Skip to main content

Posts

Let's analyze vision of Union budget 2022

Hello, friends! Today I gonna talk about Union  Budget 2022. This is a very important year for the Budget. Because if you'd recall, New India 2022, was a major campaign by the government for this year. They claimed that this year, 2022, would be the deadline for several promises. Every Indian would get a house by 2022. Each house would get a water connection by 2022. Every village would have 24*7 electricity by 2022. Farmers' income would be doubled by 2022. It was even said that bullet trains would be a reality in India by 2022. Because a New India was supposed to emerge by 2022. The year is here. And the Budget has been proposed for the year. So what does this Budget have for the middle-class? How many dreams would become realities? What are the boons and banes of this Budget? Come, let's find out in today's blog. According to the Finance Ministry, this year's Budget focuses on creating a blueprint for India's next 25 years. We were talking about India @ 75 ti...

Thought on Economics part 4 : What If I talk about Tax Free India ?

Hello, friends! Imagine, our Prime Minister appears on the TV tonight to make an announcement. "Friends, to protect you, to protect your family, tonight, midnight onwards, the Income Tax in the country will be abolished." "Ta-ta, bye-bye." "No citizen would have to pay any income tax any longer." "India would now become a 0% Income Tax country." Good news for all citizens. Don't you find this quite unrealistic? But it is not unrealistic. Because BJP MP Subramanian Swamy supports this. He says that to revive the economic growth of the country, Income Tax should be abolished. There are several countries in the world where no personal income tax exists. But for a large country like India, is it possible to do this? If yes, what will be its pros and cons? Come let's try to find out in today's Blog.. "In the upcoming budget, the Government can make drastic decisions. "Personal income tax and Simplification of taxation." ...

Is Higher Inflation cause for concern ?

As the world recovers from covid19 it's now economies that are running hotter than predicted the economy is experiencing a very strong recovery we brought this economy back from the brink but with growth has come a surprising Change inflation soared to its highest level in over a decade in April the biggest month over month increase in September get this 2008. the sharp increase in inflation blindsided many economists almost no one saw it coming inflation is the least predictable it's been for a long time probably for decades but is this high inflation just a temporary blip or could it spiral out of control it's the most important question for the global economy at the moment. Inflation is when prices rise over time that'll be a dollar sixty-five please not that much it's when items and services from bananas and belts to housing and heating cost more than they used to meaning you get less bang for your buck keeping inflation steady is a balancing Act most rich-world...

How did Mismanagement lead to the Downfall of AirIndia?

Hello, friends. You won't believe it, but there was a time when Air India was considered one of the best airlines in the world. The level of luxury travel and world-class food, and the interior decoration of the planes was so amazing that even Singapore Airlines took inspiration from Air India. But today, the situation is so terrible that after hundreds of millions in losses, the government is forced to sell off this airline. To Privatize it.  Why did it happen exactly?   And how did Air India become an exalted airline at one point in time? Come, in today's blog, let's get to know the interesting story of Air India. "Of India's several airlines, the largest, Air India, is Tata controlled. Operating over 6,000 miles of routes, it has built up an excellent reputation for efficient operations. Established in 1932, the airline connects the large cities of India, and now maintains international service reaching London." "Jet travel has brought East and West...