1)What would happen to higher ed tuition costs, if all government assistance (grants, scholarships, and loans) ended tomorrow?

2)Will demonetization really change India's economic growth?

3)Why did the Nehruvian economic policies not work in India?

1)If all the government assistance ended tomorrow, the students would not be able to afford the high tuition costs. The scholarship, loans, grants are provided to help the students whose income level is low and are not able to avail the facilities of education. This would also have an adverse impact on the economy as the percentage of the educated people will decline. The illiteracy rate will increase and so will the unemployment. Eventually, the economic growth will slow down .

2)No, demonetization will not increase India?s economic growth considerably. As many economists have studied that demonetization did not provide with the outcomes that were considered.

There were many loopholes in the demonetization in India. There were information leaks before the announcement of demonetization, which allowed many politicians and powerful people to convert their money before the demonetization. The government estimated that approximately 20% of the banned notes would be permanently removed from the circulation in the economy. But, demonetization was not even able to remove 0.7% of the demonetized notes from circulation. The increase in tax collection after the demonetization was lowered compared to the previous years. Another primary goal of demonetization was to increase digital banking, which did increase at the time of demonetization for a while. But, it didn't show any significant changes. Even stock market prices dropped to 6 months low after demonetization.

Demonetization was done, but was not implemented properly and also there were many loopholes in the implementation. After demonetization, the employment rate has fallen drastically and is still falling; this can be seen as a significant drawback of demonetization.

3)Jawaharlal Nehru, first Prime Minister of independent India, ruled from 1947 to 1964. Various sectors were neglected while making policies in the Nehru era. Nehruvian policies were focused more toward the industrialization, which resulted in the neglect of other vital sectors.

The education sector majorly neglected as there were no policies made for the betterment of primary education. As there were huge investments in the industrial sector, the agriculture sector was neglected. The area for agriculture was reduced. The reduction in agriculture led to a food shortage, which led to high import demands. These imports resulted in a decline in the foreign exchange reserves in the country. Infrastructure sector was neglected, and modernization was also not given any importance. There was a terrible condition of the health sector in India, and still, there were no significant investments made for the development of agriculture sector.