LOSE-LOSE TO WIN-WIN

In the series of psychology tests administered in SSB a situation posed is: “Your mother is seriously ill and your boss refuses to grant you leave; you will—-” I would have studied over 500 responses to this situation from the youth of India. My response would have been, “I will convince the boss that I…

PART 3: REVIVAL OF INDIAN ECONOMY

Part 3: Revival of Indian Economy Revival of Indian economy is vital. If it is not done, India will be losing the demographic dividend which it has in hand. In accordance with the World Economic Forum (WEF) survey there is widespread despondency in the population. People opting out of the labour force corroborates this feeling.…

PART 2: ANALYSIS OF BUDGET 2022-2023

Part 2: Analysis of Budget 2022-23 The budget of 2022-23 was consistent with the past policies of the government in general and the budget of the previous year in particular. The prime focus has continued on public expenditure on infrastructure to create growth. In Part 2 we have covered the salient portions of the budget…

RUIN OF INDIAN ECONOMY

Major Policy Decisions Since 2014 Responsible for Economic Ruin Economics cannot be delinked from politics. Policy formation and way India is governed does impact the economy. The major aspects which have affected the economy have been briefly highlighted here. Over Centralization. Arun Shourie had called Indian government as that of 2 ½ men, which included…

NEW INDIA LITERACY PROGRAMME

The government has set a target of 100% literacy by 2030. To achieve this, a new scheme of adult education will start from the month of August 2022.           The Ministry of Education has approved a new scheme named “New India Literacy Programme” for the period FYs 2022-2027 to cover all the aspects of Adult…

TILL SUCH TIME THE DOMESTIC DEMAND IS RAISED, THE INDIAN ECONOMY WILL NOT REVIVE – BY PRITAM BHOWAL

Domestic private consumption accounts for approximately 55-60% of India’s GDP, which is why India remained largely unaffected by the GFC (Global Financial Crisis) in 2008. It was showing strong signs of growth when major economies were facing several hardships. Some years later, due to a drastic fall in consumer demand, the economy plunged into a…