Notes and Study material for Exams
IMPACT OF NEW ECONOMIC POLICY India’s post-independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the government adopted the new economic model known as INFRASTRUCTURE, into a modern developed economy. New Economic Policy 1991 India opened up the economy in the … Read more
Gandhiji was arrested in 1922 and sentenced to 6 years of imprisonment. The result was the spread of disintegration, disorganization and demoralization in the nationalist ranks. After a defeat of their resolution of ‘either mending or ending’ in the Congress, CR Das and Motilal Nehru resigned and formed the Congress-Khilafat Swaraj Party in December … Read more
The Economic Crisis of 1991: A Turning Point in India’s History The year 1991 marked a watershed moment in India’s economic history. The country, once a beacon of socialist ideals, found itself teetering on the brink of an unprecedented economic crisis. This period, often referred to as the “Balance of Payments Crisis,” was a culmination … Read more
The Five-Year Plans: A Legacy of Ambitious Goals and Mixed Results The concept of the Five-Year Plan, a centralized economic strategy aimed at rapid industrialization and societal transformation, emerged in the early 20th century and left an indelible mark on the global political and economic landscape. While most closely associated with the Soviet Union, the … Read more
Buran: The Soviet Space Shuttle That Flew Once The Soviet Union’s space program, a formidable competitor to the United States during the Cold War, achieved many remarkable feats. From the first satellite, Sputnik, to the first human in space, Yuri Gagarin, the Soviets consistently pushed the boundaries of space exploration. However, one of their most … Read more