Browsing by Subject "Industrialization"
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Item Open Access Industrialisation and excess capacity in the registered manufacturing sector of West Bengal(University of North Bengal, 1994) Pal, Asit Kumar; Dasgupta, ManasItem Open Access The Pottery - A Cultural heritage in New Style: An Ethnographic Study in the Villages of North 24 Parganas, West Bengal(University of North Bengal, 2016) Ray, BedprakashThe pottery was originated in Neolithic period, present in recent time and will exist in future. The knowledge and skill of pot making is transmitted from generation to generation within the Kumors community. It is a craft distinctive of agrarian economy. Today pottery in India is fairly a large business with so many small and large scale industries making high class pottery all over the nation. In West Bengal, pottery is also one of the most popular crafts made by Kumors mainly found in the districts of Bankura, Murshidabad, Medinipur (both purba and paschim), Nadia and North 24 Parganas. But it is also a mentionable fact in rural West Bengal that many of the Kumor families are unable to cope up with the forces generated by globalization as well as industrialization and urbanization. Therefore, a large number of Kumor families have been giving up their traditional occupations and searching for some alternatives. On the other hand, those Kumor communities are coping with the forces generated by globalization, industrialization and urbanization have been earning huge amount of cash money. It has been happening in the villages Chaltaberia and Ramkrishnapalli where the Kumors are more interested to make globally demanded terracotta figurines and show pieces by giving new shape, size, decoration and colour instead of traditional style. So we can say that, the pottery, a cultural heritage has been changing its old style in various places of west Bengal. The pottery will may exist in new style in future. The traditional pots are requiring preserving for the future generation otherwise these may be extinct from the country. Therefore, the author did field work among the Kumors of above mentioned two villages for finding out the reasons of why and how the size, shape, decoration, colour and types of traditional pottery have been changed by the Kumors.Item Open Access The Impact of Carbon Price on Stock Market Returns: An Indian Experience(University of North Bengal, 2021) Sarkar, Joy; Das, RajThe rapid industrialisation is unquestionably considered as a key to achieve higher economic growth and development in modern civilization today. But, this in turn leads to higher carbon emissions and other GHGs. Ever since the Industrial Revolution; human – induced anthropogenic activities have resulted in huge emission of the GHGs due to which global warming has become a serious concern. Undoubtedly, higher industrial outputs add to the country’s growth but captivating profits at the cost of nature should not be continued. However, in 1997, with the emergence of the Kyoto Protocol, both developed and developing economies started to treat this matter seriously. Under this protocol the carbon credit system was established that imposed quotas on countries having more carbon emissions. Ever since then, the developing countries with less carbon emission generated carbon credits. This carbon credit can be traded actively in the international market at a certain market price to those developed economies with more carbon emission above the cap limit. This led to a rise in the carbon market to boost both the sustainable and environmental friendly practices among entities. Corporations that can reduce emission generate carbon credit, the right of which can be sold to entities that are emitting more CO2 and GHGs. Does this in any way affect corporate valuation and share price? This paper attempts to study the relationship between Carbon emission price and Indian stock market performance for a period covering FY 2008 to FY 2010. The research used simple regression analysis to test the relationship between dependent variables (BSE GREEENEX, BSE INDUSTRIALS, PCBL Ltd., Rain Industries and Reliance Industries) and independent variables (Carbon emission prices). This research is purely based on secondary data collected from websites, journals and other sources. This paper also tries to highlight the trends in the carbon market in India during the period of study.