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India Unbound
''India Unbound: From Independence to Global Information Age'' is a 2000 non-fiction book by Gurcharan Das. It is an account of India's economic journey after its Independence in 1947. Overview ''India Unbound'' is mainly about the transformation of India from birth of the writer in (1942) to 1999. The author majorly speaks about the Indian politics and the economy of India. He categorizes the complete timeline from 1942 to 1999 in three major sections: 'Spring of Hope (1942–1965)', 'the Lost Generation (1966–1991)' and 'Rebirth of Dream (1991–1999)' and tell various stories(memoirs) and the historical facts of that time. The book is a great mixture of memoir, economic analysis, social investigation, political scrutiny and managerial outlook being thrown into the understanding of India. It begins shortly before independence and continues until the new millennium. As other authors cherish the revolution that began with independence in 1947, Gurcharan Das does not find full ...
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Gurcharan Das
Gurcharan Das (born 3 October 1943) is an Indian author, who wrote a trilogy based on the classical Indian goals of the ideal life. ''India Unbound'' was the first volume (2002), on artha, 'material well-being', which narrated the story of India's economic rise from Independence to the global information age. Published in many languages and filmed by BBC, it was called "a quiet earthquake" by the Guardian. The second, ''The Difficulty of Being Good'', is on dharma or 'moral well-being', and is "rich with learned musings on the epic, Mahabharata and its moral dilemmas" that speak to our day to day contemporary life. ''Kama: The Riddle of Desire'' is on the third goal of desire, and recounts a tale of "love and vulnerability, about self-doubt and betrayal, about wanting more of everything and being haunted by settling for less." Gurcharan Das graduated with honours from Harvard University in Philosophy. He had later attended Harvard Business School (AMP), where he is featured ...
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Public Sector
The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, infrastructure, public transit, public education, along with health care and those working for the government itself, such as elected officials. The public sector might provide services that a non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service. Public enterprises, or state-owned enterprises, are self-financing commercial enterprises that are under public ownership which provide various private goods and services for sale and usually operate on a commercial basis. Organizations that are not part of the public sector are either part of the private sector or voluntary sector. The private sector is composed of the economic sectors that are intende ...
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Books About The Economy Of India
A book is a medium for recording information in the form of writing or images, typically composed of many pages (made of papyrus, parchment, vellum, or paper) bound together and protected by a cover. The technical term for this physical arrangement is '' codex'' (plural, ''codices''). In the history of hand-held physical supports for extended written compositions or records, the codex replaces its predecessor, the scroll. A single sheet in a codex is a leaf and each side of a leaf is a page. As an intellectual object, a book is prototypically a composition of such great length that it takes a considerable investment of time to compose and still considered as an investment of time to read. In a restricted sense, a book is a self-sufficient section or part of a longer composition, a usage reflecting that, in antiquity, long works had to be written on several scrolls and each scroll had to be identified by the book it contained. Each part of Aristotle's ''Physics'' is called a ...
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License Raj
The Licence Raj or Permit Raj (''rāj'', meaning "rule" in Hindi) was the system of licences, regulations, and accompanying red tape, that hindered the set up and running of businesses in India between 1947 and 1990. Up to 80 government agencies had to be satisfied before private companies could produce something and, if granted, the government would regulate production. The term is a play on the "British Raj", which refers to the period of British rule in India. It was coined by Indian independence activist and statesman Chakravarti Rajagopalachari, who firmly opposed it for its potential for political corruption and economic stagnation, founding the Swatantra Party to oppose these practices. Reforms started in 1991 have significantly reduced regulation, but Indian labour laws still prevent manufacturers from reducing their workforce without prohibitive burdens. History Following the Russian Revolution, socialist thinkers in India began drawing parallels between the p ...
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The Emergency (India)
The Emergency in India was a 21-month period from 1975 to 1977 when Prime Minister Indira Gandhi had a state of emergency declared across the country. Officially issued by President Fakhruddin Ali Ahmed under Article 352 of the Constitution because of prevailing "internal disturbance", the Emergency was in effect from 25 June 1975 to its withdrawal on 21 March 1977. The order bestowed upon the Prime Minister the authority to rule by decree, allowing elections to be cancelled and civil liberties to be suspended. For much of the Emergency, most of Gandhi's political opponents were imprisoned and the press was censored. Several other human rights violations were reported from the time, including a mass campaign for vasectomy spearheaded by her son Sanjay Gandhi. The Emergency is one of the most controversial periods of Indian history since its independence. The final decision to impose an emergency was proposed by Indira Gandhi, agreed upon by the President of India, and ratified ...
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Poverty Alleviation
Poverty reduction, poverty relief, or poverty alleviation, is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic '' Progress and Poverty'', are those that raise, or are intended to raise, ways of enabling the poor to create wealth for themselves as a conduit of ending poverty forever. In modern times, various economists within the Georgism movement propose measures like the land value tax to enhance access to the natural world for all. Poverty occurs in both developing countries and developed countries. While poverty is much more widespread in developing countries, both types of countries undertake poverty reduction measures. Poverty has been historically accepted in some parts of the world as inevitable as non-industrialized economies produced very little, while populations grew almost as fast, making wealth scarce. Geoffrey Parker wrote that: ...
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Poverty
Poverty is the state of having few material possessions or little income. Poverty can have diverse social, economic, and political causes and effects. When evaluating poverty in statistics or economics there are two main measures: ''absolute poverty'' compares income against the amount needed to meet basic needs, basic personal needs, such as food, clothing, and Shelter (building), shelter; ''relative poverty'' measures when a person cannot meet a minimum level of living standards, compared to others in the same time and place. The definition of ''relative poverty'' varies from one country to another, or from one society to another. Statistically, , most of the world's population live in poverty: in Purchasing Power Parity, PPP dollars, 85% of people live on less than $30 per day, two-thirds live on less than $10 per day, and 10% live on less than $1.90 per day ...
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Garibi Hatao
Garibi Hatao Desh Bachao ("Remove poverty, rescue the country") was the theme and slogan of Indira Gandhi's 1971 election campaign. The slogan and the proposed anti-poverty programs that came with it were designed to give Gandhi an independent national support, based on rural and urban poor, which would allow her to by-pass the dominant rural castes both in and out of state and local government; likewise the urban commercial class. And, for their part, the previously voiceless poor particularly Dalits and Adivasis would at last gain both political worth and political weight. The programs created through garibi hatao, though carried out locally, were funded, developed, supervised, and staffed by Government officials in New Delhi and Congress Party The Indian National Congress (INC), colloquially the Congress Party but often simply the Congress, is a political party in India with widespread roots. Founded in 1885, it was the first modern nationalist movement to emerge in t ...
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Economic Growth
Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of increase in the real gross domestic product, or real GDP. Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the prices of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure. The economic growth-rates of countries are commonly compared using the ratio of the GDP to population (per-capita income). The "rate of economic growth" refers to the geometric annual rate of growth in GDP between the first and the last year over a period of time. This growth rate represents the trend in ...
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Indira Gandhi
Indira Priyadarshini Gandhi (; Given name, ''née'' Nehru; 19 November 1917 – 31 October 1984) was an Indian politician and a central figure of the Indian National Congress. She was elected as third prime minister of India in 1966 and was also the first and, to date, only female prime minister of India. Gandhi was the daughter of Jawaharlal Nehru, the first prime minister of India. She served as prime minister from January 1966 to March 1977 and again from January 1980 until Assassination of Indira Gandhi, her assassination in October 1984, making her the second longest-serving Indian prime minister after her father. During Nehru's premiership from 1947 to 1964, Gandhi was considered a key assistant and accompanied him on his numerous foreign trips. She was elected president of the Indian National Congress in 1959. Upon her father's death in 1964, she was appointed as a member of the Rajya Sabha (upper house) and became a member of Lal Bahadur Shastri ministry, Lal ...
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Politics Of India
Politics of India works within the framework of the country's Constitution. India is a parliamentary democratic secular republic in which the president of India is the head of state & first citizen of India and the prime minister of India is the head of government. It is based on the federal structure of government, although the word is not used in the Constitution itself. India follows the dual polity system, i.e. federal in nature, that consists of the central authority at the centre and states at the periphery. The Constitution defines the organizational powers and limitations of both central and state governments; it is well recognised, fluid (Preamble of the Constitution being rigid and to dictate further amendments to the Constitution) and considered supreme, i.e. the laws of the nation must conform to it. There is a provision for a bicameral legislature consisting of an upper house, the Rajya Sabha (Council of States), which represents the states of the Indian federatio ...
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Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev (Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Government ...
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