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Showing posts from August, 2024

Religion and Administration

The Equation between Religion and Administration. The positive secularism must lead to positive and healthy relationship between religion and the administration for the betterment of citizen's life. India is a very diverse country. This diversity is also true in case of religion. India has almost all religions of the world. Religion is a matter of individual faith. Every religion is a set of belief and faith. Every religion has its own God. Every religious person worship his/her God. All these persons think that this God is responsible for their pain, misery and happiness. So, They follow their respective religion' set of belief and faith. They think if they follow these norms, they will get happiness, otherwise they have to face pain and misery. So, They afraid of their God. Almost all the people in India follow atleast any one God. Around 90 percent of people in India are theist. Means 90 percent of people follow atleast any one religion's worship norms.  But, this percen...

How indexation adjust inflation

What is inflation and Indexation and How indexation adjust inflation ? Should one invest in fixed deposit? tThe government has discontinued the indexation benefits from the financial year 2025, announced in the Budget for FY-2025 . First of all let's understand what is inflation in a layman terms. The general rise in prices is called inflation. This rise in prices may be due to many reasons from demand side and supply side. For example, if supply remains constant and demand for a particular item increases its price will also increase. And if demand for a particular item decreases it's price will also come done if supply remains the same. Same way we can say that if supply of a particular item increases in the market at constant demand then it's price will decrease and if supply decreases and demand remain same, then the price will increase. Inflation affects your income. That why the government gives dearness allowance (DA) to the employees and dearness relief (DR) to the ...