years of indian history

8/12/2019 Years of Indian History

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Important Years in INDIAN History

1866 First Indian Political Association

1870 Poona Sarvajanik Sabha

1876 The Indian Association1884 Madras Mahajana Sabha

1885 -Bombay Presidency Association

1885 Dec -Indian National Congress

Three Important Periods :

1885-1905 Moderate Period

1905-1919 Extremist Period

1919-1947 Gandhian Period

1905 Vandemataram movement

1916 Home Rule movement

1920 Non-Cooperation Movement

1930 Civil Disobedient Movement

1942 Quit Indian Movement

1892 Indian Council Act

1909 Minto-Morely Reforms Act1919 Montague-Chelmsford Act

1919 Rowlatt Act

1935 Government of India Act

20th July 1905 Division of Bengal by Lord Curzon

1906 Birth of Muslim League

1940 August offer

1922 October Chauri-Chaurah incident

1922 Swaraj Party Formation1927 Simon Commission appointed by British Parliament

1928 Simon Commission visit ot India

1931 Gandhi-Irwin Pact

1930, 31, 32 Three Round Table Conference

1945 Simla Conference (Lord Wawell)


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ECONOMIC SURVEY 2013-14

The Economic Survey for 2013-14 tabled in Parliament by Finance Minister

Arun Jaitley on Wednesday prepared by senior economic advisor Ila Patnaik

on the state of Asias third-largest economy a day before Modis newgovernment presents its first budget.

Following are key highlights of the report:

1. Growth:

GDP growth seen at 5.4 5.9 percentin 2014/15

- Economic growth of 7-8 percentnot seen before 2016/17

2. Fiscal Health:

Fiscal deficit for 2013-14 contained at 4.5% of the GDP

3. Inflation:

- Government needs to move towards low and stable inflation through fiscalconsolidation

- Wholesale Price Index (WPI) inflation expected to moderate by end-2014

- Consumer Price Index (CPI) inflation showing signs of moderation

4. Current Account Deficit:

2014/15 current account deficit may be contained to around $45 billion or to2.1 percent of GDP

Balance of Payments:Improvement in balance of payments position during late

2013-14 was swift thanks to import restrictions and economic slowdown


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- Need to adjust to advanced economies eventual exit from accommodative

monetary policy stance

6. Taxation:

Government needs to move towards simple tax regime, fewer tax exemptions

and single rate of goods and services tax (GST)

- GST to play vital role in indirect tax reform

- Direct Taxes Code (DTC) required to replace existing income tax laws; will

reduce compliance costs and boost tax collection

7. Agriculture:

India ranks first in the world in productivity of grapes,banana,

cassava, peas, and papaya

- Agriculture sector growth rate 4.7% inthe year 2013-14

- Agriculture exports grow by 5.1% in the year 2013-14

- Exports of marine products show a growth rate of 45% in the year 2013-14

8. Industrial Performance:Industry grew by just 1.0 percent in 2012-13 and slowed further in 2013-14,

posting a modest increase of 0.4 percent.


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- During 2013-14, FDI inflow (including equity inflows, reinvested earnings

and other capital) was USD 36.4 billion.

- Overall gross bank credit flow to industry has increased by 14.9 percent in

2013-14.

9. Services:

India ranked 12th in terms of services GDP among the worlds top 15

countries

- India has the second fastest growing services sector with its CAGR at 9.0

percent, just below China

- The growth rate of the combined category of trade, hotels, restaurants,

transport, storage, and communications decelerated to 3.0 percent

- Financing, insurance, real estate, and business services grew robustly at 12.9

percent

- Services constitute a 57 percentshare in GDP at factor cost in 2013-14

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