Management Journal for Advanced Research

Impact of Artificial Intelligence Technology on HR Practices in Indian IT Companies

Dr. B. Sankar Naik — 2024-06-05

Artificial Intelligence is an emerging technology that enables machines to think, understand, and perform tasks previously carried out by humans. Artificial intelligence is serving IT companies to make better, faster decisions. AI technologies provide substantial potential to advance functions in Human Resource Management. With using AI technology, organizations are able to improve existing performance and day to day functions.
This research paper is descriptive in nature. The researcher used secondary data collected from research papers, publications, websites, and HR blogs, etc. The main objective of this study is examining the role of artificial intelligence in the HR department, understanding the challenge in the HRM department and also to investigate the effect of Artificial Intelligence (AI) on Human Resources (HR) practices in Indian IT Companies. The research study has concluded that the role of AI is larger into various functions carried out in the human resource department whereby robotics companies can handle all HR operations, analyzing the data, collecting the data, reducing workload at the workplace and improving workplace efficiency.

Role of Retail Sector in Formation of Atmanirbhar Bharat

Dr. Saumya Bahadur — 2024-06-22

After agriculture sector in India retail sector employes most people at 8% of total employment and 10% of total GDP comes from retail sector. India is ranked 73 in the United Nations Conference on Trade and Development's Business-to-Consumer (B2C) E-commerce Index 2019. India is also the world’s fifth-largest global destination in the retail space and ranked 63 in World Bank’s Doing Business 2020.

The Indian retail sector is one of the most exciting and under penetrated markets in the world and because of rapid urbanization and changing consumption patterns; India has witnessed a revolution in the last two decades. The entry of the leading corporate houses into retail created a surge of growth in the industry. India tops in the list of emerging market for global retailer and India’s retail sector is expanding and modernizing rapidly in line with India’s economic growth projections for the future. The Indian retail market is estimated to be worth more than US$ 500 billion currently.

A Nationwide Comparative Study on Financial Inclusion through PMJDY

Sagnik Maity — 2024-06-22

Purpose - Financial inclusion refers to the provision of affordable financial products and services to all members of society without any discrimination. ‘Pradhan Mantri Jan-Dhan Yojana’ is a government scheme to provide a zero-balance account to every citizen in India.

Methodology- This study creates a financial inclusion index based on three dimensions: banking penetration, disbursement, and services. And distributed states as per their index score in three levels: high, middle, and low. There is a continuum from 0 (no inclusion) to 1 (complete inclusion).

Findings- The study finds that six out of 37 states showed high progress in financial inclusion, 14 came under the middle level, and 17 went to the low level. Chhattisgarh scored high on in index, while Puducherry had the lowest score.

Originality- This study will help the policymakers and regulators make the structural framework for low-inclusion states. This study may be unique in the field of evaluating the effectiveness of the PMJDY plan in states as per targeted population.

The Digital Transformation in Recruitment: Exploring the Effect and Challenges of Online Recruitment

Prashasth Bhushan — 2024-06-29

The digital transformation in recruitment has fundamentally altered the landscape of hiring practices. This research article explores the impacts and challenges of online recruitment, providing insights into how digital tools and platforms have reshaped the recruitment process. By analyzing the benefits and obstacles associated with e-recruitment, this study aims to offer a comprehensive understanding of the current state and future potential of digital recruitment strategies. By examining related case studies, we can harness the effectiveness of online recruitment, equipping ourselves to overcome future challenges and fully benefit from its advantages.