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Showing posts from February, 2021

Science vs Social Science: Understanding the Never Ending Debate

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We often encounter this popular debate now, between two distinct yet interconnected domains- Science and Social Science, which is better, which is truer, and much more. We will try to understand both these distinct fields and the never-ending debate on this.  Both Science and Social Science give their own understanding of the world, and that too in their own way. Let us delve in depth regarding the same on the similarities and differences between the sciences and social sciences.  What is Science? It is a systematic method of studying and explaining the natural world. There are various branches of science, such as Physics, Chemistry, Biology, and various subranches, such as Astronomy, Applied Sciences, Engineering, and many more. Biology, compared to other fields, is largely restricted to studying living beings, while other branches are universal in nature.  Science uses Data, Measurability, Research, and a structured method called the scientific method. The focus here is...

Important takeaways from Indian Financial Budget 2021

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On February 1st 2021, the Finance Minister of India, Mrs Nirmala Sitharaman presented the financial budget for the financial year 2021-2022. It was a significant budget this time as the country is going through the biggest pandemic of the century. On 29th January, the minister had submitted the Economic Survey for the year 2020-2021.  Credits- The Indian Wire Challenges to the budget Economic revival  Increase public spending  Employment generation  Fiscal deficit (9.5%) The main takeaways from the budget A major push for digitalisation, as the FM read out the budget from a Made in India tablet. An app was also unveiled for people to know and understand the budget as well.  The speech was just over one and a half hours.  Increase in Health spending for this year at Rs 2.2 lakh Cr and Rs 35,000 Cr for Covid-19 vaccination.  Introduction of PM Atmanirbhar Swasth Bharat Yojana for improving healthcare infrastructure.  No change in Income tax slabs th...