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There any change in present Indian economy after British ruler were left India?
Yes, the Indian economy has undergone significant changes since independence from British rule.Here are some of the major changes and developments Industrialization and infrastructure development: After independence, India opt industrialization with a focus on developing industries such as steel, hRead more
Yes, the Indian economy has undergone significant changes since independence from British rule.Here are some of the major changes and developments
Industrialization and infrastructure development: After independence, India opt industrialization with a focus on developing industries such as steel, heavy machinery and basic Infrastructure
The government-also launchedl five-year plans to promote industrial growth.
Agrarian reform: Land reform was carried out to abolish the zamindari system and redistribute land to landless peasants. The Green Revolution introduce high-yielding seed varieties, irrigation and modern farming techniques, significantly boosting agricultural production.
Liberalization and economic reforms: In the 1990s, India implemented economic liberalization policies, opening up the economy to foreign investment.This led to rapid growth in sectors such as IT, telecommunications and services.
See lessGrowth of services sector: The services sector, which includes IT, outsourcing, banking, finance and tourism, has emerged as one of the major contributors to India’s GDP
India has emerged as a global hub for IT services and outsourcing, attracting foreign investment and creating jobs.
Poverty reduction and social development: Despite the challenges, poverty rates have gradually decreased and focusing on social development areas such as education, health and rural development has improved human development.
GOVERNOR OF INDIA
The powers and function of the Governor Of India are:- Submission of audit reports : the reports of the comptroller and Auditor - General relating to the accounts of the state shall be submitted to the Governor of India. The executive power of the state:1)The official control of the State should beRead more
The powers and function of the Governor Of India are:-
["Approval of Treasury Bills is contingent upon the Governor’ deciding whether to approve them.", "Treasury Bills can be approved or denied by the Governor.", "The Governor has the authority to approve or disapprove Treasury Bills.", "The Governor has the authority to approve or disapprove Treasury Bills. What is the procedure?", "The Governor is responsible for approving or rejecting any Treasury Bills."]” style=”text-align: left;padding-left: 40px”> Money Bills: The Governor may give or decline approval of Treasury Bills
See less["Approval of Treasury Bills is contingent upon the Governor’ deciding whether to approve them.", "Treasury Bills can be approved or denied by the Governor.", "The Governor has the authority to approve or disapprove Treasury Bills.", "The Governor has the authority to approve or disapprove Treasury Bills. What is the procedure?", "The Governor is responsible for approving or rejecting any Treasury Bills."]” style=”text-align: left;padding-left: 40px”> 5. Judicial powers:The government of India appoints the judges of the district courts in constitution with the High Court.
["Approval of Treasury Bills is contingent upon the Governor’ deciding whether to approve them.", "Treasury Bills can be approved or denied by the Governor.", "The Governor has the authority to approve or disapprove Treasury Bills.", "The Governor has the authority to approve or disapprove Treasury Bills. What is the procedure?", "The Governor is responsible for approving or rejecting any Treasury Bills."]” style=”text-align: left;padding-left: 40px”>
Bring out the major factors influencing inflation in India.
The major factors influencing the inflation in India can be as follows:- Increase in demand:- when the demand of the goods increase it can cause inflation as there may be not enough goods and services to meet the growing demand resulting in the increase in the price. Increased Food Inflation: IndiaRead more
The major factors influencing the inflation in India can be as follows:-