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Annual Eid celebrations

Clearly, the main activity of the annual Eid celebration remains attending a relative's residence. On this particular occasion, relatives make sure to see each other at home.  They are amused by a wide variety of dishes. The sweet flavour of the most significant meal, sewai , seems to be blending with joy and celebration. Even so, traditional recipes are significantly altered for the celebration.  During a visit to a relative's home, it became more apparent that not only did the dishes on the table resemble those of a five-star hotel, but also...  The golden-coloured cutlery placed on the table created the illusion of an upscale hotel. Each item placed on the table served as a reminder of the refined and opulent way of life.
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Technology & growth


C. Rangarajan, ex-Governor, RBI, in his recent address, said that technology has given impetus to economic growth. Saner Economists estimate that the growth that the developed countries have put down in the last 150 years or more was possible only because of progress in technology.

He maintained, “I would say that a growth between 7-8 per cent will take it closer to a developed economy, because as per the definition of a developed economy, per capita income should be US $ 13,000 or more."

Currently, India's per capita income stands at US$2700. This means that per capita income will have to increase five times,”  he added.

Rangarajan further said that innovation cannot be the only means to eliminate poverty and inequality. 

He pointed out that apart from a faster growth rate, the country may also need social security and subsidies in the form of cash and basic income.

He let out that if the exchange rate is kept at a low level or the prices increase then the income will increase, only then India can become a developed nation.

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