Journal Press India^®

Welcome readers!

Amidst major global shifts and conflicts, we must not lose sight of our own economy. Research is a continuous process. And I am glad that our researchers have been continuing to provide valuable contributions on a range of topics every time. The themes range from Fiscal Policy, Exchange Rate, Digital Divide, e-Governance, Economic Justice, Migration, FDI and Supply Chains.

Narasimha Murthy Kamakula, draws our attention to “Fiscal Policy and Income Inequality in India: Strategies for Inclusive Growth”. Perusing Empirical data from 1950 to 2024, the study underscores the continued concentration of wealth among the top 10% of the population, driven in part by tax avoidance and the informal economy. Case studies of Kerala, Tamil Nadu, and Maharashtra illustrate varied outcomes of redistributive efforts. The analysis concludes that while fiscal measures have contributed to poverty reduction, deeper structural reforms are necessary to address entrenched economic inequality.

The relationship between Inflation, Exchange Rate, Oil Prices and GDP is explored by Neeraj Emmanuel Eusebius. This study investigates the impact of key macroeconomic variables—exchange rate, crude oil prices, and gross domestic product (GDP)—on the inflation rate in India over the period from 1987 to 2023, with a decade-long forecast to assess future trends. Employing the Vector Error Correction Model (VECM), the research identifies significant long-run and short-run relationships among these variables.

While digital technologies have the potential to create enormous benefits for individuals and society, the reality is that not everyone has equal access to these technologies. The digital divide, or the gap between those who have access to digital technologies and those who do not, has become a critical social and economic issue. The author Anil identifies the factors responsible for said digital divide through this empirical study.

Shruti Sharma and Devinder Sharma study how socioeconomic factors affect financial literacy and decision-making among Himachal Pradesh’s salaried women. The research uses secondary data from national surveys, government reports, and scholarly articles to examine critical factors such as income, education, employment type, rural-urban disparity, and family dynamics.

Vaishali Chhabra, Umang Bhutani and Suman Makkar investigates the impact of the Electronic Government Development Index (EGDI) on Foreign Direct Investment (FDI) and Economic Growth (GDP at current price) in India over the period 2003-2023.

Ethics and Economic Justice: A Philosophical Inquiry into the Moral Foundations of Wealth Distribution by Atul Ghadge explores how residents of Navi Mumbai perceive fairness in economic life. Based on a survey of 224 individuals across income groups, it examines how people relate everyday financial experiences to justice and moral responsibility.

Megha Mittal, Ayushi Chauhan and Radhika Gupta are the authors of “From Expectations to Realities: Understanding the Satisfaction Level among the Low-Income Migrants in Delhi.” This study aims to understand the various factors which influence low-income migrant families to shift from their initial place of residence, and it also tries to capture the expectations they had from the city and the degree to which those have been met in the context of Delhi.

Identifying Key Factors Influencing FDI Inflows: A Perception-based Study among Academicians by Preeti Saluja reads into risk assessment of FDI. On analysing the responses using exploratory factor analysis, six key underlying constructs were uncovered: potential benefits, potential risks, potential social impact, potential economic impact, potential environmental impact, and potential to attract FDI. These latent factors reflect a comprehensive and multidimensional understanding of FDI that extends beyond what is typically captured through purely economic indicators. The findings offer valuable managerial implications, suggesting that FDI policies and strategies should be evaluated not only on economic grounds but also through their broader societal, environmental, and risk-related dimensions.

Finally, the paper by Modish Kumar, Dinesh Kumar Sharma, Prashant Gupta, and Prashant Sharma looks at potato cultivation and marketing. This study offers new insights to academician and policymakers working to improve accessibility and optimize resource allocation in potato farming. Policymakers, agribusiness stakeholders, and rural development practitioners can use the findings to construct potato value chain interventions that improve efficiency, equity, and sustainability.

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Editor-in-chief
Prof. K. V. Bhanu Murthy