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 tweeted by saying that Modi received the award for his contribution to high economic
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 not be too concerned about them. However, what we must
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, if I can write its economics textbooks”. Economics, being the
Those were the days when I was living in the famous temple town, Bhadrachalam. I was an undergraduate student in the local government degree college. I was an active member (a Swayamsevak) of the Rashtriya Swayamsevak Sangh (RSS) and would attend Shakha wearing Khaki Knickers on an almost daily basis.
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 ultra-luxurious lives disregarding the pain and suffering of their fellow
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 achieve a harmonious development of all its four capital stocks