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Category Archives: Economy
Embed from Getty Images These days, we often come across the term ‘Modinomics’ in the mass media. Recently, after the Seoul Peace Prize to Prime Minister Modi was announced, the spokesperson of the Ministry of External Affairs Mr. Raveesh Kumar … Continue reading
Prime Minister Modi won Seoul Peace Prize 2018. He will be receiving this award for his contribution to high economic growth in India and world through ‘Modinomics’. In this neo-liberal era awards have their own meanings and purposes and let’s … Continue reading
Economics touches every aspect of our lives, yet most of us pay scant attention to it. Paul A. Samuelson, the Nobel laureate and author of the most well-known book on economics, declared, “I don’t care who writes a nation’s laws, … Continue reading
After the pro-rich neo liberalism emerged triumphant, people who are at the helm of affairs appear to be obsessed with only one thing – that is ‘ease of doing business’. Every year the World Bank releases the ease of doing … Continue reading
Even while half of the humanity survives on meager earnings and probably going hungry to bed night after night leading their destitute lives laboriously in the most squalid conditions, a handful of people, who are blessed with an over-abundance, lead … Continue reading
I’m a salaried employee working for a private sector company located in Hyderabad. I and my wife lead a thrifty life, saving some money for the future of our two children. I save on my taxes through tax planning. It … Continue reading
Joseph Eugene Stiglitz, the Nobel Prize-winning American economist, in his recently published book, “The Price of Inequality: How Today’s Divided Society Endangers Our Future” observed that any nation, if it wants its development to sustain in the long run, must … Continue reading
When we feel the need for a product and have the affordability to pay for it, what is it that we do to procure the product? We go to a nearby market, enter a plush looking and brightly illuminated brick-and-mortar … Continue reading