Chapter 3 __________________________________________________________ Balance of Payments from a Comparative Perspective: China‚ India‚ and Russia under Globalization Akira Uegaki Introduction The three regional powers of China‚ India‚ and Russia have been actively participating in international trade and international financing recently‚ although they have large populations‚ huge territories‚ and abundant natural resources‚1 which would enable them to be independent and autarkic. The globalization
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PHILOSOPHY Politics of India take place in a framework of a federal parliamentary multi-party representative democratic republic modeled after the British Westminster System. The Prime Minister of India is the head of government‚ while the President of India is the formal head of state and holds substantial reserve powers‚ placing him or her in approximately the same position as the British monarch. Executive power is exercised by the government. Federal legislative power is vested in both the government
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India in 21st centuries Our country has made tremendous progress after independence and we have very optimistic picture of it. If we compare the progress of these four decades with the country that India was at the close of the 19th century‚ we would wonder at the difference.The present country has achieved great success in economics‚ trade‚ industry‚ education and science. And now we can presume that India will surely occupy an important position in the world in 21st century. The day is not far
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Will India Become a Superpower? More than sixty years ago‚ in the summer of 1948‚ the Indian nation‚ then newly-born‚ was struggling for its very survival. It was pierced from the left by the Communists‚ and pinched from the right by Hindu extremists. And there were other problems aplenty. Eight million refugees had to be resettled; provided with land‚ homes‚ employment and a sense of citizenship. Five hundred princely states had to be integrated‚ one by one‚ a process that involved much massaging
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NATIONALISM IN INDIA Introduction: Allegories‚ songs and past had played a great role in the rise of nationalism in Europe. Similarly‚ in India the struggle against oppressive colonial rule brought the people close from where they visualised themselves as a part of great nation‚ i.e.‚ India. World War I‚ Khilafat and Non-Cooperation: World War I came to an end in 1919. There was a new political and economic situation in India. Defence budget was increased and forced recruitment of peasants in army
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President of India From Wikipedia‚ the free encyclopedia President of India Presidential Standard Incumbent Pranab Mukherjee since 25 July 2012 Style Hon’ble President (Within India) His Excellency (Outside India) Residence Rashtrapati Bhavan Appointer Electoral College Term length Five years (renewable) Inaugural holder Rajendra Prasad 26 January 1950 Formation Indian Constitution 26 January 1950 Salary 1.5 lakh (US$2‚400) (monthly)[1] Website President of India The President
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Poverty in India is widespread with the nation estimated to have a third of the world’s poor. According to a 2005 World Bank estimate‚ 42% of India falls below the international poverty line of US$ 1.25 a day (PPP‚ in nominal terms 21.6 a day in urban areas and 14.3 in rural areas); having reduced from 60% in 1981.[1] According to the criterion used by the Planning Commission of India 27.5% of the population was living below the poverty line in 2004–2005‚ down from 51.3% in 1977–1978‚ and 36% in
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occupation by which a person can earn his living. And Unemployment is the inability of providing gainful work to people who are willing to work. And for a country like India‚ employment has become one of the major challenges of the current economy. Despite the economic reforms and the IT & BPO boom‚ the unemployment situation in India is getting worse. Therefore‚ emphasis is given on providing more employment opportunities which in turn reflects on economic growth of the country. Whenever we are talking
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WOMEN ’S EMPOWERMENT IN INDIA Introduction Women’s empowerment in India is heavily dependent on many different variables that include geographical location (urban/rural)‚ educational status‚ social status (caste and class)‚ and age. Policies on women’s empowerment exist at the national‚ state‚ and local (Panchayat) levels in many sectors‚ including health‚ education‚ economic opportunities‚ gender-based violence‚ and political participation. However‚ there are significant gaps between policy advancements
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India is blessed with a vast and rich heritage. One has only to see the various architectural marvels and cultural institutions that dot the geographical expanse of India to glimpse the richness of our heritage. The science and technology of ancient India was quite advanced. Many historians believe that most of the scientific advances believed to have been made in Europe had been achieved centuries ago in India. Such advances covered major fields of human knowledge and activities like mathematics
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