India, Sunday, Dec. 5, 2005. Dalits, who belong to the lowest of castes according to the Indian caste system, came from different parts of India to participate in a rally to mark World Dignity Day. Caste is an ancient system of social hierarchy...
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Despite India's economic achievements in the past decade, some media outlets and experts believe that the actual economic performance was not as good as the government claimed, and the benefits of development have not truly reached the lower strata of society. The "Make in India" initiative, pr...
What is a free economic system? What kind of economic system does Canada have? Which institution controls a planned economic system? What type of economic system does India have? What type of economic system does Greece have? What is prohibited in a command economy? What is economic governance...
Design/methodology/approach Using INDIA KLEMS data set, this study provides a distinctive perspective on India's economic growth. A unique data set comprising 27 sectors of Indian economy at a disaggregate industry level for a period of 30 years, beginning 1980s, attempts to understand the ...
It is customary for the government of India to release its annual Economic Survey a day before presenting the Union Budget in its parliament. The first survey was presented in 1950-51 as a part of the budget. From 1964 onwards, it has been presented separately. The budget too is not prese...
This condition is remains in the various legislatures, to government jobs, and to enrollment in higher educational institutions as well. This reservation system had been started as an affirmative action program for protecting the oppressed castes of India from caste based discrimination. But now this...
The introduction of the Kuwaiti dinar (KWD) in 1961 was a replacement for the Gulf rupee. The Gulf rupee was a currency peggedat parityto the Indian rupee. Issued in 1959 by the Indian government, the Gulf rupee was for use outside of India, particularly in the Persian Gulf region. Like...
What Is Mercantilism? Mercantilism was an economic system of trade that spanned the 16th century to the 18th century. Mercantilism was based on the principle that the world's wealth was static, and consequently, governments had to regulate trade to build their wealth and national power. Many Eu...