https://ir.vidyasagar.ac.in/jspui/handle/123456789/90 2026-04-25T23:56:55Z https://ir.vidyasagar.ac.in/jspui/handle/123456789/7777 Title: INFLUENCE OF GREEN FINANCE ON ENVIRONMENTAL SUSTAINABILITY: LESSONS FROM DEVELOPED TO DEVELOPING COUNTRIES Authors: Paul, Biswajit; Ghosh, Priyajit Kumar Abstract: During the era of globalization when human activities put excessive stress on the environment, an instrument like green finance is much required as it ensures flow of capital towards different sustainable development priorities. This study aims to examine the influence of green finance on environmental sustainability in both developed and developing countries by employing panel ARDL estimation techniques. Panel dataset of developed and developing countries from 1995 to 2021 are considered in this study. Further, this paper portrays a comparable picture of influence of green finance on environmental sustainability between developed and developing countries. The outcomes of panel ARDL estimation technique confirms a significant positive long-run influence of green finance on environmental sustainability in both developed and developing countries. But this this study observes a smaller but favorable influential effect of green finance on environmental sustainability in developing countries. Results of this study recommends policy makers of developing countries to put more focus on green finance at the timing of framing different policies so that we can minimize the pressure on mother nature arise due to economic activities and we can move faster towards the goal of sustainable development. Description: PP : 01-14 2024-10-14T00:00:00Z https://ir.vidyasagar.ac.in/jspui/handle/123456789/7776 Title: ANALYSIS OF ESG MUTUAL FUNDS IN INDIA – A NEW DIMENSION OF SUSTAINABLE INVESTING Authors: Basak, CMA Sandip; Sana, Ashish Kumar Abstract: Sustainable Investing (SI) refers to any investment approach integrating ESG factors into selecting and managing investments. One of the most significant instruments of SI is ESG Mutual Funds. Considering the gravity of ESG mutual funds as an effective medium of SI, this study analyzes the performance of ESG mutual funds in India. This study employs both exploratory and empirical methods to shed light on the present landscape of ESG Mutual Funds. A secondary dataset constructed based on individual mutual funds’ databases, reports provided by AMFI and NSE. SBIEF has the largest fund size among the reported funds, while QBSF has the smallest. The expense ratio is particularly high for INVF, AISF, ABSLF, and SBIEF. In contrast, MANF has the lowest expense ratio. QF is the best performer in up markets with high risk but excellent returns and strong downside protection. ICICIEF provides solid returns with the lowest risk, excelling in down markets. INVF and SBIEF offer balanced performance. Description: PP : 15-31 2024-10-14T00:00:00Z https://ir.vidyasagar.ac.in/jspui/handle/123456789/7775 Title: Factors Influencing Entrepreneurial Aspirations of Women Weavers in West Bengal’s Handloom Sector - A Pathway to Empowerment and Inclusive Development Authors: Mukherjee, Rupam Abstract: Motivation: The handloom sector, a custodian of India's rich cultural heritage, plays a pivotal role in driving economic prosperity. West Bengal, home to the nation's second-largest number of weaver households, stands out with women comprising 77% of its adult workforce in this sector. Their contributions transcend financial independence, empowering them to fulfil personal aspirations, command economic resources, and challenge patriarchal structures. This empowerment triggers societal shifts, paving the way for greater gender parity in rural India. Objectives: This study aims to examine how socio-economic factors shape women’s participation in the handloom sector, assess whether their involvement stems from opportunities or distress, identify and rank key challenges they face, and propose targeted policy measures to support their entrepreneurial aspirations, fostering empowerment and inclusive development. Research Methodology: The study surveyed 123 women weavers from Santipur (Nadia district) and Begampur & Dhaniakhali (Hooghly district). Snowball sampling guided participant selection, with insights collected via pre-tested, semi-structured questionnaires. Binary Logistic Regression was employed to analyze the influence of various socioeconomic factors on entrepreneurial aspirations, while the Garrett Ranking method identified and prioritized challenges faced by women in their entrepreneurial journeys. Major Findings: Education, income levels, family support, and specialized training emerged as significant enablers of entrepreneurial ambitions. However, barriers such as inadequate working capital, rising input costs, low wages, competition from power-loom products, and limited credit access persist, hindering progress. Policy Relevance: The study advocates for skill development programmes, enhanced market access through trade fairs and online platforms, and workshops to increase awareness of government schemes. Strengthening handloom cooperatives and introducing direct cash transfers for working capital needs are vital steps to bolster women’s empowerment and sustain the legacy of the handloom sector. Description: PP : 32-56 2024-10-14T00:00:00Z https://ir.vidyasagar.ac.in/jspui/handle/123456789/7774 Title: IMPACT OF FOREIGN DIRECT INVESTMENT ON ECONOMIC GROWTH OF INDIA: AN ANALYSIS OF SECTORAL AND REGIONAL ECONOMIC PROGRESS Authors: Boral, Brototi; Majumder, Rajarshi Abstract: The study aims to evaluate the impact of Foreign Direct Investment (FDI) on economic growth in India considering both sectoral and state level output using data from 2006 to 2021. Level of Gross Domestic Product (GDP), Sectoral Gross Value Added (SGVA) and Net State Domestic Product (NSDP) have been used as indicators of economic progress. While evaluating the impact of FDI on state level output, several control variables like availability of power, road and rail transportation, banking infrastructure, government expenditure and human capital have been used. Johansen cointegration result indicates no long run relation between FDI and GDP. However, FDI found to have a statistically significant positive impact on output of selected sectors and states. Description: PP : 57-70 2024-10-14T00:00:00Z