Category Archives: Economic News

When Bangladesh is an example for India

Manasi Gopalakrishnan

Manasi Gopalakrishnan

The increasing discrimination between men and women in different countries can be understood from the ‘World Gender Inequality Index’ of the World Economic Forum. It’s shame full for them to see the index who thinks that India is progressing in all sectors.

This is the report of a Manasi Gopalakrishnan journalist of the South-East Asia region in Deutsche Welle. According to Mansi, the culture of other countries of south Asian countries is similar to India. In all these countries, women are imposed varieties of obligations. Women have to give quite a bit of labor in household works. They learn this culture from their paternal house and have to follow in their husband’s house. In India, women are always compared with Sita or Shoti. In India ‘Ideal Indian Woman’ means she will remain in the house, will always think about the respect of the family and will follow the society and culture. Continue reading

First-finance budget of Modi government submitted in India

First-finance budget of Modi government

First-finance budget of Modi government

Coming in power with huge majority Narendra Modi government submitted their first-finance budget to the parliament yesterday. During the submission of budget for the 2014-15 financial years, Finance Minister Arun Jaitley claimed that, the budget would encourage the growth of the economy and reduce the deficit in the treasury, and it would make the economic wheel functioning again.

Mr. Modi’s main issue in the election campaign was economic development – and in this background of his government’s first-budget today industrial corridors, stock market and common people have given a positive response.

The main slogan of Modi’s vote promotion was – ‘Acche din aane wale hai’; it means good times are coming soon. But this good time does not mean one after another popular announcement of the government, but to be prepared for some unexpected decisions, Prime Minister himself made it clear after coming to the power. Continue reading

New Debate over Foreign Investment revoked in Retail Business

Retail Business Delhi

Retail Business Delhi

Delhi Chief Minister Arvind Kejriwala is under debate for taking the decision to revoke the foreign investment for the retail business. Most economists are thinking it as a wrong decision. This will increase unemployment and food price hike. And they will affect the interests of customers.

Newly elected Aam Aadmi government acted imprudently by not giving permission for running foreign retail business in New Delhi. For this decision employment will not increase, customer cannot protect their interests, even there will be uncertainty in opening the international market ‘chain’ policy. Including these, the world wills receive wrong messages.

The decision is taken as the time when many companies were planning to invest in retail business by placing Britain’s Tesco, the multi-brand agency in India for the economic revival in the world. Many economists are thinking that it is a red signal for this country’s economy, and human struggle will weaken against the inflation for this red signal. Continue reading