1. CLUSTER DYNAMICS: A CASE STUDY OF LOCK, POTTERY AND GLASSWARE INDUSTRY OF NORTHERN INDIA
Authors: Dr. RATNA VADRA
Abstract
Aligarh's lock industry, Khurja's pottery industry, and Firozabad's glassware and bangles industry are all in India's northern state of Uttar Pradesh. In their different towns and cities, these industries established clusters. The study examined the theoretical contexts in which these industries arose and grew, as well as the competitive advantages that aided their establishment and growth. The Michael Porter diamond model is used to assess the clusters' success. A critical examination was conducted to determine the current state of the respective industries, as well as the causes for their poor performance in recent years.
Keywords: Industry Cluster, Small Business, Competitive Advantage of India.
2. FINANCIAL INNOVATIONS FOR DISASTER RISK REDUCTION AND MANAGEMENT
Authors: Dr. G.V.K. KASTHURI1, Dr. V. GOWRI LAKSHMI2 and Dr. M. PURUSHOTHAM NAIDU3
Abstract
This paper talks about the various Financial Innovations for the Disaster Risk Reduction or Management. Disaster Risk can be predicted, estimated or sometimes not even imagined sometimes. But, the tools for risk management are many to mitigate or manage such predicted risks are many. In this article, among the various Risk Management techniques, only financial instruments which are innovative financial tools are discussed. It is also recommended about some modifications in the existing policies regarding disaster risk management with special reference to reinsurance.
Keywords: Disaster Risk Management, Reinsurance, Financial Innovations.