Some facts and my personal take! Karl Marx, born in 1818, was a German philosopher, economist, and political theorist who profoundly influenced the field of social science. His ideas and writings have had a lasting impact on the world, making him one of the most influential figures in modern history […]
Economy and Development
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Socialist India and the Nehruvian Thought
India gained its independence from British rule on August 15, 1947. Jawaharlal Nehru became the first Prime Minister of India. Nehru was a westernized, secularized individual who was inspired by ideas related to socialism and social democracy. This period in Indian politics saw almost no, or otherwise negligible, inter-party competition. […]
Economy and Development
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Cashless Economy and UPI In India
A cashless economy is one in which the flow of cash is absent (or in practice negligible), and all financial activities are conducted through electronic mediums such as credit/debit cards, Unified Payments Interface (UPI), National Electronic Funds Transfer (NEFT) etc. Such economies have several advantages: There are also disadvantages like […]