Reflections, Ideas & Perspectives

Exploring the Synergy Between Wealth Redistribution and Economic Growth

In recent years, global attention has turned to economic inequality, focusing on its impact on advanced and developing economies. While wealth redistribution has sparked debate, evidence suggests that effectively managing inequality can lead to sustained economic growth. This challenges traditional assumptions and emphasises the need for balanced policies that address short-term poverty alleviation and long-term growth.

Reflections, Ideas & Perspectives

Locker Disaster: A Bank Locker Ended Up in Someone Else’s Name!

Mr. Ashish Dutta aimed to close an old passbook in his daughter's name, but the bank claimed it was linked to an active safety deposit box. Dutta couldn’t find the key and insisted it was returned with the box cleared, years prior. A bank error caused the box to be broken, finding bags with valuable properties. Records then showed it was mistakenly assigned to a Mr. Dutta instead of a Mr. Sen. After a tense scenario involving both parties and bank authorities, the valuables were correctly returned, with the records and charges fixed.