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Showing posts from May, 2020

Birth-Days: An introspection

Why do I want to write about it? Maybe I want to compare this experience in years to come. Perhaps I want to introspect about happening around day in a better way, or it might just be that I want to write about something. So the day started at midnight with a video call from the usual group of friends. One question which haunts me is that is it always so that every person has some group of friends with whom they are always in contact, who seems to do it for the sake of love, with no second thoughts attached. I do not know. Was I expecting a call from them? Yes. How would have I felt had they not called me? Sad possible. In childhood, I remember, it was not friends who used to wish me first but parents. So, when did this happen, that friends’ wishes became more important than parents’? Maybe college life changed the dynamics of relationships; I became closer to friends. I, too, remember that there were some groups of people in school also who used to make me feel special by wishin...

Are current Govt efforts enough to revive economy?

India has tried to revive the economy by giving a boost to the supply side. Many times when the problem of demand-side comes, the government attempts to resolve this by fixing the supply side, and this, in turn, sets things. But the current scenario is unique; usual methods might not work. To analyze this problem, we need to divide customers based on their disposable income and suppliers by their industry. For daily wage workers, laborers, vendors, workers on contract, and for some regular wages workers whose jobs got effected due to Covid-19, there will be a lack of demand. And, since in India the majority of the workforce is under an unorganized sector, this cohort may amount to more than 90% of the population and more than 50% of disposable income (rough idea). In the near future, too, it will be hard to come back on track, and even if they do, there will always be the apprehension of job loss, and hence disposable income will be hugely affected. For the rest of people, maj...