Economy

Economy

A Prelude to Writing Economics

Prof. Bhaskar Majumder

Prof. Bhaskar Majumder

Prof. Bhaskar Majumder, an eminent economist, is the Professor of Economics at GB Pant Social Science Institute, Allahabad. He was the Professor and Head of the Centre for Development Studies, Central University of Bihar, Patna. He has published nine books, 69 research papers, 32 chapters,15 review articles and was invited to lectures at premier institutes and universities over 50 times. He has 85 papers published in various seminars and conferences.
He also worked in research projects for Planning Commission (India), World Bank, ICSSR (GoI), NTPC, etc. A meritorious student, Bhaskar was the Visiting Scholar in MSH, Paris under Indo-French Cultural Exchange Programme. He loves speed, football and radical ideology.
Prof. Bhaskar Majumder

An Economist and Social Scientist, Bhaskar ponders over the problems of writing Economics for the commoners. He reasons that two areas that be fooled the commoners are Sanskrit for centuries and Economics for decades. Both the subjects are distanced from commoners and in that process, one is almost extinct from the vocabulary of commoners, and the other is emitting […]

Demonetisation: How do the Commoners React to it?

Prof. Bhaskar Majumder

Prof. Bhaskar Majumder

Prof. Bhaskar Majumder, an eminent economist, is the Professor of Economics at GB Pant Social Science Institute, Allahabad. He was the Professor and Head of the Centre for Development Studies, Central University of Bihar, Patna. He has published nine books, 69 research papers, 32 chapters,15 review articles and was invited to lectures at premier institutes and universities over 50 times. He has 85 papers published in various seminars and conferences.
He also worked in research projects for Planning Commission (India), World Bank, ICSSR (GoI), NTPC, etc. A meritorious student, Bhaskar was the Visiting Scholar in MSH, Paris under Indo-French Cultural Exchange Programme. He loves speed, football and radical ideology.
Prof. Bhaskar Majumder

Prof. Bhaskar dwells on two aspects of demonetisation. The sway of the media perhaps creates panic. People act silly, often like chopping off the branch that they are sit on. With the call for Bharat Band by the Opposition parties on Monday (Nov 28), he wonders if Modi is riding the tiger. He also tells us how Maoists […]

Farmers Protest against Demonetisation, call it Anti-people: CPI-ML (ND)

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

Modi government’s denibetusation has hit the small and medium shopkeepers are sending away their employees as there are no customers, Kiosks are closing down, rickshaw pullers can’t find work, unemployment is rising, and retailers of perishable items like vegetables and fruits have no customers. This is not a surgical strike on black money hoarders, but a carpet bombing on […]

What the Youth feels about Demonetisation?

Subhajit Sanyal

Subhajit Sanyal

Born in October, Subhajit is an open minded soul of 19. A son of Bengal, Subhajit belongs to a small town, Purulia. He has completed his schooling in 2015, May, when he begun scribbling as a hobby, affected by all that is happening in his surroundings. He is fond of reading, writing, music and photography, solely dedicated to writing and learning. He began writing by chance but now, is a wanderer by choice.
Subhajit Sanyal

Demonetisation has affected one and all. Everyone, from 15 to 50, are busy debating the Prime Minister Narendra Modi’s move to ban old currency notes of 500 and 1000 denominations. New currency notes are being dispensed. But, there is panic and confusion among people. It is a move that has caught everyone from those in rags to the […]

Dramatics in the Hands of Invisible Puppeteers: Fair is Foul and Foul is Fair!

Prof. Bhaskar Majumder

Prof. Bhaskar Majumder

Prof. Bhaskar Majumder, an eminent economist, is the Professor of Economics at GB Pant Social Science Institute, Allahabad. He was the Professor and Head of the Centre for Development Studies, Central University of Bihar, Patna. He has published nine books, 69 research papers, 32 chapters,15 review articles and was invited to lectures at premier institutes and universities over 50 times. He has 85 papers published in various seminars and conferences.
He also worked in research projects for Planning Commission (India), World Bank, ICSSR (GoI), NTPC, etc. A meritorious student, Bhaskar was the Visiting Scholar in MSH, Paris under Indo-French Cultural Exchange Programme. He loves speed, football and radical ideology.
Prof. Bhaskar Majumder

To be caught in the high drama of a selection process to head a premier social science research institute leaves a bad taste. Despite being a forerunner for the post, it’s ugly when one sees the hands of invisible puppeteers, who know when to pull which string. One is reminded of the prophecy of the witches in Macbeth, […]

Demonetisation: Commoners Face Unending Troubles but Where are the Deep Pockets!

Prof. Bhaskar Majumder

Prof. Bhaskar Majumder

Prof. Bhaskar Majumder, an eminent economist, is the Professor of Economics at GB Pant Social Science Institute, Allahabad. He was the Professor and Head of the Centre for Development Studies, Central University of Bihar, Patna. He has published nine books, 69 research papers, 32 chapters,15 review articles and was invited to lectures at premier institutes and universities over 50 times. He has 85 papers published in various seminars and conferences.
He also worked in research projects for Planning Commission (India), World Bank, ICSSR (GoI), NTPC, etc. A meritorious student, Bhaskar was the Visiting Scholar in MSH, Paris under Indo-French Cultural Exchange Programme. He loves speed, football and radical ideology.
Prof. Bhaskar Majumder

Randomness seems to be inbuilt in our system. While the honest, pious middleclass, deposited huge amounts of money, collectively, standing in unending queues, those with loads of money were nowhere to be seen. The rich – read Deep Pockets – possibly have other means at their disposal. The arbitrariness of the class divide was once again sharp when […]

Wish I could get my Hair Cut a day before the New Currency Launch!

Ekta Shah

Ekta Shah is a stay at home mother (SAHM), by choice. She is an avid blogger. She has taken to writing for almost a year and contributes to several blogs and online sites. She stays in Bangalore.

The Modi government’s decision on Tuesday, November 9, made public at 8pm, created a panic of sorts. Two currency notes of 500 and 1000 were scrapped from midnight. While some appreciated the move, others were sceptic about its efficacy. Ekta tells us, how as a housewife, this currency change affected her. She opined that those who are old, […]

Made in China: Are we Funding a Brutal Regime by buying Chinese Products?

Eswar Anandan

Eswar Anandan

Eswar Anandan’s mother's traverse with Cancer opened his eyes and thoughts about the life outside the glass cubicles. In his own words: "Strong emotions gave way to words, words took poetic form, and I found a new purpose..." His first book, 'Seasons' is a dedication to her.He is currently working on ‘Thoughts in Silence’ and ‘Story of a Nation’. Eswar is an entrepreneur and Friends of Tibet Campaigner.
Eswar Anandan

Latest posts by Eswar Anandan (see all)

One of the most important elements used to power the mobile phones – Lithium is found in abundance in a region, which China claims its own – Tibet! Post illegal occupation of Tibet, China has got access to the abundant natural resources that Tibet is known for and has been exploiting it like crazy for its own economic, […]

Economic Liberalisation of India Paved the way for its Growth

Pradipta Roy

Pradipta Roy

Pradipta work as Software Engineer at Nationwide Insurance. His favorite pastime is watching old Hindi films and listening to Bollywood music. Originally from Bombay, he now lives in Columbus,OH, with his family.
Pradipta Roy

In this article, Pradipta talks about India’s liberalisation, its benefits to the country and people. The opening up of the India’s economy brought about a paradigm shift. The reforms did away with the License Raj, reduced tariffs and interest rates and ended many public monopolies, allowing automatic approval of Foreign Direct Investments in many sectors. The author revisits the […]

Govt. Fudging Figures to Misdirect People on Environment Protection

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

The Indian government has contributed to this fudging of facts to fool the people by reducing definition of forest cover to only 10 per cent tree cover over each hectare land. They now claim that forest cover has increased from 40.48 million hectares, in 1950-51, to more than 70.01mh in 2010-11, while actual dense forest cover is […]

AIKMS Conference Concluded Called for Intensifying Struggles for Peasants Nationwide

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

The third All India Conference of AIKMS concluded with a call to intensify peasants’ struggle nationwide. It condemned the government for its ennui and apathy towards peasants and tenant peasants and held the state machinery responsible for large number of farmers’ suicides. Here’s a report. The Third All India Conference of All India Kisan Mazdoor Sabha (AIKMS) concluded […]

III AIKMS Conference: Commoners Betrayed after Independence, says Prof Ravi Srivastava

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

On the second day of the delegate session of the third AIKMS conference noted economist from JNU, Prof. Ravi Srivastava, anguished that aspirations or better life among the common masses have been betrayed after independence. The egalitarian and the socialist ideas that had been adopted after independence and the structures that were built to implement them are […]

AIKMS Conference: Justice Kolse Patil blames Successive Central Governments for Deep Agrarian Crises

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

The proceedings of the third All India Conference of AIKMS began today at Allahabad. Justice Kolse Patil dwelt at length on how the policies pursued by the various ruling class parties in the country have pushed agricultural sector in to a deep seated crisis that has pushed hundreds of millions of farm families in the country into a […]

III AIKMS National Conference: Peasant Leaders Raise Voice Against Corruption

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

More than ten thousand peasants and peasant leaders assembled in Allahabad from different parts of the country. It The third national AIKMS conference is the first national conference of a peasant organisation in Uttar Pradesh. Peasant leaders from various parts of the country called for solidarity against feudal and corrupt forces that is gnawing the […]

BJP Betrays Farmers, ignores Saminathan Commission Recommendations

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

In 1990-91, a government committee headed by the renowned agricultural scientist MS Swaminathan had noted that more than half of the peasants have no land, while 54% of farm land is owned by just 3% farmers. He had recommended land distribution to the poor as the answer. But, successive governments have paid no heed to this. Here’s a […]

BJP-RSS Patriotism is Anti-farmer, Anti-worker & Anti-national

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

AIKMS trained its gun of the Hindutva forces, represented by the BJP-RSS combine, for forcing its brand of patriotism on the people. It continues to attack Muslims, other minorities and Dalits and has vitiated various university campuses around the country. The saffron party continues to be anti-poor, other than being anti-farmer and anti-worker. Apart from […]

Agriculture must be Liberated for Farmers to Flourish

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

The government is anti-poor. The ‘sweetener’ of subsidy is eyewash. Corrupt government and big farmers gain from it. Swarna Bharat Party president asked the government to implement the pro-farmer, pro-poor manifesto of the party. Swarna Bharat Party (SBP) president, Vishal Singh, said that Indian farmers live in a Kafkaesque world of self-defeating government interventions that are divorced […]

Modi should first make India makeable, says SBP President

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

To ‘Make in India’, India must first be made makeable. Bad governance, chronic inefficiency and corruption, unjustified regulatory barriers, delays in land purchase, and substandard  infrastructure are the malice that needs to be weeded out of the system permanently.   Vishal Singh, president of Swarna Bharat Party (SBP), said that India continues to under perform (relative to its […]

Full compensation for farmers and crops destroyed in hailstorm demanded

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

Farmers have to bear the brunt of natural calamities. The recent hailstorm destroyed their crops. AIKMS demanded full and adequate payment of compensation for the farmers. The agrarian sector has been neglected. Here’s a report. The central executive committee of All India Kisan Mazdoor Sangh (AIKMS) has expressed its deep concern at the massive damage to crops caused […]

‘Liberate India’s Mining Industry to Create Lakhs of Jobs’

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

The president of SBS, Vishal Singh, called for a reform of the Indian mining policy. He pointed out that this would help create lakhs of jobs. Here’s a report. Swarna Bharat Party’s (SBS) president, Vishal Singh, said that India’s mining policy needs a total reset. Each mines give jobs (including unskilled jobs) to hundreds, even thousands of people. […]

Budget 2016: Bonanza for Super-rich, Burden on the Poor Continue

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

Terming the Union Budget 2016 as anti-poor and pro-rich, Dr Ashish Mittal, of AIKMS, said that it has been reduced to jugglery of figures. Incomes are inflated to balance the expenditures. The Union Budget 2016-17 does not address any concern of economic growth or peasant distress, industrial stagnation or rising economic burden of joblessness, inflation, corruption, etc on […]

NPA Stifles Banking in India

Anirban Kar

Anirban Kar is a technology and business consultant, who has earned his education degree in two continents, the USA and from India. His work started from 2003 in TCS, and comprised
of various clients ranging across geographies. His area of interest is business modeling,
enterprise architecture and investment analysis.

The banking sector is plagued with non performing assets (NPA). Anirban takes a look into the evil that affect banks. The Indian banking system has gone through significant changes following the financial sector reforms. However, certain changes in the banking system mandate the banks to improve overall efficiency, by bringing down the non performing assets (NPAs), and improve […]

Does the Passenger-friendly Rail Budget Foreshadow the Union Budget?

Different Truths New Service

Different Truths New Service

DTNS stands for our stingers and reporters spread out in select cities, all over the world. The webzine, Different Truths, is fully responsible for the accuracy of the reports published under the DTNS byline.In all other reports, which bear the names of the authors/contributors/columnists, the views expressed are those of that particular author whose byline is mentioned in the report/feature/column.
Different Truths New Service

The Union Railway Minister, Suresh Prabhu, tabled a passenger-friendly budget in the parliament, on Thursday. He also gave due credit to the PM, Narendra Modi, for inspiration and vision. Here’s a report. The Rail Budget often foreshadows the Union Budget. The Union Railway Minister Suresh Prabhu set the keynote by tabling a pragmatic, customer friendly budget, on Thursday […]

What Plagues the Realty Sector: Issues and Concerns-II

Anirban Kar

Anirban Kar is a technology and business consultant, who has earned his education degree in two continents, the USA and from India. His work started from 2003 in TCS, and comprised
of various clients ranging across geographies. His area of interest is business modeling,
enterprise architecture and investment analysis.

Different Truth serialises the issues and concerns of the realty sector in India in two parts. Here is the second and final part of the series; an analysis by Anirban. In the first part we covered GPPP, and reverse auction, including forward contracts, and land pooling. Here we discuss proper legislation and land laws, affordable financing, and alternative […]

What Plagues the Realty Sector: Issues and Concerns-I

Anirban Kar

Anirban Kar is a technology and business consultant, who has earned his education degree in two continents, the USA and from India. His work started from 2003 in TCS, and comprised
of various clients ranging across geographies. His area of interest is business modeling,
enterprise architecture and investment analysis.

Different Truth serialises the issues and concerns of the realty sector in India in two parts. Here, in the first part of the series, we examine three major points on GPPP, Reverse Auctions and Land Pooling. Here’s an in-depth report by Anirban. The real estate sector in India is one of the fastest growing sectors in the […]

Agro Card: Will it be a Boon to Farmers?

Anirban Kar

Anirban Kar is a technology and business consultant, who has earned his education degree in two continents, the USA and from India. His work started from 2003 in TCS, and comprised
of various clients ranging across geographies. His area of interest is business modeling,
enterprise architecture and investment analysis.

Different Truths serializes JAMMAI that focuses on the development in India. An initiative of the present government, it’s an ambitious project. We hope that the blueprint on paper matches the political will of the Modi government. The fifth part of the six-part article deals with Agro Card. Here’s a report from Anirban. The fifth and penultimate part of […]

MGNREGA: Will it Empower Rural India?

Anirban Kar

Anirban Kar is a technology and business consultant, who has earned his education degree in two continents, the USA and from India. His work started from 2003 in TCS, and comprised
of various clients ranging across geographies. His area of interest is business modeling,
enterprise architecture and investment analysis.

  Different Truths serializes JAMMAI that focuses on the development in India. An initiative of the present government, it’s an ambitious project. We hope that the blueprint on paper matches the political will of the Modi government. Here’s the fourth part, MGNREGA, of the six-part article. Here’s an in-depth report by Anirban. The fourth topic in the JAMMAI […]

Mobile Applications to Revolutionise Rural India

Anirban Kar

Anirban Kar is a technology and business consultant, who has earned his education degree in two continents, the USA and from India. His work started from 2003 in TCS, and comprised
of various clients ranging across geographies. His area of interest is business modeling,
enterprise architecture and investment analysis.

Different Truths serialises JAMMAI that focuses on the development in India. An initiative of the present government, it’s an ambitious project. We hope that the blueprint on paper matches the political will of the Modi government. Here’s the third part of the six-part article, Anirban reports. We dwell on the third topic, Mobile, in the JAMMAI series and […]

UIDAI: The Aadhaar of Identity

Anirban Kar

Anirban Kar is a technology and business consultant, who has earned his education degree in two continents, the USA and from India. His work started from 2003 in TCS, and comprised
of various clients ranging across geographies. His area of interest is business modeling,
enterprise architecture and investment analysis.

Different Truths serialises JAMMAI that focuses on the development in India. An initiative of the present government, it’s an ambitious project. We hope that the blueprint on paper matches the political will of the Modi government. Here’s the second part of the six-part article. Anirban reports on the need for national identification number for the […]