Would you trade off Democracy for any other System?

There is a popular opinion that, having a democracy for a poor or low income country is a trade-off. We would have to forego faster growth for democracy. But, if you ask me, I wouldn’t trade democracy for any other system in India. I believe that, prosperity and democracy can never be separated from each … Continue reading Would you trade off Democracy for any other System?

Poverty, Related Concepts and Its measures

In this chapter, we will discuss Poverty and certain things around it. What is Poverty? How the perspective about Poverty has changed over the years? Various Definitions of Poverty, The Concepts of Absolute Poverty and Relative Poverty, Measurement of Poverty – various methods and committees; Causes of Poverty; Linkage between Growth and Poverty reduction; Non-income … Continue reading Poverty, Related Concepts and Its measures

The Goods and Services Tax (GST) regime aims to re-shape India’s economic landscape benefiting various stakeholders, while also making it an easier place to do business. Comment

Approach: Introduce with transformational aims of GST Discuss how various stakeholders benefit from the GST regime and the impact on doing business Mention some challenges with GST Conclude appropriately Answer: The Goods & Services Tax (GST) is aimed at a simplified, assesse-friendly tax administration system in the country with a paradigm shift towards ‘One Nation, One Tax, … Continue reading The Goods and Services Tax (GST) regime aims to re-shape India’s economic landscape benefiting various stakeholders, while also making it an easier place to do business. Comment

Will India abandon No-First-Use policy?

A nuclear strategist from the MIT, said, “There is increasing evidence that India will not allow Pakistan to go first.” Since then, there has been speculation among the strategic circles that India might reconsider its no-first-use strategy. Let us analyse the different aspects of it.  Evolution of India’s nuclear doctrine Homi Jahangir Bhabha, the pioneer … Continue reading Will India abandon No-First-Use policy?