Regional imbalances and income inequalitiies in India: Steps taken by the Government to reduce it.

Regional imbalances and income inequalitiies in India: Steps taken by the Government to reduce it. Regional imbalance is the disparity in economic and social development of two regions. One region/city/area is stronger than another region/city/area. Regions develop when investments are made to set up industries, service sectors, educational institutions, health care facilities etc. Income inequality is the unequal distribution of … Read more

Non Alignment Movement

  One of the basic tenets of our foreign policy has been non-alignment. As an element of foreign policy non-alignment m e a n s i n d e p e n d e n t o f b l o c s , peaceful coexistence, global peace, disarmament, struggle against all manifestations of injustices … Read more

ADMINISTERED PRICES INCLUDING MSP AND PROCUREMENT PRICES

  Historical context The emergence of agricultural Price Policy in India was in the backdrop of food scarcity and price fluctuations provoked by drought, floods and international prices for exports and imports. This policy in general was directed towards ensuring reasonable food prices for consumers by providing food grains through Public Distribution System (PDS) and … Read more

Sources of Energy

Sources of Energy: Conventional and Nonconventional Sources – Energy is one of the most important component of economic infrastructure. It is the basic input required to sustain economic growth. There is direct relation between the level of economic development and per capita energy consumption. Simply speaking more developed a country, higher is the per capita … Read more

MARATHA EMPIRE

Rise of Maratha Empire Chhatrapati Shivaji Maharaj (Shivaji Shahaji Bhosale) was the founder of strong Maratha Empire in the west part of India in 17th Century. Chhatrapati Shivaji Maharaj (Shivaji Shahaji Bhosale) was born in the fort of Shivneri, near from city Junner (Pune District), in the year 1630 (19th February’ 1630). His mother Jijabai … Read more

Origin of the Monsoon:

  Classcial Theories: Halley’s Thermal concept: Indian monsoon is because of contrast between Indian Subcontinent and adjoining Indian Ocean. Halley’s theory, suggested in 1686, considers the summer monsoon to be a regional phenomenon. Aerological concept: This was suggested by R. Scherhag in 1948. According to this theory, monsoon circulation develops due to changes in air … Read more

Liberation War of Bangladesh

  The Liberation War of Bangladesh in 1971 was the culmination of a 25-year tumultuous relationship between East and West Pakistan. The British failed to keep a united India as riots started between the Hindus, Sikhs and Muslims in 1946. The riots were so widespread that on August 14, 1947 India was portioned into two … Read more

Integration of Princely States

  Under the plan of 3 June, more than 562 princely states were given the option of joining either India or Pakistan, or choosing independence. Indian nationalists and large segments of the public feared that if these states did not accede, most of the people and territory would be fragmented. The Congress as well as … Read more

Land Revenue System under British Rule

  Since the grant of diwani for Bengal, Bihar and Orissa in 1765, the major concern of the East India Company’s administration in India was to collect as much revenue as possible. Agriculture was the main basis of economy and the main source of income and hence, although the nawabi administration was retained with Muhammad … Read more