Skip to main content

Education - A Weapon

“ Education is the key to unlocking the world, passport to freedom”                                                     Oprah Winfrey What separates humans from animals is the ability of humans to write, read, learn and teach . This centuries-old accrued knowledge is called “ education ”, which makes humans the smartest creatures on the planet earth.  The basic measurement for education is called the rate of ‘literacy’. The global adult literacy rate is 86%. 75%of the world’s illiterate population lives in South Asia,West Asia and sub-Saharan Africa. Women account for two -  third so fall the illiterate adults of the world.The literacy rate of India is 77.7%(2017-18). In  the modern world, the meaning of ‘education’ is structured knowledge of our society in various disciplines – history, mathematics, polity, economics, various...

Monetary Policy

 

The RBI has clearly sought to talk up confidence ignoring the risk of inflation.



RBI's latest monetary policy is focused more on economy revival rather than increased inflation rate. This is an optimistic approach towards improving the economic conditions of the country. Since the pandemic hit the country, there has been a continuous downfall of economy due to long and strict lockdown that stopped all the work pausing financial activities across the country. Now that situation is returning towards normalcy it is needed to foster the economy by providing more employment and job opportunities to the people and resume the stagnant growth of the economy. More employment will improve the financial activities and mitigate the impact of lockdown that caused a great loss to GDP of the country. The risk of inflation is also needed to be focused but it can be stay put for a while because reviving economy is more beneficial than cutting prices of commodities. If there will more jobs and employment than the inflation rate will reduce with time but without jobs and unemployment across the country, cutting prices and providing essential lower rates would not be possible for the government and not be useful. Hence this step towards economic growth through the latest monetary policy is more reasonable and will definitely have positive effects in future.

Comments

Post a Comment

Popular posts from this blog

Education - A Weapon

“ Education is the key to unlocking the world, passport to freedom”                                                     Oprah Winfrey What separates humans from animals is the ability of humans to write, read, learn and teach . This centuries-old accrued knowledge is called “ education ”, which makes humans the smartest creatures on the planet earth.  The basic measurement for education is called the rate of ‘literacy’. The global adult literacy rate is 86%. 75%of the world’s illiterate population lives in South Asia,West Asia and sub-Saharan Africa. Women account for two -  third so fall the illiterate adults of the world.The literacy rate of India is 77.7%(2017-18). In  the modern world, the meaning of ‘education’ is structured knowledge of our society in various disciplines – history, mathematics, polity, economics, various...

"A stich in time saves nine"

The farmers' associations from the nearby states abutting the border of the capital city,Delhi, have hunkered down near the Delhi border in a hope of getting their fears and uncertainties satiated and alleviated related to the new farm bill passed hastily by the centre. The farm law that existed prior to the centre's amending it had many loopholes that were going against the progress and development of the agriculture sector. The intention of the centre might be healthy but the way it has  dealt with it ,  made it face opposition from the farmers across the country due to the centre's lacking in addressing the misconceptions related to it that had lead to developing a sense of fear and precarity in the minds of the farmers that are undoubtedly the backbone of our Indian economy which at this juncture is battered due to ongoing Covid - 19 pandemic. To be breathe in new life to the agricultural sector and ultimately making the farmers self supportive who throughout these year...

Love...Jihad

  E very country desires to progress and establish a place of respect, superiority with respect to power and stability on the global arena, abiding to the constitutional freedom and laws that guarantee respect and recognition to citizens  residing in that country.  The government of the country should certainly strive hard to ensure law and order must be put in place , by not allowing the growth of terror groups and seeing to it that  peace and tranquillity is established across nook and cranny. Over the centuries, casteism and religionism has prevailed in India. Despite several laws, the social stigma for interfaith marriages still exists in the Indian Society. Recently, several state governments have shown concerns about enacting proper laws to stop marriages which they refer to as ‘ Love jihad ’ and UP Chief Minister Mr. Yogi Adityanath have already passed the ordinance related to it. However, these laws over interfaith marriage (the relationship build up between ...