Abstract

The primary objective of this paper is to examine the role of women entrepreneurs in small-scale industries. This study focuses on the challenges faced by women entrepreneurs in Kanyakumari district, Tamil Nadu, India. In this study, both secondary and primary data were used. The findings reveal that women entrepreneurs in Kanyakumari district are primarily in the age group of 36 to 45 years and 46 to 55 years, with a significant proportion having attained graduate or postgraduate education. Their annual earnings in small-scale industries range from Rs. 2, 00,001 to 4, 00,000, signifying their economic significance. The study also highlights that women entrepreneurs in the region often establish their smallscale industries in rural areas, emphasizing the role of entrepreneurship in promoting rural development. The most prevalent industries among women entrepreneurs include textiles, food processing, and agro-based industries. . In this study, snowball sampling technique has been used by the researcher. In this study, the researcher has selected 125 women entrepreneurs from small scale industries in Kanyakumari district. The small-scale industries located in Kanyakumari District have a very good future prospect. The factors which create a good future of the industry are the size of market, the nature and pattern of demand, customers' attitude and behaviour, economic conditions of individual customer, cost of manufacturing and marketing etc.

Research Paper

A Study on Performance of Selected Large Cap Mutual Funds in India

Geetha S.* , Athipathi Pandian**, Ram Kumar N.***, Ganesan Kanagaraj M.****
*-**** Department of Management Studies, SRM Valliammai Engineering College, Chennai, Tamil Nadu, India.
Geetha, S., Pandian, A., Kumar, N. R., and Kanagaraj, M. G. (2023). A Study on Performance of Selected Large Cap Mutual Funds in India. i-manager’s Journal on Economics & Commerce, 3(2), 27-35. https://doi.org/10.26634/jecom.3.2.19881

Abstract

Mutual funds are introduced in the Indian financial system with a view to providing comparatively safer investments at the doorstep of common investors. This study has tried to understand the performance of selected large-cap mutual funds in India. For study purposes, five large cap mutual funds have been selected. The secondary data has been considered for the performance analysis, and it was achieved by using various tools and techniques like Average return, Standard deviation, Beta, Sharpe ratio, Jensen ratio, and Treynor ratio. The findings show that SBI Bluechip Fund, Canara Robeco Bluechip Fund, and Kotak Bluechip Fund outperformed the other funds. A mutual fund is a scheme in which several people invest their money for a common financial cause. The collected money is invested in the capital market, and the money earned is divided based on the number of units they hold. The mutual fund industry started in India in a small way with the UTI Act, which created what was effectively a small savings division within the RBI. Over a period of 25 years, this grew fairly successfully and gave investors a good return, and therefore, in 1989, as the next logical step, public sector banks and financial institutions were allowed to float mutual funds, and their success emboldened the government to allow the private sector to foray into this area. The advantages of mutual funds are professional management, diversification, economies of scale, simplicity, and liquidity.

Research Paper

A Study on Financial Performance of Air India

Lakshmiprabha L.* , Thanga Baalaji Amuthan**
*-** Department of Management Studies, SRM Valliammai Engineering College, Kattankulathur, Tamil Nadu, India.
Lakshmiprabha, L., and Amuthan, T. B. (2023). A Study on Financial Performance of Air India. i-manager’s Journal on Economics & Commerce, 3(2), 36-42. https://doi.org/10.26634/jecom.3.2.19893

Abstract

This study focuses on the financial performance of Air India Limited and the objective of this study is to compare the current financial performance with the last five years and to study the existing financial position of the company. The data used in this study is secondary data from the annual report. The data used in this study, comparative balance sheet, common balance sheet and comparative balance sheet analysis, show that the current liabilities are higher than the current assets every year, and it is to be suggested that the company concentrates on increasing the level of the current assets to improve its financial position. The study of financial performance of the company has revealed a great deal about their various financial aspects over the past five years. The comparative analysis unlocks the overall financial performance of the company.

Research Paper

Impact of Digital India on Society during Demonetization

Murugan K.* , Sathvika M. V.**, Deepasri S.***
*-*** Department of Management Studies, Sri Sai Ram Engineering College, Chennai, Tamil Nadu, India.
Murugan, K., Sathvika, M. V., and Deepasri, S. (2023). Impact of Digital India on Society during Demonetization. i-manager’s Journal on Economics & Commerce, 3(2), 43-47. https://doi.org/10.26634/jecom.3.2.19888

Abstract

The term 'Digital India' refers to the transformation of India into a digitally empowered knowledge economy. It is an Indian government project to integrate government departments and the citizens of India. It strives to make government services available to citizens electronically by minimizing paper effort. It describes the program's various opportunities for the people of the country. Every country wants to be fully digitalized, and this initiative seeks to benefit both the user and the service provider equally. As a result, an attempt has been made to comprehend Digital India, in which technologies and connections would interact to affect all facets of governance, particularly during demonetization. The act of removing a currency unit's legal tender status is referred to as demonetization. The primary goal of this research is to determine the influence of digital India on demonetization. Also, to know if this has affected people's transactions and purchasing habits in India, The results indicate a significant association between annual incomes and price increases following demonetization. It also establishes a notable relationship between people's occupations and the shift toward a less-cash economy.