Category Center for the Study for Finance and Economics

Science, Technology and Public Policy

On the 9th day of the one-month certificate course on Fundamentals of Public Policy, Former Ambassador, Dr.Bhaskar Balakrishnan presented a lecture on “Science, Technology and Public Policy”. Dr Balakrishnan began his lecture by introducing the idea of science as a basis of knowledge of nature.  He touched upon the importance of science and technology in the present world, its impact on society and economy, and the disruptive power it wields. He discussed how S&T is crucial for the development of several developing nations, by lowering the cost of development through the use of appropriate and efficient scientific interventions. He highlighted the role of S&T ecosystems in governmental offices, regulatory agencies, civil societies, business communities etc. 

Is feel good real in India

The ruling party is in election mode with daily pronouncements about how well the Indian economy is doing and benefitting not just the well-off but also the poor in the country. It has claimed a big reduction in poverty in India. It is stated that the Indian economy growing at about 7% is the fastest growing large economy in the world. Further, inflation is said to be tamed and employment generation robust, in spite of global head winds due to the Ukraine war and the pandemic.

It is claimed that India has weathered these global storms better than most rich countries, so, it has become `Vishwaguru’. The Presidency of G20 has been cited as evidence of India becoming a dominant player on the world stage. It is claimed that India’s stock in the world has gone up since it is getting respect from other countries and its stand on various world affairs like, wars in Ukraine and Gaza, is being appreciated. Another sign of good performance is stated to be the desire of major world corporations to invest in India.

Empowering Women through Financial Inclusion: The Lakhpati Didi Scheme, 2023

It is commonly recognised that women's economic empowerment accelerates social advancement and sustainable development. In India, where gender inequality still plagues society, programmes such as the Lakhpati Didi Scheme have become important tools for addressing these inequalities.

BJP and Congress Align Closely on Economic Policies, Highlighting Consensus in Indian Politics

The dichotomy between their economic stances is dubious; the difference is in politics and in shaping the social coherence essential for the economy to function.

Social media is awash with spurious claims of the intrinsic merits and contrast between the economic programmes of the Congress and the BJP.

The BJP is pro-growth, the Congress stands for welfare and redistribution. The BJP is pro-market, the Congress is socialist. The BJP makes India more attractive to foreign investors while the Congress will drive investors away.

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