Indian economy is an underdeveloped economy because almost all important features of an underdeveloped economy arc still present in Indian economy. Some of these features are discussed below: 1. Low Income: In India GNP (Gross National Product) per capita was $1‚180 in 2009 at current prices‚ roughly one third of the population is below the poverty line. On world scale‚ income inequalities between the developed and underdeveloped countries arc very large. According to the World Hank estimates
Premium Human Development Index Investment Development
Central bank of india 1. Monopoly of Note-Issue: Note-issue primarily is the main function of a central bank in every country. These days‚ in all the countries where there is a central bank generally it has got the monopoly or the sole right of note-issue Banker‚ Agent & Adviser to the Government: As banker to the government‚ central bank provides all those services and facilities to the government which public gets from the ordinary banks. It operates the accounts of the public enterprises
Premium Bank Debt Commercial bank
Among the distinctive features of the vowel-sounds employed by some Indian English speakers: * Many Indian English speakers do not make a clear distinction between /ɒ/ and /ɔː/. (See cot–caught merger.) * Unlike British‚ but like some American English‚ some Indian speakers don’t pronounce the rounded /ɒ/ or /ɔː/‚ and substitute /a/ instead. This makes not sound as [nat]. The phoneme /ɔː/‚ if used‚ is only semi-rounded at the lips.[citation needed]. Similarly in South India coffee will be pronounced
Premium English language
The origin of the state is shrouded in mystery. It lies in the limbs of the obscure past. History does not help authentically in tracing the origin of the state‚ why and when it came into existence. It is because of the lack of historical evidence that a political thinker has to depend upon sociology‚ biology‚ ethnology and anthropology for any suggestion as to the circumstances and conditions under which the state came into being. But the material at our disposal is so inadequate that we have to
Premium Political philosophy History of India Vedas
An Indian farmer India is a country of villages. More than half of the people living in India reside in village. Farming is the main and most chosen occupation of people living in villages. Therefore majority of Indians are farmers.an Indian farmer used to be the very picture of simplicity‚ but today things are changing. Farmers in states like Punjab‚ Haryana and Kerala are no longer simple. Some of them are well-educated and practice mechanized farming; like sowing machines and harvesting machines
Premium India States and territories of India Precipitation
Chandigarh is a city and union territory in India that serves as the capital of two states‚ Haryana and Punjab. The name Chandigarh translates as "The Fort of Chandi". The name is derived from an ancient temple called Chandi Mandir‚ devoted to the Hindu goddess Chandi‚ near the city.[3] The city of Chandigarh was the first planned city in India post independence in 1947 (pre-independence planned cities include Dispur in Assam‚ New Delhi in Delhi‚ Jaipur in Rajasthan‚ etc.) and is known internationally
Premium Chandigarh Delhi India
Center State Relation Center-State relations means the relations between Center and it’s units where there exist Federal System. It is of great importance in a country like India constrained by regionalism‚ religion‚ uneven development‚ demand for autonomy‚ identity politics‚ competing political interests‚ caste and race. Gopal Krishna Gokhale was the first person who proposed for devolution of financial authority among Provinces under Decentralisation Commission in 1908. In January 1947‚ Union
Premium Government of India India Separation of powers
similar from each other. India and the USA (United States of America) are among the two largest countries in the world. USA is one of the richest countries in the world and India is among the poorest countries in the world. Both countries are in two different continents but still both countries have a few similarities. The only common thing between these countries is‚ they both countries are democracies. They both were British colonies before their independence. In India and the USA live lots of
Premium United States United States dollar India
seperate state ‚of Telengana from Andhra Pradesh. The people are revolting‚ doing dharnas‚ fasting‚ violence‚students have joined the movement for the formation of the state. The politics on the issue have also been active on the same issue. Sadly many people have also done suicide for the demand of formation of the state. The central government finally have agreed and formed a committee to review and start the process of the formation of Telengana‚ we may see a new independent state if everything
Premium Sovereign state Uttar Pradesh State
posible topics in feature writing global warming technology True love: ‘Where can we find true love?’THIS month of February‚ some of us would prefer to hear stories that can tickle our cravings for love as this month is often associated with that four-letter-word. Each of us may have our own share of love stories to tell – be it good or bad. But it’s how we view that experiences in life that gives us a deeper meaning of what love is. Most people consider love as a spice to a couple’s successful
Premium Love Journalism