Few days back, India became the 5thlargest economy in the world. But the talking point was another incidental point in the process.
Bloomberg News reported: “On an adjusted basis and using the dollar exchange rate on the last day of the relevant quarter, the size of the Indian economy in nominal cash terms in the quarter through March was $854.7 billion. On the same basis, UK was $816 billion”. Calculations were done using the International Monetary Fund (IMF) database and historic exchange rates on its terminal.
OVERTAKING BRITAIN A LAUDABLE FEAT
As per a report prepared by State Bank of India (SBI), India had surpassed the UK to become the fifth-largest economy in the world as early as December 2021. But the news of September 2022 sounded more pleasant to the ears because it was not only about taking over Britain but also that it happened in the 75th year of India’s Independence from Britain.
Those who have still not understood the impact of this incidental point should look at the headline in the Chinese mouthpiece Global Times, which said: “GT Voice: India’s leap over UK economy a bitter lesson for London” (September 4, 2022). The report said: “For a long time, there have been no short of Indian media reports accusing the UK of pointing a finger at India's foreign policy and domestic issues with a kind of colonial arrogance. Now as a former British colony, India's leap over the UK in economic size could be seen as a development of historical significance, as well as a blow to those who are still addicted to the memories and colonial dreams of past glory.”
هذه القصة مأخوذة من طبعة September 18, 2022 من Organiser Weekly.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة September 18, 2022 من Organiser Weekly.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
GOING INTO ELECTION MODE
AS KARNATAKA IS ALL SET FOR LEGISLATIVE ELECTIONS IN MAY THIS YEAR, FACTORS LIKE THE DEMAND FOR RESERVATION, ANTI-INCUMBENCY AND VARIOUS OTHER CONTROVERSIES WILL MAKE THIS ELECTION QUITE INTERESTING
ISLAMIC NATION AT A CROSSROADS
AMID POLITICAL INSTABILITY AND MILITARY INTERVENTION, PAKISTAN IS GRIPPED BY ECONOMIC CRISIS WHICH IS FURTHER DETERIORATING: IT WOULD BE INTERESTING TO WATCH HOW THIS ISLAMIC NATION OVERCOMES THE SITUATION
A GAME-CHANGER FOR INDIAN ECONOMY
THE DISCOVERY OF 5.9 MILLION TONNES OF LITHIUM DEPOSITS IN JAMMU AND KASHMIR WILL CHANGE INDIA’S FORTUNE AND ITS JOURNEY TOWARDS SELF-RELIANCE IN ENERGY. IT WILL ALSO CHANGE THE FACE OF THE COUNTRY’S EV SECTOR
REVIVALISM FOR TRANSFORMATION
SWAMI DAYANAND SARASWATI, A REMARKABLE EDUCATIONIST AND REFORMER, PLAYED A SEMINAL ROLE IN REMOVING ORTHODOXY AND OTHER SOCIAL ILLS PLAGUING THE HINDU SOCIETY. HE ALSO MADE EDUCATION ACCESSIBLE TO ALL
'PM MODI'S POLICIES BEHIND BJP'S ENTRY IN NAGALAND'
The entire North East is witnessing a change since the Modi Government came into office in 2014.
RESOLVE TO RECLAIM OUR TERRITORY
FEBRUARY 22 IS MARKED AS THE SANKALP DIWAS RESOLUTION DAY). IT REMINDS US OF THE RESOLVE THE PEOPLE OF INDIA, THROUGH THEIR REPRESENTATIVES IN PARLIAMENT, TOOK TO RECLAIM THE TERRITORIES THAT WERE OCCUPIED THROUGH AGGRESSION IN 1948
WHAT'S COOKING?
RUSSIAN PRESIDENT VLADIMIR PUTIN IS NOT KNOWN TO OFTEN MEET FOREIGN LEADERS BELOW THE RANK OF HEAD OF GOVERNMENT, EVEN FOREIGN MINISTERS ARE RARELY GIVEN AUDIENCE. SO WHEN HE HAD AN HOUR-LONG TETE-A-TETE WITH INDIA’S NATIONAL SECURITY ADVISOR AJIT DOVAL IN MOSCOW RECENTLY, IT CAUGHT THE WORLD’S ATTENTION
A WAY TO DELIVER JUSTICE
WHEN OUR CONSTITUTION MAKERS PROVIDED RESERVATION BENEFITS TO THE SCHEDULED TRIBES, THEY WANTED TO SAFEGUARD THE TRIBAL POPULATION WHILE ENSURING AMPLE OPPORTUNITIES FOR THEM TO PROGRESS. UNFORTUNATELY, RAMPANT CONVERSION HAS CREATED A SITUATION WHERE THE CONVERTS ARE AVAILING DOUBLE BENEFITS WHEREAS TRIBALS WHO CONTINUE TO MAINTAIN THEIR FAITH ARE DEPRIVED OF THE OPPORTUNITIES MEANT FOR THEM
LEGISLATIVE AND JUDICIAL PERSPECTIVE
THE ISSUE OF DELISTING IS BEING RAISED SINCE MANY DECADES. EVEN ATTEMPTS WERE MADE IN PARLIAMENT FOR CONSTITUTIONAL AMENDMENTS TO DELIVER JUSTICE TO THE TRIBAL COMMUNITY. THIS MATTER IS ALSO BEING HEARD IN VARIOUS COURTS
JUSTICE FOR JANJATI COMMUNITY
THE 'JANJATI GARJANA DELISTING RALLY' WAS ORGANISED IN BHOPAL, MADHYA PRADESH ON 10 FEBRUARY. THE RALLY WAS ATTENDED BY EMINENT PERSONALITIES FROM THE COMMUNITY. NOTABLY, SUCH RALLIES ARE BEING IN ORGANISED CONTINUOUSLY IN STATES WHICH HAVE SIGNIFICANT TRIBAL POPULATION SUCH AS MADHYA PRADESH, CHHATTISGARH, ARUNACHAL PRADESH AND ELSEWHERE IN THE NORTH EAST