In a developing country like India, the prices of medicines, in most cases, are higher than what they should be. But the determination of affordable prices of essential medicines is not very easy. This is because the producers of medicines argue that it involves a huge cost in R&D to produce vit...
The present acting Finance Minister (FM) of India Piyush Goyal has recently expressed his ambitious target for the performance of the Indian economy. He thinks that the GDP growth of India will enter double digit figures in the coming four quarters. This achievement, according to him, will be driven...
It is a common misconception that any sort of agricultural development programme in India only means increase in production level helping the poor and marginal farmers by several government initiatives. To supply the farmers cheap inputs, enhancement of irrigation facilities, cheap loans, developmen...
Cryptocurrency is a digital asset designed to work as a medium of exchange. It has been a growing matter of discussion among a section of people as there has been an opportunity of financial gain by trading it and using it as a medium of exchange around the world. National and international media ha...
On the basis of the recommendations of the Ashoke Mehta Committee, the Panchayati Raj Institutions (PRIs) got constitutional status in India by the 73rd Amendments of Indian Constitution in 1993. The 74th Amendment, at the same time, was for urban local bodies. After 25 years, what’s been the succ...
Ashoke Mitra was a rare breed among the Bengali intellectuals. Even weeks ago before he died on May 1 at the age of 90, he was writing articles for his magazine which he established in his late years.He was born in Dhaka, capital of present-day Bangladesh. In his early life he picked up ...
In India, the Commission for Agricultural Costs and Prices recommends the minimum support prices (MSP) for agricultural commodities (currently for 23 products). On the basis of the recommendation, the Government of India announces the MSPs at the beginning of the sowing seasons. The MSP is a form of...
The present LDF government of Kerala is proactive about providing social securities to its migrant labourers. As many as 15 lakh migrant workers, mainly from Odisha, Bengal and Assam, work in the state. The estimate of workers made by the Gulati Institute of Finance and Taxation, Trivandrum, is much...
For about two weeks, the Union Finance Minister, Arun Jaitley, has been expressing his satisfaction over the turnaround of Indian economy. This has been the case, particularly after the Central Statistical Office’s (CSO) upward revision of the gross added value (GVA) and gross domestic produ...
A few days ago, two reports found prominence in most of the national newspapers. One way the IMF’s forecast on India’s bullish GDP growth performance (7.4%) in 2018 and the other was India’s abjectly poor performance in the Inclusive Development Index (IDI)). The Index shows that India stands ...
