BY NIDHI SINGH Agriculture is undeniably the backbone of the Indian economy. This sector fulfils the food requirement of the country and is the primary source of livelihood for almost 58 percent of the total population (as per 2018). Despite all these contributions to the economy, the sector has continued to face problems and issues... Continue Reading →
Germany’s Economy under Angela Merkel in hindsight
BY NANDINI LAHOTY Merkel became the first female Chancellor of Germany in 2005 and is serving her fourth term. Angela Merkel has served as German chancellor for 14 years. If she stays in office until the end of the current legislative period, she will draw level with Helmut Kohl, who was also chancellor for 16... Continue Reading →
COVID-19 and the Resilience of European Economy
BY SAMIKA DAGA The European Union seems to have mimicked Arya Stark’s (fictional character from popular television series, Game of Thrones) approach to the challenges she faces in her life, while dealing with this costly and crushing Coronavirus pandemic. Despite the plunge that European nations faced in the initial stages of the spread of the... Continue Reading →
The Differential Impact of COVID-19 on the three economic sectors
BY MUSKAAN CHOUDHARY The current pandemic has proven to be life altering, more so negatively than positively for most of the world. COVID-19 started tightening its clutches on the world since the very beginning of 2020, leaving numerous countries under dire consequences. On the brighter side, humans slowly started adapting to the changes. Our society... Continue Reading →
Public Sector Banks : The Road to Post Pandemic Recovery
BY SAMIKA DAGA An inadvertent constituent amongst the countless victims of this Covid-19 virus, are the Public Sector Banks in India. They entered the tragic Covid-19 economy already quite vulnerable with an ever-rising level of sticky loans, and will, in all likelihood, be exceptionally affected. All the several sectors that banks normally lend to such... Continue Reading →
Lessons from COVID-19 : The importance of a digital global economy
BY RASHI LOHAAN Let’s face it, one of the biggest boons to come from COVID-19 has been that we as humans can finally be lazy in our own homes all day long and there will be no questions asked. While on one hand, humanity is constantly looking for comfort, on the other hand, there is... Continue Reading →
Implications of the American labeling of Hong Kong’s Exports as ‘Made in China’
BY SHASWAT KUMAR Establishing regime and supremacy has always been a culture of independent America, Russia, China and many Western European countries. And to promote that they have sometimes initiated cold wars and trade wars. America and Republic of China are having a trade war from 2018, especially after the Donald trump government has taken... Continue Reading →
The Need For Comprehensive Poverty Estimation
BY OAISHIK BHATTACHARYA During 2004-05, when the Suresh Tendulkar committee was formulated under the aegis of the Planning Commission, a shift in methods of measuring poverty was suggested. The Committee submitted its report in 2009.The Direct Method for Poverty estimation was suggested. The Tendulkar Committee Report made two key observations: First being, "the Poverty line... Continue Reading →
Book Review : Joseph Stiglitz’s The Price of Inequality
BY OAISHIK BHATTACHARYA The scope of this article is to review the critically acclaimed book "The Price of Inequality" written by Joseph.E.Stiglitz. The book published in 2012 was written amidst global protests that erupted and engulfed various governments in pushed them in throes of revolution. Joseph.E.Stiglitz a staunch critic of the Neo-Liberal order doesn't mince... Continue Reading →
How did we calculate poverty in pre-liberalization India ?
BY OAISHIK BHATTACHARYA With a population of 1.3 billion people, India, is a thwarted tale of two societies, "the haves" and the "have-nots". This startling tale of disproportionate income distribution and wealth accretion has been at its lurid best ever since the Coronavirus pandemic lay siege on Indian shores. The nonchalance of the "haves" coupled... Continue Reading →