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Showing posts from February, 2016

Pre Budget commentary FY 2016-2017

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Pre Budget commentary FY 2016-2017 This article was a part of an article writing competition at my college. It lost out on the number of likes on facebook, but came 2nd in comments from judges. Current Fiscal Health of India India’s public debt to GDP ratio in FY2015 was at 67%. It is the highest amongst the developing economies of the world. The figure is still away from a sustainable level so as to make available precious public resources for developmental purposes. India’s fiscal deficit is also on a downward trend, but is expected to miss the target of FY2015 of 3.9% of the GDP With the tax revenue target of Rs 14.49 lakh crore likely to me met and 2.21 lakh crore received in the form of non tax revenue (90% of the target), India is expected to meet the overall revenue targets for the previous budget. (Source: http://www.tradingeconomics.com ), www.financialexpress.com ) Failure/...

Plato and the TV

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If you have been hiding under a rock for the past few months, you are really lucky. If not, and you follow mass media (digital, print and social) like myself, you must have formed some opinion regarding the current affairs in polity, economics or entertainment. Taking a stand is always associated with un-quantifiable and absurd virtues like courage, strong leadership and some other skills which you think can help you clear an interview. But when it comes to media today, rather than being opinionated, one should question the veracity of what is being shown. This post, focuses on the news provided by the digital media; Basically just TV plus the numerous videos of the TV shows on social media. At this point, it is important for the reader to understand Plato's Allegory of the cave . But before that, some important points to remember about Plato are that: 1. His ideas pertain 2400 years before this post. 2. He lived in a society where oligarchy and democracy were fighting for ...