Issue: March 2015
Cover Story 
The much awaited first full budget of the present government finally arrived amidst considerable speculations. However instead of expected popular annou...
Lead Article

The lead article by D.K. Srivastava details the provisions of the budget which will help in stimulating growth leading to increased employment promoting policy initiatives besides touching on welfare issues. The article gives the short and long term targets of the budget in achieving the 8.8.5 pe...

  Union Budget -2015-16: A growth Oriented Budgt
N.R. Bhanumurthy & H K Amar Nath
  The second lead article by N.R. Bhanumurthy and H.K. Amar Nath assess the impact of three crucial issues which the government had to face while prepar...
  Transforming India into a Global Manufacturing Hub
Amitabh Kant
  The highlight of the issue is the article by Amitabh Kant, Secretary, DIPP on ' Make in India' policy of the government of India. The article brings...
  Shifting Accountability? Reading the Budget from Women's Perspecte
Neetha N
  This article focuses on issues of gender budgeting and explains the provisions in the budget for achieving gender equity. The article explains in det...
  True to the Spirit oFederalism
Pravakar Sahoo
  This article by Pravakar Sahoo is the special article in the issue. It discusses in great detail the recommendations of the 14th Finance Commission a...
  National Skill DevelopmenProgram: The way ahead
Swadesh Singh
  The National Skill Development Program has been made the Focus article of the issue, being a key flag ship programme of the government of India. The ...
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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