AdminsRaj

Current Account Deficit(CAD) is an economic term where country's import exceeds the exports. So I was going through few of the data from tradingeconomics.com, where I found some good Insight which I would like to share with you all. So during CAD, a home country purchases the more goods from the foreign country because: 1) Either a home country lacks enough resources to produce. 2) Or a home country lacks the Skilled and efficient workforce to produce more goods in the International market. Both the reasons are general but there can be third reasons too which the country is saving its limited resources for future. As per the recent report, India's CAD is expected to touch $40 billion, or 1.5 percent of GDP(Nomura report), which is the huge number. Now the question is that what we import? Basically many things but the major portion is crude oil from Gulf countries like Saudi Arabia. Now this means that Saudis are depleting its limited oil resources while India is c...

A couple of months ago Government of India has had introduced the Financial Deposit Resolution Insurance bill which is envisaged to replace the activity of Deposit Insurance and Credit Guarantee Corporation (DICGC). Background: Earlier DICGC was supposed to provide the insurance of up to 1 lakh Rupees for the depositors, in case of any 'Bank run' kind of situation. Now, what FDRI bill offers for the depositor? Will it be different from DICGC?  FDRI brings two important things: 1) Resolution Corporation   2) From 'Bail out' to 'Bail in' Let me explain here: Resolution Corporation would constitute of the eminent experts(Specialist in Finance of course), who would monitor the condition of the firms based on a certain parameter which is: a) Low-Risk b) Medium Risk  c) High-Risk d) Imminent Risk   e) Critical This risk refers to how financially secure any firm is? When the clock parameter clicks the Critical then this Resoluti...

I would like to talk about the current burning issue on Rohingyas in Myanmar. Few question which pesters me. 1) Why Rohingyas are being ill-treated by the democratic country Myanmar? 2) How can we ensure that Rohingya's future generation be secure? Well to answer that, we must first go back in the history. In 1948, Myanmar gained independence from British and swiftly followed the democracy. But it was not very long, until 1962 when Military Junta government intervened. The democracy is one of the toughest ways to ensure stability in a short run, and so this Military rule necessitated due to enormous ethnic, religious tussle within a country. Rohingyas were one of such people who enormously suffered. Also, India-Pakistan 1971 War lead to many migrations of people in the people from Bangladesh to Rakhine state which further increased their number. But there is no denying this fact that Rohingyas were already living in Myanmar due to old British empire history. There is one...

Hey, Every Human of our beloved Planet Earth! &  nuqneH  in   Klingon to all other Artificial Intelligence or Extra Terrestrial Being! Greetings from Rajesh Kumar! I was Fashion Technologist previously worked as Industrial Engineer in Apparel Fashion Manufacturing Industry. Currently I am public administration student and civil service aspirant. I am going to start a new blog. It would be based upon daily related matters from the past to present to future. So I would be writing my personal view on some issues and look into it with the administrative angle and making it more congenial for our readers. I would love to have a two-way conversation with you as communication is essential for ensuring clarity(Chester Barnard). This clarity is essential for reaching our objectivity which ultimately is sustenance and progression of humanity. I hope I would do justice to this blog and you in particular. See you around!