India – Page 13 – NICKELED AND DIMED

Banking Instability in The Digital Age

This article will explore how low levels of public confidence coupled with the recent advancements in digital technology has accelerated the pace of bank runs and subsequently, bank failures in major Western economies.To survey this phenomenon, the article will assess the major reasons shaping the current distrust, with the handling of the financial crisis of…
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Tracing Chinese Influence In the Indian Subcontinent

As the power vacuum in the Indian subcontinent becomes bigger, both the Chinese and Indian governments attempt to seize the role of regional hegemony. The regional hegemonic order is also of prime importance to other powers. India, for one, attempts to preserve its regional power, and it is in the interests of both India and…
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Structural Re-adjustment: IMF and Austerity

In the wake of the COVID-19 pandemic, countries in the Global South have accrued debts to tackle the global economic downturn and humanitarian crises. With debts becoming unsustainable in regions like Africa and South Asia, the impending fears of defaults have led to such countries resorting to the help of the IMF for providing emergency…
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Critical Analysis of the Finance Bill, 2023

he Finance Bill aims at achieving a “saptarishi” framework which includes empowering green growth, infrastructure and investment, inclusive development, youth power, financial sector, unleashing the potential and reaching the last mile. Each amendment as proposed by the bill was made in order to reach these inclusive targets so as to grow the Real GDP to…
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High Prices: An Economic Phenomenon or Capitalism?

In recent years there has been a significant increase in prices of FMCG goods. This article will try to understand the reasons behind the increase in the prices, how it is affecting the economy, why the companies are trying to increase prices and if this is a sustainable way for the companies to grow.
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The Role of Reward and Punishment in Major Religions

This article explores the concept of reward and punishment for good and bad actions in major religions. It highlights how this idea defines the attitudes of followers and helps establish ethical and moral standards. How it can serve as a nourishing elixir for the soul or a poisonous venom that infects and harms society. The…
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How Business Interests Fueled India’s Division

This article explores the economic aspects of the Partition of India and the role of businessmen in this historical event. It highlights the fact that businesses with valid economic rationality tended to be in favour of the partition, regardless of religious affiliation. The article examines the rise of communalism, not only on religious lines but…
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India’s G-20 Presidency: A Shift in its Foreign Policy

India’s incumbency in the G-20 presidency reflects its new profound focus on issues of economic and social importance. Such issues were previously covered within an umbrella foreign policy, with now the mantle set for India to lead the global summit, it marks a transformation of Indian diplomacy and foreign policy.
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An Erring Association of Nationalism and Religion Since Independence

There is a rising rate of communal and religious violence in India since the last few years. The deeply ingrained yet unresolved question of who a “real” Indian is has been the driving force behind this religious upheaval. In this essay, I’ll highlight that, despite the fact that secularism was a major topic of discussion…
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Partition and the Ideological roots of Pakistan

Although partition has remained a much-talked-about topic of discussion, its ideological roots before the reinvigoration of the Muslim League led by Muhammad Ali Jinnah are rarely discussed. While partition was not inevitable, its roots were nevertheless not spontaneous. This article argues that Jinnah merely utilised the two-nation theory propagated by extremist elements with a history…
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Penning the Revolution: The Progressive Writers Movement and its impact on India’s Freedom Struggle

The Progressive Writers Movement in India was a literary and cultural movement that took place in the early 20th century. It aimed to bring about social and political change through literature by highlighting the problems faced by the working class and marginalised communities. The movement was influenced by Marxist ideas and advocated for a socialist…
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The Good Migration: Food During the Partition Period

The partition of India was a horrific incident that caused mass violence and bloodshed. Communities that had lived together for hundreds of years took up arms against each other. Millions of people were forced to migrate and leave their livelihoods behind due to an unanticipated and reckless move from the Britishers. But with this migration…
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