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economics

Hidden Costs

Economics is not just about financial comings and goings within markets: the ‘unpriced’ or non-market services that the natural environment provides us with are equally its concern.

IMF and India

In the ever-fluctuating realm of economics, forecasts serve as guiding stars for policymakers, investors, and citizens alike.

Education 4.0 Need of the hour

The evolution of education can be traced down from the stage/era/time of Education 1.0 where the students were the passive recipients and teachers were authoritarian. The approach followed was teacher-centred and the usage of technology was merely a pipe dream.

Welfare Economics

Ms Bhattacharya’s Rs 3.21 lakh crore budget is riveted to continuing the welfare schemes, even extending them to cover a wider net. Specifically, priority has been accorded to ensure social safety for the poorest of the poor in West Bengal. After all, the state has been on the cusp of poverty for as long as it has.

China & Nepal

The expanded trade had not helped Nepal not the least because it contended with a huge deficit. China has now restricted the issue of visas to Nepali traders who have been forced to place orders virtually. Many traders have complained that they have been shortchanged in terms of quality as they had to place orders virtually.

Subaltern Economics

The RBI-appointed KV Kamath Committee, which worked out the financial parameters for loan restructuring, has concluded that 72 per cent of banking sector debt worth Rs 37.72 lakh crore was under stress. Further, according to the Committee, the coronavirus pandemic is not solely responsible for the stressed loans; Rs 23.71 lakh crore, or 45 per cent of banking sector debt, was already under stress