In the bustling markets of India, the price of a simple loaf of white bread, once a mere 15-20 Rs, has doubled to 30-50 Rs in just a few years. This seemingly trivial change is a stark reminder of the escalating cost of living in India's urban centers. If you find yourself grappling with rising expenses, here are some crucial insights to help you understand and navigate this economic landscape. 1. The Urban Price Surge: Major cities in India are becoming increasingly expensive. With limited land and an influx of capital into the country, land prices are soaring. For instance, construction costs in Goa have risen by approximately 25-30% recently. This increase directly impacts the prices of virtually everything. In the realm of traditional economics, the means of production are defined as Land, Labour, and Capital. When the cost of land escalates, it triggers a domino effect, causing a rise in rent, business costs, and more. While the prices of flats in big cities may not sky...
Exploring the Paradox of Academic Excellence and Real-World Incompetence Unraveling the Dichotomy of Academic Brilliance and Practical Inefficiency Over the years, I have had the privilege of interacting with a diverse array of students, ranging from mature learners, parent-students, to research scholars. These individuals, adept at navigating their professional lives, often exhibit a unique perspective towards education, viewing it as a communal activity or a sacred journey of enlightenment and progress. However, a striking observation that emerges from my interactions with these research scholars and students is their ability to circumvent the conventional education system to achieve their academic goals. This phenomenon is not a reflection of their intellectual prowess but rather an indication of their survival instinct in a system that values degrees over knowledge. For instance, many of these students have been nurtured by 'helicopter paren...