Fiscal Deficit is when the expected expenses of the government exceed its expected revenues. A deficit when accumulates over time becomes a debt..
Well the topic reads “Knowledge Deficit “ an unknown term and the description starts with “Fiscal Deficit “.
Working with the concept of analogies , am trying to introduce the concept of “Knowledge Deficit ‘ in the post recession 2008 era ,where even non economic people would have had certain clue of what economics and finance can do !!
Knowledge is power and since time memorial this proverb has proved its validity be it in the emergence of Europe dawned with the knowledge driven Renaissance or the amount of respect our reverend Prime Minister commands. Leave apart these , coming to a simpler concept the world around us is so comfortable for us ,because we built it from rags ,simply understanding the hidden facts and developing the Knowledge bank.
The high paying salaries to all the CEOs and big people is attribute to ?Hard Work !!! A rickshaw puller works harder and employs greater physical strength …
It’s the mental status attained by the immense knowledge beheld , be it via learning or via experience
The point tried to be put forward is there is no element existing in the present human civilization as it exists today ,which can stand as per “Knowledge “
So we need to consider that knowledge indeed is a vital resource and its absence or “ the difference between its required and present level “can indeed pose serious problems. The same way when deficit may get transformed into debt.
Seriously speaking ,what inspired me to write about this is the current trend of IT industry where in we don’t know anything .But somehow are supposed to do anything .And somehow do manage to do something (that something which satisfies the requirement well) and finally end with knowing nothing ,but having added to the experience count for doing something…
Confusing ……….
Even after being in an industry for a good enough time , if someone one develops upon certain managerial skills without any improvement on the knowledge bank ,I look upon this as a grave crime
Just imagine a MBBS hardly knowing anything , bt still involved in operations only because she /he was involved in previous operations which proved successful .
Had it not for the importance of knowledge the MBA guys wouldn’t be grilled .Intellect , hard work ,determination ,optimism are tested even before the entry into the profession.
All the biggies of the corporate world ,talk about the in-depth knowledge of the sphere they are working on.
0*0 = 0
0^0 = 0
0 + 0 = 0
All the elementary operations of arithmetic(as per my knowledge ) on 0 yield nothing. Implying that growth cannot happen if the platform is “0”.Confidence and smartness are only spice to add flavor .No one can fill stomach with simply attitude .
The opposite of knowledge is ignorance .The same ignorance which if parents have towards their child ,can destroy their kids. If governments have towards the understanding of their population can very well overthrow it , if people have regarding themselves can manifest and manipulate their confidence and self and which youngsters have towards lives can lead them to no where..
Just thought to cater the multidimensional nature of knowledge.
A very common statement “How can I marry someone , I don’t KNOW ( yet another form of the word knowledge. )
We have no calculating measures ,tools infact thoughts to give a glimpse of “knowledge deficit “ which indeed is a concern .
Just imagine a graduate failing to understand how the constitution of the country works relating to a big void in the entire educational system .This void has always been existent but never been realized.
An attempt from all of us may help to fill this void ,only for the realization that a little sapling sown today may yield something tomorrow…
Well the topic reads “Knowledge Deficit “ an unknown term and the description starts with “Fiscal Deficit “.
Working with the concept of analogies , am trying to introduce the concept of “Knowledge Deficit ‘ in the post recession 2008 era ,where even non economic people would have had certain clue of what economics and finance can do !!
Knowledge is power and since time memorial this proverb has proved its validity be it in the emergence of Europe dawned with the knowledge driven Renaissance or the amount of respect our reverend Prime Minister commands. Leave apart these , coming to a simpler concept the world around us is so comfortable for us ,because we built it from rags ,simply understanding the hidden facts and developing the Knowledge bank.
The high paying salaries to all the CEOs and big people is attribute to ?Hard Work !!! A rickshaw puller works harder and employs greater physical strength …
It’s the mental status attained by the immense knowledge beheld , be it via learning or via experience
The point tried to be put forward is there is no element existing in the present human civilization as it exists today ,which can stand as per “Knowledge “
So we need to consider that knowledge indeed is a vital resource and its absence or “ the difference between its required and present level “can indeed pose serious problems. The same way when deficit may get transformed into debt.
Seriously speaking ,what inspired me to write about this is the current trend of IT industry where in we don’t know anything .But somehow are supposed to do anything .And somehow do manage to do something (that something which satisfies the requirement well) and finally end with knowing nothing ,but having added to the experience count for doing something…
Confusing ……….
Even after being in an industry for a good enough time , if someone one develops upon certain managerial skills without any improvement on the knowledge bank ,I look upon this as a grave crime
Just imagine a MBBS hardly knowing anything , bt still involved in operations only because she /he was involved in previous operations which proved successful .
Had it not for the importance of knowledge the MBA guys wouldn’t be grilled .Intellect , hard work ,determination ,optimism are tested even before the entry into the profession.
All the biggies of the corporate world ,talk about the in-depth knowledge of the sphere they are working on.
0*0 = 0
0^0 = 0
0 + 0 = 0
All the elementary operations of arithmetic(as per my knowledge ) on 0 yield nothing. Implying that growth cannot happen if the platform is “0”.Confidence and smartness are only spice to add flavor .No one can fill stomach with simply attitude .
The opposite of knowledge is ignorance .The same ignorance which if parents have towards their child ,can destroy their kids. If governments have towards the understanding of their population can very well overthrow it , if people have regarding themselves can manifest and manipulate their confidence and self and which youngsters have towards lives can lead them to no where..
Just thought to cater the multidimensional nature of knowledge.
A very common statement “How can I marry someone , I don’t KNOW ( yet another form of the word knowledge. )
We have no calculating measures ,tools infact thoughts to give a glimpse of “knowledge deficit “ which indeed is a concern .
Just imagine a graduate failing to understand how the constitution of the country works relating to a big void in the entire educational system .This void has always been existent but never been realized.
An attempt from all of us may help to fill this void ,only for the realization that a little sapling sown today may yield something tomorrow…
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