The paper analyses the real effect of the role of the IFCI (Industrial Finance Corporation of India) as a financial institution in Indian market. Here the whole data used for this case study is of secondary data. And this case study explains the need of the establishment of IFCI, how it is helping business and other sectors of our economy. The major findings in data form are the functions of IFCI and its promotional activities.
The research paper Provides the information about the financial help provide by the IFCI Industry wise which was 44169. 2 crores , product wise for last 5 years. And its financial performance for 2007-2008 and 2009-10 also studied. This research paper is a case study paper of IFCI. Introduction In, India various financial institutions were set up after independence only. The government of India has taken steps to set up institutions. Which assist various sectors of the economy…? At present the country has 12 institutions as the national level and 46 at the state level.
At the time of the independence there was need for the specialized institutes for the meeting the long term finance of industries. The capital market was not properly developed in India. After Second World War there was a need for renovation and restructuring of industry. Then the Government of India cam forward to set up the Industrial Finance corporation of India (IFCI) in July 1948 under a special Act. Since July 1, 1993 the corporation has been converted into a company and it has been given the status of a ltd.
Company with the name Industrial Finance corporations Of India Ltd. Objective of study:- •The basic objective of this paper is to find out the real contribution in data form of IFCI in the growth and development of our economy. •And the second one is to get that weather this rate of help to economy is increasing day by day or with which pace. •To find out the role of IFCI in Indian financial system. RESEARCH METHODOLOGY Research methodology is a way to systematically solve the research problem. It may be understood as a science of studying how research is done scientifically.
In it we study the various steps that are generally adopted by a researcher in studying his research problem along with logic behind him. Why a research study has been undertaken, how a research problem has been defined, in what way and why the hypothesis has been formulated, what data have been collected and what particular method has been adopted, why particular technique of analyzing data has been used. Data sources: – the sources of data are properly secondary data sources. Through magazines, business journals and literatures at is collected. Management of IFCI
The corporation has 13 members Board of Directors, including Chairman. The Chairman’s appointed by Government of India after consulting Industrial Development Bank of India. He works on a whole time basis and has tenure of 3 years. Out of the 12 directors, four are nominated by the IDBI, two by scheduled banks, two by co-operative banks and two by other financial institutions like insurance companies, investment trusts, etc. Abnormally nominates three outside persons as directors, who are experts in the fields of industry, labour and economics, the fourth nominee is the Central Manager of IDBI.
The Board meets once in a month. It frames policies by keeping in view the interests of industry, commerce and general public. The Board acts as per the instructions received from the government and IDBI. The Central Government reserves the power up to the Board and appoints a new one in its place. Financial resources of IFCI Share capital:- around 1068 crores capital is there with the IFCI •Bonds and Debentures: – a figure of Rs. 57. 69 crores 1971 and rose rs. 15366. 5 crores as on 31 march 2008 •Borrowings: – it borrows from government and IDBI and other financial institutions .
Borrowings were around 22866 crores including the investment of Rs. 3820. 3 crores. Priority Criterion for Investments IFCI plans its financing policies as per the priorities set by the government through industrial policy statement. The industries which are in high priority are given more importance. Following are the considerations which are taken in to account:- 1. Importance of the project for the national economy. 2. Employment oriented and labour- intensive nature of the project. 3. Export potential of the unit. 4. Projects located in the backward areas or “no industry districts” 5.
DB #4: Question 4
You have recently assumed the role of job analyst at a regional hospital located in NC and have been tasked with preparing job descriptions (including specifications) for everyone in the hospital’s care management department. The care coordination manager has scoffed at your request to complete the job analysis questionnaire you developed. She laughed, said she didn’t have time for such nonsense, and walked away. Explain how you would handle this situation. What information/arguments might you use to persuade her to change her mind? If you are unable to convince her to change her mind, how would you collect the job analysis information needed to develop the position’s job description?
For this discussion board, you must post an original answer (300 words) and at least two replies to classmates (200 words).
(1) The timeliness of your discussion posts matter! (2) The quality of your original answer matters! and (3) The quality of your replies to your classmates matter!
I am not able to access the two student responses you will be typing (2) 200 word responses to until I receive the initial 300 word post to the prompt provided above.
Watch this video before starting the assignment:
useranme: smithsa18
pass: $avannahS1
See attached grading rubric