Indian Journal of Industrial and Applied Mathematics
  • Year: 2014
  • Volume: 5
  • Issue: 2

The Fuzzy Mathematical Modelling in Consequence of the Framework of Socially-Responsible Tea Production System and the Governance - A Regional Study in India

  • Author:
  • Animesh Debnath1, Jayanta Kumar Dey1,, Samarjit Kar3
  • Total Page Count: 20
  • Published Online: Dec 1, 2014
  • Page Number: 111 to 130

1Department of Economics, Vivekananda Mahavidyalaya (under the University of Burdwan), Sripally, Burdwan-713103, West Bengal, India

3department of Mathematics, National Institute of Technology, Durgapur-713209, West Bengal, India

*Corresponding Author E-mail Id: animesh2007.1813@rediffmail.com

Abstract

Socially responsible investment or SRI was introduced in the earlier time in tea sectors of west Bengal to ensure the betterment of the labourers associated with the sectors but until date those hardworking persons living below the poverty line do not test the essence of the concept.

In gradual course, the collaboration between tea sectors management and governance is forced to be decomposed and as an obvious result, social development is thwarted. In the following study, there is ample scope to throw light on the SR initiatives vide/through the fuzzy mathematical modelling and to give stress on the modelling on the system of tea production along with the problems interconnected. The result shows that the fallacy of extended alliance between the estate owners and government may jeopardize the SR activity.

Keywords

Socially responsible investment, Fuzzy mathematics, crisp environment, membership function, Modelling, Scenarios, Governance, optimization