#economy

Baltic Countries and their economic transformation

Baltics, also known as the Baltic States is comprised of three countries including Latvia, Lithuania, and Estonia. The three countries are situated on the eastern shores of the Baltic Sea. In […]

Rate this:

Trade Cycle

Trade cycle or business cycle refers to cyclical fluctuations in economic activities like employment, income, prices etc. It is a characteristic feature of capitalist system. In a trade cycle, there […]

Rate this:

Land Reforms in India

Land reforms refer to the efforts made by the government to reform the ownership and regulation of land. Land reforms play a great role in the rural agrarian economy.During the […]

Rate this:

Why Human Development?

Human development refers to the process of widening people’s choices, freedom and opportunities as well as raising the level of their well being. Human development focusses on the enlargement of all human choices whether economic, social, cultural or political.Economic growth or development alone cannot guarantee human development. This is because […]

Rate this:

PRIVATISATION : PROS AND CONS

Privatisation refers to the process by which the government transfers the productive activity from the public sector to the private sector. It is basically the transfer of ownership from the central government to the private sector. A vast majority of economies have been supporting privatisation and have launched massive privatisation […]

Rate this:

The unheard cry of manual scavengers

“Democracy is not merely a form of Government…It is essentially an attitude of respect and reverence towards fellowmen.” The above words were uttered by an impeccable leader, who stood against colonisation bravely, Leader, ‘B.R Ambedkar’ Which is perfectly suitable for a cruel system of manual scavenging which still engages in […]

Rate this:

PUBLIC DEBT

Public debt refers to the accumulation of annual budget deficits. It is basically the amount a country owes to lenders inside or outside of itself. Public debt is the sum of internal or external debt. The former refers to the public loans floated within the country while the later refers […]

Rate this:

Income Inequality in India

Income inequality refers to the unevenness in the distribution of income throughout the population. In India, income inequality has emerged as one of the major economic problem and is increasing. According to World Inequality Report 2018, inequality in India has increased substantially from the 1980s onwards. The top 0.1 per […]

Rate this: