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India has more public holidays as compared to other countries. How does this affect as a developing nation?

With 21 holidays a year, India tops in the world with the countries having the most number of public holidays. The number goes even bigger when weekend holidays are taken into consideration. Arithmetic of these holidays, when compared to its neighbouring countries, has raised a serious concern as India is a developing nation and this leisure to the proletariat affect it in terms of output and efficiency. India is a diverse nation, with different religions flourishing together. So, most of these public holidays are of religious observance in nature and have respect among their followers. This constitution of India has its commitment towards secularism and gives equality to all religions to celebrate their important occasions with full freedom. As the private sector and the public sector work abreast of the development of the country so these holidays affect the overall efficiency and output of the nation. The holidays in such a large number can create an adverse effect o...

Jeff Bezos may become the world’s first trillionaire by 2026

In the recent study conducted, by Comparisun, of 25 individuals company analysed, only eleven have the chance to become a trillionaire during their lifetime. According to the study, Jeff Bezos is most likely to become the first trillionaire by 2026  when he will be aged 62. Despite losing an estimated $38 billion in divorce and even more in the pandemic, Jeff is still the richest persons and his net worth growing at a rate of 34% on average to past five years. With a current net worth of 142.8 billion and if the arithmetic goes right he would easily become a trillionaire($1000 billion) by 2026. There are many other names to this list, India richest Mukesh Ambani could become a trillionaire by 2033 at age 75. Facebook founder Mark Zuckerberg could gain this title after 2036 with his current growth rate. Alibaba’s Jack Ma could become a trillionaire in 2030 when he will be aged 65. For the study, Comparisun analysed the market capitalisation of the highest value com...

One Nation One Election

Elections are the most important part of any democratic country. Different countries have different methods to elect their representatives to form the government. Unlike the US where Presidential elections are conducted, India has national elections for the formation of a new Parliament (to elect new members of Parliament) to form a new govt at the center headed by the PM with his council of ministers. Similarly, election for formation of new State Legislative Assembly( by electing new members of legislative assembly)to form new govt headed by CM with his council of ministers. But, curiously enough, the above two sets of elections are seldom conducted simultaneously with the result our country happens to witness mini elections round the year causing immense financial strain on exchequer besides causing unwanted and avoidable shifting of manpower from productive deployment to manage these mini elections.  So, with the changing demography the countries have their own modus operandi...