Posts

Showing posts with the label GS IV

Press Information Bureau

annus horribilis 2020 :: a year of disaster or misfortune

 Catastrophic climate events including major bushfires in Australia, US. Tropical cyclones devastating floods in India, China, Nepal, Japan - washing miles of fertile soil, displacing livelihood ex. Bihar floods Climate Change Outbreaks of violence Persian gulf crisis deepens with killing of Iranian General & Iraqi Commander by US Drone attack in January. Assassination of Iranian Nuclear Scientist Bloody civil wars in Afghanistan, Armenian-Azerbaijan, Central African Republic of Congo, Syria, Iraq, and in Ethiopia between Ruling Government and TPLF ( Tigray People Liberation front) Rohingya Muslims fleeing their home in fear of ethnic cleansing, Wuhan Virus spread, COVID 19 and its mutants pandemic unplanned Lockdowns across world, Abrogation to special status of Jammu and Kashmir, and its bifurcation, Shaheen bagh Protest  against Indian Citizenship Amendment Act, mass protest in US against Racial killing by police amids pandemic, Farmers agitation amids pandemic at Delhi...

Combining Welfare and Growth is a key for success.

  The rapid decline in growth rates (2018-19 and 2019-20) triggered the rise in unemployment, the pandemic made it worse and the unplanned lockdowns exacerbated the situation. 130 million persons lost their jobs or livelihoods. The abiding lesson of 2020 is that a nation will suffer if there is a decline in three measures — work, wealth and welfare. work is pleasurable, enhances esteem, earns rewards and determines one’s standing among peers and in the society-at-large. By last count, the unemployment rate in India was 8.7 % (CMIE, December 22, 2020) . In between, there are people who do not wish to join the work force and there are people who are home workers who are not counted as part of the work force.  If the GDP grows, wealth is enhanced, and the average share of a citizen in the pie (per capita income) is larger. A combination of unemployment and slow (or negative) growth will impact welfare.  Food, healthcare and social security are indeed important, but welfare g...

One does not cut off one's head because of headache

 One does not cut off one's head because of headache.