Friday, December 30, 2011

History of India

         This article is about the history of the Indian subcontinent prior to the partition of India in 1947. For the modern Republic of India, see History of the Republic of India. For Pakistan and Bangladesh, see History of Pakistan and History of Bangladesh. For South India, see History of South India.
          The history of India begins with evidence of human activity of Homo sapiens as long as 75,000 years ago, or with earlier hominids including Homo erectus from about 500,000 years ago.[1] The Indus Valley Civilization, which spread and flourished in the northwestern part of the Indian subcontinent from c. 3300 to 1300 BCE, was the first major civilization in India.[2] A sophisticated and technologically advanced urban culture developed in the Mature Harappan period, from 2600 to 1900 BCE.[3] This Bronze Age civilization collapsed before the end of the second millennium BCE and was followed by the Iron Age Vedic Civilization, which extended over much of the Indo-Gangetic plain and which witnessed the rise of major polities known as the Mahajanapadas. In one of these kingdoms, Magadha, Mahavira and Gautama Buddha were born in the 6th or 5th century BCE and propagated their śramanic philosophies.
Almost all of the subcontinent was conquered by the Maurya Empire during the 4th and 3rd centuries BCE. It subsequently became fragmented, with various parts ruled by numerous Middle kingdoms for the next 1,500 years. This is known as the classical period of Indian history, during which India has sometimes been estimated to have had the largest economy of the ancient and medieval world, controlling between one third and one fourth of the world's wealth up to the 18th century.
Much of northern and central India was once again united in the 4th century CE, and remained so for two centuries thereafter, under the Gupta Empire. This period, witnessing a Hindu religious and intellectual resurgence, is known among its admirers as the "Golden Age of India". During the same time, and for several centuries afterwards, southern India, under the rule of the Chalukyas, Cholas, Pallavas, and Pandyas, experienced its own golden age. During this period, aspects of Indian civilization, administration, culture, and religion (Hinduism and Buddhism) spread to much of Asia.
The southern state of Kerala had maritime business links with the Roman Empire from around 77 CE. Islam was introduced in Kerala through this route by Muslim traders. Muslim rule in the subcontinent began in 712 CE when the Arab general Muhammad bin Qasim conquered Sindh and Multan in southern Punjab in modern day Pakistan,[4] setting the stage for several successive invasions from Central Asia between the 10th and 15th centuries CE, leading to the formation of Muslim empires in the Indian subcontinent such as the Delhi Sultanate and the Mughal Empire.
Mughal rule came from Central Asia to cover most of the northern parts of the subcontinent. Mughal rulers introduced Central Asian art and architecture to India. In addition to the Mughals and various Rajput kingdoms, several independent Hindu states, such as the Vijayanagara Empire, the Maratha Empire, Eastern Ganga Empire and the Ahom Kingdom, flourished contemporaneously in southern, western,eastern and northeastern India respectively. The Mughal Empire suffered a gradual decline in the early 18th century, which provided opportunities for the Afghans, Balochis, Sikhs, and Marathas to exercise control over large areas in the northwest of the subcontinent until the British East India Company gained ascendancy over South Asia.[5]
Beginning in the mid-18th century and over the next century, large areas of India were gradually annexed by the British East India Company. Dissatisfaction with Company rule led to the Indian Rebellion of 1857, after which the British provinces of India were directly administered by the British Crown and witnessed a period of both rapid development of infrastructure and economic decline. During the first half of the 20th century, a nationwide struggle for independence was launched by the Indian National Congress and later joined by the Muslim League. The subcontinent gained independence from the United Kingdom in 1947, after the British provinces were partitioned into the dominions of India and Pakistan and the princely states all acceded to one of the new statesIndia earned its independence from the British on the 15/8/47. But the British army left India ultimately in 1950. The Indians celebrate 26/1/1950 as the Republic Day of India. On this day the Indian constitution was adopted. Until its independence in 1947, other countries which neighbor India today; Pakistan, Bangladesh (formerly East Pakistan), Myanmar (formerly Burma) and distant places like Aden in present day Yemen; were all parts of British India and were all considered as India. Until then (including the British era) India was never one single country but a collection of kingdoms and authorities with no sense of unity. In this sense India as one single country is mainly a result of British rule. Before that the word India was not used to indicate the present day India, but any kingdom, culture or community that existed between present day Afganistan, in the west, up to China and Myanmar in the east.

1. Chapter 1

Wednesday, December 21, 2011

Economic Aspects

              The Economy of India is the ninth largest in the world by nominal GDP and the fourth largest by purchasing power parity (PPP).[2] The country is one of the G-20 major economies and a member of BRICS. The country's per capita GDP (PPP) was $3,408 (IMF, 129th in the world) in 2010, making it a low-Income country.[11]
              The independence-era Indian economy (before and a little after 1947) was inspired by the economy of the Soviet Union with socialist practices, large public sectors, high import duties and lesser private participation characterizing it, leading to massive inefficiencies and widespread corruption. However, later on India adopted free market principles and liberalized its economy to international trade under the guidance of Manmohan Singh, who then was the Finance Minister of India under the leadership of P.V.Narasimha Rao the then Prime Minister. Following these strong economic reforms, the country's economic growth progressed at a rapid pace with very high rates of growth and large increases in the incomes of people.[12]
             India recorded the highest growth rates in the mid-2000s, and is one of the fastest-growing economies in the world. The growth was led primarily due to a huge increase in the size of the middle class consumer population, a large workforce comprising skilled and non-skilled workers, good education standards and considerable foreign investments. India is the seventeenth largest exporter and eleventh largest importer in the world. Economic growth rates are projected at around 7.5%-8% for the financial year 2011-2012.


Inflation Rate
               As of  November 2010 9.11%

Unemployment Rate
               As of 2009-2010 9.4%

Percent of Labor Force
               As of 2010 478 million and in terms of occupation
  •   Agriculture-52%
  •   Industry-    14%    
  •   Services-    34%

Main Products
            rice,
           wheat,
           oilseed,
           cotton,
           jute,
           tea,
          sugarcane,
          potatoes,
           cattle,
        water buffalo,
          sheep,
          goats,
       poultry and
            fish            
Imported Items
        crude oil,
        precious stones,
        machinery
        fertilizer,
        iron and
        steel,
       chemicals
Exported Items
       petroleum products,
          precious stones,
          machinery,
         iron and
         steel,
         chemicals,
         vehicles,
         apparel
Foreign Trading Partners  (as of 2010)
      
    Main Export Partners

                    US 12.6%
                   UAE 12.2 %
                   China 8.1%
                   Hongkong 4.1%
      Main Import Partners
                   China 12.4%
                   UAE 6.5%
                   Saudi Arabia 5.8%
                   US               5.7%
                   Australia       4.5%

Modern Indian Currency Notes
                 Currency 1 Indian Rupee (INR)=100 Paise
                 Fixed Exchange Rates USD=54.2700 INR (as of December 2011)


Currency1 Indian Rupee (INR) (INR) = 100 Paise
Fixed exchange ratesUSD = 54.2700 INR
(December 2011)
[1
Foreign Debt
               $238 billion as iof December 31 of 2010 and 71.84% of GDP

Deficit

Total Population
              Increased from 18.1 million in the past decade the population of India now has 1.21 billion. According  to latest census figures, the number of men in the country 62.37 million and 58.64 million women.
              Trying to control population for the good news is that the population growth rate was 23.87 percent 21.54 percent in 2001, have risen while the 2011 population census 17.64 percent in the past decade.
              The population growth rate has declined steadily.In the past decade the growth rate is 3.90 percent was recorded.


            





           

Tuesday, December 20, 2011

Land Area
             The total land area of India is 3, 287, 590 km2 (1, 269, 346 sq. mi)

India Economic Policies


              Most Popular in Indian Economic Policies
Foreign Direct Investment Policy- Foreign direct Investment (FDI) has become a key.

Industrial Policy, Objectives, and Industrial Climate- industrial policy of a nation is the true.

Existing Economic Policies of India- in the presence of a more globalized environment.
Indian Exim Policy (Foreign Trade Export, and Import Policies Of India)