Aspirations

REMINISCENCES  OF  GROWING  UP  IN  A  LPG”ised (Liberalized, Privatised and Globalised) INDIA!!!! I  grew  up  in  an  LPG’ised  India.Early  morning  today  while  browsing  through  Radio’s  FM’s  to  tune  the  song  of  my  “choice”-I  felt  a  déjà-vu. I  am  not  used  to  hearing  FM’s  but  I  do  remember  fondly  the  days  when  AIR  was  tuned  in  to  hear  the  morning/evening  news  and  special  shows  in  the  weekends.  Those  were  the  days  where  AIR  was  the  default  option  of  entertainment  for  most  of  us. Today, in a  relatively  small tier-II city  like ranchi-we  a...

                                                      Gender Inequality Gender inequality   refers to disparity between individuals due to gender . Gender inequality   is defined  both socially through social interactions and stratifications  as well as biologically through differences in  chromosomes and hormones. It is the unequal distribution of a society’s wealth, power, and privilege between females and males. Around the mid-nineteenth century until nowadays, three beliefs about women and men have prevailed as part of biology or evolution. “One, men and women have different psychological and sexual natures, two- men are inherently the dominant or superior sex, and three – both male female difference and male dominance are natural.”   Considering these three beliefs, women experience gender inequality in diff...

Dear Santa On this Christmas ,Please gift this world-Peace , prosperity and may good sense prevail. In 2011, the world witnessed excessive turmoil and chaos. Thank You for bestowing strength to “THE PROTESTORS” on the streets of  the MENA region  to stand up for their rights and for the cause of their nations. Thank you for spreading the fragrance of JASMINE all around ….but I earnestly hoped that  this fragrance would not have been marred with so much of violence! The devastating Tsunami and the subsequent Fukushima nuclear disaster in Japan inflicted so much pain and distress to the fellow brethrens . Give them strength to bounce back with a bang. The world was shackled in webs of economic problems.Be it the US Debt crisis, the EURO crisis, the flight of capital from the emerging economies , the subsequent contagion and speculation, the wide display of “ANIMAL SPIRITS” pervading the world Economy or the Practicals of the theory of the policy of TRILLEMA of Macroeconomi...

India’s Endogenous     Institutional   Challenge   of   CORRUPTION on   her    65 th   Birthday! When   Jawaharlal   Nehru   addressed   the   nation   at   midnight   of   14 th   August   1947   with   his   famous   ‘TRYST   WITH   DESTINY   SPEECH” ,our   country   was   succumbed   to   several   tectonic   pressures   and   hindrances. We   were   left   with   a   debilitated   Indian   story   after   more   than   200   years   of   British   Rule. Under   such   conditions   it   was   the   dreams   of   our   leader’s, the   aspirations   of   we   Indian’s   and   the   zeal   and   passion   of   one   and   all ...

Every time I try to comprehend the intricacies of Economic theory in terms of its application in Indian economy …I get bewildered as many assumptions seems hazy when applied…My today’s experience@marketplace in Ranchi(capital city of Jharkhand) was one amongst many. Ranchi is comparatively a small or micro model to analyse as compared to big metropolitan cities of Bengaluru, delhi, Mumbai….but nevertheless this micro observation of mine made me reanalyze the dynamics of market forces. Today india celebrated Akshaya Tritiya – a hindu/Jain  festival . The word "Akshaya" means  the never diminishing  in Sanskrit and the day is believed to bring good luck and success. Nowadays jewellers have turned the purity into a marketing gimmick. The day is considered auspicious for purchasing gold or jewellery( as it is believed that it will bring prosperity for life). I was really moved from the morning itself  with the whole page advertisements by Jewellers (with attra...

T he union Economic Budget 2011-12 was a mixed bag.I would say Balanced Budget. (Though it was deviod of the bold  reform  measures  but yeah in the present economic scenario-national and international economic scenario this was expected and was rational) Some features which attracted me the most were- -->Road map towards fiscal consolidation(quite impressive target of 4.6% if achieved ) -->Reduced market borrowing by the Government (3.43 lakh cr ) which would avoid "crowd-out" of the private investment. -->A move towards further integration with the world economy (in terms of allowing foreign funds in Indian Mutual Fund). -->Reforms in Infrastructure financing (30,000cr Tax free Bonds+ long term fnance (corporate debt market)+ take out financing, foreign funds allowed fr this sector with some tax exemption) ...still a long way to go to meet this infra deficit. -->I also found the increase in salary for Anganwadi workers and helpers as a positive step....