Economics

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 […]