The impact of economic reforms has been that rich people have become richer and poor people poorer

…3 billion in 1995-96. In initial years of reform, 1991–1992, poverty increased in India slightly. But, later on number of people below poverty line decreased. And, a steep declined in number of person below poverty line in between 1993 to 1998 was seen. Currently, number of middle class in India is expected to be 300 million, which is expected to double by 2025 to 600 million. It is sure that as the economy of India will boom, new millionaire and…

Share Market Terminology: Part 2

…will, intangible assets, or both. 4.     Market Capitalization Market capitalization (often market cap) is a measurement of size of a business enterprise (corporation) equal to the share price times the number of shares outstanding (shares that have been authorized, issued, and purchased by investors) of a publicly traded company. As owning stock represents ownership of the company, including all its equity, capitalization could represent the pub…

Should FDI be Allowed in Higher Education

  The ‘India Vision 2020′ envisages the transformation of India into a knowledge superpower. To achieve this vision, the higher education sector has to play a key role. At present India is producing highest number of doctors and engineers every year. But, if one considers the quality and quantity of higher education in India. It is worse. In US and UK, percentage of enrolment in higher education is 82.4 and 60.1 respectively. In…