Mahakumbh 2025: On December 13, Prime Minister Narendra Modi described the ‘Mahakumbh 2025’ as a ‘mahayagya of unity’, emphasising the event’s role in promoting social cohesion and economic empowerment of communities. “Kumbh not only gives social strength but also provides economic empowerment of the people,” Modi said, addressing a public gathering in Prayagraj after inaugurating […]
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Mahakumbh 2025: From ₹7,500 cr budget to ₹2 lakh cr expected revenue – mela economy’s multiplier effect revealed
Mahakumbh 2025: On December 13, Prime Minister Narendra Modi described the ‘Mahakumbh 2025’ as a ‘mahayagya of unity,’ emphasising the event’s role in promoting social cohesion as well as economic empowerment of communities. “Kumbh not only gives social strength but also provides economic empowerment of the people,” Modi said addressing a public gathering in Prayagraj […]
Multiplier effect much better if govt spends money on capex, not tax cuts: Neelkanth Misra
At the CNBC-TV18 Pre-Budget 2025 Townhall, Axis Bank Chief Economist Neelkanth Misra emphasised that the government should prioritise capital expenditure (capex) over cutting income taxes to stimulate India’s economic growth. Misra, who also serves as the Head of Global Research and a Whole Time Director of Axis Capital, stated, “There is ₹80,000 to ₹1 lakh […]
Proposed Thunder Bay lithium refinery will have ‘multiplier effect’ in region, says developer
Avalon Advanced Materials lobbies for government subsidies in building its case for a $1.3-billion lithium hydroxide processor Avalon Advanced Materials is building its case for a Thunder Bay lithium refinery. The Toronto lithium company has been churning out a steady news flow in September and into this month touting the economic and spinoff benefits that […]
From startups to ecosystems: how Endeavor’s Multiplier Effect is transforming emerging markets
Photo courtesy of Endeavor Opinions expressed by Digital Journal contributors are their own. In emerging markets around the world, entrepreneurs face unique challenges as they seek to scale their businesses and drive sustainable growth. Endeavor, a global organization, is dedicated to empowering these high-impact entrepreneurs to break through barriers and realize their potential. By providing mentorship, access […]
Business Brief: A ‘multiplier effect’ of economic pain
Good morning. An escalation of tensions in the Middle East and a historic strike along the United States East and Gulf Coasts threaten to raise the price of oil and reignite inflationary pressures just weeks before the U.S. presidential election. More on that below, along with a look at what’s fuelling the future of convenience […]
Data Economic Multiplier Effect Explained
One of my career breakthroughs occurred when I was teaching at the University of San Francisco School of Management. I kicked off a research project to determine how to treat data as an asset on a company’s balance sheet. My aha moment occurred when one of my research assistants made the following comment: “Data isn’t […]
Why workforce programs fail to prioritize high-impact tech jobs
High-tech roles like software developers have significant multiplier effects, with each job creating at least two additional local jobs through spending. But government workforce strategies are often shaped around traditional job classifications, like individual earning potential or educational requirements. This neglects the potential of high-tech positions, which, while “tradeable,” can drive greater local economic growth. […]
Actis on the emerging markets multiplier effect
This article is sponsored by Actis. Emerging markets have long been flagged as key to achieving impact investing goals, particularly when it comes to the energy transition. Yet emerging and developing economies, excluding China, account for less than 15 percent of global clean energy investment, according to the International Energy Agency. Emerging markets specialist Actis […]
The Multiplier Effect of Multipurpose Cash Assistance in Ad Dhali and Ja’ar Sub-districts in Yemen – Yemen
Attachments Synopsis: The Social Accounting Matrix (SAM) multiplier effect study provides valuable insights into the economic impact of Multipurpose Cash Assistance (MPCA) in the Ad-Dali and Ja’ar sub-districts of Yemen. By employing the SAM approach, the study effectively demonstrates how cash injections can transform local economies. Key findings indicate a significant multiplier effect, with each […]