The ‘Butterfly Village’ near Ganguly Bagan, 4No. Bidyasagar Colony of South Koktata, is a brainchild of an old man of South Kolkata, Parimal Dey. Dey is a veteran politician and social worker. The specialty of the ‘Butterfly Village’ is that the houses of the locality are similarly painted i...
Last September the Donald Trump government imposed import tariffs by a huge amount, $200 billion, mainly on Chinese goods to curb Chinese imports into the United States. Trump reportedly announced, “If China takes retaliatory action against our farmers or other industries, we will immediately purs...
Efficacy of subsidy to farmers, rich or poor, has been a long and important matter of controversy among economists and policy makers not only in India but also in most countries of the world. In India many experts believe in lessening subsidy to agriculture and instead enhancement of investment in s...
The trade war, rising rupee exchange rate, rising current account deficit, and the like have been major topics of concern for Indian economy watchers. They have sparked contentious political debates. While these are important issues, the larger focus on employment generation should not get diluted.T...
In October, each year, the Global Hunger Index (GHI) is published. This year, India ranked 103rd out of 119 countries- down three positions from last year. Some of her South Asian neighbours fared better with Nepal ranked 72nd and Bangladesh 86th. India is now known for its high GDP growth at 7% and...
India reportedly has signed very recently an $5 billion deal to purchase the S-400 air defence system from Russia. A Russian news agency TASS has confirmed that the deal was signed. India is one of the biggest importers of defence items of the world. Huge imports involve outflow of foreign currency....
The Sveriges Riskbank Prize in Economics also known as the Nobel Prize in Economics of 2018 has been awarded to two American economists, William D Nordhaus of Yale University, New Haven and Paul M Romer of NYU Stern School of Business, New York. Nordhaus has been awarded the prize “for integ...
Another step for bank amalgamation has been on the fore. The finance ministry of India is going to amalgamate three PSU banks, Bank of Baroda, Vijaya Bank and Dena Bank. After merger the new bank will be the country’s third largest bank. What is the reason behind the merger? The big banks ma...
Minister of Science and Technology Dr. Harsh Vardhan inaugurated the India International Science Festival 2018. He chose The Council and Scientific and Industrial Research (CSIR)-Central Glass and Ceramic Research Institute at Kolkata for this inauguration. On a query about fall of opportunity and a...
The NDA government under Prime Minister Narendra Modi launched a flagship programme to provide all the urban poor people “a pucca house with water connection, toilet facility, 24x7 electricity supply and access". In pursuit of this, the union government launched the Pradhan Mantri Awas Yojna for h...