Avik Ghosh (Ph.D. Scholar, CMA, B.E., FMVA, CBCA)
Assistant General Manager- Reserve Bank of India,
IIT Kanpur, ICWAI, Jadavpur University, IIIT Banagalore
Central Banker and a Passionate Researcher
RESEARCH PUBLICATIONS
My Academic Contributions
February 2022- The Management Accountant
REMINISCING THE EXPEDITION TOWARDS SWACHH BHARAT - A MISSION WITH A CONVICTION OF ALL ‘SWACHHAGRAHIS’
Before the program was launched, 60 percent of the global toiletless population defecating in the open were Indians. With a focused execution roadmap and a well-demarcated responsibility, the mission accomplished its macro and micro targets overwhelmingly. To maintain the feeling of cleaner India, the sense of ownership amongst fellow citizens is of pivotal importance, and to achieve it, unity with resilience is a must. The consolidated effort with a practicable conviction of the Swachhagrahis seems to make the program a benchmark for all the developing nations. (https://icmai.in/upload/Institute/Journal/TMA_Feb_2022.pdf)
July 2021- Research Bulletin, Vol 47, The Institute of Cost Accountants of India
Analysis of Energy Substitution vis-a-vis Security Policy Trade-off with the Emissions Embodied in Bilateral Trade: An Index Decomposition Approach
The trade-off between climate protection and energy security is more striking for the developing countries those are having fewer resources to combat the risk of sudden supply disruptions of energy, however, its reflection in the literature is not found sufficient. This paper aims at exploring this trade-off by uniquely representing the India-UK bilateral trade and applies a spatial index-decomposition exercise of the emissions embodied in the net export. The calculated emission imbalance implied in India-UK bilateral trade is decomposed into the contributions from five important drivers. The study compares the policy trade-offs under three hypothetical scenarios where India is adopting prudent policy measures imitating the UK. Based on these scenario experiments, the study suggests a decision trick where India is adopting a lower energy intensity of input use by altering its energy consumption level keeping the employment of inputs unchanged. (http://icmai-rnj.in/index.php/rb/article/view/167632)
December 2021- 4th International Conference on Management and Business Practices (ICMBP) 2021. Dept. of Management and Business Administration, Aliah University, Kolkata
Mitigating Climate Change Through Adopting Clean Energy Policies: A Cross-country Analysis on Emerging Markets and Developing Economies
The research objective was to unveil various aspects of renewable energy and its impact on the global economy. This research started with the understanding of the significance of renewable energy and gradually progressed towards finding its production and consumption trend, share in energy mix, production autocorrelation study with its impact on GDP and welfare for developing and developed nations and a focused study of cointegration and causality in case of India. While establishing cointegration between renewable energy production and economic growth indicators by Johansen test, we performed Vector Autoregression modeling for the indicators signifying unidirectional granger causality and possibility of autoregressive modeling. We concluded the study establishing the economic impact of renewable energy focus and its forecasting possibility in terms of its past data and its impact of multifarious developmental indicators. The research emphasises the need to perform due diligence towards making Sustainable Development Goals (SDG) 2022 a success through analyzing prevailing policies and estimating future policy roadmap with focused inclination towards clean energy.
August 2021- The Management Accountant
Indian Railways Vision 2024: Purpose Appraisal Through an Empirical Exploration of the Key Driving Forces
The story of the Indian Railways, one of the largest in the world, is one with a culmination of strong planning, able leadership, robust institutional support, deep-rooted utilitarian bias, and an imperishable vision.The all-encompassing strategic Vision 2024 document delineated the detailed blueprint to achieve 2024 MT loading by the year 2024. The statistical outcomes from this analysis claimed the strength and significance of dependence of the driving forces with the key observable outputs, whereas the predictive analysis has buttressed the future prospect. (DOI: 10.33516/maj.v56i8.34-37p)
June 2021- The Management Accountant Journal 56(6):25
A Qualitative Investigation on Natural Resource Accounting in India - A Misnomer or a Sustainable Trailblazer?
Natural Resource Accounting, a cycle of assessing the worth of environmental exhaustion and ecological depletion in view of economic engagements, is the need of the hour to secure sustainable economic growth by maintaining the broader theme of the triple bottom line (TBL) framework while ensuring three macro facets of people, planet, and profit. The deliberations at various levels, with coordinated effort in framing NRA guidelines in line with the best global practices in India, had substantially increased the awareness amongst stakeholders. (DOI: 10.33516/maj.v56i6.25-29p)
June 2021- Doctoral Symposium 2020. Indian Institute of Management Kozhikode
Reinvigorating Green Bond as an Alternative Energy Investment amidst Foreseeable Funding Crisis due to the Great Lockdown
The Great Lockdown due to the outbreak of COVID-19 pandemic has exasperated the prevailing situation beyond a mere health crisis and its economic impact is anticipated to be risking the prospect of the sustainability of the energy sector. Conducting a time-series analysis with five major countries, chosen in terms of their renewable-energy consumption and issuance of the green bond, this study imprecates that the lockdown would severely harm the investments in renewable energy, whereas, the long-term asset financing is less vulnerable to economic slowdowns compared to the gross investment. The study represents Green Bond as a rapidly growing long-term financial instrument for the private investors and capable of absorbing macroeconomic disturbances, hence, more propitious as a rescuer for the renewable energy sector for the future.
April 2021- The Management Accountant Journal 56(4):28
Post COVID-19 Growth Vaccine: Will Investment - Driven Surge in International Trade be a Game-Changer
The structural positivity in the economy is a must to deliver growth in the long run. The increase in the volume of international trade can be a game-changer to contribute immensely to the overall growth-orientation. It not only helps to develop a higher degree of trade interconnectedness amongst countries, but it also accelerates demand-driven consumption resulting in a positive contagion effect in the economy as a whole. The trend analysis for a significantly long time series reflects the structural dependency of FDI and international trade. Hence, the prospective growth ecosystem post- COVID-19 pandemic, driven by rejuvenated international trade, has to be significantly influenced by cross-country capital linkage resulting in FDI as a deciding growth-driver. DOI: 10.33516/maj.v56i4.28-31p
February 2021- The Management Accountant Journal 56(2):24
Unveiling Digital Health and Electronic Health Record - The Impending Mechanisms to Ameliorate Healthcare Efficacy in India
With sustainable economic growth potential and foreseeable improvement in public service delivery, India needs instruments to improve sectoral productivity in healthcare. In the modern world of technological advancements, digital intervention is inevitable to increase healthcare effectiveness. Digital health includes multiple digital care mediations ensuring the convergence of digital technologies with wellness, treatment, healthcare, and society to improve the efficacy of service delivery and make medicines more explicit and user-specific. DOI: 10.33516/maj.v56i2.24-27p
September 2019- International Journal of Advanced Engineering, Management and Science
A comprehensive study of Employee Engagement: Contemplating 7-D model in view of NIFTY 50 companies
The study has been initiated to unfold the conceptual reality of a commonly used terminology in organization behaviour study- employee engagement. The engagement of employees towards an organization is determined by their affective, cognitive and behavioural attributes which are in turn linked with various internal and external factors. These factors are identified and presented in various models with some specific focus area. Employee engagement index, the measuring indicator, is a reflection of multiple self-determining factors. This study unveiled the factors while analysing the annual reports for FY 2018-19 of NIFTY 50 companies. The key focus areas have been identified and an all-encompassing 7-Dimensional model has been proposed to determine the objective-oriented factors to prepare relevant questionnaire for ascertaining Employee Engagement Index.
DOI: 10.22161/ijaems.59.2