Independence of India ¤ Sailing of San Gabriel To India When the San Gabriel sailed around the Cape of Good Hope to finally dock at Calicut‚ a prosperous port and an independent principality on the Malabar Coast in May‚ 1498‚ half a century of the Portuguese tentative to find a sea route to India was finally crowned with success. The man behind the quest was Vasco da Gama (1460-1524) – a devout Roman Catholic whose nightlong vigil in a Lisbon chapel before commending himself to the unsure
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system and the Hindu caste system are both systems in which people are organized into a hierarchy as a result of social stratification. They are systems that follow the concept of social order based on wealth‚ power‚ status and occupation. The Hindu caste system is an closed system; individuals are assigned status at birth with no opportunities to improve their quality of life. In order to move up the social hierarchy‚ individuals must fulfill their duty (dharma) in their caste. The willing completion
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FDI Policy in India FDI as defined in Dictionary of Economics (Graham Bannock et.al) is investment in a foreign country through the acquisition of a local company or the establishment there of an operation on a new (Greenfield) site. To put in simple words‚ FDI refers to capital inflows from abroad that is invested in or to enhance the production capacity of the economy. [9] Foreign Investment in India is governed by the FDI policy announced by t he Government of India and the provision
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production. Thanks to the impact of green revolution though‚ it was limited to same crops and too in limited states. To ensure easy access to food at household level‚ government monopolizes grain management and subsidized food gains. Paradoxically‚ India attained national food self-sufficiency 35 years ago yet about 35% of its population remains food insecure. Low incomes and high food prices prevent individual food security. Another aspect of Indian food security situation is that after over three
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INDUSTRIES Today India is one among the top ten industrial nations of the world. Industrial development has changed India’s economy from under-developed status to developing status. Industries can be classified into various types on the basis of their structure. The two main types are: 1) Manufacturing industries including heavy and light industries. 2) Small-scale and cottage industries . Manufacturing industries: Industries which are concerned with the processing or conversion of raw
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Why India is still a Developing Nation and not a Developed Nation This resource will provide necessary information on why India is still a developing nation and not a developed nation even though there are lots of options provided by the government for the development criteria. India is one of the fastest developing countries in the world. But you can see the fact that the speed of the development is not as good when compared to the other countries that are already developed and
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Banking in India in the modern sense originated in the last decades of the 18th century. The first banks were Bank of Hindustan (1770-1829) and The General Bank of India‚ established 1786 and since defunct. The largest bank‚ and the oldest still in existence‚ is the State Bank of India‚ which originated in the Bank of Calcutta in June 1806‚ which almost immediately became the Bank of Bengal. This was one of the three presidency banks‚ the other two being the Bank of Bombayand the Bank of Madras
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focusing on is India. India’s tourism industry has had a rapid growth in the past years. This is because the government has been promoting to ‘incredible India’ (Web1). India is currently growing at 30% per annum (Web 1). In 2006 four million tourists visited India and spent over $8.9 billion (Web 1). As transport has got better in the past years more people can visit other countries. One of these countries being India. There are 17 major tourist attractions in India. Some of these
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History of India [pic] The History of India can be traced in fragments to as far back as 700‚000 years ago. The Indus Valley Civilization‚ one of the oldest in the world‚ dates back at least 5‚000 years. According to the Indo-Aryan migration hypothesis‚ the Aryans‚ a nomadic people‚ possibly from Central Asia or northern Iran migrated into the north-west regions of the Indian subcontinent between 2000 BCE and 1500 BCE. Their inter-mingling with the earlier Dravidian cultures apparently resulted
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Atlee‚ who was sympathetic towards the Indians‚ became the Prime Minister of England. He sent the Cabinet Mission to India to solve the political problem (whether to divide the country or to leave it united) and to devise means of granting her independence. It recommended that there should be a Constituent Assembly to frame the Constitution of India. The Constituent Assembly of India met under the temporary chairmanship of Sachidananda Sinha‚ as he was then the eldest member of the Assembly‚ and elected
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