2020 Economic Survey | Chapter- 1 | Wealth Creation: The Invisible Hand Supported by the Hand of Trust
India’s dominance as global economic power for three-fourths of economic history manifests by design. Kautilya’s Arthashastra postulates the role of prices in an economy (Spengler, 1971). Historically, Indian economy relied on the invisible hand of the market with the support of the hand of trust: Invisible hand of the market reflected in openness in […]
Current Affairs for UPSC IAS Exam – 1 February 2020
Contents: CEA sees growth rebounding to 6% WHO declares coronavirus outbreak a global emergency Crop dusting with drones is illegal, says Centre Needed: fewer regulations for startups A chance to chart China-like export trajectory Thalinomics: the formula behind one square meal Budget 2020: Archaeological Sites set to be developed CEA SEES GROWTH REBOUNDING TO 6% […]