Kumar with 87% ISC pays Rs.185000 in an engineering college and Rajiv with 56% ISC pays Rs.80000 only in the same college. What made this difference? The answer is “caste based reservation”. Kumar belonged to a Brahmin family whereas Rajiv was from ‘scheduled caste’. Admittedly‚ caste is a social reality and a mechanism of oppression in an Indian society. But going deep into this society two main questions arise – Is caste only the mechanism of oppression? Is everyone amongst the ‘upper castes’
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Globalization can be defined as the process of worldwide integration through the exchange of products‚ ideas‚ and other aspects of culture. Globalization increases the development of a global economy through free trade‚ free flow of capital‚ and cheap foreign labor markets. Globalization began with the settlement of new land. Communication and transportation advances have impacted this process. Globalization can have a positive or negative impact on a culture. It can positively impact a culture with
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corruption‚ and the failings of this system were due largely to its poor implementation.[14] In 1991‚ India adopted liberal and free-market principles and liberalized its economy to international trade under the guidance of Former Finance minister Manmohan Singh under the Prime Ministry of P.V. Narasimha Rao‚ prime minister from 1991 to 1996‚ who had eliminated License Raj‚ a pre- and post-British era mechanism of strict government controls on setting up new industry. Following these major economic reforms
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Insurance Sector in India Last Updated: August 2013 Brief Introduction Currently India is a US$41 billion industry. Currently‚ in India only two million people (0.2% of the total population of 1 billion) are covered under Mediclaim‚ whereas in developed nations like USA about 75% of the total population are covered under some insurance scheme. A robust insurance sector is a boon to a country’s economy. The sector facilitates long-term funds for infrastructure development and simultaneously
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Telangana is a region in the state of Andhra Pradesh in India. It has borders with states of Maharashtra on the north and north-west‚ Karnataka on the west‚ Chattisgarh on the north-east‚ Orissa and Coastal Andhra region on the east and Rayalseema region of Andhra Pradesh on the south. This region has an area of 1‚14‚840 square kilometres and a population of 3‚52‚86‚757 which is 41.6% of Andhra Pradesh state population. The Telangana region has 10 districts: Adilabad‚ Hyderabad‚ Khamam‚ Karimnagar
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The service sector‚ also called the tertiary sector‚ is one of the three parts of the economy in the Three-sector hypothesis. This hypothesis breaks the economy into three main areas so it can be better understood. The other two are the primary sector‚ which covers areas such as farming‚ mining and fishing; and the secondary sector which covers manufacturing and making things. The service sector provides a service‚ not an actual product that could be held in your hand. Activities in the service
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Foreign Direct Investment in Retail | The Retail Industry is the sector of economy which is consisted of individuals‚ stores‚ commercial complexes‚ agencies‚ companies‚ and organizations‚ etc.‚ involved in the business of selling or merchandizing diverse finished products or goods to the end-user consumers directly and indirectly. Goods and products of the retail industry or sector‚ are the finished final objects/products of all sectors of commerce and economy of a country. The Retail sector
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Sheet1 RANK 1 2 3 4 PARTICIPANT NAME COLLEGE NITIN GAJANAN MALUSARE JANARDAN INSTITUTE GIRISH MAHESHKUMAR SAVLANI K S BUSINESS SCHOOL PRATEEK GOVILA BIT MESRA PUNE UNIVERSITY DEPARTMENT OF KISHAN BHATTAD MANAGEMENT SCIENCES (PUMBA) CITY MUMBAI AHMEDABAD RANCHI PUNE PORTFOLIO 1666999.9 1666553.6 1666432.5 1662356.05 TURNOVER 16935103.38 19998020 19946293.4 0 % GAIN 11.13% 5.67% 9.36% 0.00% Basis highest % change in profit compared to the previous day portfolio COMMENTS REMARKS 5 6 7 8 9 10 11 12
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Caste Discriminations in India India is an extreme diverse country with vast differences in geography‚ climate‚ cultures‚ languages and ethnicity across its expanse. India is a union of twenty-eight states and seven union territories. India is also well known from its caste system. In order for me to fully understand the concept of the word caste‚ in my Webster dictionary it states that caste is a social group or class distinction. The word caste derives from the Portuguese casta‚ meaning breed
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Latest news Inflation remains a serious concern in India with the Consumer Price Index (CPI)-based inflation rising for the fifth consecutive month in February. At 10.9% from a year ago‚ consumer price inflation in India is the second highest among major economies—we still have some way to go before we can challenge Venezuela. Prices in the food‚ beverages and tobacco segment went up 13.4% from a year ago‚ a 33-month high. Vegetable prices have shot up 21% year-on-year. Core CPI inflation (ex-food
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