Based on social experiments and field observations, Nobel laureate economist Dr Abhijit Banerjee’s coherent vision about the impact of antipoverty policies is quite influential in the domain of policy economics. Grounded to basics, his concept of the ‘Poor Economics’ offers a distinct idea on how psychological and social complexities affecting poverty. This article discusses the core concept of Dr Banerjee’s method of fighting global poverty by informed decision making.
For the first Budget 2019-20 of Modi 2.0 Government, the silver lining was it’s overseas borrowings plan, reduction in fiscal deficit target and recapitalization of PSU banks. Fiscal prudence was taken well by the bond market. The equity markets however, were unimpressed on buybacks (untaxed before, being now taxable) and lack of sops for the hurting sectors.
Kathmandu is the city of many stories. It's colourful and very lively. Every corner has its own story to tell to the visitors who come to the city. But, most of the people in Kathmandu don't know there is a refugee community living in the city. The concern for the refugees got into the focus of attention very recently-when Rohingyas escaped to Kathmandu. Here are some untold stories of the refugees from Myanmar who aspire for a dream to have a secured and settled life to come true one day! My...
The demand for power-generating plants has been increasing regardless of several appeals in energy conservation. Factors such as urbanisation and industrialisation propel the need for energy production (Singh, 2015). Consequently, it increases the need for cooling water at various steps during energy generation procedures. In general, water bodies, such as rivers and ocean were often used as key sources to meet the in-satiated demand for cooling water. Water drawn into power ...
India is among the few nations that have an unbroken history of conducting fair and regular elections. While the credit of a sustained electoral politics goes to the citizens of the country, the definition of a citizen has itself remained debatable and is likely to determine the course of 2019 General Elections.
Electronic voting machines have transformed the system of voting world over. The machines have undergone multiple changes since its inception and even today continue to evolve. In India, EVMs have ensured free and fair elections which are essential to maintain the democratic culture of the country.
While debates around the relative advantage and disadvantage of electoral systems have usually centred on First-Past-The-Post and Proportional Representation Systems, both these need to be revisited in the context of India.
Sunlight being plentiful in India, the country has the potential to meet its energy needs through renewable sources of energy. While India has been slow in adopting solar energy, it is presently catching up.
Economic activities in the Indian Ocean Region show enormous potential for growth. However, these are likely to come with major environmental costs that are currently not under consideration.
Energy consumption in India has increased greatly since the 1980s, but domestic production has remained sluggish. Renewable energy now offers a remedy to the low domestic production levels.