Issue: JUNE 2017
 
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The Youth of a Nation are the trustees of posterity. While most of the developed world is moving towards a nation of ageing population, India is poised ...
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Lead Article

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Articles
  Job Creation: Challenges & Way Forward by Alakh N Sharma , Balwant Singh Mehta
  The second lead article is about the challenges of job creation. In this article authors have talked about the government initiatives.
  Making a Nation of Job Creators’ by Shri Saurabh Sanyal and Ranjeet Mehta
  The article suggested fostering entrepreneurship and a fruitful culture of innovation in the country. It will help making India the hub of innovation, design and Start-ups.
  Bringing Harmony between Body and Mind by Ishwara N Acharya & Rajiv Rastogi
  3rd International Yoga Day would be celebrated on 21 June 2017. As Yoga has been accepted as non-invasive mode of treatment in the management of non-communicable diseases
  GST–The Game Changer by D S Mallik
  Introduction of GST would instantly spur economic growth and can potentially lead to additional GDP
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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