India’s ideal (regarding socialism) is that most, or all, of the major industries are owned and operated by the government, rather than the individual. India has excessive government control and ownership within the country, which is doing the country more harm than good (as we will see later on). Government-controlled businesses accounted for around 43% of India’s capital stock, and the productivity of these entities was substantially less than that of the private ones. This low productivity in these government-owned business resulted in India’s GDP growth being reduced by 0.7% each year. Now, India’s model, regarding autarky, seemed like more of a Utopian ideal to me. India had a strong desire to maintain independence from the West. Many people in India supported the views of the Communist Party, who were opposed to foreign investment from the West and in favor of more government control and ownership. This, inevitably, lead to tighter restrictions being imposed in the country, especially regarding investment and operations of multinational enterprise. India regarded its basic infrastructure as a very crucial element in developing the economy as a whole. They believed that these activities,…
UTI (Unit Trust of India) The Unit Trust of India to a great extent manages the common asset plans and in this way famously known as UTI Mutual Fund all over India. It is overseen by UTI Asset Management Company Private Limited which was set up on January 14, 2003. UTI Asset Management Company Private Limited has been constituted by the UTI Trustee Company Private Limited for managing different plans created by UTI shared asset furthermore the plans that are exchanged by the UTI common asset…
The prohibition on tobacco advertisements by the Indian Government most likely raises numerous worries and moral contentions. There are those that firmly boycott tobacco products, and there are those that emphatically restrict it. They each have contrasting perspectives and counter contentions to contentions exhibited. I plan to outline every perspective in support of and against the boycott, talk about the irreconcilable circumstance as it relates to the legislature of India, and in addition…
the generosity of the government and private donors to continue their work. Social entrepreneurs often exist in what is called civil society. Bruce Sievers defines civil society as an idea that is made of seven strands philanthropy, the common good, the rule of law, nonprofit and voluntary institutions, individual rights, free expression, and tolerance. Though this definition is pretty standard, because each societies’…
this trend. They should create a positive outlook for the future generations to change their viewpoint of the economy. Young people have pessimistic view on the future, and the expectation of their life. The government should step in and reassure the young generations that there are opportunities for them to…
Index of the 2014 Human Development Report (HDR); India is ranked 135 among 187 countries. This is mostly due to the miserable condition of our education, health and living standards. India’s booming population makes it difficult for children from poor and marginalized communities to afford and/or access basic education and healthcare. This later has far-reaching consequences for the country. The Mid Day Meal Scheme…
This essay analyzes the “Ban on Tobacco advertising by the Government of India. The key aspects discussed in the article by IBS Center for Management Research, (2001) and retrieved from http://www.icmrindia.org/free%20resources/casestudies/ban-tobacco-ads11.htm, discusses the point of views of those for, and against the ban. The argument of the “ayes” is that the proposed legislations is not uncommon in the democratic world and is in keeping with decisions that have been taken internationally by…
Ban on Tobacco Ads by the Government of India In 2001 the government of India instigated a bill which banned tobacco companies from sponsoring sporting and cultural events as well as advertising their products. This induced some fierce debates with people arguing the ethical right the government has to meddle in such affairs, saying it infringes on the people’s rights of choice and building of commerce to improve the economy. The India government purported the objective of the ban was to…
India has been plagued by economic distress since gaining its independence in 1947. The effects of British colonialism were apparent in the new country, marked by a socialist economy and a distrust of other nations’ economies. After two previous attempts, the most recent ongoing push for liberalization began in 1991, aiming to reform taxes and the foreign market. India’s troubles economic troubles have been prominent since the 1700’s, under the British Raj. The British, like most colonizing…
know that 26 million indians died to to starvation because of the british? In 1857 the british was in india and with the fall of the mughal empire they took over india's government and kicked the indians out of any responsibilities they had. But they also modernised india by adding railroads, adding better education as well as modernizing the medicine in india. So did the bad things outweigh the good things of british imperialism over india? Although there were many little good things that came…