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Economy

Social Responsibility towards Saving Lives: How India Sailed Together through the Stormy Second Wave

By Rahul Banerji
, Published On: June 11, 2021

While COVID-19 has changed the world as we know it, the impact is far from over. The virus has devastated lives, economies, families, relations, and physical and mental well-being. Like most nations, India too has been severely impacted by this pandemic. The first wave in India was controlled and managed well with a long and stringent lockdown, as the Government was trying to figure out the possible ways to fight this virus. Inventing vaccines, strengthening the health infrastructure, providing ration to hundreds of million people for months, and working aggressively towards optimum utilization of resources to get prepared for the…

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Experiencing Power Cuts? – Switch to Solar Inverters

By Ashad Mofiz
, Published On: February 17, 2021

Solar energy is one of the most reliable and robust sources of renewable energy available to mankind today. Countries around the world are banking on solar based energy solutions, not only to meet rising energy demands but also to combat climate change and arrest environmental degradation. This global increase in demand for solar energy has given rise to the demand for all key components for setting up a solar plant. The most apparent component of any solar plant is the solar PV modules which harness the sunlight to produce solar energy. However, the electricity generated is not readily usable and…

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CSR towards a More Sustainable Future – Sustainable Development Goals

By S. Biswas
, Published On: October 26, 2020

Corporate social responsibility is practiced with the intent of giving back to communities and creating positive and enduring socio-economic value for them. It also can be described as the responsibility of the corporate sector towards society at large. A large part of corporate players makes sure to allocate a separate budget for CSR activities. Over the decades, Corporate Social Responsibility in India is not just for the namesake but is a demand of our times. Through its sincerity in CSR initiatives, corporate players have also proven that their business goes beyond and can contribute towards a better tomorrow in these…

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Harnessing the Potential of Uttar Pradesh for an Aatmanirbhar Bharat/Self Reliant India

By Sandeep Bhattacharjee
, Published On: October 20, 2020
aatmanirbhar Bharat

“The journey of an Aatmanirbhar Bharat begins with Uttar Pradesh” After assuming power for a second consecutive term in 2019, the newly elected Government of India announced an ambitious target of making India a USD five trillion economy by 2024. Achieving this target for the Indian economy that currently stands at USD 2.8 trillion would have required significant efforts even during a business-as-usual scenario. The hurdles have multiplied with the arrival of the COVID-19 pandemic and projections of a contraction in the GDP for the year 2020-21. The Government is aware of the challenges that besiege the economy in achieving…

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Covid 19: India’s Opportunity to Emerge as the Nerve Centre of Global Supply Chain

By Bonita Gupta
, Published On: May 24, 2020

Post-COVID Paradigm Shifts Never before has mankind experienced disruptions as unprecedented as it is facing under the disparaging cloud of COVID-19 pandemic which has enveloped the entire world. While major shifts are taking place individually at the micro level, there is an underlying uncertainty and threat surrounding the world economy at the macro level, which brings back memories of The Great Depression and the 2008 Financial Crisis. China being the epicentre of the pandemic has led to a deadlock situation as the country has been the central hub in global supply chains, especially in major industries such as pharmaceutical, automobile,…

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A Peek Into The Indian Economy: Q1 2019

By Manaaf Riza
, Published On: August 19, 2019

The democratic verdict was pronounced by the people of India in May 2019, empowering the BJP to continue leading the reins of the country. The prime minister, humbly accepted a second term in office and took on an ambitious and herculean task of building, a $5 Trillion economy for the citizens by 2025. Though the GDP growth decelerated to a 5 year low, at approx. 6% in the first quarter of FY20, the ambitious goal has received the admiration and support of several industrialists. However, a quick look at economic indicators suggest that, industrial production has been struggling for over…

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