Dysfunctional Parliament                                                                                                                                                               :Sandeepan Need of a Parliament Civil society in India has a large number of organisations- the media, social associations, neighbourhood groups, all kinds of professional lobbies, non-governmental and non-profit organisations, philanthropic bodies, social and political movements and trade unions where each claim to represent the interest of their members. But political representatives…

Demonetisation -A gamble or panacea

Demonetisation -A gamble or panacea

Demonetisation -A gamble or panacea The demonetisation is an attempt to eliminate black money besides countering the phenomenon of counterfeit currency. The govt. also declared that it is also for switching to digital transactions. Though demonetisation effect can’t be known in short term but its yardsticks can be decided beforehand for evaluation.   Money disappearance:…

The Black economy

The Black economy

The Black economy The money which is earned by evading taxes is termed as black money. The people who resorted to black money have been penalised by 25-50% due to demonetisation. But, they will soon find ways to use the new currency illegally. Hence, now is the need for policy which sets higher vision to…

Fiscal Policy ,Explained

Fiscal Policy ,Explained

Fiscal Policy ,Explained   What is Fiscal Policy? Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation’s economy. It is that part of the government policy which is concerned with raising revenue through taxation and deciding on the amount and purpose of…