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The Jewel in the Crown

The Jewel in the Crown. India. Profile: http://www.odci.gov/cia/publications/factbook/geos/in.html. China and India compared. Foreign presence and dominance Population homogeneity or heterogeneity Income per capita Proto-socialist experience. Hinduism.

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The Jewel in the Crown

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  1. The Jewel in the Crown India

  2. Profile:http://www.odci.gov/cia/publications/factbook/geos/in.htmlProfile:http://www.odci.gov/cia/publications/factbook/geos/in.html

  3. China and India compared • Foreign presence and dominance • Population homogeneity or heterogeneity • Income per capita • Proto-socialist experience

  4. Hinduism • http://www.britannica.com/bcom/eb/article/4/0,5716,108344+1,00.html

  5. India and British Mercantilism • The legacy of colonialism (Britain and France share chartered monopolies): metropoly dictated trade profile persistent surpluses by metropoly no import substitution focus on raw materials and agriculture Replaced moghul warlords with bureaucrats

  6. Post –colonial period • The split into Hindu India and Muslim Pakistan • English language as a unifying force • Infrastructure • Dualism between thee cities and the countryside

  7. Cast system • economic and social status determined at birth • Upper classes free of menial labor • Contrast with other feudal societies:no land ownership (taxes) • No productive investments (accumulation of treasure)

  8. M. Gandhi http://www.mkgandhi.org/ • http://www.biography.com/cgi-bin/biomain.cgi • http://www.mkgandhi.org/ • http://www.mkgandhi.org/epigrams/contents.htm • http://www.mkgandhi.org/epigrams/s.htm#SOCIALISM

  9. India’s Planning • First Plan(1951-1956) agricultural emphasis and infrastructure • Second Plan(1956-1961) mixed economy but the public sector was given a priority • Third Plan(1961-1966) yields in agriculture, electrification,heavy industry • Fourth Plan( 1996-1971) demographic pressure, war, famine aborted in 1967

  10. Nationalization (J. Nehru) • Nationalization, initiated in 1971, resulted in up to 95% government share in most of the industries by 1975. • Riots by the merchants because of the nationalization of wheat trade (state of emergency in 1975, government of I. Gandhi).

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