Simple ways for Managing Rupaya

In the last week, we have read that Indian economy has reported negative GDP of -23%. At the same time during the last 6 months, we have also read about the recovery of the share market. My inquisitive readers are definitely questions like 1.        If there was no production or service activity in the economy, how share market is recovered? 2.        If the share market is rising in spite of the nil activity, does it mean that there is no relation in the GDP, economical activities and share market trend? Let’s understand the meaning of the GDP i.e Gross Domestic Product in the simple manner. GDP at market prices = GVA at basic prices + Product taxes- Product subsidies From the above equation, it’s very important to understand the meaning of GVA for understanding the concept of the GDP apart from taxes and subsidies part Gross value added is the measure of total value of goods and services produced in the econo...

  Since the last week, we all are celebrating one of most favourite festivals “Ganeshsotsva”. Maharashtra state in India is well known for its big & informative pandals and eco-friendly decorations. This year due to pandemic situation, every group/Mandal/trust is celebrating the festival with utmost care and taking all the possible measures for avoiding the crowd. Few organisers have organised the festival through online platforms with the live daily “Pooja” & “Aarti” (Prayers). On this occasion first, I would like to appreciate all the members of the “Ganesh Mandal” not only for their caring behaviour but also the work they have done for lonely senior citizens, poor people during the lockdown. During this period, these people worked fearlessly to satisfy the daily needs of old people who are living alone or needy ones. In India “Dan” means act of donating has played a very crucial role in the daily life. “Act of donating” is considered as the kind and compassionate behav...