Do Emerging Economies Matter for World Oil Prices?
Empirically found the evidence that emerging economies matter in the determination of world oil prices. Analyzed individual as well as collective impact of emerging economies namely India, China, Brazil and Russia. Found that the quantity of imported crude oil by emerging economies is a significant factor determining world oil prices. Studied the factors which determine the demand of crude oil in all the above mentioned countries. In general, these factors are urbanization, share of GNI growth rate and population growth rate. I found that the oil import decreases with the increase in urban density due to mass transportation and other factors.
Effects of Free Trade Agreements on International Trade Flows
Estimated the effect of free trade agreements on international trade flows of India using gravity model. Statistically examined the effects of common languages, common border, distance between two countries and GDPs of the trading countries on the international trade flows. Effect of GDP of partner countries are significant and positively related to trade flows of India. Distance between partner countries influences the trade flow significantly but is negatively related. No significant impact of other parameters on trade flow was found.
Attendance Issue of the IITK Students: Discrete Choice Analysis
Analyzed the effect of several factors (gender, year at IITK, CPI, effectiveness of teaching, family background, etc) affecting the students' attendance at IIT Kanpur through a survey by using Ordered Logit model. Girls and junior students are more likely to attend classes. Students who failed in any course are more likely to attend classes than students who have not. Factors like effectiveness of teaching and educated parents are positively related to the attendance. Years at IITK, CPI, time spent on internet and being in a relationship are inversely related to the attendance.
A Study of Kisaan Hit Yojna (A Scheme by U.P. Government)
Evaluated Kisaan Hit Yojna in a village called Tikwapur, Kanpur by using Social Benefit - Cost Analysis. Conducted a detailed field survey and suggested improvements for the betterment of the farmers. Social Benefit - Cost Ratio was equal to 3.15 and Commercial Benefit - Cost Ratio was 2.35, hence it was concluded that the scheme was a success in social as well as commercial terms. Suggested improvement of electricity, distribution of insecticides and fencing of fields for further betterment of farmers.
Effects of Corruption and Political Stability on FDI Flows
Estimated the effects of corruption and political stability on FDI inflows of India by using OLS method. Also examined the effect of GDP, distance between countries and Trade Agreements on FDI inflows. GDP of partner countries and being in trade agreements positively and significantly affect the FDI inflows. Effect of corruption is significant and negatively related to FDI inflows. No significant impact of distance between partner countries and political stability was found.
Economic Analysis of Road Accidents Caused by Rash Driving on NH34
Carried out real life case studies of three different road accident cases. Collected data regarding road accident cases and their victims from several police stations. Interviewed various police officers including SP(traffic), victims and lawyers for the analysis of cases. Studied Motor Vehicle Act and other Indian laws dealing with road accidents and their amendments to understand the economic rationale behind these laws. Analyzed economic principles followed by courts in their judgement of different cases. Understood the procedure followed for calculation of compensation by Indian Courts.
Analyzed the major exports and imports between India and China and the change in the exports and imports over time. Calculated the Revealed Comparative Advantage (RCA) index for different commodities for both the countries from 2005-2008. Analyzed the scope of economic integration between both the countries. China has comparative advantage in manufacturing sector and India has comparative advantage in service sector.
Pollution Haven Hypothesis : Review of Theory and Issues
Studied the effects of trade on environment and Environmental Kuznet Curves. Analyzed the empirical evidences for Pollution Haven Hypothesis. Analyzed the effect of pollution haven hypothesis by comparative analysis across three countries - Malaysia, Mexico and India.
Studied the need of telecom regulations in India. Also studied development stages of telecom regulations and regulatory bodies in India. Analyzed several clauses of telecom regulations in India and carried a cross - country analysis for India and China.
A Study of Indian Railways : In Context of Marketing of Services
Analyzed the customer purchase decision process, level of competition & profile of competitors, target market strategy, management of demand and capacity for Indian Railways. Analyzed 7 Ps of service marketing for Indian Railways. Calculated Service Quality Gap scores by conducting a detailed SERVQUAL survey. Suggested that the service quality dimension of Indian Railways needs to be improved. Figured out bottlenecks in context of marketing of services of Indian Railways by designing blueprint of entire service delivery process. Recommended that the Indian Railways should improve the qualities of all the dimensions, but reliability and tangibles require more focus. Found Service Quality Gap scores for reliability and tangibles equal to 3.25 and 2.75 respectively out of 7 and these gap scores were higher than other three gap scores. Analyzed the product offerings, ticket pricing and promotional strategies of Indian Railways in detail.
Proposed a business plan to start a company of female apparels called 21 Fashion Express. Analyzed the level of competition in the market, target groups, customer profiles and location of the stores. Planned operational, organizational, manufacturing, product development, marketing and financial strategies.
Dissatisfaction of Students about Health Centre, IIT Kanpur
Analyzed the reasons and factors causing dissatisfaction of students about health centre, IITK by a survey amongst students, doctors and health centre staffs. Studied the behavior of students, doctors and health centre staffs and suggested remedial measures. Only 10% students were satisfied from health centre and 81.25% blamed doctors for not examining properly. Doctors were giving same kind of medicines in almost all the cases. Proper monitoring and installation of proper feedback mechanisms were suggested.
India and China not only have been sharing common borders with each other but also have a long history together. Apart from being neighbors, they are most commonly known for being ranked as world's top two most populous countries of the world. They currently have population greater than 1 billion each. They also have several aspects in common, for instance, both their GDP growth rates are larger in the world with China having an average of 9% and India with 7% annual growth rate. Moreover, both the economies could well sustain themselves at the time of recession. With all these similarities, there are several differences which are potentially significant in terms of demography.
Crime is a violation of norms which are formally enacted into the criminal law. In very simple sense, crime is the breaking of rules or laws. It affects our society adversely. Some sociologists argue that it is shaped by the society and some argue that certain criminals are born with criminal tendencies. Crime could be a result of a quick way to make money, to fulfill desires, to take revenge or just to display power. In today's world, ethics and morals are valued lesser than money. The law falls apart in the presence of corruption, money and power.
Perception of Common People about Poverty in India
Poverty is one of the biggest problems that our society is facing today. It affects individuals as well as the entire nation. Everyone gets affected by poverty irrespective of their age, sex, religion or cast and everyone attaches their own meaning to it according to their socio-economic status. According to the data provided by the World Bank, India is said to have 33% of the total poor population of the world. According to the Planning Commission of India, 37% of India's population lives below poverty line.
Created a Musical Taal Generator, which produces rhythm due to synchronized beating of the sounding pipes through hitters attached to the rotating discs. Gained hands on experience of all the major manufacturing processes; casting, welding, swaging, grinding, sheet metal forming, turning, milling, drilling and tapping. Estimated the cost of machine including the cost of material, skilled labour, unskilled labour and electricity.
Individually planned the entire framework, managed and executed all the proceedings of the project successfully. Studied the entire Administrative structure of a government organization and their assigned functions. Identified gaps between expected and delivered quality of administration and factors causing inefficiency of the system. Identified the key problems in the functioning of Anganwadi Centers in Munger district and recommended the improvements for better functioning. Suggested various ways and means to enhance the efficiency and to tackle the shortcomings of the project. Analyzed the socio-economic status of Anganwadi Workers by collecting data from several interviews conducted on different Anganwadi Centers and further suggested required measures to uplift their status. Selected as one of the best interns and the internship report was published on official website of ICDS Bihar.