Skip to main content

Featured

Eyes widened instantly

This is something rather unique  without any tint of doubt indeed. Most importantly, it is not far from untroubled reality. Some very expressive people often indulge in criticising others for their small or big imperfections.  It continues through all valuable passing time, despite comprehending the moral fact that never allows us to criticise others for even the slightest faults. How many of us really follow this very fine hint? We, as humans, seldom show any sort of shame in quickly criticising others for their apparent faults or certain ingrained unusual habits.  As he was waiting for the lift to come down on the ground floor, he did not stop to openly criticise particularly certain women for using the use of lift most of the time.  This remained his close assessment about all those certain ladies who used the lift most often; he went on saying with complete confidence. However, his face turned pale when he saw the lift loaded with women from his family. was ...
Post a Comment
Read more

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.

Comments

Post a Comment

Popular Posts