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Dr. Paroma Mitra

Assistant Professor – Economics, Chairperson – Admissions, Chairperson – PRAYAS (Center for Community Engagement, Social Responsibility & Sustainable Development)

Profile

Dr. Paroma Mitra is Assistant Professor of Economics. She is also Area Chairperson of Economics. She did her Ph.D. in Humanities and Social Sciences and Management from NIT Durgapur, MBA from the University of Burdwan and Economics graduate from the same University. She has more than 24 years of experience in teaching, training and research. Her teaching interests are in Managerial Economics, Macro Economics, Indian Economics and Basic Econometrics. She conducted rural immersion exercises in economics session on Handloom silk clusters and on rural livelihood in nearby rural areas to the first-year batches. She has headed PGDM program department, Student Affair, Library and others.

Her research interest includes applied economics and using econometrics tools to analyse in the field of tourism, handloom, Steel sectors. The areas in which she did her major studies are steel sector, handloom sector, and studies related to Murshidabad area etc. She has published more than 25 papers in peered review Journals. Few are listed in Scopus index journal like Indian Economic Journal, Place Branding and Public Diplomacy, Asian Journal of Political Science, and other reputed journals. She is a continuous reviewer of SAGE Journals, Emerald Journals and Cases and many others.

She has taken training sessions in campus MDP’s conducted for executives/officers of various organizations like Canara Bank, LICI, MSTC, FSNL, and WBCS Executive Probationers etc.

She has a huge inclination towards society development. She has organised with other faculty members four international conferences on Sustainable Development. She also published four Edited Books. With the help of the institute she tries to organised handicrafts exhibitions to showcase the potential of the artisans of Murshidabad districts of Bengal.

Sl No Date Name of MDP Client Name
1 07th to 9th May 2026 Driving Business Value Through Information Technology Canara Bank
2 3rd to 8th November 2025 Business Leadership programme Canara Bank
3 18th to 20th July 2022 Boost Your Marketing Intelligence LIC
4 8th January to 19th March 2022 Certificate Course in General Management Open
5 26th April to 27th April 2019 High Impact management skills for project & admin management Open
  • Term-I: Microeconomics
  • Term-II: Economic Environment and Policy-I
  • TERM-III: Economic Environment and Policy-II
  • TERM -IV: Rural Immersion
  • TERM-IV: Data Analysis with Econometrics tools

Microeconomics (Term-I)

  • Introduction: Microeconomics is a core course which is delivered in the Term 1. The course attempts to equip the aspiring managers with an understanding of basic economic principles, theories which have an important bearing on the managerial decision making process of a firm. An application of economic principles to business decision-making would be discussed. This is done by applying microeconomic theory and quantitative methods to managerial decisions making about pricing, production and costs, profit maximization, and governmental restraints.
  • Faculty Initiatives: The course is delivered through class room teaching, case-study analysis, classroom assignments and home assignment.
  • As new initiatives, class room games like (ball production game etc.) to teach Law of variable proportion and relation between production and cost theories with real data are applied. To teach the assumptions of theory of market, simulation and role playing (for different topics of types of Market) are also introduces. Along with these many group activities in the classroom are arranged. Different videos are shown to relate few concepts like (Cardinal approach of Utility a video clip from 3 Idiot is shown.) The course evaluation is divided into various parts. Mid Term and End Term which are of 30% weightage. Quizzes are also conducted to taste their knowledge. Some quizzes are conducted in computer lab too.
  • Real live project which carry also same weightage as Mid-term and End-Term. It covers up the application of theories in practical world. First term project started with “Product wise analysis”. For that, students introduce with different databases like CMIE Industry Outlook, EPWRF, www.rbi.org.in and many others. For analysis of the study students uses statistical software to apply multiple regressions models and demand forecasting tools. In some project they need to do primary research for which they move outside the campus, meets with individual customers, dealers, sellers, farmers, weavers, Tourist of Murshidabad district etc. to collect the data.

Economic, Environment and Policy-I (EEP-I)- Term -II

  • Introduction: The Economic, Environment and Policy-I is a course in macroeconomic analysis and policy in a globally integrated world. This course is designed to provide a broad overview of the macroeconomic environment in terms of key concepts like output determination, unemployment, inflation and foreign exchange markets etc. The course would also have elaborate discussion on the nature and functions of different markets as well as role of macroeconomic policies.
  • Faculty Initiatives: The course is delivered through class room teaching, case-study analysis, classroom assignments and home assignment, Simulations to teach multipliers for 2-3-4 sectors of Keynesian models. Videos to clear the concept of Keynesian models, Classical models etc. through movie clips.
  • The course evaluation is divided into various parts. Mid Term and End Term which are of 30% weightage. Real live project which carry also same weightage. It covers up the application of theories in practical world. For the project students are introduce with different countries central bank databases. Like for India www.rbi.org.in different tables are introduces, databases of EPWRF etc. For analysis of the study students uses statistical software to apply multiple regressions models tools.
  • In this course, Students also give presentation on various topics of EEP-I group wise.

Economic, Environment and Policy-II (EEP-II) -Term -III

  • Introduction: EEP-II course provides an understanding of market failures and areas of state intervention, state failures and solutions. In this context a brief analysis of the structural changes in Indian economy due to various reforms are also provided. The knowledge of Indian economic policies that affect business operations in India is important for a business manager. Along with the Indian economy analysis, country examples in the context of globalization is also discussed in details. Overall, this course structure provides a better understanding in the application of Microeconomic and Macroeconomic theories and concept to the various socio- economic issues of various countries of the world. Thus, the economic environment under which the companies operate can be better comprehended with the knowledge of various economies of the world.

Faculty Initiatives:

  • The course is delivered through class room teaching, case-study analysis, real-life data analysis of various Indian economic data of various sectors. In class room teaching also, data from economic survey and other sources are used to give them a real scenario of Indian Economy.
  • The project is divided into two parts. In Part -I they take up any one sector of Indian economy. Make a comparative analysis with another country (doing the best in that sector) like (agriculture, Service, Manufacturing etc). They use RBI databases, economic survey, sector wise ministry databases, world economy data other country’s databases etc. They analyse the government initiatives and also suggestion to government. In Part–II project Group discussion are organised by students for students. There they discuss latest topic of Indian Economy and world economy.

Rural Immersion – Term-III

  • A rural immersion course is a flagship experiential learning module for business schools to expose management students to the economic, social, and behavioral realities of rural markets. Instead of studying “Bharat” through textbook data, future leaders spend anywhere from one to three weeks living directly within village communities. This helps to understand the purchasing power, brand loyalty, and digital adoption patterns of rural consumers. The immersion program helps to break the urban-rural mindset to build empathy and ethical leadership in future corporate decision-makers. Also, identifying operational gaps in infrastructure, healthcare, supply chains, and agriculture to propose business-backed solutions.

Faculty Initiatives:

  • Rural immersion course was conducted with the help of Visva-Bharati’s rural reconstruction department. This department is rooted in the 1922 Sriniketan Experiment initiated by Rabindranath Tagore. It functions under the Palli Samgathana Vibhaga (Institute of Rural Reconstruction), focusing on making villages self-reliant through agricultural development, social welfare, non-formal education, and rural arts.
  • The institute operates from the Sriniketan campus (about 3 km from Santiniketan) and comprises four core departments dedicated to practical rural development: Department of Social Work (One of the oldest social work institutions in India, blending Tagorean thought with modern social work.), Department of Silpa-Sadana (Focuses on rural craft, design, and vocational training to promote rural livelihoods.), Palli Charcha Kendra -Department of Rural Studies (Conducts research and studies on rural economics and development dynamics.) and Department of Lifelong Learning-Rural Extension Centre (Implements Tagore’s vision by engaging directly with surrounding communities.)
  • We conducted 2 days program with Viswa Bharati for this course where students were exposed with model Rabindranath Tagore developed.

Journal Publications:

  • “Revisiting Economic Growth and Steel Consumption: Evidence from India published in ” Indian economic journal: the quarterly journal of the Indian Economic Association” December 2022, ABDC –B category, ISSN: 0019-4662, DOI: 10.1177/00194662221137264 ( with Paul P.)
  • “Analysing the Customer Satisfaction Index of E-banking Using Kano (1984) Model Framework” in Global Business Review, Sage publication (ABDC-C, Scopus cite core: 2.1, 2020) ( with Paul, P., Giri, G. & Haque, M.M.)
  • Bijoypur Silk Khadi Seva Sanstha: A Struggle for Survival of Garad Silk in Changing Times, “SAGE Publications: SAGE Business Cases Originals” 03, Jan , 2022, Discipline: Marketing, Consumer Marketing, Small Business Marketing,Contains:Teaching Notes, DOI: http://dx.doi.org/10.4135/9781529793567, Keywords: branding, consumer behavior, consumers, customers, government, India, industry, pricing, survival, weavers (Co-Author S Banerjee)
  • “Revamping heritage brand: a case of Murshidabad, West Bengal, India” in Journal of Place Branding and Public Diplomacy, Springer, March 2021, DOI: 10.1057/s41254-021-00202-w (with Banerjee S)
  • “Does the steel consumption affect the economic growth in India?”, in Journal of Social Sciences, 48(3), July 2020, E-ISSN: 0975-8935 P-ISSN: 0253-1097
  • “Cost Volume Profit Analysis and the Dance class business” in Journal of Services Research, 19( 2), October-2019-March 2020, ISSN-0972-4702(Print)/ISSN-2581-3412(Online) http://jsr.vedatya.ac.in/adsmin.asp?Details=332B2:B11B16B2:B12B2:B13B1B2:B14 (ABDC-C) (with Paul, P.& Haque, M.M).
  • “Electoral Alliance with Sworn Opponent Political Party: Factors Impacting Voting Intention” in Asian Journal of Political Science, Taylor & Francis/Routledge publication, Print ISSN:0218-5377,Electronic ISSN:1750-7812, Country of Publication: Singapore, DOI: 10.1080/02185377.2019.1579105, February 11, 2019 ( with S. Bannerjee)
  • “Analysis of the Effect of Working Capital Management on Profitability of the Firm: Evidence from Indian Steel Industry” in Asia-Pacific Journal of Management Research and Innovation, SAGE Publications, ISSN 2319510X, eISSN: 23210729, 14(1–2) 1–7 © 2018, sagepub.in/home.nav, DOI: 10.1177/2319510X18812142, http://journals.sagepub.com/home/abr ( with P.Paul).
  • “Multivariate Analysis of impact of Financial efficiency on Profitability of Indian Cement Industry” in International Journal of Research in Engineering, IT and Social Sciences, Special issue, Nov, 2018, http://www.indusedu.org/IJREISS.php, pg 260 ( with P.Paul).
  • “A Critical Analysis of the Financial Efficiency of the Steel Industry in India” in Asia-Pacific Journal of Management Research and Innovation, SAGE Publications, ISSN 2319510X, eISSN: 23210729 , DOI: 10.1177/2319510X17696651 http://apjmri.sagepub.com, May 3, 2017 ( with P.Paul).
  • “ A study on Receivables Management in select companies of Indian Steel Industry” in International Journal of Innovative Research and Development, ISSN 2278-0211, Volume 5, Issue 2, January 2016 (Special Issue) (with P.Paul).
  • “Industry Attractiveness: A Case on Indian Steel Industry” in International Journal of Research in Management, Economics & Commerce, ISSN 2250-057X, Volume 5 Issue 6, June 2015. (with Roy D.).
  • “Liquidity Management: A multivariate analysis of financial indicators of two steel plants” in Asia-Pacific Journal of Management Research and Innovation under SAGE Publication, Volume II, Issue I, pp 66-7, DOI: 10.1177/2319510X14565015, March 2015. (with Roy D.).
  • “Analysis of Degree of Global Competitiveness: a case on Cement Industry” International Journal of Innovative Research and Development, Volume 3, Issue 12(special issue), ISSN No. 2278-0211 (Online), November, 2014, pp 347-352.
  • “An empirical study on Challenges faced by the Small and Medium size rural retailers in India” Trends and Challenges in Global Business Management ISBN 978-93-82338-84 (2013) pp 356-366 (With Halder P)
  • “In search of a mathematical form for a production function of wheel machining” in Journal of Applied Finance and Economics, Volume1, Issue 1-2, January- December, 2013, ISSN No 2347-6753, pp 1-8 (with Roy D.).
  • “ Measuring degree of global competitiveness: a case study on world tea industry” International Journal of Innovative Research and Development, Volume 2, Issue 12(special issue), ISSN No. 2278-7631, December, 2013, pp 26-32. (with Sahoo I. and Roy D.)
  • “Degree of global competitiveness: a study on world passenger car industry” SCMS Journal of Indian Management, Vol. X, Number IV, (October – December 2013) (with Mittal A. and Roy D.) Copernicus Index Value 5.34, UGQR impact factor 1.1
  • “National Steel Policy 2005: A trend analysis between the aimed and forecasted performances” in International Journal of Research in Management, Economics and Commerce, Volume 2, Issue 11November, 2012, ISSN: 2250-057X, pp 447 – 463.( with Roy D.).
  • “Product-wise trend analysis of the production of Durgapur Steel Plant”, in Singhad Business Review, Volume-4, Issue-1, January-Jun, 2011, ISSN: 0974-0597, pp 17-23. (with Roy D.).
  • “A Study on deflated average cost of four products of Durgapur Steel Plant to find out the optimum state of operation” 2011, published in TECNIA Journal of Management Studies, Volume 5, Number 2, October2010 to March2011, ISSN: 0975-7104, pp 35-45. (with Roy D.).
  • “Global Competitiveness in the Steel Industry”, 2010, published in Asia –Pacific Business Review, SAGE Journal, Volume 6, Number 4, October-December 2010, ISSN: 0973-2470, pp79-87. (with Roy D.).
  • “Cost Optimization of six products of Durgapur Steel Plant”, 2010, Management and Change, Volume 14, Number 1, ISSN: 0972-2149, pp 101-118. (with Roy D.).
  • “Liquidity Trends: Corporate Comparatistics”, 2008, SCMS Journal of Indian Management, Volume 5, Number 4, October-December, 2008, ISSN: 0973-3167, pp 92-100. (with Roy D.).

Chapters in Books:

  • “Indian Economic Growth with Tourism Growth: A Time Series Analysis”, in INTEGRATING SUSTAINABILITY-Technology and Research for Value System, 215, ISBN: 978-93-61315-75-6
  • “Markovian Brand Switch Model and Sustainability detergent Powder Market in India” in Managing Sustainable Development, Bloomsbury Publisher, ISBN: 978-93-56408-69-2, pp 19-27.
  • Impact of Pandemic in India’s GDP and its component, in Allied Publisher, 2023
  • “Attractiveness of steel industry in the twenty- first Century” in Managing Business, A Twenty-First Century Perspective, Feel Books Pvt. Ltd., pp: 57-71, ISBN: 978-93-89692-14-3.2020 ( With Giri S.)
  • “Supplier Collaborative Practices in Supply Chain for Business Excellence”, in Managing Business, A Twenty-First Century Perspective, Feel Books Pvt. Ltd., pp:136-146. ISBN: 978-93-89692-14-3. ( With Giri S.)
  • “Analysis of financial indicators in the multivariate domain: a study on two steel plants” in edited volume- “Business Excellence-Rhetoric and Reality”, jointly published by the Department of Business Administration and Business Administration (Human Resource),The University of Burdwan, ISBN:81-87259-83-3, pp: 159-170. (with Roy D.).
  • “An Analysis of Degree of Global Competitiveness on World Tea Production” in conference proceedings National Conference on recent trends in Operations Research (NCRTOR-2013) on 11-12 April, 2013, Department of Applied Sciences, Amity School of Engineering & Technology, New Delhi, E-ISBN: 978-93-5104-748-3.(with Sahoo I.)
  • “Steel Industry: Attractiveness in Indian Market” in XVI Annual Convention of Strategic Management Forum: Indian and Indigenous Strategies, Excel India Publisher, 2013, IIM Kozhikode, ISBN: 978-93-82880-36-3, pp 519-522. (with Roy D.)).
  • “Analysis of degree of global competitiveness on world passenger car production”, in conference proceedings Global Competitiveness and Corporate Governance Imperatives in Emerging Economics, Ansal University, ISBN: 978-93-81583-890, pp 142-149, February, 2013. (with Mittal A.)
  • “Analysis of degree of global competition country wise in cement industry” in conference proceedings Global Competitiveness and Corporate Governance Imperatives in Emerging Economics, Ansal University, ISBN: 978-93-81583-890, pp134-141, February, 2013. (with Aggarwal M.)
  • “An Empirical Study on Challenges Faced by the Small and Medium Size Rural Retailers in India” in conference proceedings Trends and Challenges in Global Business Management Organized by Department of Management Studies Sree Narayana Gurukulam College of Engineering (SNGCE) Kolenchery, Kerala, Published by Bonfiring, Tamil Nadu India.ISBN 978-93-82338-84-0

BOOK PUBLISHED

  • Giri, S., Paul, P., Mitra, P., & Singhal,S. (2023). Managing Sustainable Development, ISBN: 978-93-56408-69-2
  • Giri, S., Paul, P., Mitra, P., & Singhal,S. (2023). Resilience and Sustainable Development, ISBN: 978-93-56404-13-7,
  • Mitra, P. & Bannerjee, S. (2020). Managing Business- A Twenty-First Century Perspective. Feel Books Pvt. Ltd., ISBN: 978-93-89692-14-3. 201 pages.
  • Giri, S., Paul, P., Mitra, P., & Chatterjee, S. (2019). Sustainable Development: A Value Chain Perspective. Speaking Tiger Publications. ISBN: 978-93-88874-23-6. 285 pages.

NEWS PAPER ARTICLES

  • “Govt’s first focus on infrastructure, primary education, macroeconomics factors” published in The India Infoline, Mumbai, on 5th March, 2016.
  • Union Budget 2016-17 and Impact on Education Sector, Published in Inside IIM.com on 8th March, 2016. https://insideiim.com/union-budget-2016-17-and-impact-on-education-sector/
  • “In search of manpower” published in The Statesman, on 12th September, 2014.
  • “CAREER SCAPE: INTERNATIONAL BUSINESS (Word is your oyster)” published in The Tribune, on 17th September, 2014.

CONFERENCE ATTENDED FOR PRESENTING PAPERS

  • Presented paper in ICCBP CONFERENCE, 9-11 JAN 2026, MDI Mursahidabad, VIKSHIT BHARAT 2047: GLOBAL COMPETITIVENESS OF SILK INDUSTRY”
  • Presented paper in INDAM Special Conference”, “ PERFORMANCE OF MURSHIDABAD SILK CLUSTERS. 2025, 12-13 Sep 2025, KJ Somaiya, Mumbai
  • “Impact of sevicification on export intensity and export participation of steel firms in India: role of foreign ownership”, IIFT Delhi
  • Organized SDVP-19 as Co- Chairperson, “International Conference on Sustainable Development- a value chain perspective” 6-7 Dec 2019. (with Giri, S., Paul, P., and Bhattacharjee, S.)
  • Organized SDVP-18 as Convener, “International Conference on Sustainable Development- a value chain perspective” 7-8 Nov 2018. (with Giri, S., Paul, P., and Chatterjee, S.)
  • Presented in abstentia “ITBI-15” – 7th International conference on “Information Technology and Business Intelligence” jointly organized by IMT Nagpur, from Jan 21- 23, 2016
  • Presented “Liquidity management in the multivariate domain – a case analysis of two steel plants” in 2013 India Accounting & Finance Conference: September 9th to 11th 2013: IIM Lucknow.
  • Presented “Liquidity trends: an analysis of two cement companies” in 2013 India Accounting & Finance Conference: September 9th to 11th 2013: IIM Lucknow.
  • Strategic management forum: XVI Annual Convention in IIM Kozhikode, 23-25 MAY, 2013 paper presentation in the Main Conference being held as part of the Annual convention.
  • National Conference on recent trends in Operations Research (NCRTOR-2013) on 11-12 April, 2013, Department of Applied Sciences, Amity School of Engineering & Technology, New Delhi.
  • National Conference on Paradigm for Sustainable Business: People, Planet, and Profit, organized by IIT Roorkee, on March 8-9, 2013.
  • ICGCE-2013-International Conference on Global Competitiveness and Corporate Governance Imperatives in Emerging Economics” organized by School of Management Studies, Ansal University, Gurgaon, from Feb 15 -16, 2013.
  • “ITBI-12” – 4th International conference on “Information Technology and Business Intelligence” jointly organized by IMT Nagpur, from Nov 23- 25, 2012.
  • “International Conference on Marketing Paradigms In Emerging Economies”, Dec 4-5, 2012, Banaras Hindu University, Varanasi, India.
  • “International Conference on Frontiers of Infrastructure Finance, (ICFIF”,) 2011 held at IIT Kharagpur, India from Dec 29-30, 2011.
  • “International Conference “SILVERZ-2009”, held at The University of Burdwan from Jan 29-31, 2009.

RESOURCE PERSON

  • “Cost Behaviour and CVP Analysis” in a four-day residential Management Development Program on “High Impact Management Skills for Organizational Effectiveness in a Dynamic Business Ecosystem” for Executives of SAIL-ISP to be held from 7-10th January, 2019. (one session)
  • Conducted session on “Cost Behaviour and CVP Analysis” in a four-day residential Management Development Program on ‘”High Impact Management Skills for Organizational Effectiveness in a Dynamic Business Ecosystem” for Executives of SAIL-ISP held from 10-13th December, 2018. (one session)
  • Conducted session on “Cost Behaviour and CVP Analysis” in a three-day residential Management Development Program on ‘”High Impact Management Skills for Organizational Effectiveness in a Dynamic Business Ecosystem” for Executives of SAIL-ISP held from 27-29th August 2018. (one session)
  • Conducted session on “Cost Behaviour and CVP Analysis” in a three-day residential Management Development Program on ‘”High Impact Management Skills for Organizational Effectiveness in a Dynamic Business Ecosystem” for Executives of SAIL-ISP held from  6-8 August 2018. (one session)
  • Conducted session on “Cost Behaviour and CVP Analysis” in a three-day residential Management Development Program on ‘”High Impact Management Skills for Organizational Effectiveness in a Dynamic Business Ecosystem” for Executives of SAIL-ISP held from 2-4 July 2018.  (one session)
  • Conducted session on “Cost focused Approach of Management” in a three-day residential Management Development Program on ‘”High Impact Management Skills for Organizational Effectiveness in a Dynamic Business Ecosystem” for Executives of SAIL-ISP held from 11-13 Jun 2018.  (one session).
  • Conducted sessions on “Problem solving and decision making”in a six-day residential Management Development Program MDP on Administration and Project Management for WBCS (Executive) held from 8- 13 Jan 2018 at MDI Murshidabad (One Session)
  • Conducted sessions “ Cost Behaviour Analysis and Cost information for problem solving and Deceson making” in a three-day residential Management Development Program on Finance for non-finance for FSNL Executives held from 27-29 April 2017 at MDI Murshidabad (two Sessions)
  • Conducted sessions “ Cost Behaviour Analysis and Cost information for problem solving and Deceson making” in a three-day residential Management Development Program on Finance for non-finance for MSTC Executives from 15-17 Sep 2016 at MDI Murshidabad (two Sessions)
  • Conducted sessions on “Creativity and innovation” with LICI in 2016

1. Conducted training program for FSNL executives at FSNL Head office, Bhilai.