Posts

Showing posts from June, 2021

EASE OF DOING BUSINESS

Image
  Ease of doing Business is an index published by the World Bank. It is an aggregate figure which includes the parameters which define the ease of doing business in a country.Talking about India,it has significantly improved it's rank in the tally of ease of doing Business meaning it has jumped from 142nd position in 2014 to 63rd rank in 2020.India is offering it's land to all to all aspiring startups.This jump has been as a result of India's steps and  reliefs which it has  offered to the businesses which include:   1. Starting a Business-One major step in this regard was merging the PAN and the TAN which facilitated easy and smooth entry of businesses in the Market.The Government also improved the online application of getting these both numbers, 2.Getting credit and resolving insolvency-The Insolvency and Bankruptcy Code passed in 2016 offers 6month time bound methodology to resolve bankruptcy. 3. Paying Taxes-The Government of India has also reduced the corporate...
Image
 India is one of the fastest growing economies in the world,with a population count of more than 135 crores but India is facing a major employment crisis which has even more worsened in the Pandemic which has struck the whole world hard.In 2012-13 India's unemployment rate was 3.2% which increased to 5% in financial year 2016-17.People can argue that this rate of employment is normal for a country having the second highest population in the world.The main issue is that for a country where 1.2 crore people enter the workforce each year,the pace of job generation remains stagnant. In India when the NDA came into power it promised to erase poverty and unemployment but what happened is completely opposite, jobs in the government sector are reducing rapidly.Millions of students in India are in the race of getting a government job.For example,Vacancies in SSC and UPSC have taken a dip and are in the process of falling further. In this Covid Pandemic India like the entire world has been a...

CHINA'S POPULATION GAME

Image
  China's Three Child Policy has got the attention of the entire world and has forced them to think on China's plan to expand it's population again.Lets first understand the history of China's Population policies,In 1979 the Communist party of China Introduced the One Child Policy.The main goal of this policy was that China does not outpace economic development due to population growth and also to ease and relax natural resources challenges and imbalances.  Later on in 2013 China relaxed the policy and introduced the two child policy which allowed couples to have a 2nd child if either parent was the only child.Experts argue that this policy decreased the number of first child births,Economists also suggest that focus should be on reducing the child rearing cost rather than simply relaxing birth quotas.  Now in 2021 amidst the Pandemic China has introduced the 3 Child Policy which aims to improve China's population structure,actively respond to ageing population and ...

THE NORTH EAST HUMILIATION.

Image
Upsurge of Racism Against the Northeast Indian People. Stigmatising  people who come from the Northeast to the big Metropolian Cities was a common incident reported by many victims,but recently due to surge in the covid-19 cases all across the country people have distanced themselves from the residents of the Northeast region saying that they are Chinese,the carriers of the virus.It is so unfortunate in our Country that the Northeast people who constitute a significant part of our population are treated as inferior and different. As per a recent interview by the RRAG Director, he remarked that people from these states were being slandered with terms like "chinese", "corona",are being spat at and are being forcibly quarantined even after they do not show any symptoms of Covid-19. Recently a Youtuber was caught by the police as he remarked and made racist comments on a MLA of Arunachal Pradesh.He also termed the state as part of China and not a part of India. In all, ...