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Showing posts from August, 2021

Hard Work Vs Smart Work

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  Ouchitya Karan || Gurgaon, 30.Aug.2021 "W ithout hard work, nothing grows but weeds." said Gordon B. Hinckley which clearly states the importance of consistency and hard work if you want to achieve good in your life. But working hard doesn't always offer success on a plate for you, if not applied with brains. So the debate is going on which one to prefer Hard Work or Smart Work. Hard Worker: A hard worker is a person who consistently works towards what he perceives to be worth working, regardless of how dynamic the situation might be. Success for the Hard Worker doesn't come overnight but only after putting in long hours at work and depriving himself of the comforts of life.   Smart Worker: Allen F. Morgenstern said way back in the 1930s “ work smarter… not harder ”. The reason behind it is that a smart worker is a person who works towards what he perceives to be worth working for and applies his brain and efforts in the most efficient manner with the help of integr...

Privatisation of Public Sector in India: A right step or selling family silver?

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Ouchitya Karan || Gurgaon, 29.Aug.2021 I ndia has a mixed economy in which both Private and Public Sectors exist especially in the areas of Banking, Telecom, Road Transport, Education, Healthcare, Manufacturing, Education among others. Many Business analysts and experts on Economy are of the view that privatisation  could speed up economic growth with the increase in competition while number of them find that the privatisation  could bring more problems like unemployment taking the economy backwards due to its inherent issues. Reigniting this age-old debate, on February 24, Prime Minister Narendra Modi said “Government has no business to be in business”. So, should India opt for privatisation or continue with the current system?  But before we discuss the Pros and Cons, it is very important to read PM Modi’s speech.   “Government has no business to be in business” Highlights from Prime Minister Narendra Modi’s address on February 24, 2021   “When public sector e...