Pradhan Mantri Sahaj Bijli Har Ghar Yojana 2017 (SAUBHAGYA)
The Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) was launched in October 2017
The Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) was launched in October 2017
It is conventional wisdom to hail Manmohan Singh as the author of India’s economic reforms. This is misconceived. That credit goes to PV Narasimha Rao. Only a prime minister can strategise and execute a paradigm shift in the nation’s economic policy. He would need a number of technocrats to carry out that job intelligently, and Manmohan Singh, as Rao’s finance minister led a team of able technocrats, among whom we should note the likes of Montek Singh Ahluwalia, Shankar Acharya and C Rangarjan at the Reserve Bank of India (RBI), India’s central bank. To call Manmohan Singh the author of economic reforms is like saying that contract manufacturers Foxconn and Pegatron make the iPhone, and not Apple.
The year 2025 marks the 200th anniversary of passenger travel by rail. While horses used to drag heavy loads along parallel rails, initially of wood and later of steel, at the beginning of the industrial revolution, the arrival of steam locomotives changed transportation forever. On September 27, 1825, a locomotive built by George Stephenson pulled 11 wagons of people and 20 wagons of coal a distance of some 26 miles from Darlington to Stockton along steel tracks (these places are about two hours by car from Manchester). That inaugurated travel by rail.
The markets are flat. The rupee is down against the dollar, not so much because the rupee is weak — the real effective exchange rate of the rupee, trade weighted against six currencies, shows appreciation — because of the rise of the dollar against major currencies. US growth is robust, at the moment, and the resurrection of Donald Trump, with his promise of tax cuts and protection for US industries, has braced US stocks, relocating some equity funds back home to the US.
TK ARUN Should the Central Provident Fund Commissioner be sent to jail? He is culpable of multiple offences: one, contempt of the Supreme Court, two, administering mental torture to about 17 lakh pension applicants who have applied for higher pension,…
The philosophy of the Blue Economy (BE) was first introduced by Prof. Gunter Pauli in 1994 at the United Nations University (UNU) to address the needs and challenges of sustainable growth amidst the multifarious threats posed by global warming.
Unfortunately, politics, law and economics are likely to converge to ensure that the brunt of the Adani bribery case befalls the Indian economy and consumers. To avoid that, public consciousness about corruption and cronyism needs to be raised.