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Let's Understand How Delhiites lose their Democratic Power #GNCTD Bill

  Today we gonna talk About Highly Controversial GNCTD Amendment Bill . Imagine that I tell you that I am changing the definition of the word 'Government'. From today, 'Government' will have a new definition.  "Government" would not mean those politicians elected by you. From today, "Government" would mean our friend Bholu. You heard that right, an individual whose name is Bholu.  whom no one voted for, who never ran for an election from today, he will be your government. You may vote for your party to be in power but it would not make any difference because in reality, the government will be only Bholu How does it sound? Isn't it weird? But in reality, something similar is happening in Delhi. The Government of National Capital Territory of Delhi GNCTD Amendment Bill, 2021 was passed in Lok Sabha on 15th March and in Rajya Sabha on 24th March. What is in this new Amendment Bill? This law basically amends the powers of the Delhi government and the...

Thoughts on Economics Part - 2 : Capitalism

Welcome to the 2nd Partof the  Thoughts on Economics . In the first Blog I talked about Communism . Today let's talk about Capitalism. What is capitalism exactly? How successful was it? Or did it fail? Let's find out. The word ' Capitalism ' comes from the word Capital which means Money. Or any type of wealth. Whether you have houses, cars on land, they are your capital. In the last Blog I gave you the basic definition of Communism. It is a society where every person works according to his ability and receives according to his needs. If we have to define Capitalism similarly, Capitalism is a society where "from each according to his ability, To each according to his capital." A society where every person works according to his ability but they get returns according to their capital. The person with the most capital will get the most profit. After knowing the definition you'd ask me:  "What kind of a society is this?" "Where a person who has ...

Thoughts on Economics Part - 1 : Communism

  Communism! Capitalism! Socialism! Liberalism! You must have heard these words quite often. But do you know the real meaning of these ideologies in its true sense? What has been their impact on our world? What are their advantages and disadvantages?   Welcome to a Thoughts on Economics Part - 1 Blog where I will try to explain such concepts, topics and things in a simple language, about which we talk frequently, but hardly anyone amongst us has tried to go in-depth to understand their meaning. I would like to start this series with today’s Blog which is on Communism. What are Communism and Communist ideology? In one line, communism means, “From each according to his ability, To each according to his needs.” Meaning a society, where every person works according to his ability If one person is more fit, is muscular and can lift heavyweight, then he works according to his own ability. If another person is a little weak, is disabled and cannot work extensively, then he too w...

Analyzing Delhi Government 2021-22 Economic Budget

Delhi's Deputy Chief Minister Manish Sisodia presented a Rs 69,000-crore Budget for financial year 2021-22 on  Tuesday. Sisodia announced 75 weeks of  programmes starting March 12th to celebrate  India's 75th Independence Day in what he termed the "Deshbhakti Budget". Delhi Presents Its Fourth Status Report of Outcome Budget (2020-2021) : 1. The Revenue Department setup 1914 Hunger Relief Centres, many of them at Government schools, which remained operational for 3 months. 2. A total of 71 lakh existing ration-card holders received free ration from April until November 2020.  An addi tional 60.4 lakh non-ration card holders were provided free ration in the months of April and May 2020. 3. A total of 60,042 oximeters and over 3,000 oxygen con centrators were provided to patients under Home Iso lation. 4. 18,718 COVID hospital beds, 8,273 beds at COVID Care Centres and 882 beds at Covid Health Centres were provided to Corona patients in Delhi,  out of which only 1...

She Empowers You

Power is defined as the ability to influence the behaviour of others with or without restraint. The extent to which a person or group holds such power is related to the social influence they can wield. Noted French fashion designer Coco Chanel quoted, “A girl should be two things: who and what she wants”. A woman’s quest for equality with man is a universal phenomenon. What exists for men is demanded by women. Almost 50% of the world’s population is women, so treating them equally gives an impetus to the development of the society as a whole. The man of the house is traditionally considered to be the breadwinner of the family and the woman is considered to be the homemaker. Tradition and culture are considered to be the two big impediments for women empowerment. Women Empowerment is understood as a very narrow term in today’s world. It may be understood as enabling people, especially women to acquire and possess power resources in order to make decisions on their own or resist decision...

What is Inflation and How is Inflation related to Unemployment and other Economic factors ?

If I gave you a hundred rupee note in the year 1958 and you kept it hidden under your bed for 60 years And if you took out that note today and used it in the market, then the value of that note would have reduced to a mere 1 rupee 20 paise in comparison to 1958 Let me explain it to you from another angle, if you did not understand If you buy something worth 100 rupees today, it would have cost 1 Rupee 20 paise back in 1958 That is 100 rupees of today is equal to 1 rupee 20 paise of 1958 This is because of inflation. Inflation means dearness of things that makes things costlier for all of us every year Why does inflation occur and what are the reasons behind this? Is it really a bad thing? And how is inflation related to unemployment and other economic factors? We will talk about all of this in today's Blog where I will explain this "ghastly" inflation to you Come, let us see First of all, a very important question- Why does inflation happen and who is causing it to...

Deepdive to Budget 2021

A budget such that was never seen in the last hundred years is finally here .So what is there in this budget for a middle class common folk? What things will be cheaper for you and what will be dearer? Apart from this, what is there in this budget for businesses, start-ups, farmers and workers? Come let’s get to know all of these things in this  Post .  There was definitely one thing in this budget which had never been seen before! Older budgets used to come in some physical paper form in a briefcase or a khata but this time, for the first time, budget came in a digital tablet. The word “digital” remained the keyword for the entire budget presentation. It was repeated again and again.  But if we talk about what matters, then this time the government is going through a serious issue, the economic crash caused by Covid-19 crisis. Businesses were shut down and many jobs were lost.  And many experts believe that the government needs to increase its expenditure to revive ...