SOUTH INDIA JOURNAL OF SOCIAL SCIENCES
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Relationship Between the Cryptocurrency Market and Stock Market
Get PDFIn recent times, cryptocurrency has created a powerful place in the financial system. The crypto market is relatively new and innovative in comparison to the traditional financial markets. However, the escalation in the price of cryptocurrency is astonishing. The market of cryptocurrency is also famous of high levels of volatility. This risk might also affect the sentiments of investors investing in the stock market. Hence, it becomes imperative to understand if there is any connectedness between the markets. This study seeks to examine if there is volatility spillover from cryptocurrency market to the stock market, and vice versa. We work with two cryptocurrencies- Bitcoin and Ethereum, and the Sensex represents the performance of the Indian Stock Market. We conclude that markets are not cointegrated. Also, there is no causal relationship between the markets. We do not find volatility spillovers between cryptocurrency and stock market. Hence, investors can choose to invest in equity or crypto currencies based on their risk preferences, without the fear of risk in one market affecting the other
Enduring Margins: A Socio-Economic Analysis of Sewage Workers in Delhi-NCR
Get PDFSewage workers, primarily from marginalised Dalit communities, play a crucial role in urban sanitation by managing sewers, drains, and septic tanks under hazardous conditions. Despite ongoing modernisation efforts, many of these workers continue to engage in this dangerous occupation. This study investigates the socioeconomic conditions of sewage workers in the Delhi-NCR region, highlighting their persistent marginalisation. These workers face economic exploitation, unsafe working environments, and limited educational opportunities for their children, which exacerbates the intersection of caste and class and contributes to poverty, exclusion, and stigma. Employing a mixed-method approach, the study included semi-structured interviews and field observations with 45 sewage workers, identified through snowball and purposive sampling. This research gathered quantitative data and qualitative insights, including experiences of caste discrimination. The findings reveal dire socioeconomic conditions, low wages, inadequate access to healthcare, and systemic discrimination. The study concludes that without effective policies aimed at addressing caste discrimination and changing societal mindsets, the marginalisation of sewage workers will continue, perpetuating poverty and exploitation in Delhi-NCR
Constraints and Prospects to Livelihood Diversification in Kohima and Phek Districts of Nagaland, India: Analysis using Response Priority Index
Get PDFLivelihood diversification remains an important strategy that is adopted by individuals/households all over the world, which affirms that a household can escape poverty and enhance its well-being. In rural areas, livelihood is highly erratic and risk-veiled due to the differences in socio-economic, demographic, and geographical conditions, which generate distinct constraints to livelihood diversification. Therefore, it is crucial to understand the fundamental constraints of livelihood diversification to identify the challenges of rural development and interceding to elevate the people's livelihood. This paper explores some of the main constraints and the prospect for diversification by recording their priority for each constraint. The study was conducted in Nagaland, constituting 663 households randomly selected as the sampled households from four villages of Kohima district and four villages of Phek district. The study revealed that the significant constraints in the study area were lack of proper guidance and education, lack of family labor, health conditions, old age, lack of proper marketing facilities, credit and time constraints, and non-availability of land. Thus, concerned stakeholders should pay close attention to these issues and play a facilitator’s role in promoting investment and better outreach training programs to ensure a secure and sustainable livelihood
Cultural Continuity and Change: Analysing the Socio-Cultural and Historical Significance of Uttarakhand's Fairs in the Age of Globalisation
Get PDFThe state of Uttarakhand is renowned for its distinctive cultures and varying beliefs. Various fairs and festivals are celebrated throughout the year in the Garhwal and Kumaon regions of the state, such as Uttaraini mela, Devidhura mela, Maun mela, Vishu mela, Jauljibi mela, Gauchar mela, Nanda Devi fair. These fairs hold religious, socio-cultural, and economic significance in people's lives. These fairs and the festivities associated with them are related to the land, soil, crop harvesting, and changes in the seasons. They are considered auspicious by the people and serve various purposes for the people who come from distant places to visit them. These fairs are important trading centers as people come to sell their products in these fairs. Also, many folk songs and dances are alive today because these fairs are essential centers for social gatherings. This paper's study area is the Garhwal and Kumaon regions of Uttarakhand. The paper discusses the historical background of some of these fairs and their socio-cultural and economic importance. It also discusses the impact of modernization and globalization on these fairs and the efforts that can be made toward their preservation
Fear of Missing Out: A Catalyst for Investment Choices
Get PDF‘Fear of Missing Out’ is feeling of anxiety that arises when someone thinks they are missing out on events, information, experiences, this gives a significant implication in financial markets, particularly in shaping investor behavior and decision-making. This study explores how FOMO influences individual investors to make impulsive & often irrational investment decisions, influenced by the anxiety of missing out on future gains and also examines various factors contributing to FOMO. Further study discusses the role of digital platforms and social media in amplifying FOMO, leading to more frequent and emotionally driven trading behaviours. Understanding the mechanisms of FOMO and its effect on financial decision-making is vital for developing strategies to mitigate its adverse effects, promoting more rational and disciplined investment practices. The study adopted survey technique taking data from 204 individual investors from Delhi NCR using google forms. The research provides insights into the behavioral finance field, emphasizing the need for investor education & behavioral interventions to manage FOMO and enhance market stability
Evaluating Public Financial Management Reforms and Their Impact on Development Budget Execution in Afghanistan
Get PDFThis paper examines the impact of public financial management (PFM) reforms on executing Afghanistan’s development budget. The key reforms analyzed include the AFMIS, TSA, MTBF, PBB, Public Investment Management Framework (PIMF), budget decentralization, centralized reporting systems, development budget framework, procurement process reforms, and cash management practices reform. The study is grounded in principal-agent, New Public Management (NPM), and institutional theory and employed an ex post facto descriptive, mixed-methods research design. The findings reveal a statistically positive relationship between PFM reforms and the development budget execution rate. Nonetheless, major challenges such as political and security instability, limited institutional capacity, and corruption hinder progress. Low execution rates of the development budget are further affected by line ministries' limited absorption capacity, delayed donor disbursements, and overly optimistic budget projections. The study emphasizes the need for capacity building, improved coordination, and stronger oversight mechanisms to achieve PFM reform objectives, such as fiscal discipline, efficient resource allocation, and enhanced service delivery.
Who Uses Public Healthcare in India? Insights From NSS 75th Round
Get PDFIndian healthcare comprises of both public and private healthcare providers. This study explores the patterns of utilisation of government hospitals across Indian states and examines the underlying reasons for not utilising by drawing the data from 75th round of National Sample Survey (2017-18). Despite the availability of the free and subsidised services, the utilisation of government health facility is merely 30 percent of the population who seeks medical care, with higher usage in rural area. The concentration index reveals that public healthcare is utilised more by the poor and the inequality in utilisation is lower in the states with the strong public health system. The findings reveal that even though the utilisation of government health facility is higher for the poor, people across the income group, there is higher preference for non-government health facilities. Key reason cited for not utilising government health facilities include unsatisfactory low quality of services, long waiting time, issue of accessibility and preference for the trusted doctor/hospital. While the social and economically backward groups are more likely to use government health facilities, the preference for the non-government healthcare remains strong across the population. These findings suggest to invest more on government healthcare; and highlights the need to improve the infrastructure and service delivery in public healthcare
Barter and Hierarchy: A Heuristic-Practical Analysis of Food, Society, and Knowledge in the Inca Empire
Get PDFThe Inca Empire developed a sophisticated food production system, social organisation, and knowledge transmission without relying on currency or writing. In this article, which examines the Inca model through a heuristic and practical lens, we introduce the concept of a barter economy based on hierarchical cooperation. Drawing on ethnohistorical accounts and modern scholarship, we explore how the Incas produced abundant food across diverse ecological zones, mobilised labour through kin-based and state institutions, and transmitted knowledge via embodied practice and quipu record-keeping. We argue that the Inca case represents a distinctive mode of complex organisation that challenges modern assumptions about money, markets, and written bureaucracy as prerequisites for large-scale administration. This heuristic-practical paradigm of Inca statecraft highlights the interplay of food security, social cohesion, and knowledge in empire-building. This study concludes by discussing the implications of the Inca model for understanding pre-modern economies and draws parallels to broader non-market systems in history
Impact of Emotional Intelligence on The Creativity of Female Students In Secondary Schools
Get PDFEmotional Intelligence is the ability to understand the emotion of self as well as being empathetic towards the feelings of the people around us. A person who has the right balance of Brain and emotions can be called as Emotionally Intelligent.
Women of the society are called the marginalized group because they have been considered of less importance and often ignored in decision-making process. The women of rural India have little access to good quality education or job opportunities due to patriarchal mind set of the society. With the onset of 21st century, the tables have been turning slowly and steadily, it is being seen that women if given proper opportunity are excelling in various fields of the society.
Secondary education is the phase in the education continuum responsible for the development of the young during their adolescence, the most rapid phase of their physical, mental and emotional growth. Emotional intelligence and creativity are main parts of human behavior and these help the individual in making their lives successful. A creative individual looks at thinks with different view point and emotional intelligence may act as a moderator in the effect of cognitive skill on academic performance.
The present study is an attempt to examine the relationship between Emotional Intelligence and creativity of female students of secondary schools with particular emphasis on the impact of Emotional Intelligence on creativity of the female students
Walking The Tightrope: A Narrative Review of Work-Family Conflict and Balance Among Working Women
Get PDFWorking women adopt multiple roles such as that of an employee or entrepreneur, a wife, mother and daughter-in-law. Due to their role responsibilities they encounter multiple challenges in balancing work and family life. This can result in outcomes such as fatigue, stress and poor health. A narrative review was therefore conducted to examine in-depth, specific factors that challenged and facilitated work-family integration for working women in the Indian context. Through a multidisciplinary approach, studies from various disciplines were selected. These disciplines included sociology, economics, management, psychology, public health and commerce. The review identified various challenging and facilitating factors which were work-related, family-related and related to one’s personal or psychological characteristics. The review also identified themes relating to the nature of work-family integration among women in the Indian context. The themes are discussed in the context of previous studies and theories in the literature. The study bears important implications for future research in women’s work and family integration.