The Union Human Resource ministry is already on the way to restructuring the education syllabus. This is already in the news. It is known that a large number of academicians are already vocal about the complete interference in making syllabuses for higher education. They think that the variety of sy...
Henry Clay, an American politician, made use of the phrase “statistics are no substitute for judgment” to describe the use of data only to emphasise the fact without getting considerate about its relevance. However, this phrase is rightly applicable to the ongoing GDP estimation debate in India....
United Bank of India which is headquartered in Kolkata has partnered with SREI Equipment Finance Limited, a leading Non-Banking Financial Company (NBFC) to finance the MSME/agriculture sector.Under this arrangement, the UBI will leverage its low cost of funds to co-originate and co-lend the lo...
The theoryOne of the important classical development theories of economics is based on the Lewisian views which suggests that the traditional or the informal sector gradually reduces with the processes of industrialisation, urbanisation and modernisation. The theory states that the informal sector o...
Bangladeshi leader Sheikh Hasina has swept back to power in the recently held general elections in the country. Hasina’s Awami League led alliance has won 288 on seats out of 298 seats in the Bangladeshi Jatiya Sangsad (parliament). Bangladesh Nationalist Party (BNP), the main opposition party, ha...
After nose-diving to a five-year low of 6.7% in 2017-18, India’s GDP growth is projected to grow at over 7% in 2018-19. Most of the GDP growth projections by international development bodies and domestic analysts are showing a sharp rise in GDP in 2018-19 followed by an equally if not higher, grow...
Minimum Support PriceIn India, the Commission for Agricultural Costs and Prices has recommended Minimum Support Prices (MSP) for 23 agricultural commodities. On the basis of that recommendation, the central government announces MSPs at the beginning of the sowing seasons.The MSP is a form of market ...
The worst for India’s banking industry may be over. It is expected that banks have already disclosed all their restructured assets. Therefore all the NPAs have been revealed. New slippages, but nothing significant, may occur. But that always happens in businesses. There may be financial problems i...
The Indian agricultural sector was adequately focused in the first Five Year Plan and its performance was impressive. But the second Five Year Plan emphasised industrial development under the stewardship of P C Mahalanobis. The plan emphasised establishment of heavy industries and decided to take fo...
Dear Readers,Indian Economy: After spending 2017 in coping with the after-effect of the seriously flawed demonetisation, in 2018 the India Economy was affected by demonetisation, deeply flawed, un-pragmatic, the inefficient implementation of GST, unrealistic rules and regulations for Banks by RBI, G...