ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Pranab Kumar DasSubscribe to Pranab Kumar Das

Socio-economic Status of Muslims in West Bengal

Notwithstanding methodological differences, the findings of successive reports on the socio-economic conditions of Muslims in West Bengal show a significant improvement of the community in the state. Muslim majority districts such as Murshidabad and Malda show better performance of some socio-economic indicators like literacy and employment in government jobs than the non-Muslim population among the surveys.

Are Listed Indian Firms Finance Constrained?

We formulate a simultaneous equations model and with the data of a panel of 600 Indian firms for the period 1991-92 to 1997-98 test the hypothesis of finance constraint. The firms are classified by the dividend pay-out ratio into high-cost and low-cost groups; a high dividend pay-out ratio implies a low cost of information faced by the firms and vice versa. In the context of developed countries, earlier researchers found that the firms in the high-cost group shows evidence of finance constraints and severity of the constraint goes down with the decrease in the cost of information. In our study we found that the firms with medium dividend pay-out ratios are constrained in the loans market so far as investment in fixed capital is concerned. This is quite a surprising result that requires careful explanation.

Bank Credit, Output and Bank Deposits in West Bengal and Selected States

West Bengal and Selected States Pranab Kumar Das Pradip Maiti The purpose of this paper is three-fold. First, it analyses the movement of credit-deposit ratios of commercial banks in West Bengal from 1972-73 to 1993-94 and compares these ratios with those for a few selected states. Second, the authors examine to what extent credit advanced by banks has helped economic growth in the state, considering once again the comparable situation in some other states. Finally, the influence of income originating in a state on deposit mobilisation there is explored.
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