Encourage entrepreneurship for a better economy

Jul 24

Any economy depends on manufacturing or agriculture or other services it is providing. But for a better economy there is a need to create more jobs thereby increasing revenues o the companies as well as the country. One important task that needs to be done to revive the economy is to encourage fresh engineers and...

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Emergence of new Econometric Methodologies

Apr 26

There was a time, when economic analysis was dependent totally on the foundations of logical interpretation. As time moved on, introduction of mathematical tools nearly changed the face of economics. One of the major innovations in the field of economics is the econometric analysis, which was based on statistics and...

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Do We Need Civil Revolution?

Jun 04

The word ‘civil’ refers to the common people and their needs and concerns. Therefore, the term ‘civil revolution’ means struggle of the populace to overcome the odds associated with the social and political grounds. However, this kind of revolution comes when the young generation stands at odd ends with their...

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A Recapitulation

May 22

There is general recognition that the dire poverty of the vast millions in the country is the major reality of our economic life. The general tendency has been to assume that the problem of poverty will be or should be solved as a by product of the pursuit of economic growth. Even where it is recognised that this is not...

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The Public Sector

May 21

The ownership and control of the material resources of the community are so distributed as best to sub serve the common good and ensure that the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment. The elasticity that these statements provide...

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Policies Meant to Change the Structure of the Economy

May 21

That poverty and unemployment are closely related to the structure of the economy and hence can be dealt with effectively only through appropriate structural transformations has been recognised from the time when serious discussions of the problems were started. A report maintained that under the planned economy...

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