Economics

Answering Dilemma: Which Way to GO ?

July 28, 2022

India has played a pivotal role in sculpting global history since the ancient epoch. Being endowed with worthy resources, it still is a source of aspiration for the world. After the Structural & Stabilization reforms of 1991, the growth rate of physical output accelerated and soon transmogrified India into one of the influential global economic […]

Unmemorable Day for Japan

July 28, 2022

On 8th July 2022, former Prime Minister Shinzo Abe was assassinated. It was an unpredicted Friday morning when Abe was giving a speech on the street in the city of Nara. He was shot twice, 1st shot was on his neck, and 2nd on his back. The gunman and suspect were taken into police custody. […]

Freedom is Nothing But A Chance To Be Better

July 18, 2022

‘I want freedom for the full expression of my personality’- Mahatma Gandhi Freedom is the liberty to do what is considered best for the self, community, nation and the world. It is a concept so abstract that when it is freely available, it is hardly felt, but the moment it is snatched, the entire system […]

Decoding the economics of pandemic for students

June 3, 2020

The Corona pandemic has hit every section of our society. The economy is predicted to be on a free fall. Jobs and therefore the livelihood of people would be hit in a way never seen since last few decades. Some economists are painting a rather grim picture and comparing it with the global recession of […]

The HELICOPTER Shot done right!

February 2, 2019

Narendra Modi has hit the ball out of the park in the National Democratic Alliance’s sixth budget. Prime Minister Narendra Modi has delivered an Interim Budget likely to boost the government’s popularity ahead of polls that are now just months away. The Budget includes big announcements such as a major income support scheme for farmers and a […]

Universal Basic Income: Reimagining Social Security (Part II)

February 1, 2018

Universal Basic Income:Reimagining Social Security (Part I) GLOBAL EXPERIMENTS London In 2009, a Charity undertook a project of disbursal of GBP 3000 per annum to street dwellers. It never got Government backing. The result of that experiment was eye opening and worth deserving due attention. On an average only GBP 800 was spent by the […]

Universal Basic Income: Reimagining Social Security (Part I)

January 27, 2018

A just society is a society that if you knew everything about it, you’d be willing to enter it in a random place. -John Rawls It has been beautifully suggested after deep deliberation that, “People don’t just have needs, rather they have ideas about their needs”, ideas which evolved over considerable period of time with […]

The Equilibrium of Economic Growth and Satisfaction

August 24, 2017

Economic growth and satisfaction are two distinctive, yet inalienable, pillars of modern human existence. They are differentiable in the fact that while economic growth is measurable through indices like Gross Domestic Product (GDP), there are no conclusive measures of satisfaction. Moreover, the term ‘economic growth’ invariably carries a national or social connotation while the term […]