Impact of Liberalisation

  The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.Liberalization has led to several positive and negative effects on Indian economy and society. Some of the consequences of liberalisation have been briefly described here: 1. Increase in the Direct Foreign Investment: The policy of … Read more Impact of Liberalisation

Impacts of Privatization

Privatization in generic terms refers to the process of transfer of ownership, can be of both permanent or long term lease in nature, of a once upon a time state-owned or public owned property to individuals or groups that intend to utilize it for private benefits and run the entity with the aim of profit maximization. ADVANTAGES … Read more Impacts of Privatization

Impacts of Globalisation:-

Definition of Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- Breaking down of national economic barriers International spread of Trade, Financial and … Read more Impacts of Globalisation:-

French Revolution:-

It gave birth to ideas of liberty, freedom and equality It led to the end of monarchy in France A society based on privileges gave way to a new system of governance The Declarations of the Rights of Man during the revolution, announced the coming of a new time. The idea that all individuals had … Read more French Revolution:-

American War of Independence.

Philosophes such as Voltaire considered England’s government the most progressive in Europe. England’s ruler was no despot, not even an enlightened one. His power had been limited by law. The Glorious Revolution of 1688 had given England a constitutional monarchy. However, while the English monarch’s power was being limited at home, the power of the … Read more American War of Independence.

Wavell Plan & Shimla Conference-

In May 1945, Lord Wavell, the Viceroy of India, went to London and discussed his ideas about the future of India with the British administration. The talks resulted in the formulation of a plan of action that was made public in June 1945. The plan is known as Wavell Plan. The Plan suggested reconstitution of … Read more Wavell Plan & Shimla Conference-

CR Formula

C. Rajagopalachari’s formula (or C. R. formula or Rajaji formula) was a proposal formulated by Chakravarthi Rajagopalachari to solve the political deadlock between the All India Muslim League and Indian National Congress on independence of India from the British. C. Rajagopalachari, a Congress leader from Madras, devised a proposal for the Congress to offer the … Read more CR Formula

August Offer (1940)

After the WWII began, British sought cooperation from India. August Offer offered three proposals. Firstly, it called for an immediate expansion of Viceroy’s Executive Council with the inclusion of India representatives; secondly, an advisory body with the members from British India and Indian princely states which were supposed to meet at consequent intervals was established … Read more August Offer (1940)

Civil Disobedience Movement and Gandhi-Irwin Pact, 1931

Started by Gandhi on 12th March 1930 with the Dandi March. Reached Dandi on April 6. Defiance of forest laws in Maharashtra, Central Province and Karnataka. Refusal to pay chaukidari tax in Eastern India. Wide participation of women Khan Abdul Gaffar Khan organized Khudai Khidmatgars (aka Red Shirts) Nagaland: Rani Gaidilieu First RTC, 1930 Congress … Read more Civil Disobedience Movement and Gandhi-Irwin Pact, 1931

Simon Commission (1927)

Indian Statutory Commission chaired by Simon to go into the question of further constitutional reform All its seven members were Englishmen. Clement Attlee was one of the members. Lord Birkinhead was the secretary of state at that time At its Madras session in 1927 INC decided to boycott the commission “at every stage and in … Read more Simon Commission (1927)