Skip to main content

Posts

Showing posts from January, 2020

Vices

VICES  -by Arpit Sharma Now-a-days the lives of people have become very hectic; being in the office, busy with work till late night has sacrificed their social life. This has given the birth to New-age vices. Vices differ on the basis of time, gender, profession, and the preference of pleasure. Some vices are traditional in nature like alcoholism , smoking, gambling, consumption of drugs, etc. Some of the millenials common vices are having junk food, chocolates and ice candies etc.   Unknowingly, there is a direct relationship of the vices with business i.e. if the number of vices in a person increases, his consumption also increases which actually helps lots of businesses. Most of the businesses in this world are only based on our vices. For instance, the recent tagline of the Pepsi is “THAT’S WHAT I LIKE” which conveys that the company is encouraging customers unapologetically to do what they enjoy. Now doing what a person enjoys is acceptable but

Investment and Divestment

INVESTMENT AND DIVESTMENT By Arpit Sharma Unlike USA, Government in India owns and controls many sectors. Some of the companies owned by the Government are booking profits yet most of them are liability to government exchequer , moreover the profit makeing companies are also overstaffed and remains below potential compared to their private counterparts. In today’s scenario the government is sitting upon a huge growing pile of fiscal deficit and our GDP growth rate is also the lowest in the last 11 years. The government is in need of funds to invest in the priority sectors and also to reduce huge fiscal deficit. The government cannot increase the tax rate because if it does then it will make the condition of the corporates which are hardly surviving even worse. The Sudden demand of funds can only be met by smart divestment in some sectors in which the government is making losses and investing in the sectors which will help the government in boosting economic growth. A rec