Easy humanities

Definition   A foreign direct investment (FDI) is a controlling ownership in business enterprises in one country by an entity based in another country. In developing countries like India It is an opportunity to make the Economy in a balance Position or make if even better one. As it are playing as one of the growth engines of an economy. FDI is now considered as a creator of Wealth through its corporate sector and mobilize of much needed resources. FDI flows comprises capital provided by foreign investors, directly or indirectly to enterprises in another economy with an expectation of obtaining profits derived from the capital participation in the management of the enterprises in which they invest. Foreign Capital in India Everywhere in the world including the developed countries, governments are vying with each other to attract foreign capital. The belief that foreign capital plays a constructive role in a country’s economic development. It has become even stronger since mid-1980. Ne

Here we detail about the following nine important roles played by public sector in Indian economy, i.e., (1) Generation of Income, (2) Capital Formation, (3) Employment, (4) Infrastructure, (5) Strong Industrial Base, (6) Export Promotion and Import Substitution, (7) Contribution to Central Exchequer, (8) Checking Concentration of Income and Wealth, and (9) Removal of Regional Disparities. 1. Generation of Income: Public sector in India has been playing a definite positive role in generating income in the economy. The share of public sector in net domestic product (NDP) at current prices has increased from 7.5 per cent in 1950-51 to 21.7 per cent in 2003-04. Again the share of public sector enterprises only (excluding public administration and defence) in NDP was also increased from 3.5 per cent in 1950-51 to 11.12 per cent in 2005-06. 2. Capital Formation: Public sector has been playing an important role in the gross domestic capital formation of the country. The share of publ

Definition of Disinvestment At the very basic level, disinvestment can be explained as follows: “Investment refers to the conversion of money or cash into securities, debentures, bonds or any other claims on money. As follows, disinvestment involves the conversion of money claims or securities into money or cash.” Disinvestment can also be defined as the action of an organisation (or government) selling or liquidating an asset or subsidiary. It is also referred to as ‘divestment’ or ‘divestiture.’ In most contexts, disinvestment typically refers to sale from the government, partly or fully, of a government-owned enterprise. A company or a government organisation will typically disinvest an asset either as a strategic move for the company, or for raising resources to meet general/specific needs. Objectives of Disinvestment The new economic policy initiated in July 1991 clearly indicated that PSUs had shown a very negative rate of return on capital employed. Inefficient PSU

  The Renaissance was rendered possible by a combination of number of factors which were as follows: 1.   Decline of Feudalism. In the first place the decline of feudalism, which was the basis of life during the medieval period, greatly contributed to the rise of Renaissance. The feudalism which began to decline by the close of the thirteenth century in France and Italy virtually disappeared from Western European countries by the 1500 A.D The one major factor which played a dominant role in the decline of feudalism was the rise of the middle class comprising of traders and businessmen. These middle classes provided the kings necessary money for the maintenance of armies and thereby enabled them to reduce their dependence on the feudal lords. Further, due to development of trade and commerce during this period, there was great increase in prices which greatly benefited the craftsmen, merchants and cultivators. As the feudal lords could not in­crease their rents they were forced to borro

  From 14th to 17th century some important developments like Renaissance and Reformation took place, which resulted in an end to Feudal order. Renaissance (Rebirth) – 14 th  to 17 th  Century Renaissance began as a movement to revisit the old scriptures and learn about ancient Greece and Rome but soon turned into a movement of new ideas in art, religion, literature, philosophy, science and politics. It resulted in decline of Church’s influence in the intellectual & cultural life of Europe. While the Church talked about peace in life after death, the Renaissance thinkers attacked the Church and talked about happiness on this earth. Humanism was at the core of Renaissance. It meant focus on Humanity, rather than Divinity. Renaissance came to imply a new thinking, which was humanistic and rational, rather than superstitious.   Renaissance resulted in ascendance of local European languages in literature, instead of Latin. Thus it helped in linguistic development and thus, in developmen

Salt March is also known as Salt Satyagraha, Dandi March or Civil Disobedience Movement. The Salt Satyagraha was initiated by Mahatma Gandhi against the salt tax that was imposed by the British Government in India. It was a mass civil disobedience movement. Let us read in detail about Gandhi's Salt march. As we know that the major non-violent protest was led by Mahatma Gandhi in India during the struggle for freedom and Salt Satyagraha was one of them. It was started in March-April 1930. The Salt March began with around 80 people, it was 390 km-long journey and later it grew into a strong force of around 50,000 people. Why does Salt Satyagraha begin? The Congress Party in the Lahore session of December 1929, passed the Purna Swaraj resolution. It was proclaimed on 26 January, 1930 and decided that civil disobedience was the way to achieve it. Mahatma Gandhi chooses the path of non-violence to break the salt tax against the British government. Salt was a commodity used by al

  DALIT MOVEMENT    ‘Nothing can emancipate the outcaste except the destruction of the caste system’. B.R. Ambedkar . Above lines implies how annihilation of caste system was and is important for robust and sound society . Caste system ( so called varna ) was brought by arayans , who came from central system . according this system , people were classified on the basis of their birth and duties were given on its basis . in simple words if an infant takes birth in bramhan family then , he would be considered as brahamn whereas if s/he takes birth in vaishaya then , s/he would be considered vaishaya and so on . by doing so , brahamins , Kshatriyas , vaishyas and sudras were categorized. Their works and professions were also varied  for instance , brahamns were supposed to do worship , read vadas and preaching , Kshatriya had to protect realm , study vedas and donate while vaishayas acted as trading entity and their way of life demanded study , sacrifice and giving of alms . Among them