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Liberalism In India
This article gives an overview of liberalism in India. History Soon after Indian independence, Chakravarthi Rajagopalachari (informally called Rajaji), began to see the risks to India of letting Nehru's fervor for socialism go unchallenged. Rajaji parted ways with the Indian National Congress in 1957 and formed the Swatantra Party which supported classical liberal principles and free enterprise. Since then, many new thinkers such as S. V. Raju, Sharad Anantrao Joshi, Barun Mitra, Lok Satta Jayaprakash Narayan, Parth J. Shah, Gurcharan Das, and Sauvik Chakraverti, Raghavendar Askani, Venkatesh Geriti, among others, have emerged on the Indian liberal scene, contributing to the debate on freedom in India, and advancing classical liberalism. Economic liberalisation India's first attempt at economic liberalisation was carried out in 1966 as a precondition to an increase in foreign aid. The economic liberalisation of 1991, initiated by then- Prime Minister of India P. V. Naras ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, interm ...
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Economic Liberalization
Economic liberalization (or economic liberalisation) is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism. Liberalization in short is "the removal of controls" to encourage economic development. Many countries have pursued and followed the path of economic liberalization in the 1980s, 1990s and in the 21st century, with the stated goal of maintaining or increasing their competitiveness as business environments. Liberalization policies may or often include the partial or complete privatization of government institutions and state-owned assets, greater labour market flexibility, lower tax rates for businesses, less restrictions on both domestic and foreign capital, open markets, etc. In support of liberalization, former British prime minister Tony Blair wrote that: "Success will go to those companies and countries whic ...
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Liberalism In India
This article gives an overview of liberalism in India. History Soon after Indian independence, Chakravarthi Rajagopalachari (informally called Rajaji), began to see the risks to India of letting Nehru's fervor for socialism go unchallenged. Rajaji parted ways with the Indian National Congress in 1957 and formed the Swatantra Party which supported classical liberal principles and free enterprise. Since then, many new thinkers such as S. V. Raju, Sharad Anantrao Joshi, Barun Mitra, Lok Satta Jayaprakash Narayan, Parth J. Shah, Gurcharan Das, and Sauvik Chakraverti, Raghavendar Askani, Venkatesh Geriti, among others, have emerged on the Indian liberal scene, contributing to the debate on freedom in India, and advancing classical liberalism. Economic liberalisation India's first attempt at economic liberalisation was carried out in 1966 as a precondition to an increase in foreign aid. The economic liberalisation of 1991, initiated by then- Prime Minister of India P. V. Naras ...
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Amartya Sen
Amartya Kumar Sen (; born 3 November 1933) is an Indian economist and philosopher, who since 1972 has taught and worked in the United Kingdom and the United States. Sen has made contributions to welfare economics, social choice theory, economic and social justice, economic theories of famines, decision theory, development economics, public health, and measures of well-being of countries. He is currently a Thomas W. Lamont University Professor, and Professor of Economics and Philosophy at Harvard University. He formerly served as Master of Trinity College at the University of Cambridge. He was awarded the Nobel Memorial Prize in Economic Sciences in 1998 and India's Bharat Ratna in 1999 for his work in welfare economics. The German Publishers and Booksellers Association awarded him the 2020 Peace Prize of the German Book Trade for his pioneering scholarship addressing issues of global justice and combating social inequality in education and healthcare. Early life and educ ...
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Jayaprakash Narayan (Lok Satta)
Jaya Prakash Narayana (born 14 January 1956), is an Indian liberal politician and activist. He is the founder and president of Lok Satta Party. He served as a Member of the Legislative Assembly from Kukatpally constituency of Andhra Pradesh in India. In May 2014, he contested from Malkajgiri as a Member of Parliament and lost. A former Indian public administrator and physician by education, he is the founder and General Secretary of Foundation for Democratic Reforms(NGO), an independent public-policy think-tank and research-resource centre. Narayana is also a political reformer and columnist. He is well known for his role in electoral reforms and the Right to Information (RTI) act. He has also written columns in Indian newspapers, such as ''Times of India'', ''The Economic Times'', '' Financial Express'', ''The Hindu'' and '' Eenadu'', and hosted television shows covering elections and politics such as "''Pratidhwani''", and also acts as a mentor to Vision India Foundation. ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ...
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Prime Minister Of India
The prime minister of India (IAST: ) is the head of government of the Republic of India. Executive authority is vested in the prime minister and their chosen Council of Ministers, despite the president of India being the nominal head of the executive. The prime minister is often the leader of the party or the coalition with a majority in the lower house of the Parliament of India, the Lok Sabha, which is the main legislative body in the Republic of India. The prime minister and their cabinet are at all times responsible to the Lok Sabha. The prime minister is appointed by the president of India; however the prime minister has to enjoy the confidence of the majority of Lok Sabha members, who are directly elected every five years, lest the prime minister shall resign. The prime minister can be a member of the Lok Sabha or of the Rajya Sabha, the upper house of the parliament. The prime minister controls the selection and dismissal of members of the Union Council of Ministe ...
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Economic Liberalisation
Economic liberalization (or economic liberalisation) is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism. Liberalization in short is "the removal of controls" to encourage economic development. Many countries have pursued and followed the path of economic liberalization in the 1980s, 1990s and in the 21st century, with the stated goal of maintaining or increasing their competitiveness as business environments. Liberalization policies may or often include the partial or complete privatization of government institutions and state-owned assets, greater labour market flexibility, lower tax rates for businesses, less restrictions on both domestic and foreign capital, open markets, etc. In support of liberalization, former British prime minister Tony Blair wrote that: "Success will go to those companies and countries which ...
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Classical Liberalism
Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. It gained full flowering in the early 18th century, building on ideas stemming at least as far back as the 13th century within the Iberian, Anglo-Saxon, and central European contexts and was foundational to the American Revolution and "American Project" more broadly. Notable liberal individuals whose ideas contributed to classical liberalism include John Locke,Steven M. Dworetz (1994). ''The Unvarnished Doctrine: Locke, Liberalism, and the American Revolution''. Jean-Baptiste Say, Thomas Malthus, and David Ricardo. It drew on classical economics, especially the economic ideas as espoused by Adam Smith in Book One of '' The Wealth of Nations'' and on a belief in natural law, progr ...
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Chakravarthi Rajagopalachari
Chakravarti Rajagopalachari (10 December 1878 – 25 December 1972), popularly known as Rajaji or C.R., also known as Mootharignar Rajaji (Rajaji'', the Scholar Emeritus''), was an Indian statesman, writer, lawyer, and independence activist. Rajagopalachari was the last Governor-General of India, as India became a republic in 1950. He was also the first Indian-born Governor-General, as all previous holders of the post were British nationals. He also served as leader of the Indian National Congress, Premier of the Madras Presidency, Governor of West Bengal, Minister for Home Affairs of the Indian Union and Chief Minister of Madras state. Rajagopalachari founded the Swatantra Party and was one of the first recipients of India's highest civilian award, the Bharat Ratna. He vehemently opposed the use of nuclear weapons and was a proponent of world peace and disarmament. During his lifetime, he also acquired the nickname 'Mango of Salem'. Rajagopalachari was born in the Thor ...
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Venkatesh Geriti
Venkatesh Geriti is an Indian classical liberal, anti-corruption activist, and social entrepreneur. He is the founder of Swatantrata Center and India's Future Foundation, an educational organization in Hyderabad, and a scholar at Atlas Summit. Venkatesh received the Karmaveer Chakra Award and Global Fellowship Award in 2019 from the International Confederation of Non-Governmental Organizations in partnership with United Nations . He is a member of the Centre for Civil Society and an alumnus of Foundation for Economic Education., Students For Liberty, Friedrich Naumann Foundation, Liberty International, Atlas Network Early life and career Venkatesh was born into a poor family of farmers in Nellore, Andhra Pradesh. He was the co-organizer and speaker at Start-Up Europe Week 2017 while he studied international business and development economics in Italy. Politics Venkatesh is influenced by Nagabhairava Jaya Prakash Narayana and joined Lok Satta Party in his student life. Ve ...
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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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