Issue: AUGUST 2016
 
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Cover Story 
When India attained Independence, most of the country did not have sufficient electricity to light up its homes. The iconic lantern and the oil lamp wer...
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Lead Article

The lead article of the issue discusses the role played by water - whether as drought or floods - in the economic development of the nation. The article stresses the importance of water resources management in the development of the nation and calls for investment in water infrastructure, better cr...

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Articles
  Energy Sector
  The lead article details the challenges in the energy sector vis a-vis the target of Power for All by 2019.
  India's Energy Challenges & Sustainable Development by Ritu Mathur
  The article argues that attaining energy efficiency is the key to economic growth of the country.
  Rural Electrification: A Development Challenge by Shirish S. Garud, Prerna Sharma
  This article explains, the Rural electrification has been a major plank with the successive governments and various schemes
  Special Article: Perception Management: A Big Challenge in the Growth of Nuclear Power by S. Banerjee
  The special article is on nuclear energy and discusses all factors
  The National Solar Mission: Marching Ahead in Solar Energy by Arun Kumar Tripathi
  Harnessing solar power is a major policy priority of the government and this article gives details of the National Solar Mission.
Economic Paradigms and Democracy in the Age of Financial Globalization
Srinivas Raghavendra

Whether or not there exists a standard definition of the term Globalization, there is a broad agreement with the fact that the process of Globalization has had and continues to have profound impact on various aspects of human life. Globalization is not a new phenomenon for it has been a long-term gradual process of change, which affects every aspect of human life and being affected by the human enterprise, since the days of Columbus, and yet at the same time it is irregularly punctuated by episodes of dramatic change. Ever since the Columbian voyage initiated the process of intermingling of the continents of Europe and the Americas, Globalization has been influencing and reshaping every part of the world in all aspects of human life – social, cultural, economic, political, biological and ecological aspects. In the recent past, there were two intense periods where the process of globalization induced dramatic changes across the world. The first wave happened in the late nineteenth century up to the First World War, which was characterized by extensive trade networks across various continents under European Colonialism. The second wave happened in the twentieth century, starting from the 1980s to the present day, characterized as free market Capitalism led by the phenomenal development of the financial markets, and called as the financialization phase of Globalization or simply Financial Globalization.

 
 
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Do you know? : What is Forensic Auditing
Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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