There is a very widespread myth among Indian citizens about Education. Since 1947, Indian Govt is trying to achieve the goal of education for all.
In 1947, the population of India was about 36 million. In 2007, it rose to 112 million.
Adult literacy rate of India is 61.8% that means; now we have more than 36 million of illiterates.
Let’s see how viable is the idea of education for all?
If India is 100% educated with reading/writing skills to everyone, which educated guy will clean the toilets, work on the construction site, do the entire blue collar labor which do not require that much education? Continue reading

The Nobel Laurete Paul Krugman, in his shockingly offensive article has put forward some solutions to the present economic crisis- Each one of them wrong and a dangerous step to take. He says that the non-financial economy is too desperately need of “help”. “The government should spend and spend. Let fiscal responsibility

Cost-Push Doctrine

The believers of the cost-push doctrine think that an increase in demand would not raise prices in a situation where unemployment exists. They think that it would lead to more employment and hence, more production. They blame the price rise on some arbitrary

Oil and commodity prices are soaring. Inflation has reached a sixteen year high. As the thief who cries “Catch the thief!” the politicians are blaming it on everyone else, except their own policies. Economists are placing the blame on a food shortage. Everywhere, the effect is being confused with the cause.

Sainath is a journalist with a difference. It is not just that he travels and writes from his experience. It is also that he is utterly incapable of integrating his experiences and hence, writes like a socialist club woman. He, in his shockingly offensive article, laments about the sad plight of workers and of the benefits which NREGA (National Rural Employment Guarantee Act) has showered on them.

Take a look at a person who invests $5 million dollars in bank for 10 years, and he earns (at 6%) $300,000 per year, a salary good enough for a 5 years exp project manager in America. You might say, that man is not working at all, and he is living off the interest. This is no labor, but here is the thing, he is deferring his enjoyment of those $5 million dollars. He is surely getting $300,000 every year, which is a quite a large sum of money and he is surely enjoying that too, but if he uses that $5 million dollars he can do a zillion things, he can buy a big house, a big yacht, a helicopter and scores of other things. BUT he is not able to do all those thing, for next 10 years. He is simply waiting, the 5 million dollars are right now being used by someone who needs it, and using it to make more money.

He is doing the labor of waiting. Continue reading

“I work for nothing but my own profit—which I make by selling a product they need to men who are willing and able to buy it. I do not produce it for their benefit at the expense of mine, and they not buy it for my benefit at the expense of theirs. I do not sacrifice my… Continue reading

Despite of the difference between basic democratic system of India and America there’s something very peculiar and common in between the politicians of the two countries.
And that peculiarity is in… Continue reading

Recently, there were debates and talks over reservation for the Dalits (SC/ST) in private sector in India.
It is a well-known truth that in social democracy, hopes and optimism works a lot. It is just an example of the sarcastic Utopian world of “The Brave new World” of Aldous Huxley. The… Continue reading