INDIA- OVERVIEW OF RECENT PAST


        

          Gandhiji awakened India's masses, reinforced their aspiration for freedom from British rule and raised their consciousness about India as one nation. He inspired them to the ideal of nonviolence in resolving all disputes and  tolerance towards all religions. Framing of progressive Indian Constitution and democratic republic form of government based on universal adult franchise were big achievements of the early political leaders, after independence.


          Nehru, the first prime minister of India, as a man of integrity, and international outlook was loved by its people. He encouraged industrial development  of India and scientific research in higher education. But his socialistic bent (though well intended) marked by central planning of economy was responsible for slow growth of India's economy for almost forty years (so called Hindu rate of gdp growth of three and half percent, per year). India suffered from the impediments of license-raj.


          The real positive break came with the reforms initiated  by the finance minister Manmohan Singh under the  prime ministry of Narsimha Rao. They led to the end of license-raj, freeing large sectors of the economy from the control of central government. Over the period of next fifteen to twenty years India's gdp grew on average at about 6 to 7 percent, per year.


          

Comments

Post a Comment

Popular posts from this blog

                                                            ATTITUDE           In our life and death  there are very few things we can control. Our mental attitude is one of those things which we can relatively control. Our attitude toward things and  people plays a large role in our being happy or miserable.           Some of our suffering is caused by being bothered about what other people think or  talk about  us. Think: "other people's feelings or opinions do not touch my skin. Why  should   I be bothered? It is OK if some people do not like me. So what?"           We often make ourselves miserable by brooding about regrets and resentments  of the past: Why did my father always put me down? Why did I not get admission to a...
Read more
                                                TO BE GRATEFUL  &  TO BE FORGIVING                Remembering somebody who has enriched our life, with a sense of gratitude, gives a  soothing feeling to our heart. From our parents, our teachers, great writers, to inspiring leaders:  frequently and sincerely expressing our gratefulness to those who have helped us in any way, brings  peace to our mind.                Another thing to do to be happier is to let go of past resentments. To forgive someone who may have offended us in the past is a wise thing to do. Just as carrying a light luggage in travel  makes our journey more comfortable, reducing vengefulness toward  persons who may have caused us  a grief at some point in life, relieves us of a bu...
Read more
ISM      Ism is an ideology held with such fervor by its believers that it leads them to forcefully oppose any system which differs from their own. History is replete with such ideologies and they are prevalent even today. The genocide of Jews that took place in Europe during the middle of twentieth century under Hitler's Nazism (belief in Aryan Supremacy) still makes our heart tremble with disbelief. Under Stalin's communist rule in Soviet Union, millions of innocent people lost their lives. During the campaign of collective farming enforced in 1950s under Mao's communism, hundreds of thousands of people died of starvation or systematic killing in China.      We have witnessed the collapse of communist economic system near the end of twentieth century. We have also seen deep recession that occurred in U.S.A. in 2008, when capitalist market system was allowed to run without any checks.      No one holds monopoly on truth. Mahatma Gandhi's lif...
Read more