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Validity of Dividend Policy Models in the Indian Hotel Industry- A Panel Data Approach

Sumninder Kaur Bawa, Prabhjot Kaur

Volume 33, Issue 1 (April 2012 to September 2012)

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Determinants of Leverage Decision of Indian Firms: An Empirical study

Asha Rani, Narain, Swati Dhawan

Volume 37, Issue 1 (April 2016 to September 2016)

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Capital Market in a New Phase- Implications of Budget and Bank-rate Cut Analysed

Braj Kishor

Volume 1, Issue 1 (January 1968 to June 1968)

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Trends and Policies of FDI Inflows in Indian States

K.V. Bhanumurthy, Manoj Kumar Sinha

Volume 33, Issue 2 (October 2012 to March 2013)

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Short-Term Impact of M&A on Shareholders' Returns: A Study of Corporate Acquirer Firms in India

Anshu Aggarwal, P.K. Jain, Sushil

Volume 35, Issue 1 (April 2014 to September 2014)

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Productivity of the Nigerian Tax System: 1980-2010

J.O. Anyaduba

Volume 34, Issue 2 (October 2013 to March 2014)

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Consumer Response to Retail Stockouts and Antecedents Thereof: A Conceptual Framework

Sanjay K. Jain, Shruti Mathur

Volume 32, Issue 2 (October 2011 to March 2012)

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Cross Listing and Value Creation: Evidence from India

Divya Mehta, C.P. Gupta

Volume 36, Issue 2 (October 2015 to March 2016)

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Germanys' Social Market Economy: Theory and Practice

Konrad Seitz

Volume 2, Issue 3 (September 1969 to December 1969)

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Is Diversification Enough? Lessons from the Agrarian Past of Bihar

Rakesh Ranjan

Volume 42, Issue 1 (January 2021 to June 2021)

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The lack of sustained growth in agricultural output and deepening of paddy-wheat cultivation cycle over many decades have given impetus to policy prescription towards crop diversification in Bihar. The recent rise in area under fruits and vegetables as well as sugarcane has encouraged those who are observing the state's prospects closely. This essay asks for abundant caution while acknowledging the need and benefits of crop diversification. It explores the colonial agrarian history of Bihar to find similar trends towards crop diversification that did not bring any improvement in the economic conditions of the cultivators involved. The past pattern suggests that the nature of land, labour, credit and produce market was such that it exploited Bihar peasantry to the benefits of those who controlled these crucial inputs as well as channels of international trade. This has important lessons for the policy makers when the path of crop diversification is taken. If the government is serious about increasing crop diversity to boost agricultural growth and incomes of cultivators, then the choice of the cultivators has to be tilted by institutional means.