Economy

Economy

125 crore India(n)s: Demographic Asset or Liability

Reading Time: 4 minutesIt has taken 70 years as an independent nation to reach where we are today, from an underfed nation of 40% people to an underfed nation of 20% people. We are moving fast, but the population is also moving. In that way, we have to keep on running, until the development is able to run […]

Share

Protests against WTO Restrictions on Food Subsidy: India has the Largest Number of Hungry and Malnourished People

Reading Time: 2 minutesAIKMS has stressed that today India has the largest number of hungry and malnourished people. It has 48% of the under-fives who are seriously malnourished and 56% of its childbearing age group women suffer from severe anemia. Here’s a report in Different Truths. Led by AIKMS hundreds of poor peasants and workers protested at various blocks and […]

Share

How long will India Take to Become an Advanced Economy?

Reading Time: 4 minutesOur GDP is one of the fastest growing, agriculture has made India food safe. Literacy and life expectancy are both up massively. A consumer has massive choices in almost all the product and service areas. So, this is no small achievement. But the basic question remains. Are we a developed economy yet? After 70 years, […]

Share

How Much Tax Should a Government Collect?

Reading Time: 4 minutesHigher tax should also translate into a higher development and social security. Are we also doing that, asks Tarun, in the weekly column, exclusively in Different Truths. I must credit demonetisation with one thing, it helped me start as a columnist in Different Truths. How? It provided such a rich fodder to my brain, so […]

Share

Fifty Shades of Black Money

Reading Time: 3 minutesBlack money is something earned legally, but which has escaped the taxes. Illegal money is something, which is a result of illegal activities. No question of taxes arises here. This is an important distinction, opines Tarun, in his weekly column, exclusively in Different Truths. Black money is the hottest topic in India right now. It […]

Share

Whose Interest Rate is it! Who does it Interest!

Reading Time: 4 minutesTarun explains the intricacies of interest rates on Fixed Deposits (FDs). Why are lower interest rates hitting the senior citizens hard? Read more in the weekly column, exclusively in Different Truths. A perplexed senior citizen asked, “Why are the interest rates on Fixed Deposits – also known as Term/Time Deposit (TDR) and Special Term Deposit […]

Share

The Vulnerability of Religiosity: How Fake Godmen Rule the Roost!

Reading Time: 3 minutesNagpur-based Sunita exposes the chinks – rather cracks – in the armours of the socio-political and socio-economic structures. These bizarre figureheads continue to draw vulnerable people in the name of religion.  Much like the axiomatic Pied Piper, be it the aged dhoti-clad reader-of-scriptures or the bling-apparelled, gem-studded glib talker – hundreds of thousands of followers […]

Share

How Susceptible are we to the Boom Bust Cycles?

Reading Time: 3 minutesA boom is a period of increasing demand, increasing productivity, increasing sales and increasing wages. A bust is a period when inflation decreases, unemployment rises, income falls, and demand decreases. The governments are definitely more active now. We can say the governments are able to act as thermostats, able to stem the bust and prolong […]

Share

Mistakes Common to Business Tycoons and Petty Shopkeepers

Reading Time: 3 minutesWe are all vulnerable to emotions. Be it a tycoon, or the friendly neighbourhood shopkeeper, we all make mistakes. It is not the purpose here to prepare an exhaustive list. But to highlight that human frailty is all too pervasive. Tarun points out the common mistakes that business tycoons and petty shopkeepers make, in the […]

Share

Can a Government Really Stimulate Economic Activity?

Reading Time: 3 minutesDelhi-based businessman, Tarun, examines the role of the government in stimulating economic activity. The options are limited and few. We are introducing a weekly column, every Thursday, from this week, exclusively in Different Truths. This examines the contra thesis that a government has no role really in stimulating economic activity. In India, budgets, and statements […]

Share