since 1950 and indicates a few salient features and turning points. Section II discusses some of the major drivers of India’s current growth momentum (which has averaged 8 percent in the last 3 years) and raised widespread expectations (at least‚ in India) that 8 percent plus growth has become the new norm for the Indian economy. Section III points to some of the risks and vulnerabilities that could stall the current dynamism if corrective action is not taken. Section IV appraises the country’s medium
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0151BBA065 ASSIGNMENT NO. 1 QUESTION: Briefly explain the changes that happened in Indian Economy after 1991. ANSWER: By 1985‚ India started having balance of payments problems. By the end of 1990‚ it was in a serious economic crisis. The government was close to default‚ its central bank had refused new credit and foreign exchange reserves had reduced to such a point that India could barely finance three weeks’ worth of imports. India had to airlift its gold reserves to pledge it with International
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Seminar on 1\12\12 and 8\12\12. Book suggested for reading: The Elephant Paradigm – India Wrestles with Change. (By Gurcharan Das). Important Points Discussed:- The Liberating Nineties: * A Decade that saw massive change in India and the attitude of its citizens. * Our many Liberations. * Economic (reforms) * Political (panchayat) * Social * Mental (the most important of all) A
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QUAID-E-AZAM’S LIFE AFTER THE INDEPENDENCE GOVERNOR-GENERAL: Jinnah became the first Governor-General of Pakistan and president of its constituent assembly. Inaugurating the assembly on August 11‚ 1947‚ Jinnah spoke of an inclusive and pluralist democracy promising equal rights for all citizens regardless of religion‚ caste or creed. This address is a cause of much debate in Pakistan as‚ on its basis‚ many claim that Jinnah wanted a secular state while supporters of Islamic Pakistan assert that
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speak to you on this auspicious occasion of Republic Day As we are celebrating the 64th Republic Day of India‚ we students have some responsibilities to shoulder‚ and some duties to plunge ourselves. The contribution of students in the struggle for Indian independence and thereafter in the making of modern India can never be negated. From the prehistoric times to the recent years‚ students in India have played a significant role in shaping the history‚ culture and demographics of our beloved motherland
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Introduction The first wheel may have been used for transport about 4‚000 years ago in India in the civilization of Harappa Mohenjo-Daro‚ it is said‚ but it was the 18th Century before the first horseless carriage actually hit the roads. Powered vehicles‚ however have been experimented with from as early as the 14th Century‚ several Italians having tried out wind driven cars‚ Leonardo da Vinci being one among them. It was after James Watt’s steam engine in 1705 that a powered vehicle was looked at more seriously
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India 2011-Winds of change and its impact on our lives. In India‚ corruption is something we all learn to live with. We have been breast-beating over the sorry state of affairs from the times India marched on a Sovereign nation. Why do I start my essay with a negative note of corruption? We need not be resigned to it or remain cynical about the issue. The economy of India was under socialist-inspired policies for an entire generation from the 1950s until the late 1980s. The economy was characterized
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CHANGES IN EUROPE AFTER THE WWII Peace and stability After the WWll the equation between countries had been changing‚ power left the Europe and it reborn in the USA and The soviet Russia. And the six European countries wanted to struggle with them because European countries maintained that being strong is one way to protect peace and stability. Moreover‚ that belief was established by many people who is the pioneer of EU as mentality such as Robert Schumann‚ Conrad Adenauer and Winston Churchill
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5th century AD the Gupta Hindu Kingdom region of classical India started as a highly political‚ regionalized caste system to a religious Hindu based culture‚ and a more science thinking culture. Classical India did not develop the solid political traditions and institutions of Chinese civilization‚ nor the high level of political interest that would characterize classical Greece and Rome. The most persistent political features of India in the classical period involved regionalism. Regionalism has
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Canada’s Independence Following World War One Without the tragedies that occurred during World War One‚ Canada would not be the nation it is today. Following WW1‚ Canada was considered a major part of many of the battles especially Vimy Ridge‚ gaining Canada international respect. With that respect‚ strong bonds were established between Canada and the influential countries at that time. With this new gained confidence‚ Canada questioned the hold Britain still had on them‚ and decided it was time
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