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Son lies to leave tuition class

Showing his utter irresponsibility, the father asked his elder son, why did you not move to the Computer Class in the evening? This particular class takes place at a roadside building in a famous area of Jajmau Town.   Humbly, the elder son replied with all the sense of confidence that there was no class on that particular evening. Having listened carefully, his father was overheard saying, Oh! There was no class today. However, the sharp-minded son lied to his father with great confidence.  Though Generation Z willingly endeavours for the right cause, this particular case has proved that lying is also a great quality inherent in them.  Is it instantly acceptable to skip the computer tuition class just to avoid the falsehood altogether? In actuality, the young chap did not venture to the Computer tuition class for his friend, who did not go because of his severe headache.  He normally accompanied him, so he made this significant pretence at the time.  Makin...
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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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