Vivek Kaul's Blog, page 5

Matthew Effect of Covid Pandemic: Rich Got Richer and Poor Got Poorer

In 1968, sociologists Robert K Merton and Harriet Zuckerman, came up with the concept of the Matthew Effect of accumulated advantage. The term takes its name from the Gospel of Matthew, which points out: “For to everyone who has will more be given, and he will have abundance; but from him who has not, even ...

Read moreMatthew Effect of Covid Pandemic: Rich Got Richer and Poor Got Poorer

Source

Ten Things to Remember While Buying a Home

A checklist of points to keep in mind while making the decision to buy a home.

Source

RBI to Print Rs 1 Lakh Crore to Keep Government Happy

The RBI plans to do this in order to ensure that the government can continue to borrow more and more at lower interest rates. Of course, this comes at the cost of the average saver earning a lower interest on his deposits.

Source

राजा बाबू से मंडेला — निर्मल आनंद से इंटेलेक्चुअल सटिस्फैक्शन तक का सफर

जैसे जैसे हमारा टेस्ट बदला वैसे वैसे गोविंदा का करियर भी ख़तम होता चला गया. क्यूंकि गीता का सार है, परिवर्तन ही इस दुनिया का नियम है. 

Source

Only 1.7% of Central Govt Petrol Taxes Shared with States – Where Has Cooperative Federalism Gone?

By earning a greater proportion of taxes through cess and surcharges, the central government has ensured that it needs to share a lower amount of taxes with the state governments. This is not good news for states in an economically difficult environment.

Source

और मिसेज़ (Mrs) वगैरह गांव में है क्या?

सितम्बर 2006 से मैं प्रभादेवी, मुंबई, के एक छोटे से कमरे में रह रहा हूँ.  मुंबई की कूल भाषा में ऐसे कमरों को स्टूडियो अप्पार्टमेन्ट कहते हैं, पर न ही ये स्टूडियो हैं न अपार्टमेंट. बस एक छत है जो अब तक गिरी नहीं और एकदम तेज़ बरसात में भी पानी अंदर नहीं आता है. ...

Read moreऔर मिसेज़ (Mrs) वगैरह गांव में है क्या?

Source

Everybody Loves a Good Interest Rate Cut…Except the Savers

Nobody talks about the negative side of low interest rates simply because they don’t have an incentive to do so and the savers aren't organised to do so.

Source

मन के अंदर की मन की बात

शिक्षित बेरोज़गारी का दसवा साल शुरू हो रहा है. इस मौके पर कुछ ख्याल. 

Source

On Homes and Home Loans

Buying a home is not just about low interest rates on home loans. There are several other factors that need to be considered. This is something that those who make an earning from selling real estate, seem to rather conveniently forget about.

Source

Vehicle Scrapping Policy is Half-Baked and More About Feeding a Constant Narrative

While the notion of pollution control is a noble one, it is not something which is going to get people to go out and buy new vehicles, unless it is very clear what is in it for them. Ultimately, if you want people at large to behave in a certain way, the right incentive should be on offer, something this half-baked policy, like the policy to encourage electric vehicles before it, lacks.

Source