PERCEPTION OF EMPLOYEES ON TRADE UNIONS IN PROMOTING INDUSTRIAL RELATIONS

Title: PERCEPTION OF EMPLOYEES ON TRADE UNIONS IN PROMOTING INDUSTRIAL RELATIONS
Author: S. Palanikumar and Dr. S. Arumugasamy
Abstract:

A trade union is an organization consisting of employees, employers, or independent workers acting together to safeguard and advance their shared interests via collective bargaining. It is an organization dedicated to securing economic advantages for its members. It was created for several purposes. Individual workers deemed it more beneficial to unite and endeavour to set their working terms and conditions. They recognized that negotiating as individuals would provide the employer greater influence, as each individual has less significance than a collective in the operation of the enterprise. . Trade unions are regarded as fundamentally reforming organizations and economic institutions that were grounded on the Sarvodaya ideals of Truth, nonviolence, and Trusteeship. Trade unions are significant entities in the contemporary industrialized landscape. Trade unions adhere to three fundamental principles: Unity is strength, Equal remuneration for equivalent effort, and Employment security. In India, trade unions are intricately connected to industrial relations. . This paper is an attempt to analyze the perception of employees towards trade unions in promoting industrial relations in Tamil Nadu State Transport Corporation (TNSTC), Tirunelveli Division

Keywords: Trade Union, Collective bargaining, Security, Industrial relations
DOI: https://doi.org/10.38193/IJRCMS.2025.7205
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Date of Publication: 20-03-2025
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Published Vol & Issue: Volume 7 Issue 2 March-April 2025

DATA-DRIVEN DECISION-MAKING IN HUMAN RESOURCES: LEVERAGING ANALYTICS TO ENHANCE WORKFORCE PERFORMANCE AND BOOST PRODUCTIVITY

Title: DATA-DRIVEN DECISION-MAKING IN HUMAN RESOURCES: LEVERAGING ANALYTICS TO ENHANCE WORKFORCE PERFORMANCE AND BOOST PRODUCTIVITY
Author: Dr Radhakrishna Gowda V and Mr. Abhishek Suvarna
Abstract:

In the modern business landscape, human capital remains a critical driver of organizational success. Beyond technical skills, a motivated and well-managed workforce is essential for achieving sustained growth and innovation, particularly in the technology-driven environment. Human Resource (HR) analytics, also referred to as people analytics, has emerged as a transformative tool, enabling organizations to make data-driven decisions that optimize workforce performance, enhance productivity, and align HR practices with strategic objectives. This research investigates the impact of HR analytics on workforce management in the Information Technology (IT) sector of Karnataka, a region renowned for its burgeoning IT industry centered in Bengaluru. The study emphasizes how HR analytics can address challenges related to talent acquisition, skill shortages, employee retention, and productivity enhancement in this competitive sector. HR analytics leverages data analysis techniques to collect, analyze, and interpret workforce data, offering actionable insights for decision-making in areas such as recruitment, training, performance evaluation, and employee engagement. By integrating advanced metrics and predictive analytics, organizations can identify trends, forecast talent demands, and design interventions tailored to specific workforce needs. This research highlights the role of HR analytics in transforming HR from a traditional administrative function into a strategic partner that directly contributes to business outcomes. This study employs a descriptive research design to examine the relationship between HR analytics adoption and workforce performance in Karnataka’s IT sector. Data were collected through structured surveys administered to 204 employees across multiple IT firms, with a focus on understanding perceptions of HR analytics and its influence on productivity, engagement, and retention. The variables analyzed include HR analytics adoption, employee productivity, engagement levels, and turnover rates. Descriptive statistics and correlation analysis were employed to explore relationships among these variables, offering a comprehensive understanding of the transformative potential of HR analytics. The findings reveal that HR analytics significantly enhances organizational efficiency and productivity. By utilizing evidence-based decision-making, HR professionals can identify productivity drivers such as training effectiveness, employee engagement, and performance outcomes. Organizations that effectively implement HR analytics report improved hiring precision, targeted training programs, and proactive measures to address skill gaps. Moreover, HR analytics facilitates strategic alignment by linking HR initiatives to broader organizational goals, ensuring that workforce strategies contribute directly to business objectives. Enhanced employee engagement, reduced turnover, and improved job satisfaction are additional benefits, highlighting the multifaceted impact of HR analytics on organizational success. The IT sector in Karnataka, particularly in Bengaluru, faces unique challenges due to rapid technological advancements, high employee turnover, and intense competition for skilled talent. This study underscores the critical role of HR analytics in addressing these issues. By analyzing workforce data, organizations can proactively manage talent pipelines, design retention strategies, and foster a culture of continuous learning and development. The predictive capabilities of HR analytics further enable organizations to anticipate future workforce needs, mitigate risks, and remain competitive in an ever-evolving industry. Despite its numerous benefits, the adoption of HR analytics in India remains at a nascent stage. The study identifies barriers such as low awareness, inadequate training, and resistance to change among HR professionals. Addressing these challenges requires a concerted effort to enhance the competency of HR practitioners, invest in advanced analytics tools, and foster a data-driven culture within organizations. By overcoming these obstacles, companies can unlock the full potential of HR analytics and drive sustained growth and innovation. This research contributes to the growing body of knowledge on HR analytics by providing insights into its practical application and impact in the Indian IT sector. It highlights the strategic importance of integrating analytics into HR practices and underscores the need for organizations to embrace data-driven decision-making to achieve long-term success. The study also offers actionable recommendations for HR professionals and business leaders, emphasizing the importance of training, resource optimization, and continuous improvement in leveraging HR analytics for workforce management. By adopting these strategies, organizations can enhance employee productivity, improve organizational outcomes, and maintain a competitive edge in today’s dynamic business environment.

Keywords: Data-Driven Decision-Making; HR Analytics; Productivity Enhancement; Workforce Performance.
DOI: https://doi.org/10.38193/IJRCMS.2025.7204
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Date of Publication: 20-03-2025
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Published Vol & Issue: Volume 7 Issue 2 March-April 2025

LEGAL REGULATION OF CRYPTOCURRENCY

Title: LEGAL REGULATION OF CRYPTOCURRENCY
Author: Trach Roksolana
Abstract:

The article discusses the legal regulation of operations with cryptocurrency, which functions with the help of blockchain technology. It has been determined that blockchain technology will not only revolutionize financial spheres, but also has the potential to change approaches to data management, cybersecurity, logistics, medicine and other industries. Based on the principles of decentralization and security, it opens up new opportunities for optimizing business processes and ensuring transparency in other sectors of society.
Purpose. It consists in an in-depth study of the essence of cryptocurrencies through the analysis of international experience regarding their legal regulation. In addition, the work is aimed at the development of specific proposals and prospects for the further development of the legal regulation of cryptocurrencies in Ukraine.
Scientific novelty. It is noted that the development and expansion of the use of blockchain technology in Ukraine indicate a rapid process of adaptation to the digital age and define the country as a promising participant in the global innovation movement. It has been proven that outside of the financial sector, blockchain technology can serve as an effective tool for voting platforms and document and title management, which can contribute to improving the processes of democracy and administration.
It is noted that Ukraine, being a supporter of digital innovations, is already implementing blockchain in public spheres, such as SETAM and the state land cadastre. However, the main application of blockchain in Ukraine in the public sphere is currently the cryptocurrency market, which is currently regulated by the Law of Ukraine “On Virtual Assets”.
Methods and methodology. In the course of the research, such methods as analysis and synthesis, methods of historical and logical modeling were used. Theoretical approaches were also applied, in particular the method of formalization and the method “from abstract to concrete”.
Results. In the proposed article, special attention is paid to the analysis of aspects of the practical application of the legal mechanism of the cryptocurrency market.
Conclusions.  The national legislation on the regulation of the cryptocurrency market in Ukraine needs improvement. This may include implementing a taxation system for cryptocurrency and defining a clear legal status for this type of digital asset. It is also important to determine the algorithm of actions for transactions with cryptocurrencies and establish transparent rules for their regulation. The creation of dedicated regulatory bodies that specialize in digital currency matters could contribute to more effective oversight of the industry. These authorities may be responsible for advising users, issuing licenses and controlling processes related to the use of cryptocurrencies, including money laundering prevention.

Keywords: cryptocurrency, bitcoin, blockchain, legal regulation, cryptocurrency market
DOI: https://doi.org/10.38193/IJRCMS.2025.7203
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Date of Publication: 07-03-2025
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Published Vol & Issue: Volume 7 Issue 2 March-April 2025

CONSUMER PERCEPTION AND APP LOYALTY THROUGH PERSONALIZED PUSH NOTIFICATIONS

Title: CONSUMER PERCEPTION AND APP LOYALTY THROUGH PERSONALIZED PUSH NOTIFICATIONS
Author: Sruthiya V N and Aswani Sasikumar
Abstract:

Research explores the influence of personalized push notifications on perception and app loyalty in the context of online shopping. With the rise of digital marketing, personalized notifications have emerged as a critical tool for enhancing user engagement and driving purchase decisions. The consumers aged 18 to 25 were the subjects of the study and reveals that most of the participants receive personalized notifications, primarily from shopping apps like Amazon. Findings indicate that users perceive these notifications as highly relevant, positively influencing their shopping experiences. However, privacy concerns and the potential for misleading content pose significant challenges. The analysis shows a moderate positive relationship between personalized push notifications and app loyalty, suggesting that effective customization can enhance user satisfaction. No significant differences in perception were found across gender and occupation, indicating a collective awareness of the advantages and drawbacks of personalized marketing. Future research can be done to investigate the long-term effects of personalized notifications on app loyalty or preferred notification content and formats and assess consumer awareness regarding innovative marketing strategies. By addressing privacy concerns and optimizing notification strategies businesses can improve trust and enhance customer loyalty in an increasingly competitive digital world. Besides, understanding user preferences for notification frequency and content can further refine marketing strategies, ensuring that push notifications remain engaging rather than intrusive. By leveraging the information from consumers, marketers can create a more personalized experience that not only enhances revenue but also cultivates long-term loyalty and utility.

Keywords: App Loyalty, Digital Marketing, Perception, Personalised Push notifications
DOI: https://doi.org/10.38193/IJRCMS.2025.7202
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Date of Publication: 07-03-2025
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Published Vol & Issue: Volume 7 Issue 2 March-April 2025

STRATEGIC PLANNING OF PANCOT TOURISM VILLAGE, KALISORO, TAWANGMANGU, WITH THE CONCEPT OF SUSTAINABLE AND COMMUNITY-BASED TOURISM

Title: STRATEGIC PLANNING OF PANCOT TOURISM VILLAGE, KALISORO, TAWANGMANGU, WITH THE CONCEPT OF SUSTAINABLE AND COMMUNITY-BASED TOURISM
Author: Diana Martalia*, Fx. Damarjati and Ingrid Panjaitan
Abstract:

Introduction:
Today, environmental issues have become a global concern, particularly due to the looming threat of climate change. These issues are not just topics of discussion, but potential disruptors of various industries, including sustainable tourism. Post-pandemic, the most sought-after tourist destination in Indonesia was a sustainable tourism village, highlighting the significance of our research.
Methodology:
This research employs a unique blend of methodologies, combining a descriptive approach with the AHP method. The descriptive approach provides us with exposure, description, and exploration data, which are crucial for understanding the strategy arrangement criteria. The AHP method, on the other hand, allows us to analyze the descriptive data and generate recommendations for multi-criteria planning strategies.
Findings:
The analysis reveals that strategic planning for Pancot Hamlet is based on four comprehensive criteria and 13 alternative criteria. These criteria, which include tourism destinations, village communities as tourism developers’ human resources, tourism village management institutions, and tourism marketing, are each supported by 13 alternative strategies. This comprehensive approach ensures that all aspects of sustainable tourism development in Pancot Hamlet are thoroughly considered.
Conclusion:
The recommendations of this study for developing Pancot Hamlet into a tourist village are practical and actionable. They include determining the strategy for developing Pancot Hamlet into a tourist village, forming a tourism institutional organization in the form of Pokdarwis as a tourism destination management unit, engaging the surrounding community to participate in the development of a tourist village, and developing the image and positioning of Pancot Hamlet as a tourist village.

Keywords: Planning Strategy; Tourism Village; Sustainable Tourism; Community-Based Tourism; Tourism Potential
DOI: https://doi.org/10.38193/IJRCMS.2025.7201
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Date of Publication: 06-03-2025
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Published Vol & Issue: Volume 7 Issue 2 March-April 2025

BUSINESS PERFORMANCE OF PAYMENTS BANKS IN INDIA: AN ANALYTICAL STUDY

Title: BUSINESS PERFORMANCE OF PAYMENTS BANKS IN INDIA: AN ANALYTICAL STUDY
Author: Dr. Md. Aijaz Khan and Dr. Mehdi Bano
Abstract:

RBI is apex body of the banks in India and granted licenses to all types of banks to commence the operations. In 2015 RBI granted licenses to differentiated banks that consist of small finance banks and Payments banks. They are banking institutions that are providing specific services and products. These banks are special banks, or “banks of payments.” The aim of Payments Banks is to promote financial inclusion to serve small companies and low-income populations. So that every Indian citizen will have access to a global bank account to reach the nation’s unbanked populace, who reside in remote areas and villages. Objectives of this study is to study the conceptual frame work, product, services offering by Payments banks in India and financial performance of the banks.

Keywords: RBI, Differentiated Bank, Payment’s bank, Financial Inclusions.
DOI: https://doi.org/10.38193/IJRCMS.2025.7119
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Date of Publication: 06-03-2025
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Published Vol & Issue: Volume 7 Issue 1 Jan-Feb 2025

REVAMPING COMMERCE AND MANAGEMENT EDUCATION IN THE DIGITAL ERA: THE ROAD AHEAD

Title: REVAMPING COMMERCE AND MANAGEMENT EDUCATION IN THE DIGITAL ERA: THE ROAD AHEAD
Author: Dr. Lalit Sharma
Abstract:

According to the latest All-India Survey of Higher Education (AISHE) report 2024, India has the world’s second largest higher education system with over 58,000 higher education institutions. There are now 43.3 million students enrolled for higher education, up by nearly 2 million students in just one year. At UG level, 13 percent students have opted for Commerce and at PG level 14% of total number of students are presently pursuing Management courses. The digital era, characterized by rapid technological advancements and the pervasive influence of the internet, has significantly transformed various sectors, including Commerce and Management education. As businesses embrace digital transformation, the educational frameworks that prepare future professionals must evolve to keep pace. This article explores the roadmap for Commerce and Management education in the digital era, emphasizing the integration of digital tools, innovative teaching methodologies, and the importance of fostering a digital mindset among students.
In the contemporary landscape, Commerce and Management education face significant transformations driven by technological advancements, globalization, and evolving business models. This article provides insights into how educational institutions can adapt to the present era, ensuring students are well-prepared for the challenges and opportunities of the global marketplace. This paper seeks to address the future road map for Management education in India, highlighting the issues and Challenges ahead so that we can come out with valuable suggestions to make our country prosper by leaps and bounds.

Keywords: Cognitive Flexibility, Complex Problem-Solving Approach, Generation Alpha, Digital Tools, Gamification.
DOI: https://doi.org/10.38193/IJRCMS.2025.7118
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Date of Publication: 24-02-2025
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Published Vol & Issue: Volume 7 Issue 1 Jan-Feb 2025

DECOUPLING FROM CHINA: ASSESSING THE IMPACT OF WEST’S CHINA PLUS ONE POLICIES ON THE INDIAN ECONOMY

Title: DECOUPLING FROM CHINA: ASSESSING THE IMPACT OF WEST’S CHINA PLUS ONE POLICIES ON THE INDIAN ECONOMY
Author: Dr. Amaan Anjum
Abstract:

The China Plus One (C+1) strategy has emerged as a significant realignment in global supply chains as businesses seek to reduce their over dependence on China. This paper explores India’s role in this strategy by assessing economic, infrastructural, and policy developments aimed at attracting foreign investments. Through an extensive sector-wise evaluation, the study examines India’s competitive advantages, key obstacles, and the effectiveness of government initiatives such as the Production Linked Incentive (PLI) scheme and the Make in India program. Additionally, this paper compares India with alternative destinations like Vietnam, Mexico, and Indonesia to provide a broader understanding of global manufacturing shifts. The study also explores the economic impact of C+1 on India’s GDP, employment rates, trade balance, and industrial output. The paper concludes with strategic recommendations for India to strengthen its position as a leading global manufacturing hub.

Keywords: China Plus One, Supply Chain Diversification, India, Foreign Direct Investment, Trade Policy, Manufacturing Competitiveness, Economic Strategy, Industrial Development
DOI: https://doi.org/10.38193/IJRCMS.2025.7117
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Date of Publication: 24-02-2025
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Published Vol & Issue: Volume 7 Issue 1 Jan-Feb 2025

CONCEPTUAL VARIANCE ANALYSIS OF THE CHALLENGING FACTORS OF MARKETING MANAGEMENT

Title: CONCEPTUAL VARIANCE ANALYSIS OF THE CHALLENGING FACTORS OF MARKETING MANAGEMENT
Author: Dr. Bimal Sinha
Abstract:

The study briefly describes Marketing Management factors i.e. product, Promotion, distribution, price and profit which are engaged in the marketing practices in Cachar district of 96 unit under the study. Marketing has an important role to play in the growth and development of underdeveloped economy. A rapid development of an underdeveloped country is possible only through the modern techniques of marketing. Importance of marketing goes on increasing in these countries with every growth in industrialization and urbanization because marketing is a significant tool for producing the goods and services at large scale and for selling this production successfully in the market. Marketing is considered to be the most important activity of all the business activities. It has become a necessity for the successful operation of all other business sources. In recent years, the functions of marketing have undergone tremendous changes. It is being recognized as a profession based on a systematic part of knowledge. These changes have increased the liabilities of marketing managers these days.

Keywords: Product, Promotion, Distribution, Price and Profit.
DOI: https://doi.org/10.38193/IJRCMS.2025.7116
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Date of Publication: 24-02-2025
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Published Vol & Issue: Volume 7 Issue 1 Jan-Feb 2025

WHAT ATTRACTS THEM? A STUDY ON PREFERENCES OF TOURISTS IN KARNATAKA STATE SINCE THE PANDEMIC

Title: WHAT ATTRACTS THEM? A STUDY ON PREFERENCES OF TOURISTS IN KARNATAKA STATE SINCE THE PANDEMIC
Author: Sneha KS, Anjali krishna and Dr. K. Rajath
Abstract:

Perhaps no other industry was so badly affected as the Tourism industry due to the pandemic. The pandemic had spelled a doom on the tourism industry and people who are engaged in it. But thankfully the pandemic has ended now but we still feel its impact and influence even now. All governments recognize tourism is an important industry which contributes to the GDP of a nation. Every state government in India has recognized the importance of Tourism and so are promoting their respective states tourism in their own way. Many states have even brand names and terms like “God’s own Country” or” Incredible India”. But the Global Pandemic called Covid-19 has adversely affected the tourism industry. Tourism was directly affected as people have been forced to confine themselves to their homes as part of the Lockdowns imposed at various times. The World Tourism and Travel Council in a report on the future of the industry said the pandemic has shifted travelers’ focus to domestic trips or nature and outdoor destinations. Travel will largely be “kickstarted by the less risk averse travelers and early adopters, from adventure travelers and backpackers to surfers and mountain climbers,” the report says. In the end, the return of full-fledged tourism will likely hinge on what will be a deeply personal decision for many people as they weigh the risk of falling ill against the necessity of travel. This study is confined to the respondents from Bengaluru in Karnataka district. This study is also confined to the middle classes and the upper middle classes from the society of the region. The Indian tourism and hospitality industry have emerged as one of the key drivers of growth among the services sector in India.

Keywords: Tourism, Pandemic, Covid-19, Karnataka
DOI: https://doi.org/10.38193/IJRCMS.2025.7115
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Date of Publication: 24-02-2025
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Published Vol & Issue: Volume 7 Issue 1 Jan-Feb 2025