Indexing

Abstract: This paper explores the critical intersection of India’s developmental aspirations, encapsulated in the vision of Viksit Bharat (Developed India), with Sustainable Development Goal (SDG) 13, which focuses on urgent climate action. By analysing the nation's climate policies, economic strategies, and socio-environmental initiatives, the paper highlights India’s efforts to integrate equitable climate solutions into its developmental trajectory. Key challenges, such as balancing rapid economic growth with environmental sustainability, are discussed alongside innovative policy interventions, including India’s Nationally Determined Contributions (NDCs), renewable energy targets, and afforestation programs. The paper also examines socio-economic strategies aimed at fostering community resilience, empowering vulnerable populations, and ensuring a just transition to a low-carbon economy. It underscores the importance of leveraging international climate financing mechanisms and fostering multilateral cooperation to address systemic barriers. Ultimately, the study advocates for a holistic approach that aligns economic growth with environmental stewardship, ensuring a sustainable and equitable future for all citizens while contributing significantly to global climate goals. This alignment of SDG 13 with Viksit Bharat presents a robust framework for inclusive and sustainable development in the face of a changing climate.

Keywords: Sustainable Development Goal 13 (SDG 13), Climate Action, Viksit Bharat, Equitable Development, Environmental Sustainability.

Title: Viksit Bharat and SDG 13: Integrating Climate Solutions for Equitable Development

Author: Bhupinder Singh, Guneet Gill

International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)

ISSN 2349-7807

Vol. 12, Issue 1, January 2025 - March 2025

Page No: 33-40

Paper Publications 

Website: www.paperpublications.org

Published Date: 19-February-2025

Abstract: The study investigated how the portfolio diversification affects the financial performance of listed investment companies in Kenya. The study was based on Modern Portfolio Theory. The study targeted five investment whose stock were publicly traded at the NSE as at 31 December 2023. The annual secondary was collected from the published annual reports and audited financial statements of investment firms that are publicly listed at the NSE. The data period was from 2014 to 2023. Standard deviation, mean, minimum, and maximum was adopted as descriptive statistical analysis. Panel regression model was adopted to examine the portfolio diversification on financial performance. The study established that portfolio diversification has a strong and positive effect on financial performance of listed investment firms in Kenya. The study recommends to listed investment firms to diversify their portfolio across a number of investment areas including bonds, bills, real estate, equity and mutual funds. Such increased diversification would result to reduced portfolio risk and enhanced returns. Further, the study recommends to capital market authority to formulate and revise existing policy on the diversification by listed investment firms in Kenya.  The regulator should encourage listed investment firms to hold optimal portfolio and revise them accordingly as assets features change and macroeconomic factors evolve.

Keywords: Portfolio diversification, Financial performance.

Title: Effects of Portfolio Diversification on the Financial Performance of Listed Investment Firms in Kenya

Author: Kuria Paul

International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)

ISSN 2349-7807

Vol. 12, Issue 1, January 2025 - March 2025

Page No: 28-32

Paper Publications  

Website: www.paperpublications.org

Published Date: 10-February-2025

Abstract: The purpose of the study was to examine the effect of strategic management adoption on Performance of TransNzoia County The study was guided by the following specific objectives as; to examine the influence of strategic planning adoption on Performance of TransNzoia County. The study used the following theories as resource based view and goal setting theory.  The study adopted a descriptive research design.  The target Population was all county directors from all the 13 departments in of TransNzoia County. Data collection instrument was structured questionnaire. Both primary and secondary data was collected .The researcher self-drop and pick the duly filled questionnaires. Piloting was done to test the validity and reliability of data collection instrument. Data was organised, coded, edited to bring a meaning.  Data was be analysed and presented using the statistical package for social science SPSS version 24. Both descriptive and inferential statistics shall be done.  Multiple regression was done to test the significant levels of one variable over the other.  Analysis of variance was also be done. Based on the findings, the study concluded that strategic planning adoption has significant effect on Performance of TransNzoia County. The study came up with the following recommendations; the management of the county government should come up with Strategic plan that meets the county government’s requirements in consideration and articulation of values and priorities reflecting the views expressed by all stakeholders involved in the process. The adoption process should involve the strategic vision, mission, goals and values of the organization. The finding will be of significant to the researchers, academicians, stakeholders and to the entire economy as a whole.

Keywords: Strategic Planning Option, Organisational Performance.

Title: Strategic Management Adoption and Performance of TransNzoia County, Kenya

Author: Pius Wafula, Dr. Elizabeth Nambuswa Makokha

International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)

ISSN 2349-7807

Vol. 12, Issue 1, January 2025 - March 2025

Page No: 13-27

Paper Publications 

Website: www.paperpublications.org

Published Date: 22-January-2025

Abstract: Financial intermediaries, according to the theory, have to function only because financial market are not perfect, which spells out their intermediation process towards profitability and growth attainment. This study aided to depicts the importance of financial structure in intermediation process, the two broad categories of intermediaries, the two perspectives intermediaries are expected to function, theory of financial intermediation and related theories the mirrors out the process, how and why they must be  regulated at interval and the functions of intermediaries towards household, firms and government. 

Keywords: Financial intermediaries, financial market, growth attainment, financial structure.

Title: THEORY OF FINANCIAL INTERMEDIATION: A MILLENIAL PERSPECTIVE OF THEORY AND PRACTICE

Author: CHARLES KATUA KITHANDI

International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)

ISSN 2349-7807

Vol. 12, Issue 1, January 2025 - March 2025

Page No: 1-12

Paper Publications 

Website: www.paperpublications.org

Published Date: 17-January-2025