Unpacking the Challenges and Charting a Path Forward The notion that increased employment within individual families could paradoxically lead to higher unemployment elsewhere may seem counterintuitive. Yet, this phenomenon, known as the “job displacement effect” or “multiple job-holding effect,” poses a significant challenge to achieving a truly inclusive and equitable economy. Understanding its mechanisms, potential […]
Before the coronavirus pandemic, the Indian economy was struggling to grow. According to the official statistics, in the first quarter of 2020, GDP was 3.1%, but during the lockdown, the Indian Economy shrinks to 23.9% in the next three months ending in June. Also, India’s performance is the worst among G-20 countries. While the USA
Is the Indian Economy Heading Towards Depression Read More »
Global Inequality and Poverty Global Inequality and Poverty: Rich-poor gap wide, millions live in poverty. Progress was made, but the pace slowed. Before the industrial revolution, most of the people used to work in the agriculture sector. Industrial Revolution had a huge impact on inequality between countries. But, I would like to focus on economic
Nine rules of Personal Finance that every individual should know: Rule of 72 (Double Your Money) Rule of 70 (Inflation) 4% Withdrawal Rule 100 Minus Age Rule 10-5-3 Rule 50-30-20 Rule 3x Emergency Rule 40% EMI Rule Life Insurance Rule
Types Of Unemployment Unemployment refers to the condition when a person does not find any work for livelihood, the person is called Unemployed. Following are the various types of Unemployment. Read about Unemployment In India and Possible Solutions
Why Farmers are Important to the Indian Economy? Our Indian farmers are the founders of the country’s civilization. The farmer of India is called Annadata. The farmers of our country work hard in every season and produce “food” for the people of the country. If our farmers stop working in the fields, then a food
When we think about the Indian farmers, we think about the nation builders, the backbone of the Indian Economy. The farmers own less than 1 hectare of land and turned into marginalised although agriculture supports 60% of total employment, it contributes only 17% of GDP. Condition of the Indian Farmers Every day we read about
