Vedic Economy

Email

Whatsapp

Facebook

Pinterest

Twitter

Copy link

Vedic Economy offers a profound exploration of the economic challenges that have plagued human civilization, Including poverty, Inequality, scarcity of resources and even impoverished mindsets. A series of impactful events, including the COVID-19 pandemic, the Russia-Ukraine war leading to food and energy crises, rising inflation, tightening debt and the climate emergency, has created severe and interconnected challenges. In response, the book draws upon the timeless values of ancient India. Amidst the growing influence of Westernization, the book turns to the scriptures of Kautilya's Arthashastra and Mahabharatha for profound insights and guidance on governance, economics, and social issues. It aims to inspire Individuals to integrate the spirit of Vedic Economy into their own frameworks, fostering a transformative experience and contributing to the creation of a better world. The book will appeal to a wide audience including general readers, researchers and scholars.

Dr. R.P. Banerjee, a distinguished management professor, has taught at prestigious universities in Asia, Europe and America. Dr. Banerjee has played a crucial role in bringing attention to the relevance of Vedic Spiritual thoughts in corporate and organizational functioning, making it popular among management scholars and practitioners. His books Stress Management through Mind Engineering (2021), Art and Science of Management in the Digital Era (2020) and his latest work serve as important guides for the future of management and society. Dr. Banerjee advocates for value-based practices in corporations and organizations worldwide. Alongside his academic pursuits, he is dedicated to spiritual growth and has conducted open discourses on Divinity in Life every Sunday for the past two decades. For his inspiring work in the area of ethics and values, Prof. Banerjee has received the following awards and acclaim:

Education Leadership from BBC World News received in February 2017

The Asia's Greatest Leader Award 2021 conferred by "ASIAONE" in August 2021

Thought Leader Award presented by CIMA in July 2015

Dr. Sarvapalli Radhakrishnan Award for Outstanding Contribution to Teaching presented by Hindustan Unilever Limited at the World Education Congress in Mumbai, 2012

Economic Emergence for All

The recent experience of the world of having absorbed the physical and mental pains due to the impacts of the deadly Corona virus, understood in the name of COVID-19, has a very widespread effect on a long term scale. The disruption has caused massive blockage and restrictions in the economic flow and movement of value from one end to the other, creating short-term and long-term impacts on the life and activities of humans on earth. As has been nicely put across by the World Bank in its World Development Report, 2022 which says: "The mobility restrictions, lockdowns, and other public health measures necessary to address the pandemic rapidly produced the largest global economic crisis in more than a century. This was compounded by a drop in demand as the pandemic affected consumer behaviour. Economic activity contracted in 2020 in about 90 percent of countries, exceeding the number of countries seeing such declines during two world wars, the Great Depression of the 1930s, the emerging economy debt crises of the 1980s, and the 2007-09 global financial crisis. In 2020, the first year of the COVID-19 pandemic, the global economy shrank by approximately 3 percent, and global poverty increased for the first time in a generation."

Glaring Red Eyes of Context

The world is confronted with the impacts of two-year long pandemic on one hand and the chaotic relations among countries resulting out of the conflicts and invasions in western part of the world, on the other. The fallout has been certain categories of direct and indirect impacts on human living and national existence. The trauma of the war between Russia and Ukraine has actually shattered the fuel economy of the world to such an extent that most part of Europe has been experiencing volatility in stock market, turbulence in consumer price movement and sustained uncertainties in the wholesale price indices covering goods and services of all kinds.