Economics views - where advanced economics ideas find you

         All countries  central and state governments needs 5 strong departments for best economic performance.  1. Police department -  all countries need a well trained police force. Subjects of knowledges various type of financial fraud & cheating offenses should be covered properly. Investigation work of police  should neutral from political and other interferences. Police should work for applicants welfare & provide them good advise for awareness. Amount of recovery & precious metals gold like, which police recovered from accused deposit them bank account so earning of interest will help department modernisation. This all released after court order. Many these amount kept in police loker room for long times. 2. Judiciary department - Judges should be time bound of any complaints/ case decision within 2 years neither state should pay penalties to applicants. When governments want tax on time then it's duty of the judges to giv...

       Present time many enterprises are stressed. Many time there bank loan restructured or declared NPA ( non performing assets = bad loan). If we see the possible reasons then lack of management, lack of finance, government policies, technology changes and many more but today we will discuss about government policies which are forcing enterprises in stress. 1. Authorisation of Indirect tax department, GST  ( GOODS AND SERVICES TAX) portal is unfair department giving permission to those people who are already defaulter. 2. Once a enterprise sell there goods & services on credit then they have to pay GST 3B on time either they have received payment or not. 3. GST portal have not any option to stop out put of the GST either he haven't received payment.  4. GST portal must add a option of the payment received or not on GSTR 1 return bill wise so if payment not received then GST will not transfer on B2B ( business to business sell) transaction either firm...

         Present time in India government allows reservation for schedule caste, schedule tribe, other backward class, economic weaker section and others. This is creating unsatisfation to those students who scored  more marks then selected students but unselected in thier category merit list. I have suffered lot of this reservation system.  Presently a new category classified in general category who are Economically Weaker section. EWS Present time reservation in union ( central government )  examination is this type - 1. Scheduled caste - 15% 2. Scheduled tribe - 7.5% 3. Other bacward class - 27% 4. Economical weaker sections - 10% 5. Women reservation running in states 6. Physically challenged class 7. Other many classes and sub classes  When Government notify governments jobs and professional course seat exams then all type of classification mentioned there. A.      When government giving jobs or exam seat to any category c...

 Present covid-19 virus hitting all countries and economic activities become slow so all governments tax revenue decreasing heavily so governments are facing problems on expenditures side where many expenditures are fix  and others are essential if government cut these expenditure then recession will more effective in future and disturbs all stake holders in the countries. Thus all governments are borrowing huge money to manage expenditure. What will the outcome of this step in future that governments have to pay money with interest so after 5 to 10 years governments need more tax resources to pay loans. First this method is partial beneficial for economy.  Presently Quantitative easing programme adopted  by developed countries to meet up expenditures & developing countries also waiting for more foreign currency inputs so they can print new indegenous currency. This programme is unclear about future earnings of public.  Second for boosting economy mostly all...